Internet of things can also be integrated with the Smart Grid, thereby enabling real-time energy optimization. Measurements, automated controls, plant optimization, health and safety management, and other functions are provided by a large number of networked sensors. The term industrial Internet of things (IIoT) is often encountered in the manufacturing industries, referring to the industrial subset of the IoT. IIoT in manufacturing could generate so much business value that it will eventually lead to the Fourth Industrial Revolution, so the so-called Industry 4.0. It is estimated that in the future, successful companies will be able to increase their revenue through Internet of things
LeMall LeMall LeMall.com, a subsidiary of LeEco (formerly known as Letv), is a fast-growing e-commerce platform, committed to providing its consumers with LeEco smart devices, ranging from TVs and smartphones to bikes and virtual reality headsets. Founded in November 2004 by Jia Yueting, LeEco is involved in several business areas, including Internet TV, film and video production and distribution, smart gadgets, big-screen applications and Internet-linked electric cars. LeEco comprises a number of subsidiaries including LeMall.com, Le Vision Pictures and Le Mobile. In 2014, LeEco aggregate sales amounted to approximately 1.6 billion USD. At the end of 2014 LeEco announced its Super