Review and study of internet of things: It's the future

Internet of things represents a groundbreaking vision of technological, economic and social significance. This paper is designed to help technology enthusiasts navigate the dialogue surrounding the same, be well versed in IoT and understand its potential to change everything we know to be true today. In this new era of technology, Internet of Things (IoT) has the true potential to make computing ubiquitous — a concept introduced by Mark Weiser in early 1990s. Machine to machine, computer to objects, environment to computers, intelligent systems — “The internet of everything”, is where the potential seems to be endless. IoT can be seen as a universal global neural network of connected things in the cloud where smart machines interact and communicate with other machines, objects, infrastructure and the environment. As a result of which, exponential amount of data is generated and processed into actions that has the ability to command and control things making our everyday life much easier. This paper concludes with a discussion around social and commercial issues likely to surface when Internet of Things becomes a household reality.