Internet Of Things (IOT) – Is it a “BIG Fish” to catch?

Internet Of Things

In this article, we will see what is IoT? and It’s growth in the coming years. IoT (Internet Of Things) is a network of physical objects like devices, vehicles, etc. connected to the cyber world. These connected devices collect and exchanges data over the network. The physical objects remotely controlled by the computers, based on the data collected from the objects. The IoT is creating opportunities in the area of transportation(Smart Cars), healthcare(Heart monitoring), infrastructure(Smart Cities, Smart Buildings), etc.

Day by day the number of connected devices are getting increased throughout the world. The stats indicate that the ~50 Billion connected devices will be there by 2020.
Statistic: Internet of Things (IoT): number of connected devices worldwide from 2012 to 2020 (in billions) | Statista

With the rise of connected devices, we can predict a lot of business scope for IoT. With the business predictions in the coming years given below, IoT will be the “Big Fish” to catch.
Statistic: Size of the global Internet of Things (IoT) market from 2009 to 2019 (in billion U.S. dollars) | Statista

 

Siva Janapati is an Architect with experience in building Cloud Native Microservices architectures, Reactive Systems, Large scale distributed systems, and Serverless Systems. Siva has hands-on in architecture, design, and implementation of scalable systems using Cloud, Java, Go lang, Apache Kafka, Apache Solr, Spring, Spring Boot, Lightbend reactive tech stack, APIGEE edge & on-premise and other open-source, proprietary technologies. Expertise working with and building RESTful, GraphQL APIs. He has successfully delivered multiple applications in retail, telco, and financial services domains. He manages the GitHub(https://github.com/2013techsmarts) where he put the source code of his work related to his blog posts.

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Posted in Internet Of Things

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