The Internet of things (IoT) is the inter-networking of physical devices, vehicles (also referred to as "connected devices" and "smart devices"), buildings, and other items embedded with electronics, software, sensors, actuators, and network connectivity which enable these objects to collect and exchange data.
By 2030, Cisco projects that 500 billion devices with sensors will connect to the internet as part of IoT, the network of linked devices that collect data, interact with the environment, and communicate.
The benefits of the IoT for business depend on the particular implementation, but the key is that enterprises should have access to more data about their own products and their own internal systems, and a greater ability to make changes as a result.
For consumers it offers efficiency and recontexutualizes how people and things interact with eachother.
Right now one of the most challenging and an important aspect of a successful IoT platform are offerings that promise tight security and privacy for users.
It’s more imperative than ever as the space grows to allow consumers control over their data while platforms straddle to meet demands and adapt.
Best IoT Solution
AWS IoT Platform
Winners' Circle by Raju Gulabani VP Databases, Analytics and Machine Learning
Many thanks to the readers of DBTA for selecting AWS in four award categories this year. At AWS, over 90% of our roadmap is the result of feedback we receive from customers, and we’re constantly looking for ways to innovate on your behalf. Read on.
Cisco IoT Platform