Internet of Things: A network of internet-connected objects able to collect and exchange data using embedded sensors.

Internet of Things device: Any stand-alone internet-connected device that can be monitored and/or controlled from a remote location.

Internet of Things ecosystem: All the components that enable businesses, governments, and consumers to connect to their IoT devices, including remotes, dashboards, networks, gateways, analytics, data storage, and security.

Entity: Includes businesses, governments, and consumers.

Physical layer: The hardware that makes an IoT device, including sensors and networking gear.

Network layer: Responsible for transmitting the data collected by the physical layer to different devices.

Application layer: This includes the protocols and interfaces that devices use to identify and communicate with each other.

Remotes: Enable entities that utilize IoT devices to connect with and control them using a dashboard, such as a mobile application. They include smartphones, tablets, PCs, smartwatches, connected TVs, and nontraditional remotes.

Dashboard: Displays information about the IoT ecosystem to users and enables them to control their IoT ecosystem. It is generally housed on a remote.

Analytics: Software systems that analyze the data generated by IoT devices. The analysis can be used for a variety of scenarios, such as predictive maintenance.

Data storage: Where data from IoT devices is stored.

Networks: The internet communication layer that enables the entity to communicate with their device, and sometimes enables devices to communicate with each other.