It is hard to believe that it has only been around fifteen years since cell phones were becoming readily used by the population at large. The last two decades have seen an explosion of technological introductions that have revolutionized the consumer electronics industry. Cell phones, touch screens, apps, mobile computing and entertaining devices have seen tremendous changes and advances. These advances have brought challenges to all aspects of the semiconductor industry. Lighter yet stronger materials are required. Faster processing speeds and vastly increased memory densities are required to store and deliver data in the manner consumers have become used to. The “Internet of Things,” or “IoT” is the next evolution of these advances. IoT is defined as: the network of physical objects or "things“ embedded with electronics, software, sensors and network connectivity which enables these objects to collect and exchange data. The IoT allows objects to be sensed and controlled remotely across an existing network infrastructure, creating opportunities for more direct integration between the physical world and computer-based systems, resulting in improved efficiency, accuracy and economic benefits. In other words, the IoT will affect lives in nearly every facet imaginable in the future. Home life, business life, work, entertainment, shopping, education, finances, healthcare, home and auto maintenance will all be interconnected so that everything is managed through networked smart devices. This will be on a small scale with things such as smart vending machines that will remember what one usually buys, “wearables” which are any wearable device that will monitor physical activity, heart rates, or enhance communication, to life management solutions such as movies, pictures, finances, automatically uploaded, managed and stored on “the cloud” and also in ways one does not see but will improve their life, such as more efficient utilities, stream-lined manufacturing, and more secure banking.