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What Everyone Should Know About IoT Smart Home

August 21, 2019 By Pravin Leave a Comment

Internet of things (IoT) is one of the disruptive technology, positively impacting industries by helping them monitor and optimize overall business processes and enhance customer’s experiences. 

In layman terms, IoT is a complex network of low-cost but advanced sensors & actuators for data collection, monitoring, decision making, and process optimization. Where except for data collection, all the other processes can happen either locally at the device level or on the cloud with or without user interference.  

As per the McKinsey Global Institute, insights on disruptive technology, by 2025, IoT has an estimated potential economic impact of $ 6.2 trillion annually from sized applications.

Disruptive Technologies - IOT Smart home
Disruptive Technologies
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Pravin Profile Bio
Pravin

Decision Scientist. Digital Nomad. Online Business Owner. Tech Blogger. Building online businesses, exploring technology and travelling the world inch by inch, day by day.

Filed Under: Smart Homes Tagged With: IOT, Smart devices, Smart Home Technology, smart lights, smart plugs, Smart Switches

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