The foundation is based upon the intelligence that the embedded systems have to offer. IoT – the Next Area of Digital Innovation We are currently living in an era of a networked society dominated by mobility and connectivity. With a growing impetus on digitalization, Smart Cities, and other stuff, there is a general optimism that there will be a lot more innovation coming up in the IoT space to drive the digital economy innovation.

This contains an enormous amount, say billions of sensors and connected smart objects that are making the web wiser. Let us see how. The IoT bubble is exploding. Stats reveal that it is growing at a breathtaking pace from 2 billion objects in 2006 to an estimated 200 billion in 2020. By the way, that will be around 26 smart objects for a human being on earth.

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