Genesis and Development of the Internet of Things
Genesis and Development of the Internet of Things

Author(s): Lyuben Kirev
Subject(s): Economy, Business Economy / Management, ICT Information and Communications Technologies, Business Ethics, Green Transformation
Published by: Икономически университет - Варна
Keywords: Internet of Things; computer; internet; hype cycle; smart home; IoT systems in agriculture; 5G; M2M; Industry 4.0
Summary/Abstract: The article is dedicated to the genesis and development of the Internet of Things (IoT). Structurally, it consists of three parts. The first is introductory and reveals the primary foundations for the origin of IoT, such as the invention of the computer, the discovery of the transistor and the Internet as a global system of interconnected networks, the more significant discoveries before its "birth". In chronological order, the second part traces the expansion and development of the Internet of Things, highlighting the main milestones of its evolution from 2000 to 2024. In the third, concluding part, three stages in the development of IoT are distinguished - birth and initial development, growth and expansion, and ubiquitous connectivity and mass application. The expectations related to the areas of application of IoT and its future combination with artificial intelligence are also briefly touched upon.

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