“The IoT is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction. The IoT describes the connection of any device to the internet using embedded software and sensors to communicate, collect and exchange data with one another. With IoT, the world is wide open, offering a virtually endless array of opportunities and connections at home, at work or at play.”
In other word:
The Internet of Things is widely accepted as the network of physical everyday objects embedded with sensors, battery, software, and network connectivity to enable these objects to collect and exchange data without direct human or central computer interaction.