The Internet of things

In the near future each and every devices like home appliances and automotive can be connected in one way or another to enhance the capabilities and services of the devices. And according to recent studies of Economist Intelligence Unit they have predicted that the greatest impact for them by 2020 is the trend in Internet of Things.

According to Wikipedia definition Internet of Things can be defined as "The network of physical objects or things embedded with electronics, software, sensors and network connectivity, which enables these objects to collect and exchange data. Also the Internet of Things allows objects to be sensed and controlled remotely across existing network infrastructure, creating opportunities for more direct integration between the physical world and computer based systems and resulting in improved efficiency, accuracy and economic benefits. When IoT is augmented with sensors and actuators, the technology becomes an instance of the more general class of cyber physical systems such as smart grids, smart homes, intelligent transportation and smart cities."

Factors to consider IoT

1. Customer Analysis

IoT will be able both to aggregate and analyze customer data from trillions of points of contact with customers having detailed and precise user profile which can be used for analysis to understand what the smarter customer needs. So the technologist can provide the right products and services at right time which provides an appropriate response to a request.

2. Security 

Data Protection, privacy and security are main concern of skeptics of the IoT. 

3, Thrid Platform

Cloud Services, Big Data & Analytics, Mobile Computing and Social networks all the third platforms can be connected to the IoT so the end customer can have as much flexibility and accuracy.