Opportunities Are Endless As The IoT Market Continues To Grow
The Internet of Things (IoT) is a network of connected devices that are in communication with the internet for tracking usage, monitoring functionality, collecting data, and automating systems and processes. Smart devices are those listen to commands and execute them perfectly. The IoT market has been steading rising and the AI related to the smart speakers have also proved their usefulness.
A smart home is a home with all types of network-connected devices. These could be controlled remotely or by voice. Many tech giants and start-ups alike are creating IoT devices. IoT smartwatches and IBM’s Watson are examples of using IoT for healthcare.
In theory, in the future, a smart car will be able to communicate with the city it’s in to determine where to go. This allows for traffic management, prevents accidents, and could solve transportation problems. Precision farming helps in increasing the yield by making use of using IoT-connected sensors.
Microsoft’s Windows, IBM’s Watson, Amazon’s Alexa, Apple’s HomePod and HomeKit services, Alphabet’s Google multiple creations, Intel’s IoT vision, and ARM’s Mbed are some examples of how many companies are working towards the same goal. The potential of IoT is far more than we have ever realized. It lets almost everything to be automated and monitored remotely.
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