What Makes Internet of Things Market A Trillion Dollar Industry?

Internet of Things Trillion Dollar Industry
Started with the machine-to-machine (M2M) communication, the internet of things has come a long way. The concepts of man to machine, machine to machine and machine to mobile are collective called as internet of things (IoT) – a term coined by Kevin Ashton in 1999. The Auto-ID labs at MIT made this concept truly popular. Today, smartphones have become the strongest connecting tool and vital instrument...

Internet of Things Market to Boost IT Sector at Impressive Growth Rate

machine-to-machine-m2m-communication-market
The internet of things (IoT) is an advanced concept based on the uniquely identifiable objects, which have virtual representations. Radio frequency identification or RFID is often seen as the prerequisite for IoT or internet of things. In the processes of IoT and M2M (machine to machine) communications, objects or things are considered as essential projected active participants in various social processes,...