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The Internet Of Everything Is Spreading Itself Around The World

The Internet is one of the most important and transformative technology ever invented. People are connected through it.  The Internet of people changed  the world, and the now, internet is not just about connecting people, it’s about connecting things.  So, When we start a discussion about Internet of Everything, we must have to know about Internet of Thing.

 Internet of Thing (IOT) is connecting numerous types of devices normally associate with networking. The Internet of thing is actually still pretty limited but it is growing in many areas actually growing in too many areas. IOT is impacting Automobiles and our homes. Internet of Things can collect information of surroundings and send that data to the particular sensors.

The Internet of Everything allows objects to be sensed and controlled remotely across existing network infrastructure, creating opportunities for more direct integration between the physical world and computer-based systems, and resulting in improved efficiency, accuracy and economic benefit.

The Internet of Everything Is the New Economy:

The Internet is one of the most important and transformative technology ever invented

‘Internet of Everything’  includes  ‘Internet of People’,’ Internet of Data’,’ Internet of process’, and  ‘Internet of Things’.Research from IDC predicts that The Internet of Everything will generate $ 9 Trillion in annual sales by 2020. General  Lactor concluded that IOE over the next 20 years could add $15000,000,000,000 to the Global Gross Domestic Product. Additionally, Cisco estimates that,  Public-Sector Cost and Savings and New Revenues will grow up to $4.6 Trillion and Private-Sector Profits up to $14.4 Trillion over the next 10 years by IOE.

The new IOE economy effects four phrase of daily life. The first is ‘people’. The internet involves to the IOE People will be connected in more relevant and valuable ways. The second is the ‘Things’. Physical idoms that is sensors, devices connected to the Internet and to each other to gather more data. The third is ‘Data’. Rather than collecting raw data, connecting things will send higher level of information to machines, computers and people for further evaluation and decision making. The fourth is ‘Process’. With the grip of process the right information can be delivered to the right person at the right time in appropriate lane.

Some of  interesting applications of the Internet of Everything:

  • Monitoring of parking spaces, vehicles and pedestrian levels in cities.
  • Intelligent and weather adaptive lighting for streets.
  • Monitoring of supply chain processes in the retail industry.
  • Tracking inventory in a manufacturing plant.
  • Monitoring condition of patients in hospitals.

So, with this short discussion we can say that, Internet of Everything is not only changing the modulation of our daily life also the world.