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The Internet of Things (IoT) has been around for at least four decades, yet mostly ignored until now, and still poorly understood. In its simplest form, IoT is simply a device with a sensor that collects and transmits data over the Internet. At a more sophisticated level, it is connected to an analytics system to generate insights. At an even more sophisticated level, it is responsive.It was in the 1980s when people first started adding sensors to devices – university students modified a Coca-Cola vending machine to allow remote tracking of the machine’s contents. But it was not until Kevin Ashton proposed putting radio-frequency identification chips on products to track them through a supply chain that this phenomenon was christened “IoT.”[1]Since as early as 2008, there were already more connected devices than people in the world. The World Economic Forum predicts that by 2025, 41.6 billion devices will be capturing data on how we live, work, and commute.[2]Th