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Internet of Things (IoT) – Concept, Components, Applications, Challenges & Future Outlook | Management Information System (MIS)

Internet of Things (IoT)

Internet of Things (IoT)

Internet of Things (IoT) refers to the interconnection of physical objects, vehicles, appliances, and other objects that have sensors, software, and connectivity. By connecting these devices, they can exchange data with each other and with a central server or cloud-based system, creating a network of interconnected “things.” It has the potential to revolutionize industries and transform our lives. Here’s an in-depth explanation of IoT:

Internet of Things

Components of IOT:

There are three key components of IoT. They are as follows:

  • Sensors and Devices:

IoT devices are physical objects that have sensors, processors, and communication capabilities, also known as “smart” or “connected” devices. The devices range in complexity from simple sensors to complex devices, including wearables, home appliances, industrial machinery, or automobiles. These devices contain sensors that collect data, such as temperature, humidity, motion, location, or biometrics.

  • Connectivity:

IoT devices are connected using a variety of communication techniques, such as Wi-Fi, Bluetooth, cellular networks, or low-power wide-area networks (LPWAN). Data can be transmitted and received by these devices from and to other devices or central systems using these connectivity options.

  • Data Processing and Analytics:

The Internet of Things generates a great deal of data from connected devices. This data is processed, analyzed, and transformed into meaningful insights using advanced analytics, machine learning, and artificial intelligence (AI). A device can process data locally or in a centralized system, such as the cloud.

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