Complexity of IoT world - Review of challenges and opportunities in application development

Internet of Things (IoT), as a concept has envisioned devices around us and devices that is used on bodies to collaborate and co-exist between both devices and bodies in harmony - thereby enhancing the quality of life and living conditions directly or indirectly. Realization of this vision requires that IoT provides an open extensible platform for enabling huge network of machines to collaborate with one another. Huge networks such as these provide immense opportunities in a multitude of diverse fields with wide ranging applications. There are many technical, operational, application and management challenges in the areas of building this unique platform owing to the diversity in the kind of applications and the devices (both new and legacy) supporting them. This paper introduces the main challenges of IoT development, applications, and standardization. Finally, the paper concludes by discussing the opportunities and prospects of IoT.