Abstract: The necessity of getting data from every real world entity with the help of embedded sensors, communicating network and remote management resulted in the emergence of Internet of Things, acronymed as IoT. The term IoT, coined by IBM differs from IoE(Internet of Everything) in terms of advancement and interoperable technologies. IoT deals with a network of similar devices such as those of smart phones whereas IoE constitutes network of all smart devices like smart TV, smart AC, smart phone etc. Just like humans, any device with a sensor or machine can communicate in the network with the help of Internet. Thus, huge data gets generated in fraction of seconds, which can be stored and processed in cloud to generate meaningful patterns. In this paper, various aspects of IoT have been covered which provides insights into the future of Information Technology.

Keywords: Big data, PaaS, Internet, smart devices, IoE.