Internet of Things refers to devices other than computers that are connected to the Internet and can send and receive data. In other words, it is the internetworking of physical devices, vehicles, buildings, and other itemsâ€”embedded with electronics, software, sensors, actuators, and network connectivity that enable these objects to collect and exchange data.
"Things," in the IoT sense, can refer to a wide variety of devices such as lighting, heating, ventilation, air conditioning, washers / dryers, robotic vaccums, air purifiers, ovens, refrigiratiors and other devices that use Wi-Fi for remote monitoring and transmitting data.
IoT analytics applications make the data meaningful and help companies understand the Internet of Things data at their disposal, with an eye toward reducing maintenance costs, avoiding equipment failures and improving business operations.
Developers can easily embed the platform components into their applications saving the time, expertise and expense of building the components themselves. These components add specialized IoT-analytics functionality to applications, increasing their value and enabling applications that would have simply have been too costly and time-consuming to develop without them. And the platform integrates easily with existing sensors, network infrastructure and end-user applications.