Internet Of Things: Delivering Value & Enriching Lives Infographic
Internet of Things, or IoT, refers to “network of physical devices, vehicles, home appliances and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these objects to connect and exchange data.
The reality is that IoT allows opportunities and connections to take place, many of which we can't even think of or fully understand the impact of today. It's not difficult to analyze how and why the IoT is such a trending technology today; it certainly opens the door to several opportunities.
Nowadays, IoT solutions provider companies use other key IoT technologies such as Big Data management tools, predictive analytics, AI and machine learning, cloud, and radio-frequency identification (RFID).