What is the difference between the "Internet of Things" (IoT) and "Machine to Machine" (M2M)?

he internet of things, or IoT, is basically a structure of interrelated computing devices, digital and mechanical machines, objects, people or animals that are provided with UIDs and the facility to shift data over a network with no human-to-computer or human-to-human communication.

The examples of internet of things (IoT) can be a person with a heart monitor implant, a vehicle that has in-built sensors to aware the driver in case of low tire pressure, a farm animal with a biochip transponder or any other man-made or natural object that can be assigned an IP address and is capable of transferring data over a network.

Gradually more and more organizations in a range of industries are making use of this IoT technology to function more proficiently, understand customers better to deliver improved customer service, boost the value of the business and, improve decision-making.

On the other hand, M2M or Machine-to-machine is basically a broad label that can be utilized to illustrate any technology that facilitates networked devices in exchanging information and execute actions devoid of the manual human assistance. M2M technology was primarily adopted in industrial and manufacturing settings, and afterwards found applications in business, healthcare, insurance and so on. This technology is also the establishment for the IoT, Internet of Things.

The origin of M2M is planted decisively in the manufacturing industry, where different other technologies, for instance, remote monitoring and SCADA, helped distantly control and manage data from equipment. The major function of M2M technology is to tap into sensor data and send it out to a network. Contrasting to SCADA or other remote monitoring tools, machine-to-machine systems frequently makes use of access methods and public networks – for instance, Ethernet or cellular – in order to make it more cost-effective.

The most important elements of an M2M system consist of RFID, sensors, a cellular or Wi-Fi communications link, and autonomic computing software designed to help a network device understand data and formulate decisions. These M2M applications decipher the data, which can generate automated or preprogrammed actions.

Apart from being able to remotely monitor systems and equipment, the best benefits of M2M comprise:

• Reduced costs by lessening equipment downtime and maintenance

• Increased revenue by revealing fresh business opportunities for servicing products in the field

• Enhanced customer service by practically servicing and monitoring equipment before it fails or whenever it is needed.

Although many uses both of the terms - M2M and IoT interchangeably, however, the major difference between the two is that M2M and IoT are not the same. IoT requires M2M, but M2M does not require IoT.

Both of these terms are related to the communication of connected devices, but Machine to Machine (M2M) systems are often out-of-the-way separate networked equipment. Internet of Things (IoT) systems takes M2M to the next level, bringing jointly dissimilar systems into one big and connected bionetwork.

M2M systems make use of point-to-point communications between sensors, machines and hardware over wired or cellular networks, while IoT systems rely on IP-based networks to deliver data collected from IoT-connected devices to the cloud, gateways or middleware platforms.

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