Bondstein Technologies Limited

In the wake of the Fourth Industrial Revolution, the world is experiencing daily technological advancements and inventions. There are so many technological advancements that it is becoming more difficult to keep track of them all! From manufacturing using intelligent machines to Artificial Intelligence used by an app on your mobile phone, there are so many to keep track of! Of all the technological advancements and inventions, one stands out – IoT (Internet of Things). IoT is an umbrella word for a set of hardware or devices that can communicate with one another over the internet to form a system. Kevin Ashton, a consumer sensor specialist, and innovator, coined the term IoT in 1999 to describe the network that connects objects through the internet. However, it was after Industry 4.0 that the boom in IoT technology took place. According to a report by The Economic Times, households have ten connected devices on average and will rise to 50 in 2021.