What is “The Internet of Things” and What Does it Mean to the Average Household

Having been involved in the information systems industry for over 30 years now (ugh, I cannot believe it has been that long), I have seen the introduction and growth of many areas technologies that once were a novelty and now are common in every household. When I first started in IT, personal computers were in their infancy, cell phones did not exist and satellites were used by NASA not to obtain television reception.

One of the technologies many are hearing about today is the internet of things, aka IoT. Many people have asked me what is that and how will it impact me? I located the following article that I wanted to share as I think it explains this rather well and you don’t need to be a technology guru to understand it.

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Continued Demand for Warehouse/Distribution, Light Industrial Space Expected to Meet Supply Wave

With Few Modern Logistics Facilities Available (For Now), Investors Gobbling Up Available Portfolios. Absorption of U.S. industrial real estate, which was fairly muted in the first three quarters of the year due to lack of new supply, is expected to end 2014 on a strong note as developers wrap up construction on an estimated 50 million square feet of new warehouse and light industrial space.