Internet of Things: Technology Where Everything meets at a Single Platform.

The vast network of devices connected to Internet, including smart phones, tablets and almost anything with a sensor on it – cars, machines in production plants, jet engines, oil drills, wearable devices, and more. These “things” collect and exchange data. IoT allows objects to be sensed or controlled remotely across existing network infrastructure, creating opportunities for more direct integration of the physical world into computer-based systems, and resulting in improved efficiency, accuracy and economic benefit in addition to reduced human intervention.

The Internet of things requires huge scalability in the network space to handle the surge of devices. With billions of devices being added to the Internet space, IPv6 will play a major role in handling the network layer scalability. Fog computing is a viable alternative to prevent such large burst of data flow through Internet.The edge devices' computation power can be used to analyse and process data, thus providing easy real time scalability.

One of the key drivers of the IoT is data. The success of the idea of connecting devices to make them more efficient is dependent upon access to and storage & processing of data. For this purpose, companies working on IoT collect data from multiple sources and store it in their cloud network for further processing. This leaves the door wide open for privacy and security dangers and single point vulnerability of multiple systems.

Concerns have been raised that the Internet of things is being developed rapidly without appropriate consideration of the profound security challenges involved and the regulatory changes that might be necessary. The overall understanding of IoT is essential for basic user security. Keeping up with current anti virus software and patching updates will help mitigate cyber attacks.

IoT is a transformational force that can help companies improve performance through IoT analytics and IoT Security to deliver better results. Businesses in the utilities, oil & gas, insurance, manufacturing, transportation, infrastructure and retail sectors can reap the benefits of IoT by making more informed decisions, aided by the torrent of interactional and transactional data at their disposal.

Every year IoT brings new things to biotechnology, manufacturing, home living and every aspect of our daily lives. We’ve seen it disrupt traditional industries, transform our cities and contribute to the autonomous transport of the future.

It sits in an ecosystem where machine learning, AI and data analytics help us understand our world more than ever before. At the beginning of each year, it’s tempting to make expansive predictions for the 12 months ahead.

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