What is IoT
The Internet of things (IoT) describes the network of physical objects — “things”— that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the Internet.
The IoT allows millions of devices to be connected, measured and monitored to automate processes and operations and support better decision making. The soaring of the Internet of Things is supported by the Low–Power, Wide-Area Networks (LPWAN) allowing the transfer of information at low cost. Industrial IoT demands cost-effective, long-range and power-efficient sensors and machines, and LoRa stands out by optimizing LPWAN for the battery lifetime, capacity, range, and cost.
With more than 7 billion connected IoT devices today, experts are expecting this number to grow to 10 billion by 2020 and 22 billion by 2025.