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The THING in "Internet of Things"

posted Aug 30, 2015, 9:41 PM by A Sarkar   [ updated Aug 31, 2015, 12:41 AM by Shyam Sarkar ]
A thing, in the Internet of things (IoT), is an entity or physical object that has the ability to transfer data over a network. A thing has an identifier. 
I have some questions about such THING in "Internet of Things".

IoT is expected to generate large amounts of data from diverse locations that increase very quickly, thereby increasing the need to better index, store and process such data. 
A thing can be simple thing like a sensor or a composite thing made up of disparate or separate parts of things. 
IoT software vendors might like to master a particular stage of the machine-to-machine (M2M) data flow process, such as: 
    (1) managing the communication with connected devices/sensors or with composite things comprising many sensors/devices;
    (2) providing middleware for integration to data repositories where definitions for both simple and composite things should be maintained
    (3) storing data from simple or composite things with static or dynamic relationships;
    (4) securing the simple or composite data; and 
    (5) analyzing and visualizing data for all types of things including composite things;

Are we going to deal with objects and interrelationships over objects at all levels of data flow process ?