IndexIntroductionHow does it work?Why is it mandatory?What are its weaknesses and strengths?How is it used by companies?Ethical issuesConclusionIntroductionOnly Internet of Things known as IoT, it is a network of elements that allows objects to exchange data with each other. This is the 21st century. New innovations are introduced every day and everyone is looking for networks and ease that make their life and work convenient in everyday life. According to (Mitchell, 2018), it represents a concept for the ability of network devices to detect and accumulate data from every possible corner of the world. They understand where the data can be used and distribute it through Say No to Plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay on the Internet worldwide. It's not just about connecting devices to a network. The core part of IoT is to set up a self-calibration mode that implements certain actions when the specific requirement is met (Kitowska, 2019). (McClelland, 2017) defines IoT as a system of interconnected computing devices, mechanical and digital machines, objects, animals or people that are assigned unique identifiers and have the ability to transfer data over a network without the need for any intervention human human to human or human to computer connection. How does it work? Many IoT devices and smartphones are related in that they are simply managed by apps on smartphones. Smartphones play an important role in the Internet of Things. IoT devices consist of sensors and mini-computer processors that proceed with the data accumulated by the sensors via machine learning. IoT devices are known as the mini computers connected to the internet, which is true as these devices are prone to being affected by malware and hacking due to growing technology like computers do. When computers perceive data in a similar way to humans, for example by accumulating various data from the surrounding environment and presenting it to IoT devices, it is called machine learning. This data can help machines learn our tastes and adapt accordingly. Machine learning is a type of artificial intelligence. It generally helps computers learn without having to be programmed by anyone. This does not mean that the intelligent speaker we possess will discuss with us the highlights of last night's big game. Instead we might receive an alert from our connected refrigerator on our smartphone that we are out of eggs and milk because it knows we are near a supermarket (Nadia Kovacs, 2019). Why is it necessary? All devices should not be connected just because they can be, but each connected device collects data for a particular reason that can be useful to a business. This could affect the overall economy in many ways. (Burgess, 2018) The sensors we talk about in product segments can accelerate the efficiency of tasks performed and can reduce waste in industrial applications. According to one study, 35% of US manufacturers use smart sensor data in their setups. The US company Concrete Sensors has created a device that can be inserted into concrete to provide information on the state of the material. (Burgess, 2018) IoT offers us the opportunity to become efficient in the way we do things, helping us save time, money and possible hassles. It enables companies, governments and authorities to rethink and review the way they provide services and produce goods so they can improve their ways ofimprovement. It opens up an opportunity for much more contextualized and responsive interactions with the information realm across the Internet of Things with devices that have the potential to bring about greater change. (Burgess, 2018) What are its weaknesses and strengths? There is no compliant international standard for labeling and monitoring equipment. This disadvantage is one of the easiest to overcome. But there are more chances of failure with all complex IoT systems. Bankruptcies could skyrocket, even if a small fraction of them collapse. For example, both you and your spouse receive a message that your milk has expired due to which you stop at a store on your way home to buy milk. As a result, you both buy it. You and your spouse have purchased double the amount you both need. Not only that, maybe a bug in the software ends up automatically ordering a new ink cartridge for your printer every hour for a few days, or after every power outage, when in reality you just need a replacement. Along with this, the risk of privacy loss increases with the transmission of all this IoT data. Imagine if a notorious hacker changed all your personal data, maybe even financial data, which is extremely dangerous. Or if a store sends you a product you are allergic to or a product that has already expired. This leads us to tell ourselves that security is ultimately in the hands of the consumer, confirming all automation. (Quek, 2017) The Internet of Things has numerous weaknesses that may take a lot of time and effort to overcome and, in some cases, are impossible to overcome, but it has its positive sides if used effectively and not abused of IoT devices. At the same time, the Internet of Things offers a number of benefits to organizations, allowing them to: Control overall business operations Improve customer experience Preserve time and money Increase employee productivity Embed and customize business models Formulate business decisions Higher Drive Higher Revenue IoT stimulates companies and organizations to rethink how they apply to tap into their businesses, industries and markets and provides them with the tools to improve their business tactics. (Rouse, 2019)How is it used by businesses?There are multiple real-world applications of the Internet of Things, from consumer and enterprise IoT to manufacturing and industrial IoT (IIoT). IoT applications span multiple verticals, from automotive to telecommunications to energy and more. (Rouse, 2019) Consumer service provides insights into the growing world of consumers and connected devices. The research program recommends a qualitative and quantitative analysis of the enabling technologies, devices and also vendors competing for the consumer IoT market. Investigates demand views on consumer attitudes towards the use of Internet-enabled products and services to provide consumers with the best possible services. It also provides a deeper insight into strategies, positioning and future developments to improve consumer service. (Wright, 2019) Infrastructure can be used as a covering term for manufacturing, construction, building and housing, energy management, and more. In this process, large-scale implementation can be observed. IoT has helped a lot in monitoring operations. He monitored urban and rural construction projects such as railroad tracks and bridges. Its implementation in the manufacturing sector has been helpful with the integration of devices that.