'Internet of Things' may revolutionise the agricultural sector
Internet of things (IoT) broadly means “All objects, which are connected to the web, will be enabled to share and process data through their sensors and communication devices independently”. It is estimated that by 2023, globally there may be 7 billion connected people, more than 30 million applications and embedded systems, more than 60 trillion GBs of data and around 8 trillion revenue opportunity. The IoT market value is expected to reach $11 trillion with security spending reaching $3.5 billion shortly. The history of IoT evolution started with archaic mode of interaction between human and thing (people and things), followed by interaction of machine and machine (things and things), leading to interaction of people kicking off through proverbial internet (people and people), resulting in multiple things getting connected on net (web of things) and then finally the internet of humanity. Click Here
