Internet of Things: Look Out for Latest IoT Trends in Industry 4.0

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IoT or the Internet of Things refers to a technology that connects smart devices to the same network through sensors and software for data collection and exchange over the internet. IoT powers household devices as well as industrial devices for seamless communication between people and things. With minimum human involvement, physical devices can share and collect information with technology that makes IoT possible such as low-cost computing, cloud, big data, analytics, and mobile technologies. With IoT, industries can achieve new automation applications that will improve their revenue and business models. IoT is a major of the fourth industrial revolution as it enables smart manufacturing, smart power grids, smart cities, etc.

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