Tag: cost effective technology

IoT proliferation needs low cost to succeed

The Internet of Things (IoT) is a network of devices with embedded electronics, software and network connectivity that enables these devices to collect and in many cases exchange important data. These devices and their network components are smart and used in myriad of markets from manufacturing, vehicles, machines, and many others. Their function is ┬áto collect real time data and provide meaningful data for process improvement, regulatory compliance and operational … Read more