Presently, we all are living in a technology driven world where none can step out their homes without the support of technology. Internet of Things can be explained as connecting the devices to an internet as well as to other devices. It can be called as a group where both people and things connect sharing and collecting various kinds of data. It basically works by connecting the devices which has sensors to the IOT domain this helps in sharing important information. In simpler terms, there are thousands of devices across the globe thus the connection of these to internet for sharing and collecting varied data. Below are few interesting facts about IOT that will surely increase your knowledge:
Usage of IOT:
In the earlier stage, the IOT was majorly adopted for manufacturing and business purpose. However, presently it has diverse usage mainly in offices as well as in home. This has been possible with the integration of smart devices helping in transforming majority of the people lives.
The picture of IOT actually very big than assumed and day by day it is getting bigger. The ratio of connected things is bigger than that of the people across the world. Each year the statistics of the usage of such devices is expected to increase in large number. Few of the reports suggests that majorly IOT devices that are used by the business houses are smart security cameras and electronic meter.
Good amount of Return of Investment
Research suggests that the big players in the market have already undertaken IOT and are really doing well as compared to those having no trace of IOT. People are getting a promising ROI due to which businesses in large amount are not hesitating to adopt this technology.
The sale of IOT items is seen to increase at a very fast pace in recent times. Smartwatches, other wearable devices, posture monitors and control lights are few IOT items that are emerging in the current market.
Future of IOT:
IOT has a very bright future across the globe. It is expected that by 2020 there will be inclusion of Internet-connected cloth. This will drive the entire cloth market to a large extent. Companies undertaking this technology will surely turnout as one of the major competitor. In near future the usage of smartphone users and other devices will increase ten times than that of the present day. However, a slight delay is expected as the term is not familiar with the wide number of audiences.
Thus, we are able to experience a future where things are pretty much connected and have bigger life style. However, the usage of this technology is highly dependent on the people hence, using appropriately or misusing it lies on our hands. Emergence of IOT at present is perceived to have no such declination it has only potential opportunity for the society. There is no end to innovation!