“If You think That the internet has changed your life, think again. The IoT is about to change it all over again!” Brendan O’Brien, Co-Founder_Aria Systems.
The Internet of Things or (IoT) is like a global infrastructure for the information society, which provides advanced services by interconnecting objects (physical or virtual) using interoperable information and communication technologies existing or evolving. For the Union, by harnessing the capabilities of identification, data entry, processing, and communication, the IoT takes full advantage of objects to provide services to all kinds of applications, while ensuring compliance with requirements security and confidentiality. Finally, she notes that, from a broader perspective, IoT can be seen as a concept with repercussions on technology and society.
The IoT is, therefore, a network of networks which allows, via standardized and unified electronic identification systems and wireless mobile devices, to directly and unambiguously identify digital entities and physical objects and thus to be able to retrieve, store, transfer, and process, without discontinuity between the physical and virtual worlds, the related data.
The History of the Internet of Things
The idea of devices exchanging information without human appeared not long ago. Full automation of data transmission was discussed in the late ’70s. At that time this approach was considered as “pervasive computing”. It took several decades for technologies’ development to start talking about the Internet of Things.
In the second half of the nineties, Briton Kevin Ashton worked for Procter and Gamble enterprise and was engaged in the production process optimization. He noticed that optimization directly depends on the speed of transmission and processing of data. It can take days for people who collect the data. The use of Radio Frequency Identification (RFID) has allowed accelerating the process of data transfer directly between devices. He had an idea of things to be collected, processed, and transmitted with no human involvement. He decided to call it the “Internet of Things” and became a visionary at that time.
It took almost a decade for the “Internet of Things” term to become commonly used in everyday life. Together with artificial intelligence, IoT has become a cutting edge in the development of information technology. So, in 2008 IPSO Alliance created an alliance of companies that supported the development of the Internet of Things technologies. It has become a signal for large corporations.
In the summer of 2010, it became known that the Google StreetView service, not only showing panoramic photos but is also able to collect data on the use of Wi-Fi networks. Experts talked about the development of a new protocol for data transmission, which will allow the exchange of data between devices. In the same year, China announced that it plans to include the Internet on the list of priority research areas for the next five years. It became clear that not only large corporations but also the government were interested in collecting, processing, and storing data. In 2011, Gartner, a market research firm, has included IoT in its list of the most promising emerging technologies.
Internet of Things conquered the world. In 2012, the largest European Internet conference LeWeb was devoted to this topic Forbes, Fast Company, and Wired magazines began to use the term actively. The whole world started to discuss the Internet of Things while the companies launched the Internet of the Things technology race. In 2013, IDC published a study that predicted the growth of the IoT market by 2020 to $ 8.9 trillion.
In January 2014, Google bought a $ 3.2 million Nest company that developed smart home appliances and building management systems. Since then the world market fully understood that the nearest future belongs to the Internet of Things. In the same year, the most significant American Consumer Electronics Show was held in Las Vegas under the Internet of Things heading. So the era of IoT began.
TOP INTERNET-OF-THINGS (IoT) EXAMPLES TO KNOW
- Connected appliances.
- Smart home security systems.
- Autonomous farming equipment.
- Wearable health monitors.
- Smart factory equipment.
- Wireless inventory trackers.
- Ultra-high-speed wireless internet.
- Biometric cybersecurity scanners.
- The shipping container and logistics tracking.
Former Google and Alphabet executive chairman Eric Schmidt made this bold IoT prediction: “The Internet will disappear. There will be so many IP addresses, so many devices, sensors, things that you are wearing, things that you are interacting with, that you won’t even sense it. It will be part of your presence all the time.”
We’re not there yet, but we could be soon — or soon-ish. In the meantime, check out these real-life Internet of Things examples and the companies behind them.
Importance of IoT
Importance of Internet of Thing Technology.
IoT is regarded as a significant frontier that can improve almost all activities in our lives. Most of the devices, which have not previously been connected to the internet, can be networked and respond the same way as smart devices. By 2020, the world is set to be completely IoT oriented. Here are the benefits, which come with this technology.
- IoT promotes efficient resource utilization.
- It minimizes human efforts in many life aspects.
- Enabling IoT will reduce the cost of production and maximizing the returns.
- It makes analytics decisions faster and accurately.
- It boosts the real-time marketing of products.
- Provide a better client experience.
- It guarantees high-quality data and secured processing.
Considering the complex ecosystem of IoT, there is a need of underlining the competitive advantage of IoT and the stakeholders enabling the users to continue being in complete control of safely sharing their data and depend as much as they can on their content. Never miss the press release event on enabling the internet of things technology, which will be held come 16–18 OCTOBER 2018 in Barcelona.
Technology is now part of our lives, it is reinventing the fun of every activity and the internet of things takes a significant share in making it possible. Whether you are a technology lover or not, it is indeed benefiting everyone, meanwhile, from 16 October 2018, Barcelona is the place to be.
The IoT is the Most Disruptive Technology of Our Lives
IoT is creating a number of changes in our lives. It is connecting millions of devices that were previously isolated. This is exponentially increasing the value of big data and streamlining many everyday tasks.
After all, IoT is all about unifying the physical and virtual realms to create a better, smart ecosystem.
IoT is still at an evolving stage and will keep growing into a complex network. The digital world is as it is intricate in nature and the addition of more and more devices to the IoT infrastructure is going to make it more of a dense intertwined mesh in itself, which will bring in new challenges for developers. However, while these challenges will be addressed by experts, consumers as well as industries can get the most out of the IoT at large.
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