The Internet of Things (IoT) has triggered a transformation in the way we live and work. Its impact on citizens, organizations, and governments has been overwhelmingly positive. Moreover, businesses around the globe are leveraging IoT platforms to enhance their services like Cox gigablast. This not only makes the service efficient but also convenient for the users.
The Internet of Things (IoT) involves the use of smart devices to transfer data. This is a back-and-forth procedure between web-enabled systems and their environments. IoT enables the linking of everyday items like appliances to the Internet ecosystem through wired and wireless communications. It does not require human-to-machine or human-to-human interaction.
The IoT as a concept has been around since the seventies and eighties. It has been called “pervasive computing” or “embedded internet”. One of the earliest practical demonstrations of IoT took place in the early eighties and involved a Coca-Cola refrigerator. Workers would connect the appliance and the Internet to monitor the availability of the drink and its temperature.
But the Internet of Things as a term came into existence in 1999. The coiner was Kevin Ashton, who at the time was working at Procter & Gamble (P&G) as an assistant brand manager. At one point, Ashton had to deliver a presentation on the breakthrough Radio Frequency Identification (RFID) technology. He named his demonstration “Internet of Things”.
The IoT involves the use of systems to connect the Internet to the physical world. These utilities include communication tools, sensors, and processors. These tools are designed to act on data relayed from physical objects. The web-enabled smart devices are connected to a gateway. The data transmitted is either analyzed through local means or by the cloud.
Oftentimes, the devices follow the instructions delivered to them from their environments or other related devices. The tasks they perform do not require human intervention for the most part. Human-device interaction, however, does take place. This usually happens when we provide instructions or have to access the data.
The communication, networking, and connectivity channels make use of specific applications to collect and transmit data. The data collection process can also be regulated through machine learning and artificial learning for added convenience.
The data in an IoT system goes through three stages. The first one is the collection stage, followed by transfer and analysis. IoT devices like sensors, antennas, and microcontrollers. The IoT gateway or hub is responsible for collating and transferring the data. Web-enabled devices like smartphones, appliances, as well as back-end systems analyze the data and take action on it.
The Internet of Things is continuing to transform our lives. It has provided added impetus to automation and smart management. It has allowed homeowners to gain complete control over connected appliances like refrigerators, washing machines, etc. The democratization of technology has prompted people to incorporate IoT systems into their homes. Smart lighting and security systems are popular examples of IoT systems.
Businesses, on the other hand, are leveraging IoT to automate their operations as well as reduce costs. Using IoT can provide great insights into efficient management. It allows companies to monitor the performance of their equipment as well as manage logistics and supply chain operations. Other benefits include improved service delivery and waste management, lower manufacturing costs, and greater transparency into business transactions.
The automation industry can use IoT devices to monitor the safety of their vehicles. Many manufacturers are relying on said technology to improve the productivity of their vehicles. IoT can help manufacturers develop fuel-efficient cars and reduce maintenance costs. It can also help companies set speeding standards for their vehicles.
Healthcare is another industry that’s greatly benefitting from the Internet of Things. Technological advancements are paving way for medics to monitor the health of their patients effectively. For example, web-enabled cardiac devices allow health workers to monitor the heart rate of patients. Moreover, insulin can be transmitted with the help of an external pump in case of emergencies.
The IoT ecosystem is thriving with technological advancements. We are living in an age dominated by smart devices. IoT has facilitated real-time data extraction and monitoring and its usage would continue to increase. Analysts have predicted that the year 2021 will see the installation of 35 billion IoT devices around the world. Similarly, the number of connected devices is projected to reach 46 billion this year. Furthermore, the number of IoT subscribers is expected to reach 1.3 billion within the next two years.
The numbers provide a glimpse of the massive size of the IoT ecosystem. Its market share is continuing to grow exponentially. The time isn’t far when the Internet of Things (IoT) will be in every household.