The hardware and software components eco of IoT – Internet of Things

Sensors & Actuators + Semiconductors + Secured Connectivity + Automated Processes = IoT Systems In the computer world, we have experienced with a revolution of technological advancements. The paradigm shifting from Text Operating System to Windows, Internet Evolution, Search engines, eCommerce, Mobiles, and Smart phones have opened up plethora of new opportunities and so the product developments. Successful are those who have learnt and adopted to these innovations. In this journey, IoT (Internet of Things) is another evolution exploded with a Giga-size opportunities both in hardware and software. Utilizing the latest ultra-low power embedded devices connected to the internet, IoT allows the users to access ‘smart’ data and simultaneously control the system independently. The IoT is a world running on cloud based services and applications with smart devices (edge nodes or things) and systems (aggregators, collectors) networked together. These devices are essentially embedded systems and smart objects connected to internet with unique IP address which can be discovered and communicated over internet. They use IPv6 addressing scheme which overcomes the limitation of IPv4 (supporting upto 4 billion unique addresses). Many market research reports suggest that anything around 50~100 Billion IoT enabled devices are expected by the year 2020. The IoT landscape is moving...