Digital Transformation

CHAPTER 6Internet of Things

This chapter provides an understanding of Internet of Things (IoT) technology with how the data from the connected world is harnessed, transmitted, stored, and analyzed. It also discusses the IoT architecture, implementation methodology, and some of the typical applications and use cases across industries with future day‐in‐life scenarios that can make the enterprise connected and intelligent.

Internet of Things Overview

IoT is the fourth‐generation technology after the development of mainframes, personal computers, and mobile computing. IoT, in simple terms, is computing with the shared environment at a massive scale.

A consumer IoT takes a normal consumer device, connects with the internet, and adds new functionality to make it a smart device for better and enhanced consumer experience.

An industrial IoT connects assets and equipment to physical sensors to monitor activities and bring in operational efficiencies. Data is collected real‐time for on‐the‐fly optimization to reduce inefficiencies in the usage and processes.

Some of the industries where IoT will have its major impact include automotive, electronics, retail, utilities, energy, banking, insurance, healthcare, and agriculture.

Understanding the Internet of Things

The Internet of Things describes the ecosystem of physical devices embedded with sensors, software, electronics, and network connectivity that enable them to communicate among themselves and with cloud services to gather ...