1. Home
  2.  |  
  3. News Capsule  |  

Amazon and IBM announced plans to enter Internet of Things (IoT) Marketspace

Apr 1, 2015 14:00 IST

IoT: Internet of Things

The term IoT was in the news because Amazon and IBM on 31 March 2015 announced their plans to enter the IoT marketspace.

IBM is setting up a separate IoT unit with an investment of 3 billion US dollars in the next four years.

Amazon introduced Dash Button on its devices which help the devices connect with the internet.

IoT refers to a network of devices which are embedded with electronic sensors and data transmitting technologies and connected over the internet. By using the Internet the data collected by sensors in a device can be transmitted to other networked devices and systems. The technology goes beyond machine-to-machine communications (M2M) and covers a variety of protocols, domains, and applications.

The technology helps in developing smart devices which work using information provided on a real time basis.


Is this article important for exams ? Yes30 People Agreed
Read more Current Affairs on: Internet of Things , Amazon , IBM

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK