Too Long; Didn't Read
The term “Internet of things (IoT)” is often used in tech-savvy conversations, and its prevalence in society is increasing exponentially. It is here to stay by making our lives ever more productive. The days of standalone appliances are long gone, and interconnected ‘smart’ devices are the way forward. Even though IoT is already making its presence felt in the fields of consumer electronics, household appliances, power utility distribution, and financial services, there are still some obstacles to cross and mountains to climb before we truly live in an interconnected world.