Internet of Things (IoT) is an ecosystem of connected physical objects that are accessible through the internet. The ‘thing’ in IoT could be a person with a heart monitor or an automobile with built-in-sensors, i.e. objects that have been assigned an IP address and have the ability to collect and transfer data over a network without manual assistance or intervention. The embedded technology in the objects helps them to interact with internal states or the external environment, which in turn affects the decisions taken.
Applications of IOT:
Imagine a world in which every device in the home, workplace and car are connected. A world where the lights automatically turn on when the car approaches the driveway, the coffee starts brewing when the morning alarm goes off and the front door automatically unlocks when approached by a member of the household, but stays locked when a stranger arrives on the front step. That is the type of world the Internet of Things can create.
Internet of Things (IoT) is the future of wireless networking based on electronic sensors and automatic data processing. IoT represents a general concept for the ability of network devices to sense and collect data from the world around us, and then share that data across the Internet where it can be processed and utilised for various applications.
IoT is not limited to one specific application. Today IoT applications spans across home automation, industrial automation, smart city solution, automotive application, smart energy management and more. According to the industry experts, the IoT solution space is going to witness an exponential growth with the increasing number of connected devices. According to the recent surveys of the companies approximately 26 billion devices are expected to be connected by the end of 2020.