Pesu C-Iot

Internet of Things (IoT), a network of things or devices connected to the internet, creates new customer experiences, formulates new business models, improves operational efficiencies, and thus it has received humongous attention recently. IoT is the lynchpin enabling augmented, virtual, and mixed reality to provide more natural and immersive ambient experiences within the digital world. With the advent of 5G and associated wireless technologies, the barriers of physical proximity have faded, enabling the easy collection, processing, storage, and visualization of the data with the aid of cloud computing. The McKinsey report estimates the IoT economy to be worth between four to eleven trillion USD by 2025. It is incumbent on us to seize the unprecedented opportunities and challenges presented by IoT. Consequently, PES University has fully funded and created the Center for Internet of Things (C-IoT) to focus and work on the IoT models and research to overcome the above discussed issues.