Internet of Things (IoT)
Internet of Things (IoT) is the process and system of connecting any physical thing to another through any medium of connectivity to transmit data without constant human intervention and provision of connectivity to the internet. 'Things' are assigned a unique identifier or an Internet Protocol (IP) for ease in identification. IoT utilizes the power of sensors and internet to gather data for smart functioning and reducing wastage.
How does it work?
Things are fitted with small inexpensive sensors that are power and design efficient to transmit data. These sensors also enable connectivity to the internet.
How does IoT help you?
Any two things of your business/trade can be connected to transfer data. The time and human effort employed for the same task is permanently eliminated by IoT, saving you money and automating a process.
Application of IoT
IoT is not restricted to any industry or business model. IoT is applicable under the following heads.
Benefits of IoT