The Internet of Things (IoT) refers to a system of interrelated, internet- connected objects that are able to collect and transfer data over a wireless network without human intervention.
There are billions of interconnected devices which measure, move and act upon all the bits of data and makes our daily life workable. Thus, IoT represents tremendous opportunity for various types of IoT application & service providers, IoT platform providers & integrators, telecom operators & software vendors.
The evolution in technology is making the world progress towards Internet of Things. The scheme is to connect the daily life devices to one another and make them function efficiently with minimal human intervention.