Definition
Internet of Things (IoT) is "a proposed development of the Internet in which many everyday objects are embedded with microchips giving them network connectivity, allowing them to send and receive data." (Oxford English Dictionary)
Related terms
Embedded Internet devices
Machine-to-machine communications
Internet of Everything (IoE), Smart Manufacturing, Smart Cities, Smart Grid, Industrial IoT, Web of Things, Collaborative IoT, Smart Products, Intelligent Home, etc.