Internet of Things is internet based system that control any kind of electrical equipment’s via remote or mobile apps.
The “Internet of Things” (IoT) has the power to change our world. IoT will play an important role in the future and there is expected to be a significant amount of cash flowing through the market in the up-coming years. Over half of major new business processes and systems will incorporate IoT elements by 2020. The impact on consumers’ lives and corporate business models is rapidly increasing as the cost of instrumenting physical things with sensors and connecting them to other things devices, systems and people continues to drop.
# Connected Industry: Strong IoT project footprint in oil & gas and in factory environments.
# Smart City: Traffic management and utilities driving Smart City IoT use cases
# Smart Energy: Strong push in the US and other parts of the Americas
# Connected Cars: Largest segment making use of M2M technology