What is Internet of Things and Why is it Important?

What is the Internet of Things?
The Internet of Things, also known as IoT,is how we describe the billions of connected devices around the world that are now connected to the internet.These devices are embedded with internet connectivity, sensors, software, and other technologies for the purpose of connecting and sharing data with each other via the web.

Why is Internet of Things so important

IoT has become increasingly importance, both for industrial use and everyday use.

From smart thermostats to remote door locker,IoT technology are expected to equip a large amount of day-to-day objects with connectivity and intelligence.It is making our lives better and smarter in so many ways, IoT also helps us gain complete control over our lives.

In addition to our smart home device,IoT is an important technology in business and industry.As IoT will collect and process large volumes of data by connecting billions of devices. It has the ability to gives businesses a thorough picture of everything from machine performance to supply chain and logistics operations.

With the help of industrial Internet of Things (IIoT), it allows companies to access valuable data at low cost,analyze big data,lower operating costs, increase safety,introduce remote working options, increase productivity, improve business processes, expand to new markets, and generate additional revenue streams.