What is IoT Technology?
IoT technology encompasses all the enabling hardware IP, tools, systems, sensors, and software that support IoT device and application development. With IoT technology, everyday objects can be made smart—from medical devices to smartphones, watches to security cameras, and cars to factory production lines. IoT technologies also include security tools to prevent internet-based attacks on networked devices and their applications.
IoT technology is a key enabler of intelligent, scalable IoT networks that can help streamline operational processes, reduce costs, and open up new streams of revenue and business models. IoT technology gives companies the opportunity to be more efficient, improving and automating business processes and services, and providing increased efficiencies.