In the last few years, India has come a long way in the aspects of technology. With it’s ‘Vision 2020’, India is raising it’s importance and will surely achieve a global presence in various sectors.
Every year we are being introduced to numerous new technologies, especially in the electronic and mechanical fields. Apart from the 5G network, which is the most talked about upcoming technology, let’s drift our conversation to the Internet of Things often referred to as IoT.
The Internet of Things is one of the most growing network of physical things which enables it’s IP address for the Internet connectivity. Basically you can access each of the devices through the Internet, be it a referigerator or any other home appliance. The government of India has planned to introduce IoT technology to improve water and electricity conservation, transportation and agriculture. IoT basically enable objects for a connectivity and exchange the data over the internet. The devices embedded with IoT can actually communicate and interact over the internet and they can be remotely monitored or controlled as well.
You can perhaps monitor your business process and can save you time and money subsequently. Hospitals often use IoT systems to complete tasks such as inventory management for both pharmaceuticals and medical instruments.
In conclusion, we can say that ‘Internet of Things’ is seen as the next great revolution in the technology world which has the potential to transform the way we live, the way we think and most importantly the way we perform.
Government of our country with it’s ‘Make in India’ or the ‘Digital India’ program, aims to create an IoT industry of 15 billion dollars by the year 2020. The industrial applications of IoT, primarily in automotive and transportation are expected to drive the IoT revenue by 2020.