In its simplest form, the Internet of Things (IoT) is the connection, and the cloud is a remote hard drive and some useful applications, but, when looking at the data, things get complicated. There will be huge amounts of data stored securely in the cloud as a result of the IoT, and the trick will be use and analysis of the information, not the connection and storage of it.
The technology of the Information Age is the IoT, the cloud and big data. These three technologies work together, and, in the near future, we will have another name for it all. One thing it cannot be called is the black hole of data. It needs to create stars, not eat them to realize the efficiency and productivity improvements everyone is claiming.
The Autodesk IoT VIP Experience session at Autodesk University 2015 (AU 2015) in Las Vegas shed some light on the IoT, cloud and how the data can be used. The session basically launched Autodesk's IoT business and how the future of IoT fits into the future of making things.