Methods and systems for managing health of devices in an Internet of Things (IoT) environment. A method includes detecting an occurrence of at least one event on a device of a plurality of devices and determining a change in ambience in the device. The method also includes detecting at least one anomaly in the device if the determined change in the ambience of the at least one device does not satisfy threshold criteria determined for the at least one event. The method further includes determining at least one root cause for the at least one anomaly detected in the device.