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Research Article Open access CC BY 4.0

Internet of Things: Impact on Economy

Charles I. Saidu, Adamu S. Usman, Peter Ogedebe

Journal of Advances in Mathematics and Computer Science · pp. 241–251 · Published 16 Feb 2015

10.9734/BJMCS/2015/14742

Abstract

The Internet of Things is expected to bring a revolution in the way objects around us communicate with one another and human beings and the way this information will be gathered and distributed. This also means a resultant increase in internet usage and the challenges of securing information over the internet. This paper looks at what components make up the internet of things and its business viability in our ever changing world. Despite security challenges of communicating over the internet, it still remains the leading means of communication and our dependence on the internet and mobile technology is only expected to increase.

Information and communication technology internet of things protocols.

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