Programmatic Commerce and network connectivity that enables these objects to collect and exchange data. When IoT is augmented with sensors and actuators, the technology becomes an instance of the more general class of cyber-physical systems, which also encompasses technologies such as smart grids, smart homes, intelligent transportation and smart cities. Each thing is uniquely identifiable through its embedded computing system but is able to interoperate within the existing Internet infrastructure. Experts predict that in the five-year span between 2015 and 2020, the Internet of Things will grow faster than any other category of connected devices. The number of machine-to-machine connections should grow
Smart grid in China authorities a strong and robust smart grid market would total $20 billion annually by 2015. Rolling out Ultra-High Voltage (UHV) transmission systems would account for more than 60% of that market, while smart meters and wind power connectivity could reach $2 billion and $800 million annually respectively. SGCC has implemented these smart grid technologies in areas such as Liangjiang, with the project there passing inspection in Q3 of 2014. It currently comprises one 220 kV substation and seven 110 kV substations. SGCC also launched the first UHV power grid in Tianjin in November 2014. The project calls for 290 transmission