Internet of Things (IoT): Making the Tomorrow’s Vision Achievable Today
IoT is set to transform our lives—a trite statement due to its overuse! Call it hype or a certain fact; there is surely a buzz about IoTs and its disruptive capabilities in the age of innovation. With the least spec of doubt, we can say that the Internet has changed the affairs of our existence, right from the enterprise business to the socio-economic landscape. What are its implications for the future? How will IoT play its part in the mix? Will the visions for tomorrow come true? What if I say that IoT can make the visions of tomorrow achievable today? You will naturally ask how? Let us find the answer systematically.
As per IDC, the spending on IoT all over the world is estimated to reach $772.5 billion in 2018 from $674 billion that was in 2017, a significant increase of 14.6%.
Defining Internet of Things (IoT)
The Internet of Things more popularly known as IoT and oftentimes referred to as the Internet of Everything (IoE), is a network of entities (or objects) with sensors, actuators and connectivity to exchange data so as to achieve better productivity, customer satisfaction, and augment humans to make them more powerful. As an example, a sensor can be connected to a commercial printer which checks if the toner in the printer has reached the bottom which will then automatically notify the service person. The service person then will pro-actively come to the printer location and fill the toner. This ensures that there is no service down time and ultimately at the end results in better customer satisfaction.
According to Ericsson, by the end of 2018, the number of IoT connected devices will surpass the number of mobile devices, all over the world.
Another Significant Example
Farmers have to travel miles and miles to turn the motors on and off for the sake of irrigation. The irregular power supply makes it even worse for the farmers. Devices enabled with IoT allow farmers to turn the motors on and off by making a simple missed call. These devices, however, are costly enough to make them affordable for the farmers to install and operate them. A little support from the government and private bodies can revolutionize the life of farmers, ultimately enhancing the country’s grain reserves. Read more about (IoT) and Agriculture Industry.
3 Factors Augmenting the Prevalence of IoTs
The applications of IoT are unlimited with imagination being the only limit. Several companies involved in the internet of things are investing into the IoT cloud platform. IoT or the connected IoT devices, as we call them, have been there for some time. But, three factors are making the IoT more and more prevalent.
- The first is that the iot sensors are getting cheaper, smaller and consuming less energy day-by-day. This allows for the sensors to be embedded in different scenarios even where the space, power supply and cost are constraints. For instance, an Ultrasonic Distance Measuring Sensor consumes very less energy and detects whether any obstacle is in front of it. This sensor allows for the creation of an autonomous robot which wanders on its own.
- The second is the ubiquitous Internet. Now it’s possible to have a high speed Internet on the move and also up in the sky on a flight. Not only it is available everywhere, but is also getting cheaper and faster on a regular basis. This allows the data collected by the sensors to be sent to a centralized location for further processing.
- The third and the final aspect, is the Big Data, which allows the huge amounts of data generated by the sensors to be stored and processed in a cost effective way. Free and open source software like HBase, Cassandra, and Mongo etc are definitely helping IoT to store huge amounts of data.
By 2020, Bain estimates the annual revenues to exceed to $450 billion for IoT vendors selling software, hardware, and comprehensive solutions.
IoT Certification with TACT
The IoT technology is enlarging consistently and enhancing not only our lifestyle, but also the business efficiency. The predictions and forecasts for the future suggest IoT to gain significant momentum in the near future. These visions will be achieved when the workforce will be skilled enough to design, develop and implement IoT solutions for every sector that is expected to be influenced by the IoT wave. In such a scenario, competency training and certification can take individuals to a great distance on the path towards a bright future. CollaberaTACT.com has made an excellent name for itself by being the 1st amongst the Top 10 online training institutions for internet of things course. Our training can make you geared up as a certified internet of things specialist to successfully combat the challenges awaiting the successful incorporation of IoT into every sphere of our lives that will make the visions of tomorrow achievable today.