In its crude form, the internet of things is often referred to as machine to machine communications. The internet of things is a network that consists of intelligent device and systems along with the human thought processes. It would involve objects used by us on a day to day basis, like watches, mobile phones, keys household appliances, cars, buildings and many other things that touch our daily lives.
These objects will all have chips or sensors that have an ability to read data while communicating with all other devices that have similar embedded devices. There would be almost no need for any human intervention once a proper instruction is made part of the chip and this would allow all these things to talk to each other, think about their condition and feel the need to make the changes necessary or communicate instructions to other things. At the same time, all these things will have the ability to report their status to us at all times.
The internet of things can, in the long run, advise on the need for maintenance or replacement of parts in machinery, thus reducing maintenance costs and downtime. It can go a long way in developing smart cities that allow for centralized system control of all city utilities.