• The Environment of Internet of Things (IoT) : An Innovative Model

Devarshi Chatterjee Prof (Dr) Devapriya Chatterjee

Abstract:
\r\nIn the past few years, the global digitalization reached new heights, with the extensive usage of the Internet, and the fast evolution of Internet-based technical processes, that shortened the life cycles of the services and products, as the necessity was rapid changing business models. The paper discusses the evolution of business models in the scenarios of Internet of Things (IoT), and the applications of people and services. The notion of Internet of Things (IoT), as well as services, visualize the appliances and physical devices, that need to be utilized as a service of the web, and the integration into the applications of the network, with the meeting of all the requirements of the functionality. The technological notion is clear, and this has given rise to the development of several smart applications. The business environment on the outlook of information as an asset, in the rights of its own is open to discussion. In order to resolve this issue, it is necessary to introduce a value-based technique of requirement, popularly known as \r\n