The document discusses the internet of things (IOT), which connects physical devices to the internet through sensors and software. IOT allows devices to collect and share data. It goes on to describe features like unique identifiers, connectivity, sensors, and size considerations for small devices. Applications mentioned include smart homes, agriculture, energy, transport, and smart lighting. The conclusion states innovative technologies are needed to realize IOT's potential and that by 2020 it could connect 4 billion people and 26 billion devices, representing a $4-11 trillion market.