There a huge hype around Internet of Things, with each day bringing in new IoT enabled devices and applications. What started with the evolution of industries, led to Industry 4.0 or Industrial Internet has gradually made its way towards consumer devices.
Internet of Things can be broadly classified under two heads
Industrial & Consumer
Industrial IoT mainly focuses on improving operational efficiency across industries such as manufacturing, transportation, logistics, aviation, oil & gas and other industrial sectors.
Consumer IoT also known as CIoT, refers to billions of physical devices such as smartphones, smart watches, smart home appliances that are connected to the internet and have advanced features enabled by collecting and sharing data.
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Internet of things has led to a marked transformation both in terms of operational efficiency and innovation.