Presented By:: 1. Bhavana Kondurkar 2. Ritesh Shetty 3. Prathmesh Pande 4. Shefali Rane

PRESENTED BY:
1. Bhavana Kondurkar
2. Ritesh Shetty
3. Prathmesh Pande
4. Shefali Rane
IoT ?
●The Internet of Things (IoT) refers to the ever-growing
network of physical objects that feature an IP address for
internet connectivity, and the communication that occurs
between these objects and other Internet-enabled devices
and systems.
● In simple words, Internet of Things (IoT) is an ecosystem

of connected physical objects that are accessible through
the internet.
●It is also referred to as Machine-to-Machine (M2M),

Skynet or Internet of Everything.
Components of IOT
Smart Systems and Internet of Things are
driven by a combination of :
1) Sensors
2) Connectivity
3) People & Processes

Why IOT ?
● Dynamic control of industry and daily life.
● Improves the resource utilization ratio.
● Integrating human society and physical systems.
●Flexible configuration.
●Acts as technology integrator.
● Universal inter-networking.
What is the scope of IoT ?
Internet of Things can connect

devices embedded in various
systems to 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 ways of increasing
efficiency.
Corporate aspect
IOT is a transformational force that can help companies improve
performance through IOT analytics and IOT Security to deliver
better results. Businesses in the utilities, oil & gas, insurance,
manufacturing, transportation, infrastructure and retail sectors
can reap the benefits of IOT by making more informed decisions,
aided by the torrent of interactional and transactional data at their
disposal.
How can IOT help ?
▬ IOT platforms can help organizations reduce

cost through improved process efficiency, asset
utilization and productivity.
▬ The growth and convergence of data,

processes and things on the internet would
make such connections more relevant and
important, creating more opportunities for
people, businesses and industries.
Current status & future prospect of IoT
By the year 2020, there will be a lot more

connected devices than people on earth
A Gateway to the future!
Progress Index
The sky’s not the limit. It’s only the beginning with IOT!
Economic aspect of IoT
Different fields in which IOT is used
Every Technology is just a
touch away
Challenges faced by IoT
At present IoT is faced with many challenges, like
●Scalability
●Security
●Technical requirements
●Technological standardization
●Software complexity
Solutions to the challenges
Several solutions are proposed to overcome the problems.
Some of them are -
●Overcoming compatibility issues is a significant IoT hurdle, but emerging

companies are starting to enable increased interoperability through
Open-source development.
● Governments and industry bodies need to set standards

and regulations for the various industries to ensure that data is not misused.
●IOT needs strong authentication methods, encrypted data and a platform

that can track irregularities on a network.
Conclusion
Projections for the impact of IoT on the
Internet and economy are impressive, with
some anticipating as many as 100 billion
connected IoT devices and a global
Economic impact of more than
$11 trillion by 2025.
The potential economic impact of IoT is
huge,but the journey to IoT adoption
is not a seamless one. There are many
Challenges that face companies looking
to implement IoT solutions. However, the risks and
disadvantages associated with IoT can be
overcome.
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

Presented By:: 1. Bhavana Kondurkar 2. Ritesh Shetty 3. Prathmesh Pande 4. Shefali Rane

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PRESENTED BY:

● In simple words, Internet of Things (IoT) is an ecosystem

●It is also referred to as Machine-to-Machine (M2M),

3) People & Processes

● Dynamic control of industry and daily life.

● Improves the resource utilization ratio.

● Integrating human society and physical systems.

●Acts as technology integrator.

Internet of Things can connect

▬ IOT platforms can help organizations reduce

▬ The growth and convergence of data,

By the year 2020, there will be a lot more

●Overcoming compatibility issues is a significant IoT hurdle, but emerging

● Governments and industry bodies need to set standards

●IOT needs strong authentication methods, encrypted data and a platform

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