IoT: The Universal Panacea




What is IoT?
Internet of Things (IoT) or let’s say Internet of Everything refers to an umbrella that covers the entire network of physical devices, home appliances, vehicles and other items embedded with software, sensors, actuators, electronics and connectivity, or we can say with an IP address (Internet Protocol), which enables these objects to connect and exchange data, which resulting in enhanced efficiency, accuracy and economic advantage in addition to reduced human involvement.

Why IoT?
As a human, we can track and count everything, and greatly reduce waste, loss and cost. We know when things needed replacing, repairing or recalling, and whether they are fresh or past their best. Now a day, the same is done by computers. They have ability to know everything there is to know about things - using data they gather without any help from humans. They can see, hear and smell the world for themselves, in all its random glory. This is precisely what IoT platforms does for us. It empowers Device/Objects to watch, recognize and comprehend a circumstance or the surroundings without being subject to human help.

What is the scope of IoT?
Internet of Things or Internet of Everything can connect gadgets embedded in different frameworks to the internet. When gadget/objects can represent themselves digitally, they can be controlled from anyplace. The connectivity at that point causes us to capture more information from more places, guaranteeing more methods for increasing effectiveness and enhancing safety and IoT security.

IoT is a transformational constrain that can enable organizations to enhance their performance through IoT analytics and IoT Security to convey better outcomes. Organizations in the utilities, oil & gas, insurance, manufacturing, transportation, infrastructure and retail areas can receive the rewards of IoT by making more informed decisions, helped by the downpour of interactional and value-based data available to them.

How can IoT help?
IoT platforms can enable associations to reduce cost through enhanced process effectiveness, asset utilization and productivity. With enhanced tracking of gadgets/objects using sensors and connectivity, they can benefit from real-time insights and analytics, which would enable them make smarter decisions. The development and convergence of data, processes and things on the internet would make such associations more significant and essential, creating more opportunities for people, organizations and enterprises.

What is the future of IoT?
As far as the reach of the Internet of Things, there are more than 12 billion devices that can currently connect to the Internet, and researchers at IDC estimate that by 2020 there will be 26 times more connected things than people.



“As the Internet of things advances, the very notion of a clear dividing line between reality and virtual reality becomes blurred, sometimes in creative ways.” – Geoff Mulgan

“With the IoT, we’re headed to a world where things aren’t liable to break catastrophically – or at least we’ll have a hell of a heads’ up. We’re headed to a world where our doors unlock when they sense us nearby.” – Scott Weiss

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Contact Person: Amelia Smith


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