Future and Challenges of Internet of Things

The world is moving at a fast pace, and the credit goes to ever growing technology. One such concept is INTERNET OF THINGS (Internet of things) with which automation is no longer a virtual reality. INTERNET OF THINGS connects various non-living objects through the internet and enables them to share information with their community network to automate processes for humans and makes their lives easier. The paper presents the future challenges of Internet Of Things , such as the technical (connectivity , compatibility and longevity , standards , intelligent analysis and actions , security), business ( investment , modest revenue model etc. ), societal ,changing demands , new devices, expense, customer confidence and legal challenges ( laws, regulations, procedures, policies etc. ). A section also discusses the various myths that might hamper the progress of INTERNET OF THINGS, security of data being the most critical factor of all. An optimistic approach to people in adopting the unfolding changes brought by INTERNET OF THINGS will also help in its growth.