Abstract
The internet of things (IoT) is a system consisting of computing, mechanical, and electronic devices, which are having ability to transfer data in network without human interaction. The sensors used in IoT collect and transfer the data to the cloud, which is further processed using software to perform an action. The IoT is one of the fastest growing industries, and in recent years, it is most widely used in HVAC systems in residential and commercial applications to reduce the energy consumption as building consumes by approximately 40% of total energy. The IoT reduces the energy consumption of the building by optimizing the process variables of HVAC system components, increases life of system components, enhances the comfort of the occupants, and provides remote control of the system. However, there are challenges in data security and privacy, and also there is a lack of IoT platforms specifically oriented towards the proper processing, management, and analysis of such large and diverse data.
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