IoT: Should You Invest? – insideBIGDATA
If you have been following tech industry news at all recently then you have no doubt heard of the Internet of Things, or IoT. The simple explanation for this recent boom is that there have been a number of developments in the tech industry that have made the technology more feasible. First though, what is the Internet of Things?
In short, it’s a network of devices that are connected via the internet and can share data between nodes. This would essentially mean that all the devices and utilities in our lives would be connected to one another allowing us to be in constant communication with our digital selves. Of course, the benefits extend far beyond that and have incredible repercussions for the advancement of the technology.
A truly connected world would make our data safer and provide us with an immediate portal to the internet that companies could use to advance all technology dramatically and in a short time. This has raised concerns of course, but, the IoT boom would actually lead us to a world of affordability and not susceptibility.