What is the Internet of Things (IoT)?
You have heard many times word like “Internet of Things” — or IoT — at somewhere, but you might be wondering and searching about this buzzword IoT.

To explain in simple terms, Internet of Things is connecting any device surrounding you to the Internet and provides you with a personalized experience. This concept transforms all electronic devices to smart ones; say for example mobile phones, washing machines, wearable devices, tea and coffee makers and anything else that you can think of.
I have researched and compiled a beginner’s guide to the IoT to help you understand and increase knowledge about Internet of Things.
Basic Definitions:
Below, I have mention some terms and definitions of Internet of Things IoT:
- Internet of Things: A network of internet-connected objects able to collect and exchange data using embedded sensors.
- Internet of Things device: Any stand-alone internet-connected device that can be monitored and/or controlled from a remote location.
- Internet of Things ecosystem: All the components that enable businesses, governments, and consumers to connect to their IoT devices, including remotes, dashboards, networks, gateways, analytics, data storage, and security.
- Entity: Includes businesses, governments, and consumers.
- Physical layer: The hardware that makes an IoT device, including sensors and networking gear.
- Network layer: Responsible for transmitting the data collected by the physical layer to different devices.
- Application layer: This includes the protocols and interfaces that devices use to identify and communicate with each other.
- Remotes: Enable entities that utilize IoT devices to connect with and control them using a dashboard, such as a mobile application. They include smartphones, tablets, PCs, smartwatches, connected TVs, and nontraditional remotes.
- Dashboard: Displays information about the IoT ecosystem to users and enables them to control their IoT ecosystem. It is generally housed on a remote.
- Analytics: Software systems that analyze the data generated by IoT devices. The analysis can be used for a variety of scenarios, such as predictive maintenance.
- Data storage: Where data from IoT devices is stored.
- Networks: The internet communication layer that enables the entity to communicate with their device, and sometimes enables devices to communicate with each other.
IoT Predictions, Trends, and Market
It expects there will be more than 24 billion IoT devices on Earth by 2020. That’s approximately four devices for every human being on the planet.
And as we approach that point, $6 billion will flow into IoT solutions, including application development, device hardware, system integration, data storage, security, and connectivity. But that will be money well spent, as those investments will generate $13 trillion by 2025.
Who will reap these benefits? There are three major entities that will use IoT ecosystems: consumers, governments, and businesses. For more detail, see the Industries section below.
IoT Industries
Several environments within the three groups of consumers, governments, and ecosystems will benefit from the IoT. These include:

IoT Security & Privacy
As devices become more connected thanks to the IoT, security and privacy have become the primary concern among consumers and businesses. In fact, the protection of sensitive data ranked as the top concern (at 36% of those polled) among enterprises, according to the 2016 Vormetric Data Threat Report.
Cyber attacks are also a growing threat as more connected devices pop up around the globe. Hackers could penetrate connected cars, critical infrastructure, and even people’s homes. As a result, several tech companies are focusing on cyber security in order to secure the privacy and safety of all this data.
More about IoT
- IoT devices connected to the Internet will more than triple by 2020, from 10 billion to 34 billion. IoT devices will account for 24 billion, while traditional computing devices (e.g. smartphones, tablets, smartwatches, etc.) will comprise 10 billion.
- Nearly $6 trillion will be spent on IoT solutions over the next five years.
- Businesses will be the top adopter of IoT solutions because they will use IoT to 1) lower operating costs; 2) increase productivity; and 3) expand to new markets or develop new product offerings.
- Governments will be the second-largest adopters, while consumers will be the group least transformed by the IoT.
IoT Development Tools/Platforms:
1. Eclipse IoT > https://iot.eclipse.org
2. Node-Red > https://nodered.org
3. Dronesmith
4. Arduino > https://www.arduino.cc
5. IFTTT
6. M2MLabs Mainspring > http://www.m2mlabs.com
7. Canopy > http://canopy.link
8. Intel® Edison Development > https://software.intel.com/en-us/iot/hardware/edison
9. Tessel 2 >https://tessel.io
This Article was brought by Leading IoT Company — ControlAny, Let get in touch with us, If you are looking for Internet of Things Solutions.
