Introducing the Internet of Things (IoT)
While you are probably familiar with the notion of IoT, what is it, actually? Chances are good that you can think of many things that connect to make this network, but what is the underlying concept here? Actually, there is no broadly accepted definition of what the Internet of Things is.
Forbes has one of the more apt descriptions of the IoT, though, which is, the concept of basically connecting any device with an on and off switch to the Internet (and/or to each other). This includes everything from cellphones, coffeemakers, washing machines, headphones, lamps, wearable devices, and almost anything else you can think of. This also applies to components of machines, for example, a jet engine of an aeroplane or the drill of an oil rig.
Golden Saint Technologies (LON:GST) builds on the profitable ICT business of its Singaporean subsidiary EMS Wiring Systems, which has been supplying governments and large private organisations with intelligent building solutions for the last 28 years. GST’s strategy is to develop solutions to meet the needs of the ICT industry, acting on the surging opportunities in the technology and innovation sectors – Data Centres, Intelligent Buildings, Smart Cities and the Internet of Things – and particularly targeting emerging markets where the demand for ICT infrastructure is rapidly increasing.