Internet of Things: A World of Need and Opportunity

Abstract

With increasing popularity of the IoT (Internet of Things) and devices getting smarter day by day, this paper presents an idea to reform the Internet of things a world of opportunity. The IoT is opening fantastic opportunities for entrepreneurs and large established enterprises alike. Whether you prefer to think of it as the “Internet of Everything” or the “Internet of New Services for Me,” your life will be changed in ways not yet imaginable. The Internet of Things (IoT) refers to the use of intelligently connected devices and systems to pull data gathered by embedded sensors and actuators in machines and other physical objects. IoT is expected to spread rapidly over the coming years and this convergence will unleash a new dimension of services that improve the quality of life of consumers and productivity of enterprises shows internet of things as world of opportunity. In many different ways, and it encompasses many aspects of life from connected homes and cities to connected cars and roads, roads to devices that track an individual s behavior and use the data collected for push services. Some mention one trillion Internet-connected devices by 2020 and define mobile phones as the eyes and ears of the applications connecting all of those connected things.