What does IoT stand for?

The term IoT stands for "Internet of Things," which refers to the vast network of interconnected devices that communicate and exchange data over the internet. These devices can range from everyday household items like smart refrigerators and thermostats to industrial machinery and wearable technology. The concept emphasizes the ability of devices to collect and share data, often leading to improvements in automation, efficiency, and decision-making processes.

Understanding the Internet of Things is crucial in today's technological landscape since it highlights the significant role that connectivity plays in various applications, including smart homes, smart cities, healthcare, and more. This interconnectedness allows for real-time monitoring, control, and analysis of systems, paving the way for advancements in technology and improved user experiences.

The other options do not accurately represent the widely accepted definition of IoT in the field of technology.