I have used STS and now I am using IntelliJ Ultimate Edition but I am still getting the same output. My controller is not getting mapped thus showing 404 error. I am completely new to Spring Framework.
DemoApplication.java
package com.webservice.demo;
import org.springframework.boot.SpringApplication;
import org.springframework.boot.autoconfigure.SpringBootApplication;
import org.springframework.context.annotation.ComponentScan;
@SpringBootApplication
public class DemoApplication {
    public static void main(String[] args) {
        SpringApplication.run(DemoApplication.class, args);
    }
}
HelloController.java
package com.webservice.demo;
import org.springframework.web.bind.annotation.RequestMapping;
import org.springframework.web.bind.annotation.RestController;
@RestController
public class HelloController {
    @RequestMapping("/hello")
    public String sayHello(){
        return "Hey";
    }
}
Console Output
com.webservice.demo.DemoApplication      : Starting DemoApplication on XFT000159365001 with PID 11708 (started by Mayank Khursija in C:\Users\Mayank Khursija\IdeaProjects\demo)
    2017-07-19 12:59:46.150  INFO 11708 --- [           main] com.webservice.demo.DemoApplication      : No active profile set, falling back to default profiles: default
    2017-07-19 12:59:46.218  INFO 11708 --- [           main] ationConfigEmbeddedWebApplicationContext : Refreshing org.springframework.boot.context.embedded.AnnotationConfigEmbeddedWebApplicationContext@238e3f: startup date [Wed Jul 19 12:59:46 IST 2017]; root of context hierarchy
    2017-07-19 12:59:47.821  INFO 11708 --- [           main] s.b.c.e.t.TomcatEmbeddedServletContainer : Tomcat initialized with port(s): 8211 (http)
    2017-07-19 12:59:47.832  INFO 11708 --- [           main] o.apache.catalina.core.StandardService   : Starting service [Tomcat]
    2017-07-19 12:59:47.832  INFO 11708 --- [           main] org.apache.catalina.core.StandardEngine  : Starting Servlet Engine: Apache Tomcat/8.5.15
    2017-07-19 12:59:47.944  INFO 11708 --- [ost-startStop-1] o.a.c.c.C.[Tomcat].[localhost].[/]       : Initializing Spring embedded WebApplicationContext
    2017-07-19 12:59:47.944  INFO 11708 --- [ost-startStop-1] o.s.web.context.ContextLoader            : Root WebApplicationContext: initialization completed in 1728 ms
    2017-07-19 12:59:47.987  INFO 11708 --- [ost-startStop-1] o.s.b.w.servlet.FilterRegistrationBean   : Mapping filter: 'characterEncodingFilter' to: [/*]
    2017-07-19 12:59:48.510  INFO 11708 --- [           main] o.s.j.e.a.AnnotationMBeanExporter        : Registering beans for JMX exposure on startup
    2017-07-19 12:59:48.519  INFO 11708 --- [           main] o.s.c.support.DefaultLifecycleProcessor  : Starting beans in phase 0
    2017-07-19 12:59:48.634  INFO 11708 --- [           main] s.b.c.e.t.TomcatEmbeddedServletContainer : Tomcat started on port(s): 8211 (http)
    2017-07-19 12:59:48.638  INFO 11708 --- [           main] com.webservice.demo.DemoApplication      : Started DemoApplication in 2.869 seconds (JVM running for 3.44)