Customers are engaging with more connected devices than ever before—they’re getting around on smart electric scooters, slyly reading text messages on Apple Watches during meetings, and telling Amazon Alexa which Cardi B song to play next—all of which is part of a phenomenon known as the Internet of Things (IoT). And, this is only the tip of the hyper-connected iceberg. The International Data Corporation (IDC) estimates that there will be 41.6 billion connected devices in 2025.

With the whole world flocking towards IoT market, businesses are rushing themselves to produce more and more smart devices. Even though its first foundation was laid in the late 1980s by students from Carnegie Mellon University, the actual boom began when the thought model for future interconnection environment was proposed, in 2004.