Mehmood Hanif: What the hell is Internet of Things - IoT?

You've probably listen to the phrase "Internet of Things"  or IoT — but you might also be scratching your head figuring out what it is or what it means.
IoT cannot only impact how we work but also how we live.
Kevin Ashton, digital innovation expert who is credited with coining the term, defines the Internet of Things in this quote:
“If we had computers that knew everything there was to know about things—using data they gathered without any help from us—we would be able to track and count everything, and greatly reduce waste, loss and cost. We would know when things needed replacing, repairing or recalling, and whether they were fresh or past their best.”
Internet of Things is transforming physical world into a massive information system, but how Internet of Things impact businesses in 2017?

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