What is an IoT ecosystem?

Question :

What is an IoT ecosystem?

IoT ecosystem is like a community that consists of data and monetary flows that helps in connecting enterprises and vendors together. This new chain of development is the best way to connect companies together. Even in future, the companies will be offering the IoT ecosystem similar to risk management and cyber security.
The IoT ecosystem includes all those technologies that enable consumers, businesses, and governments to connect, control and derive value from their connected objects in diverse environments, including manufacturing, agriculture, transportation, smart cities, construction, oil, and gas.