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Business
Anushka Dutta

How to Profit From the IoT (Internet of Things) Revolution

The Internet of Things (IoT) refers to connecting devices to the internet. In this digital era, the IoT market is expanding rapidly with its growing usage in devices ranging from ordinary household items to sophisticated industrial tools. Definitively, any device that is standalone and can be connected to the internet for monitoring or controlling from a remote location is an IoT device.

IoT is an umbrella term for things connected to the internet. It can be classified into a few broad categories: Consumer IoT, Commercial IoT, Military Things (IoMT), Industrial IoT (IIoT), and Infrastructure IoT.

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