The Internet of Things (IoT) is rising as the next technology mega-trend, with intense and remarkable impacts over the business spectrum. There will be over $25 Billion associated “things” by 2020. IoT connects to the Internet, billions of everyday devices, which range from fitness bracelets to industrial equipment. IoT consolidates the physical and online universes and opens up a large group of new opportunities and challenges for organizations, governments and consumers.
A lot of things will change – individual lives, productivity at workplace and the consumption pattern. The Internet of Things is anticipated to pervade relatively every sphere and industry. Information can be gathered from, essentially, any possible source. IoT is advancing and Cloud is the stage of decision for the integration of data from machines and IT systems.