The Wide World of IoT and Precision Technology

Many people think the Internet of Things (IoT) is about your toaster talking to your refrigerator. While there will no doubt one day be very useful consumer IoT applications, more immediately there are many industrial applications, and many more potential ones, to consider. This article, the first of three on the IoT, constructs a framework for precision technology — that is, an organization of the technologies that will enable the building of precision machines. The second article will take the point of view of a machine manufacturer and discuss the value of using such technology to build precision machines. The third article will discuss how such machines can be used to power precision industries like farming, transportation, healthcare, construction, and power. Things Are Not People Most first- and second-generation enterprise…


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