The Internet of Things (IoT) has been presented as the next big wave with the potential to change the way we interact with technology in our day-to-day. The real potential of the IoT resides in the ability to expose data from connected smart devices that can interact with other sources of information and generate predictive interactions with individuals and organizations. The purpose of this presentation is to set the basics around IoT and explore the main application areas where IoT really matters, highlighting what is already on the shelf and what is still only hype. Topics covered: - Connected Home - Transportation - Health, Fitness and Quantified Self - Industrial and Smart cities - Open Platforms & APIs