Conclusion
The Internet of Things (IoT) is a network of physical objects or people called “things” that are embedded with software, electronics, network, and sensors which allows these objects to collect and exchange data. The actual idea of connected devices was proposed in 1970 and since then it is evolving still.
While we come to the end, IoT holds the lives of the human being straightforward and satisfactory. It has made the lives of the people very useful. Whereas on the other hand with the increased use of the Internet of Things the treat for security and safety has also improve. So we should be concerned while giving the details on the Internet platform. Fusion informatics is a web, mobile and best IoT App Development Companies in Atlanta specializing in the development of challenging and complex projects. Since 2000, we’ve delivered compelling solutions for such companies as Bosch, Lenovo, Bharat Petroleum, Reliance, Tardebulls and others.
Future
IoT enabled devices are becoming a part of the mainstream electronics culture and people are adopting smart devices into their homes faster than ever. The researchers at International Data Corporation (IDC) estimate that by 2020 there will be 25 billion connected devices to the internet. IoT devices will be a huge part of how we interact with basic everyday objects.
According to Gartner Inc., consumer applications will drive the number of connected things, while enterprise will account for most of the revenue. IoT adoption is growing, with manufacturing and utilities estimated to have the largest installed base of Things by 2020.
The future is happening now, and these devices are getting smarter every day through machine learning and artificial intelligence. To prove that IoT is taking off rapidly, Target opened up a store in San Francisco that exclusively sells IoT devices. There is big money in the IoT space currently, and it will only continue to grow as technology improves.
The more data that IoT devices collect, the smarter they will become. Cities will transform into smart cities through the use of IoT connected devices. Think of smart traffic lights that collect data on traffic, and use that data to sync lights to peak traffic times.
Overall, this improves cities overall efficiency and saves the government money since everything can be remotely managed. Smart homes, thermostats, lighting systems and coffee makers will all collect data on your habits and patterns of usage. All this data will be collected to help facilitate machine learning.