Inter of things

1. A Seminar Presentationon
l
Presented by group:
Rishil Vaghasia 186050307062
Neel Patel 186050307042
Khushal Soni 186050307057
Sherwin Parmar 186050307033

2. INDEX
1.What is IOT?
2.Component of IoT
3.Why Iot?
4.Scope of Iot!!
5.How can Iot help?
6.Current status & Future prospect of IoT
7.Application IoT
8.Conclusion

3. IoT?

4. TheInternet of Things(IoT) refers to the ever-growing
network of physical objects that feature an IPaddressfor
internet connectivity, and the communication that occurs
between these objects and other Internet-enableddevices
and systems.
In simple words, Internet of Things(IoT) is an ecosystem
of connected physical objects that are accessiblethrough
the internet.
It is also referred to asMachine-to-Machine(M2M),
Skynetor Internet ofEverything.

5. Components of IoT
Smart Systems and Internet of Things
are driven by acombination of :
1) Sensors
2) Connectivity
3) People & Processes

6. Why IoT ?
 Dynamic control of industry and dailylife.
 Improves the resource utilization ratio.
 Integrating human society and physical systems.
 Flexible configuration.
 Acts astechnology integrator.
 Universal inter-networking.

7. What is the scope of IoT ?
• Internet of Things canconnect
devices embedded in various
systemsto the internet.
• When devices/objects can
represent themselves digitally,
they can be controlled from
anywhere.
• The connectivity then helps us
capture more data from more
places, ensuring more waysof
increasing efficiency.

8. Corporate aspect
IoTis atransformational force that canhelp companies improve
performance through IoT analytics and IoT Security to deliver better
results.
Businessesin the utilities, oil & gas,insurance, manufacturing,
transportation, infrastructure and retail sectors can reap the benefits of
IoTby making more informed decisions, aided by the torrent of
interactional and transactional data at theirdisposal.

9. How can IoT help ?
IoTplatforms canhelp organizations reduce
cost through improved processefficiency,asset
utilization and productivity.
Thegrowth and convergenceof data,
processesand things on the internetwould
makesuchconnections more relevant and
important, creating more opportunities for
people, businessesand industries.

10. Current status & future prospect of IoT
Bythe year 2020, there will be alot more connected devices than people onearth

11. A Gateway to the future!

12. Progress Index
Thesky’snot the limit. It’s onlythe beginningwithIoT!

13. Economic aspect of IoT

15. Younameit, andyouwill haveit inIoT!

16. HowmuchmoreIoTcandoisonlyleft to you imagination!

17. Challenges faced by IoT
At present IoTis faced with many challenges, like-
 Scalability
 Security
 Technical requirements
 Technological standardization
 Software complexity

18. Solutions to the challenges
Several solutions are proposed to overcome the problems.
Someof them are-
Overcoming compatibility issuesis asignificant IoThurdle, but emerging
companies are starting to enable increased interoperability throughopen-source
development.
 Governments and industry bodies need to set standards and regulations forthe
various industries to ensure that data is not misused.
IoTneeds strong authentication methods, encrypted data and aplatform that can
track irregularities on anetwork.

19. Conclusion
Projections for the impact of IoTon the
Internet and economy are impressive, with
someanticipating asmany as100 billion
connected IoTdevices and aglobal economic
impact of more than $11 trillionby 2025.
Thepotential economic impact of IoTis huge,
but the journey to IoTadoption is not a
seamlessone. There are many challenges that
face companies looking to implement IoT
solutions. However,the risks and
disadvantages associatedwith IoTcanbe
overcome.

20. References
 https://www.nebula.co.za/2016/11/11/risks-disadvantages-iot-overcome/
 https://www.internetsociety.org/doc/iot-overview
 http://www.happiestminds.com/Insights/internet-of-things/
 http://www.webopedia.com/TERM/I/internet_of_things.html
 https://www.sap.com/india/solution/internet-of-things.html

21. THANK YOU