The Internet of things (IoT) is the inter-networking of physical devices, vehicles, buildings, and other items — embedded with electronics, software, sensors, and network connectivity that enable these objects to connect, collect and exchange data.  The IoT allows objects to be sensed or controlled remotely across existing network infrastructure. There are multiple locations in which the data generated by IOT device can be stored and analysed; cloud, local database, or even on the device itself.
The IOT is also referred as "connected devices".
It is estimated that there will be 24 Billion connected devices by 2020. The IOT affects all the three entities: businesses, governments and direct consumers.
Rishva Technologies helps companies in IOT business strategy, solution design, consultancy, application development.

Diverse Applications in IOT

HOME (Consumer)

Regrigerator
Washer
Television
Bulbs
Security

TRANSPORT (Mobility)

Traffic management
Parking
Supply chain
Connected cars
Public transport

HEALTH (Body)

Patient care
Diagnostics
Equipment Monitoring
Bio wearables 
Food sensors

BUILDINGS (Infrastructure)

Security
Lighting
Alerts
Occupancy
HVAC

CITIES (Industry)

Utilities
Smart metering
Waste Management
Retail
Surveillance