As we know that Internet means network of Networks. Hence, IOT with its name itself, is network of things, which are connected with Internet.
We can conclude that Internet of Things is the concept of connecting devices to the Internet and to the devices. IoT is a giant network of connected things and people – all of which collect and share data about the way they are used and about the environment around them.
Smart watches, smart cars, smart cams, these are the terms probably you would have heard lately. And, I am sure, with time you are going to listen these terms even more. But what are these things exactly — and what makes them so smart?
These devices are all part of an emerging category called the Internet of Things, or IoT for short.
The IoT allows objects to be sensed or controlled remotely across existing network infrastructure, creating opportunities for more direct integration of the physical world into computer-based systems, and resulting in improved efficiency, accuracy and economic benefit in addition to reduced human intervention.
Scope Of IoT
With IoT, devices embedded in various systems of internet can be connected together. They come across in same ecosystem. When devices/objects can represent themselves digitally, they can be controlled from anywhere. The connectivity then helps us capture more data from more places, ensuring more ways of increasing efficiency and improving safety and IoT security.
IoT can help companies improve performance through IoT analytics and IoT Security to deliver better results. Businesses in the utilities, oil & gas, insurance, manufacturing, transportation, infrastructure and retail sectors can reap the benefits of IoT by making more informed decisions, aided by the torrent of interactional and transactional data at their disposal.
Recently we can see a boom in the market of IoT, certainly everyone wants to implement IoT functionalities in their systems to make them more interactive and efficient.
Read more about it on next posts on IoT :