INTERNET OF THINGS(IOT)

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INTERNET OF THINGS(IOT) by Mind Map: INTERNET OF THINGS(IOT)

1. Some of the advantages of IoT include: -Ability to access information from anywhere at any time on any device; -Improved communication between connected electronic devices; -Transferring data packets over a connected network saves time and money; -Automating tasks helps improve the quality of a business’ services and reduces the need for human intervention.

2. 3. Benefits of IoT

2.1. The internet of things offers a number of benefits to organizations, enabling them to: -Monitor their overall business processes; -Improve the customer experience; -Save time and money; -Enhance employee productivity; -Integrate and adapt business models; -Make better business decisions; and -Generate more revenue.

3. 4.Cons of IoT

4. 5.Some disadvantages of IoT include:

5. -As the number of connected devices increases and more information is shared between devices, the potential that a hacker could steal confidential information also increases; -Enterprises may eventually have to deal with massive numbers -- maybe even millions -- of IoT devices and collecting and managing the data from all those devices will be challenging. -If there’s a bug in the system, it’s likely that every connected device will become corrupted; -Since there’s no international standard of compatibility for IoT, it’s difficult for devices from different manufacturers to communicate with each other.

6. 1. Definition

6.1. The internet of things, or IoT, is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

7. 2. Why IoT is important

7.1. The internet of things helps people live and work smarter as well as gain complete control over their lives. In addition to offering smart devices to automate homes, IoT is essential to business. IoT provides businesses with a real-time look into how their companies’ systems really work, delivering insights into everything from the performance of machines to supply chain and logistics operations.