BUSINESS SERVICES

Internet of Things (IoT)!

Embedded with technology, these devices can
communicate and interact over the internet.

 
 
 

Internet of Things (IoT)
IoT applications are used for industrial use cases to improve processes,
create new revenue streams, reduce costs, and increase safety by analyzing data from equipment,
creating predictive maintenance models, and keeping devices up to date with over-the-air updates.

 

The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect and exchange data, creating opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions.

The number of IoT devices increased 31% year-over-year to 8.4 billion in 2017 and it is estimated that there will be 30 billion devices by 2020. The global market value of IoT is projected to reach $7.1 trillion by 2020.

IoT involves extending internet connectivity beyond standard devices, such as desktops, laptops, smartphones and tablets, to any range of traditionally dumb or non-internet-enabled physical devices and everyday objects. Embedded with technology, these devices can communicate and interact over the internet, and they can be remotely monitored and controlled.

   
   
 
 
The Internet of Things is important because it makes previously unusable data available. IoT applications tap into device data and let you visualize, explore, and build sophisticated analytics such as machine learning in the cloud. IoT applications can also run on devices so they can respond in real-time as events unfold. For example, a predictive model for scene detection analysis could run on a security camera and, when the camera sees suspicious activity, it could send an alert.  
 
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