What is “Internet
of Thing” (IoT)?
IoT stands for Internet of Things and also sometimes
known as the internet of everything (IoE). With the help of new age sensors and
networking chips physical objects or “Things” can be connected to each other in
a network.
Why it is
important?
These devices help in making intelligent decisions and
choices based on data they transfer and process. According to Acquity
Group 26 billion IoT devices will hit the market by the year 2020.
Top 5 Things about
IoT Internet infrastructure –
Connected devices need proper internet infrastructure to
stay connected. Apart from sending and receiving data to each other many
devices would also require fetching data from the internet to give more precise
information and make an intelligent choice. With the development of Li-Fi,
Hi-Fi, Google Balloons IoT will invade the market sooner.
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Since there is a great opportunity and market in Internet
of Things companies like Intel, Microsoft, Cisco, IBM are investing heavily for
its R&D.There are bright future and growth in this field, and its is
expected to grow in coming years.
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