Before digging out the details of IoT, let me explain what IoT actually means and how it has evolved over the years. To begin with, let's understand what IoT is. It is a device or software that connects the physical world to the digital.
IoT allows access to things remotely; this could be any kind of gadgets or appliance, including things like TV, AC units, fans, doors, and other physical objects. At the same time, it not only helps people interact with things but also organizations and companies to maintain their business process. Importantly, as the potential of IoT enhances, a large number of business enterprises are realizing (some of them have already started using IoT applications) the need and are trying to learn how to implement this technology. According to research, more than 21 billion things will be connected through the IoT by 2020. In fact, IoT has the power to reincarnate your business. So, my aim here is to help you explore the benefits of IoT applications in business enterprises.