Posted by Multicore Technologies 25th July 2017
There is absolutely no doubt that the Internet of things (IoT) has already taken hold of almost every element of our lives. Estimated to surpass more than 20 million connected devices by the year 2020, the steady stream of information these devices are offering can be easily crowded and clog your way of living if you are not prepared.
Because smartphones that are filled with connected devices are completely loaded with endless possibilities to change the way we live - Easier and more comfortable. Let's imagine that you are on your way to your home on a cold winter day. But rather than turning the electric heater on when you get home and wait for the room to heat, you can simply use your smartphone when you are just 10 or 15 minutes away from your home to tell your smart thermostat to higher the temperature.
Another instance, let's say you are preparing lunch and you ask Alexa, the voice assistant on the Amazon Echo, to read you today's top stories in the news feed so that you can peacefully focus on preparing lunch for your family.
There is certainly no shortage of opportunities for smart home IoT devices, and home automation indeed looks to be the next wave in the emerging technologies on how smart home automation is transforming our lives for a better tomorrow.
According to Gartner Inc, the number of connected things is expected to reach nearly 25 billion by the year 2020. This number includes all kinds of smart home appliances (air conditioners refrigerators et cetera), smart home security systems (Sensors), and smart home energy equipment such as smart thermostats and smart lighting.
Above anything else, the foremost important advantage that smart homes give us is the convenience, since more connected devices can manage small to big operations and ultimately lets us focus on other activities.
IoT plays an important part in communication. IoT assists in transmitting data to people and systems. It can forecast the status and the health of the equipment. For instance, an organization can track their assets via GPS enabled devices. Those assets can track the present location and the status of movement of products and people within the company.
IoT lets the companies control and automate the devices. A company or customer can control a device even from a remote location. And the best part about IoT enabled assets is that any device can be turned off or on from anywhere.
IoT gives the advantage to companies and homes to a great extent. Businesses can save a lot of revenue by reducing equipment failure. With the help of sensor information such as actual performance data and equipment health driving behavior and speed, organizations can run planned maintenance, minimize fuel costs, and wear and tear on consumables.
Currently, IoT is being utilized greatly in various industries right from Healthcare and Agriculture to Transportation. The concept of IoT is also being utilized to build smart cities where it can assist us in minimizing waste and save more energy. IoT is utilized on a wide scale in manufacturing to handle tools machine and people. In the agriculture industry, IoT assets in enhancing production, efficiency and to track the health of the herds.
Albeit good conversations about IoT are happening in every corner of the industry, security is becoming an emerging issue for IoT devices. However, the way it is spreading its wings in every industry, soon we will witness each and every device that is connected and IoT will revolve everywhere. IoT certainly will bring a paradigm shift Which gives a new beginning office of opportunity for everyone and that includes customer, companies, cities, and government.