A survey on technological, business and societal aspects of Internet of Things by Q3, 2017

The Internet of Things (IoT) is one of the most trending technologies of the current era and is expected to cover a significant share of the global market in future. It connects physical objects to make them control and work for our daily chores; making it get its application in different fields of automation, thus reducing human effort. The objective of this paper is to emphasize on the different influencing aspects of IoT, namely Technology, Business and Society. After going through different journals, survey papers, blogs, newsletters, books and other information sources in this field, we pointed out the major Technological challenges of IoT; reviewed some relevant Business matters; and brought forward some affecting Social issues. We start this paper by presenting a brief overview of the IoT, and finally draw a relation among the different aspects of it.