Internet of Things (IOT)is defined as the ever growing network of physical objects that feature an IP for internet connectivity and the communication that occurs between these objects and other devices- smart phone, tablets and systems that are internet enabled.
Evolving of Internet of Things is all about connecting machines and systems together via sensors and actuators, so that significant information from these systems can be collected and actions taken to enhance human productivity and efficiency.
IOT is setting up a definition of internet connectivity to a new level, the propagation of connected devices from around a billion plus today to over 50 billion in the next decade.
IOT promises its way to lessen the wastes, prices and the inconvenience while increasing efficiency, the biggest appeal of this innovation in technology trend is to lead environmentally cleaner, productive and better quality of life.
The Observations that Internet of Things encompasses people holds a no of transformative business and societal implications. The data/information flows that continually originate from people and devices can be combined and evaluated to create necessarily new types of products and services.
Connected devices – smartwatches, smart cars and smart fridges are popping up all over the place and multiple analysts have predicted that such devices to grow exponentially over the next few years.
Marketing and ecommerce firm Econsultancy recently released an IoT report and infographic, providing an overview of the current state of the industry, with some very interesting facts.
IOT will have a great impact our everyday life, some may be a remarkable other may be less evident.
- Energy Consumption
- Driving and traffic jams
- Turning your car
- Grocery Lists
- Our morning alarm
- Monitoring your baby
The Internet of Things is an environment in which objects, animals or people are provided with unique identifiers and the ability to transfer data over a network without requiring human to human or human to computer interaction. IOT has evolved from the convergence of wireless technologies, micro-electromechanical system and the internet.
The IOT can be person with a heart monitor implant, a farm animal with a biochip transponder, an automobile that has built in sensors to alert driver when the tire pressure is low, or any other natural man -made object that can be assigned an IP address and provided with the ability to transfer data over a network. So far, the Internet of Things has been most closely associated with machine-to-machine communication in manufacturing and power, oil and gas utilities. Products built with M2M communication capabilities are often referred to as being smart.
Why Internet of Things (IOT)?
Internet of Things is making our futuristic dream of science-fictional of using smart homes and offices, the freedom of living and working from anywhere irrespective of location a reality.
- Technologies to transport, store and process ‘big-data’ generated by IOT. It requires high computing power and distribution processing frameworks and storage along
with high speed networks that can be deployed on private data centers or on cloud based infrastructures.
- Capability to perform business and data analytics to give insights into the information received from the IOT environment.
- Emergence of mobile technologies and apps that provide instant access to data and actionable events to users via personal mobile devices
IOT is driving its way to futuristic smart world to reduce the wastes, increase efficiency,
and improve the quality of life. Near future can witness the development of low- bandwidth and power consuming devices, the cost of sensors and such connected devices will drop as
its usage will increase. IOT networks will become universal.