It is expected that more than 50 billion objects would have been connected with the power of the Internet by the year 2020. This includes not only smart devices like cell phones and tablets but also coffee makers, washing machines, jet engines, stereo headphones, light lamps, digital wearable devices and almost everything with a sensor on it. This huge network of myriad objects is better known as the Internet of Things (IoT).
The Internet of Things (IoT) is a virtual network where every objects, whether a person or an animal, everything is assigned and recognized by a unique address (Technically known as IP address) and has an amazing ability to transfer and receive data over a network without any sort of communication between human-to-computer or human-to-human. It allows objects to be sensed and controlled across the sphere, crafting great opportunities to connect with the physical world into computer-based systems, and resulting in enhanced adeptness, accuracy and economic benefit.
It is evolved from the power of the Internet, micro-electromechanical signals, and wireless technologies. In the IoT, things can be a heart monitoring implants, electric clams in coastal waters, DNA analysis devices for food/pathogen monitoring or an automobile with in-built sensors that alerts the driver in case of anything wrong suspected. In other words, it can be anything (natural or man-made objects) that can be assigned a unique IP address.
IoT devices are helpful in offering authentic sales data based on queries like how, why, and where products are used and purchased. It allows businesses to make their production plan and sure-fire marketing efforts.
IoT devices can save your significant time and offer the best value for your money.
IoT connects multiple devices in a common ecosystem. From smart devices to televisions, automobiles to refrigerators everything can be synced via the Internet of things and provide authentic and reliable customer data to the companies.
Many IoT supported smart applications, like Apple’s iBeacon, offering authentic and valuable knowledge about customer’s location, preferences, and buying behaviors.