The internet of things (IoT) is a network of interconnected devices embedded with sensors, software, network connectivity and other electronics that enables them to collect and exchange data making them responsive. Open standards for IoT devices are reportedly lacking. However, some major players in the IoT industry have introduced their own IoT platforms.

a) Identify and describe any FIVE (5) major IoT platforms available on the Internet.

b) What are the main implications of the massive amounts of data being generated by IoT devices?