ABSTRACT
The world of the internet and computers is moving towards the next level of intelligence and smartness, and has the potential to change the lives of billions. The Internet of Things (IoT) can be viewed as a construction of several smart connected devices (a sort of “universal global neural network” in the cloud), which encompass every aspect of life. It can be viewed as a beautiful innovation of technological devices incorporating each other to create a world beyond imagination. The creativity of this new era is boundless, with amazing potential to improve our lives. Will IoT be able to build a smarter and energy efficient world? If yes, then how? Will it be a perfect model for growth and development? This chapter is an attempt provide an answer to all these queries.
