' Internet of Things '

What is the 'Internet of Things'?

The Internet of Things is the network of physical objects-devices, vehicles, buildings and other items- embedded with electronics, software, sensors and network connectivity that enables these objects to collect and exchange data. 

The Internet of things will have a major positive impact on Businesses in the sense that they will save on travelling costs for business meetings. For example the CEO of a big company that has branches all over doesn't have to travel for business meetings he can just use skype to have the meeting with other board of directors that are not in the same area/region as him. 

Socially it enhances communication between people and in the long run everything is going to be digital friendly.There will be a decrease in digital divide, example country's like India that don't have access to internet and a lot of digital things/objects now will have access and know more about digital access.