Internet of Things IoT is the third wave of economy after the first and second being agriculture and industry respectively paving the way for the fourth industrial revolution IR IoT is a combination of all the revolutionary technologies in the last two centuries More than a billion of smart devices have been developed across the world by more than vendors to satisfy billions of needs that are trusted by of economic actors This study describes design and implementation of IoT architectures stressing on scalability integration and interoperability of heterogeneous IoT systems It gives answers toi how systems can be designed to become easily configurable and customizable for a specific IoT infrastructure And ii how Investors producers and consumers can be integrated on the same page of an IoT platform We have developed a master database and directories from top chart IoT nomenclature frameworks vendors devices platforms and architectures and gathered data from big online resources commonly used by Forbes Business week and CNBC Also datasheets of IoT equipment by vendors e g Intel IBM ARM Microchip Schneider and CISCO used tools e g Lab center Proteus AutoCAD and Excel and platforms e g Visual Studio Eclipse are combined to build directories of plethora of data The main outcome of this work culminates in providing a seamless solution and recommendations for various infrastructures hardware and software for effective and integrated resource utilization and management in an IoT perspective