The IOT is not a new born. IOT was established since long time ago. The IOT has now changed many things and useful to us in many ways such as smart home, wearable devices, and the connected automobile, IOT has begun to become part of the popular parlance.
The market is endless. It’s exciting. In 10 years, anything that needs to be connected will have the ability to be present on the internet.
Now also there is lot of things to do with IOT. In the coming years, IOT will look completely different than it does today. The future generation of IOT is bright and want us to make your future innovative through it.
Mainly, IOT will be used in three sectors in future
There is little disbelief that Internet of Things revolution is difficult, but it will fundamentally change the way people interact with different devices. Still, for the last several years, most of the focus has been on the consumer market, with questions raised about the feasibility of low-level IOT devices such as Google’s Nest smart thermostat and other basic house wares.
Creating a smarter world. Companies not working in silos. Open to other partners, providers and vendors to promote the sharing of information, automation and best practices.
At the MWC show, Niall Murphy, founder and CEO of Evrythng, an IOT cloud platform that connects consumer products to the Web and manages real-time data to drive applications, talked about how the 3.5 trillion products that are manufactured every year are becoming more and more digital. When it comes to future IOT, he estimates that there will be about one trillion of these connected products by 2020.
In his view, Murphy believes that businesses should not only focus on how things get connected, but also on how things become connectable.
“Smart does not mean that something is connected — or if something is connected, it doesn’t mean it is smart. Something becomes smart when it is connectable,” he explained.
The Internet of Things in 2020 for enterprise:
- Privacy takes center stage as multitude of “things” become sources of data; new pay-for-privacy model emerges that protects data and allow consumers control over their data.
- Intervention applications materialize as the advent of smart sensors and advanced analytics enable IOT applications to move beyond just monitoring.
- Standardization of IOT objects, sensors, systems and processes begin as large players in the industrial internet marketplace converge to evolve industry standards.
We will continue to see the evolution of personal devices – glasses, watches, personal devices, home devices. The applications of IOT with home application is wide. Hardware will connect everything.
The common used in our home is kitchen. Kitchen includes electricity application, water suppliers and many more. Just, save water by tracking usage, turn on and off using voice commands, and recycle wastewater to be re-circulated for other uses in your home. And how easy it become when you have inventory control and temperature gauges for safety and stock, recipe creations using the items inside, and health management using fingerprint touch ID technology to track food consumption.
IOT will provide you sensible home application. Personalized recommendations and experiences are possible using voice commands and fingerprint touch identification in electrical application such as television, Ac, Fans, Lights, Set-top box. IOT will provide the functionality of controlling the windows and door of your house by remote.
In future IOT will provide you the security and safety. You can have monitor sensor, security sensors, security and alarm at your place so that you will be protected.
As the size and cost of sensors and communication technologies continue to decline, the “Internet of Things” (IOT) grows by leaps and bounds. In 2020, more than 30 billion devices will be connected to the Internet. Businesses and governments struggle to integrate this evolving technology, using analytics to examine insights from the treasure trove of data that improve delivery models in health care, transportation, security and defense, infrastructure management and many other areas. The exponential growth of the IOT proves to be a regulatory headache, forcing governments to keep pace with the ever-changing technology.
The Internet of Things has vast implications for government institutions from city hall to international governing bodies. Tens of billions of physical devices are expected to join the global network by the end of the decade, providing a number of concerns and opportunities for planners, policymakers and regulators.
A Cisco whitepaper indicated that the IOT is ready to generate $4.6 trillion in Value at Stake for the public sector over the next decade (compared with $14.4 trillion for the private sector), with the five primary drivers being:
- Employee productivity
- Connected militarized defense
- Cost reduction
- Citizen experience
- Increased revenue