ContentsWhat is the Internet of Things?The Internet of Things is a computing concept that describes a future in which physical objects or everyday things will be connected to the Internet and objects or things will have the ability to identify themselves to other devices connected to the Internet. The term Internet of Things is very difficult to explain, at its simplest it can be closely identified with radio frequency identification as a method of communication between devices, although other communication technologies also exist which include sensor technology (an example of technology of sensors is), wireless technology (an example of wireless technology is) and Quick Response Code (QR code) technology (Janssen 2013) The advantages of the Internet of ThingsThe first advantage is that the Internet of Things enables business organizations to interact with their stakeholders in a completely new way and also allows the business organization to create new business models to achieve success when everything is connected to the Internet. The second benefit of the Internet of Things will allow a retail organization (e.g. Apple Computer, Inc.) to build a better relationship with its stakeholders and, the greater a stakeholder's loyalty and delight, the The retail organization will be able to create the brand that the stakeholder prefers to buy the most. Retail organizations can also personalize the shopping experience and target retail offers to stakeholders that will be based on information generated by the new, larger Internet of Things information systems. The Internet of Things can transform the b...... middle of paper ......, available at: http://www.cisco.com/web/about/ac79/docs/ ps/motm/IoE-Smart-City_PoV.pdf .Rajah, P., 2013. How the Internet of Things helps healthcare. , pp.1–7. Available at: http://www.healthtechviews.com/2013/08/21/how-the-internet-of-things-is-helping-healthcare/ [Accessed April 15, 2014]. Selinger, M., Sepulveda, A. & Buchan, J., 2013. Education and the Internet of Everything, available at: http://www.cisco.com/web/strategy/docs/education/education_internet.pdf.Smith, L., 2014. The IoT also impacts manufacturing. 1, pp.1–5. Available at: http://www.designnews.com/author.asp?doc_id=271065&dfpPParams=ind_184,industry_auto,industry_consumer,aid_271065&dfpLayout=blog.Sumy Cortland, 2013. The Internet of things - Disadvanages. , pp.1–2. Available at: https://sites.google.com/a/cortland.edu/the-internet-of-things/disadvantages [Accessed April 15, 2014].