It is generally agreed that Kevin Ashton coined the phrases “Internet Of Things” in 1999 when he linked the new idea of RFID in Procter & Gamble’s supply chain to the Internet.
According to a US Director of National Intelligence report:
“Visionaries have seized on the phrase ‘Internet of Things’ to refer to the general idea of things, especially everyday objects, that are readable, recognizable, locatable, addressable, and/or controllable via the Internet—whether via RFID, wireless LAN, wide-area network, or other means”.
“Everyday objects includes not only the electronic devices we encounter everyday, and not only the products of higher technological development such as vehicles and equipment, but things that we do not ordinarily think of as electronic at all—such as food, clothing”
“Individuals, businesses, and governments are unprepared for a possible future when Internet nodes reside in such everyday things as food packages, furniture, paper documents, and more. Today’s developments point to future opportunities and risks that will arise when people can remotely control, locate, and monitor everyday things”.