NAMAN AGARWAL ICAI PPT.pdf for icai students

Presentation

1. THE INSTITUTE OF CHARTERED
ACCOUNTANTS OF INDIA
INTERNET OF THINGS
SUBMITTED BY:
NAME: NAMAN AGARWAL
REG.NO.: CRO0770376
SUBMITTED TO:
INSTITUTE OF CHARTERED
ACCOUNTANTS OF INDIA

2. ACKNOWLEDGEMENT
I am thankful to our faculty for providing me an opportunity to work on this
project and giving their guidance and encouragement.
It is a matter of great pride and pleasure to express our indebtedness and
warm gratitude to our IT staff for their keen interest unceasing distance and
constructive attitude at every stage of this project work.
I’m also thankful to the Institute of chartered accountants of India for
including the project in the syllabus I thank them all for their stimulating
efforts. I have gained a lot of knowledge while preparing the project. Your
confidence in me has made this training successful.

3. INDEX
1.Introduction to IOT
2.Components of IOT
3.Why IOT ??
4.How IOT works !!
5.Benefits of IOT
6.Challenges of IOT
7.Current & Future prospect of IOT
8.Application of IOT
9.IOT Gateway
10.Conclusion
11.Bibliography

4. INTRODUCTION TO IOT(INTERNET OF THINGS)
❏IOT refers to the ever-growing network of
physical objects that feature an IP address for
internet connectivity.
❏In simple words IOT is an ecosystem of
connected physical objects that are
accessible through the internet.
❏It is also referred as Machine to Machine
(M2M), Skynet or Internet of everything.

5. COMPONENTS OF IOT
Smart System and Internet of things are driven by combination of:
1.Sensors
2.Connectivity
3.People & Processes
Sensors
Connectivity
People &
Processes

6. Why IOT??
★Dynamic control of industry and daily life.
★Improves the resource utilization ratio.
★Integrating human society and physical system.
★Flexible configuration.
★Acts as technology integrator.
★Universal inter-networking.

7. HOW IOT WORKS!!
RFID : To identify and
track the data of things
Sensor: To collect and
process the data to detect
the changes in the physical
status of thing
Smart tech: To enhance
the power of the network
by developing processing
capabilities
Nano tech: To make the
smaller and smaller things
have the ability to connect
and interact

8. BENEFITS OF INTERNET OF THINGS
➢Control and Automation
Internet-connected devices such as air-conditioners,
coffee makers, and humidifiers can all be integrated with
Google-and Amazon made voice assistants, allowing
you not only to turn them on or off through simple voice
commands but also to automate their schedules.
➢Real-Time Access to Information
One of the primary benefits of the Internet of
Things is the uninterrupted flow of information.
Internet-connected devices can share data at the
speed of light, which means fewer delays and a
lower potential for miscommunication.

9. ➢Improved Efficiency
It is a system relying solely on machine-to-machine
communication, with data logged and collected in
real-time, at any time of day or night. One of the
most significant impacts of such a system is the
increased efficiency of a wide range of services.
➢Improved Quality of Life
We’ve dealt mainly with the benefits of the
IOT in business, but focusing solely on this
aspect would be shortsighted. There are many
ways in which big data and the Internet of
Things could improve the quality of life of
ordinary people.

10. CHALLENGES OF IOT
While IOT has many potential benefits, it also possess some significant
challenges:-
➔One major concern is privacy, as IOT devices often collect sensitive data
about users that could be exploited if it falls into the wrong hands.
➔Security risk are a major issue, as IOT devices can be vulnerable to hacking
and other cyber attacks.
➔There are concerns about the environment impact of IOT, particularly with
regards to e waste and energy consumption.

11. CURRENT STATUS & FUTURE PROSPECT OF IOT

12. APPLICATIONS OF IOT
Agriculture sector-
• Monitoring of climate conditions.
• Greenhouse automation.
• Crop management.
• Cattle monitoring and management
Consumer use-
• Wearables
• Security
• Smart grid
• Automotive
• Asset tracking

13. Healthcare-
●Remote patient monitoring
●Glucose monitoring
●Heart-rate monitoring
●Hand hygiene monitoring
●Depression and mood monitoring
Insurance-
• Home insurance
• Car insurance
• Reduce cost
• Risk management
• Customer connection

14. IOT GATEWAY

15. CONCLUSION
The Internet of Things (IoT) is a network of physical objects or people called “things”
that are embedded with software, electronics, network, and sensors which allows these
objects to collect and exchange data. The actual idea of connected devices was
proposed in 1970 and since then it is evolving still.
While we come to the end, IoT holds the lives of the human being straightforward and
satisfactory. It has made the lives of the people very useful. Whereas on the other hand
with the increased use of the Internet of Things the treat for security and safety has also
improve.

16. BIBLIOGRAPHY
❖https://www.slideshare.net/slideshow/internet-of-things-iot-seminar-
ppt/73336312#10
❖https://www.slideshare.net/slideshow/internetofthings-iot-aseminar-ppt-
by-mohankumarg/57381284#10
❖https://www.cropin.com/iot-in-agriculture
❖https://www.oracle.com/in/internet-of-things/
❖https://en.wikipedia.org/wiki/Internet_of_things