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.