IoT: A Mainstream and Disruption in Business Model

With the traditional Machine-to-Machine (M2M) technology many advantages like incremental Network traffic, system integration for IT and asset efficiency played major role in the success of the technology. M2M is the foundation of IoT but at the same side M2M and IoT are not same. M2M is independent of IoT but IoT depends on M2M. IoT took M2M to a different and an advanced level such that it brought together the distributed system at one large connected system. As the technology touched every life, there came IoT where huge no. of devices were there but “connected to internet.” From the recent research it has been known that there will be 30 billion devices by 2020 connected to each other with the help of internet. 

IoT in recent has seen an exponential growth as it has widespread its usage in every vertical. Finally, we can conclude that the future will be smart as we will be with Smart technology which will turn everything smart like smart city, smart homes, smart cars and many more. IoT can significantly change the business model of an industry as it is making everything smarter and advanced. Not only this, but Industrial IoT Solution provided a large amount of smart tools to change the strategy of any business.

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