The overall purpose of the paper is to provide an overview of the Internet of Things (IoT) to the information agencies (IA) such as libraries, archives, museums etc. The paper involved literature survey of selected academic and research IA in public and private chartered institutions. It examined that development of IoT has invented smart technologies that are not only fundamental but also very powerful business tools and devices applied in IA notably to the information services. In this paper, the author has summarized tangible IoT technologies which are helpful to IA to understand IoT business and highlighted the pros and challenges of Internet of Things (IoT).