Internet of Things (IOT) refers to the network of interconnected everyday objects. It is viewed as a self-configuring wireless network of sensors or objects whose purpose would be to interconnect all things. The IOT allows everyday objects embedded with electronic hardware and software to be controlled or sensed through a network remotely. Initially development towards the Internet of Things had been focused on the combination of Auto-ID and networked infrastructures in business to business logistics and product life-cycle applications. Thus, the future of Internet of Things can provide a broader vision, enable everyone to access locations, things and contribute rich information about the surroundings, things and locations. The social network’s success of sharing experience and personalised insights shows great potential for integration with business-centric applications. This paper presents a recap on Internet of Things (IoT), its architecture, benefits, limitations and applications.