The Internet Of Things Demystified: Connect, Collect, Analyze And Act , Forbes;
"When you get past the acronyms and buzzwords that describe the platforms that help organizations manage their operations, it all boils down to gathering information so you can make good decisions. The tech industry establishes a lot of jargon that helps differentiate one technology from another. Those terms are helpful to IT professionals but often serve to confuse everyone else. The Internet of Things (IoT) is a term that creates confusion.
I prefer to describe this technology according to what it does. IoT is nothing more than connecting things, collecting information from them, analyzing it and acting upon it accordingly: connect, collect, analyze and act. By distilling the technology into a plain description, we demystify the term. We make it attainable and approachable—something that everyone can understand."