Internet of Things | As cheap as chips!

Internet of Things is a costly cost effective idea! 

How???  

Let’s talk about the hardware cost:

Open source platforms, Low-cost sensors, Cost effective microchips and accelerometers all these are bringing down the hardware costs. 

What about the Big Data?

The Big Data, generated from implementing IoT, can be hosted cost effectively on platforms such as Azure IoT services. The Machine Learning tools help companies in carrying out predictive analysis. The Power BI tool gives employees the ability to view the data on user-friendly Excel spreadsheets.

We are well aware about the preserve of esoteric machinery and expensive services. Soon it is going to be applied to cost effective products that can be equipped with an embedded chip.

In near future, it would be possible that more untended devices would be communicating over the internet than there are people. We will delegate machines to handle interactions for us, and to interact with other machines to accomplish our objectives.