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The Internet of Things (IoT), which was once positioned as a niche technology for startups, is today a go-to technology for enterprises who desire to transform their future business. IoT has already altered the way both professionals work and common people live. However, there is a great deal ahead to explore on this scope. The global IoT market is predicted to be value $1.7 T at the end of 2019 and has a further perspective to generate $4 T to $11 T in financial benefit by the year 2025.
The key returns driver for 54 percent of enterprise IoT projects is savings on costs, and others include enhancements in productivity as well as on the whole work safety. It further lends a hand to understand consumer behavior and perk up their experiences. There are a number of ways in which IoT can benefit businesses. Here are the ways that IoT technologies could benefit your business, starting from customer services and experiences.
Not tech-savvy but want to choose an IoT application development company to build an app for your business? There is no cause for panic. Here’s the go-to guide for choosing the right Internet of Things development Company.
Why IoT Anyway?
Any device that can connect wirelessly to a network and has the ability to transmit data is called an IoT device. Laptops and mobile phones are common IoT devices. Other examples include IoT coffee machines, connected cars, home automation systems, CCTV cameras, and much more to follow. So, does IoT make your life easier? You bet!
In recent years, the transportation industry has turned out to be a 2nd largest segment investing in advanced technologies like the Internet of Things (IoT). As per estimations around $78 billion has been spent so far, and further money will be invested in transportation domains. Hence, huge investments will transform the ways we see public transportation, logistics, geo-fencing, vehicle health, and fleet management in the coming time. So the question arises, how will IoT affect and influence the transportation industry? Read on for some IoT use cases in the transportation industry.
Internet of Things is one of the most talked out technologies in recent time. The popularity and implementation of IoT in nearly 4 or 5 years now have turned out as a sorted out trend. These technologies have changed the way we look at the world and the way we communicate. Connecting so many things directly to our mobile or any other smart device and operating it with the help of cloud support is something that we have to implement and deploy for useful results.
IoT or the Internet of Things is basically a technology related to devices that are connected to the internet. IoT has already made a great bang on the environment we live in and our perception of devices around us. Billion-dollar enterprises are shaping their futures on the Internet of Things technology. Many mobile app developers in India are offering the world-class IoT mobile app development services, allowing businesses to utilize the power of this technology to resolve various complex issues effortlessly and deliver simpler solutions.
The IoT or Internet of Things is basically the interconnection or network of devices which contain software, sensors, electronics, connectivity and actuators that allow these things to connect, interact and exchange relevant data. IoT devices do not just include laptop, computers, and smartphones, but also the objects like home appliances, toys, home thermostat and various other objects that have been outfitted with chips to collect and communicate data over a network. This technology is evolving rapidly and making everything smart. Many businesses these days are opting for IoT mobile app development services by hiring the best IoT development company that can help them to save their time as well as money.
By the year 2025, it is estimated that there will be more than 21 billion IoT devices that are likely to change our lives in various fields in the following ways:
Technological developments in gadgets and applications have influenced our lives in various ways and wearable gadgets can be one of its types. The global market of Wearable devices is expected to grow around $830 million by 2020. One of the main reasons behind the immense popularity of these devices is the integration of IoT technology. IoT works in health care to create more beneficial and useful gadgets for mankind. It can be considered as the best example of technological development which influenced our lives.
This digital technology has brought various advantages in the health care industry. The system developed by the IoT development team has made it a more efficient and effective diagnosis of the patient by researching on the internal functionality of the human organ and to get the best drug supplement.
With the growing sector of technology, it has been always trying to explore something new which can enhance the quality of the services. The advent of IoT app development in application development has made it a more reliable and convenient way to build a network amongst the devices and to allow them to communicate with each other. The advanced technology is boosting this phenomenon to grow rapidly in the market and people are actually liking it.
Today, IoT can be used in all the necessary things required which includes your smart homes, cars, appliances, watches, etc. and mobile apps can be considered as one of the media to connect them with each other. IoT mobile app development brings new possibilities and can offer more opportunities and benefits. IoT app developers are increasing rapidly because of vast opportunities in this field.
When cold weather is on the way, it’s essential to get your home ready to help you and your family beat the impending chill and to avoid cold-weather damage.
Internet of Things (IoT) gadgets could help you make progress in those goals. Here are six tips to winterize your home with help from IoT tech, thereby transforming your home into a smart home.
It’s a good time for the Internet of Things (IoT). When the bells are ringing in the consumer sector, the numerous applications in the industrial sector become widespread, so it’s time to work on the development of the Industrial Internet of Things (IIoT).
IIoT is foundational to the concept of “Industry 4.0,” opening a new field of possibilities. We’re no longer talking about common connected devices that serve individual users; we’re talking about an industrial connectivity system that connects all the elements of the sector, such as machines, people, buildings, etc., to create a totally new paradigm.
Wearable IoT devices, namely smartwatches and fitness trackers, are the among the most conspicuous examples of Internet of Things (IoT) technology.
According to a recent IoT technology survey from Clutch, wearables are used primarily for singular functions such as checking the time and tracking exercise.
It may be that your exposure to augmented reality (AR) has been limited to searching for Pokemon while commuting or having a grand time putting dinosaurs on your furniture. However, the potential for AR innovations to alter the marketing world has been universally acknowledged as staggering. Recently, AdAge called AR a “trillion-dollar opportunity,” recognizing the seismic shift it portends.
How does the Internet of Things (or “IoT”) work? What is it? Why does it matter? In some ways, answering those ever-changing questions is the goal of IoT For All. Let’s dive into an easy-to-understand definition that won’t answer all of your questions but will at least give you a place to start asking the right questions!
To understand what’s special about the Internet of Things, and what makes it different from, say, the regular old internet, we need to understand where the Internet of Things fits into the history of telecommunications and modern technology.
In the current context of Industry 4.0, improving efficiency is key to compete in the market.
Thanks to the Internet of Things (IoT), companies can collect more and more data. What we do with this data is what allows us to create efficiencies and improve productivity.
Imagine a customer walks into your store. From the moment she enters, she gets information about products based on her personal tastes and the deals going on that day. She even receives special offers specifically catered to her individual preferences…all sent directly to her phone.
The Internet of Things (IoT) technology makes this vision possible.
Although podcasting has been around since 2003, the industry just recently started to see an increase in its popularity as consumer behavior changes. The term “binge-watching”, made popular by Netflix subscribers, has crossed into podcast territory. With the convenience of cell phones and the number of smart devices a household owns increasing, so too will the number of individuals who find themselves listening to podcasts on their commute to work and in their free time.
“The Internet of Things – a monstrous phenomenon to fathom. Be prepared to have your life disrupted, for the better or the worse…”
This radical disruption will impact you and the ones closest to you. Your safety, security, health, and convenience are all at stake. This post will give you an intro to IoT and help you take the rights steps to get a grip on the Internet of Things.
Here are the 9 major key s to IoT and a more connected you:
I work for an Internet of Things (IoT) software company, and “what is IoT?” is a question I’m asked all the time. Generally, overly technical answers to that question only produce more confusion and questions. In part to be able to have conversations about what I do for a living with family, friends and strangers, I’ve worked hard to boil the Internet of Things down to the simplest explanation possible that still does justice to the concept. Here’s everything you need to know about the internet of things.
The Internet of Things (IoT) is likely the next major stepping stone in the evolution of technology and culture. At first, we were disconnected groups. Then countries. Then telegraphs and next phones connected people across vast distances. Then the UN came around and united countries. The world changed with the dawn of the internet in the late 20th century.
The Internet of Things or IoT, we’re connecting all of the “things” that touch our everyday and professional lives through sensors and cloud computing. IoT promises to unlock the door to the next industrial revolution. IoT can seem like “magic” for two reasons:
In the past few years that I’ve spent in the IoT industry, helping to develop, deploy, and improve IoT solutions involving millions of sensors, I’ve learned that often the biggest hurdles to success aren’t technological. A Gartner study last year found that only 26 percent of surveyed companies were successful with their IoT initiatives. This is an abysmal statistic, but it doesn’t surprise me given the many I’ve personally seen—many of which are purely operational or organizational.
Still Don’t Know How an IoT Solution Actually Works?
I don’t blame you. Although a quick Google search will turn up lots of articles and posts explaining what the Internet of Things is and its many potential benefits, it isn’t made clear how IoT solutions actually works. As the Director of Projects at Leverege, I often find myself clarifying for those who are non-technical. So, as a non-technical person myself (at Brown I was a Philosophy major), below you’ll find a simple, non-technical explanation of how IoT solutions work.
There is an explosion in the amount of data being generated by digital devices. The traditional model of processing and storing all data in the cloud is becoming too costly and often too slow to meet the requirements of the end user. This is motivating a move towards an edge computing approach that facilitates the processing of device data closer to the source.
Kubernetes has become the de-facto standard container orchestration framework for cloud-native deployments. Development teams have turned to Kubernetes to support their migration to new microservices architectures and a DevOps culture for continuous integration and continuous deployment.
A key success factor for our development teams working on the Bosch IoT Suite has been the adoption of new infrastructure technology. One of these new technologies is Kubernetes, a popular open source project that has enabled us to meet the demands of IoT applications.
The EEBUS initiative unites 70 companies in a common goal: to bring order to the fragmented energy market. To achieve this, these companies are jointly creating an open standard for controlling and managing IoT devices – a common language, if you will, that ensures seamless interoperability. Wondering what applications of this common language look like in practice? Let’s take a look!
There is hardly a market more dynamic and complex as that relating to IoT platforms, where a huge number of providers are offering highly diverse options. It is almost impossible for buyers to find their way through the maze of information about what each provider offers, each of them also serving different customer requirements. Besides, the IoT platforms we see on the market today do not yet support each and every client need.
In an earlier blog post, we wrote about the diverse needs of food retailers when it comes to digitization and IoT. In our discussions with food retailers about the challenges of digitization, we gain insight into their ideas of how they can benefit from IoT. Together, we identify and evaluate use cases they plan to implement to increase customer satisfaction and cost efficiency. We are happy to share some of these insights here with you.
Even though the number of fatal road accidents in the European Union has fallen substantially over the last two decades, there were still almost 26,000 deaths due to road accidents in 2016. The European Commission has set itself the target of bringing this number down to close to zero by 2050.
From 0 to 10,000,000 in roughly 10 years: What better way to express a landmark achievement by an IoT company than in ones and zeros? In this case it is the number of devices that Bosch Software Innovations and its customers have connected to the Bosch IoT Suite to date, in more than 250 IoT projects around the world. This number went up by around 20 percent between 2018 and 2019 alone.
All IoT projects have similar requirements, including aspects such as live data communications, data management and analysis, device management, and user management. Certain IoT building blocks can be defined within these, such as digital twins, software updates, bulk data protocols, analytics, device management, identity management, authorization management, and edge computing.
In 2019, 700 developers competed in a broad variety of challenges at BCX19: ranging from Mobility and Manufacturing to Buildings and Utility Cross Domain and Social Impact. Bosch ConnectedExperience is an IoT hackathon that provides a forum for backend and frontend developers, product owners, product managers, UX experts, and innovators from Bosch customers, partners, and start-ups.
ATMs, Apple Watch, Fitbit, Self-driving cars and more are part of a list of devices using IoT is endless. The concept of IoT began years ago; we just didn’t use the term IoT. Kevin Ashton is credited with being the first to coin the phrase Internet of Things (IoT) in 1999.
The Internet Of Things (IoT) is any device having the ability to transmit and collect data over the internet without any human interaction.
ATM machines are one of the best examples — coming out in 1969 — they can give you a picture of the actual meaning. The ATM device is connected to the Internet 24/7 and displays personalized information on the screen which is collected from the internet.
A few years ago, experts were predicting that by now, every new home built would be a “smart home,” packed with smart devices as part of an integrated network of the internet-of-things (IoT). But there were several issues with IoT—at least as we conceived of it—that led to the concept declining. Contemporary experts are divided, with some claiming that IoT is “dead,” and others insisting that IoT here merely changed forms from what we originally expected.
So where does the truth lie? Is IoT really dead? And if so, what killed it?
According to Gartner forecast, there are 8.4 billion internet-connected IoT devices in use currently and most new business systems and business processes will incorporate IoT. Ericsson Mobility report predicts that the number of IoT connected devices will reach 28 billion marks globally by 2021 and it would surpass the number of mobile devices.
Cisco estimates endorses that point as they predict that there would be 3.4 connected devices per person by 2020. All these statistics shows why IoT is the hottest emerging technology and it has a bright future ahead. Even businesses have started taking IoT seriously and are looking to maximize their efficiency by using internet of things. We might see a significant increase in investments in the field of internet of things.
Once a wild frontier, the Internet of Things (IoT) has gone mainstream. Business scenarios once dreamed of have become a reality for companies of all types and sizes. And the momentum is just ramping up.
As things become more connected, here are five trends that are reshaping the IoT industry—all of which are addressed in our upcoming IoT in Action event series (more on that later).
From the manpower efforts to the digital technologies, Internet of Things (IoT) has changed the way we interact with the world around us. This means bringing new opportunities from every challenge and new risks to the most personal areas of our lives.
The real revolution in the digital industries of IoT is agriculture, city infrastructure, medical care and healthcare.
There are new IIoT technologies like equipment sensors and real-time analysis. These are are gradually growing digitally and changing the way digital industrial processes and efficiency move forward.
In the era of digital transformation, IoT is fostering the forthcoming revolution in mobile apps. It is changing the way companies used to provide mobile app development services. Similar to mobile apps, applications of IoT are also emerging in almost every verticles. IoT has helped thousands of corporates to deliver extraordinary customer experiences by providing technological enhancements to existing mobile apps.
Experts predict that IoT is going to become a more significant player in the mobile app development business than it is right now. Bain predicts that the market share of IoT is going to increase more than double in 2021 with a staggering $520 billion compared to 4 years back in 2017 with $235 billion. Shortly, IoT is going to drive the trends of mobile app development services providers used to follow. Below are the new trends we can expect in IoT enabled mobile apps.
Everyone has heard all of the terms such as blockchain, security, secure IoT data, cryptocurrency, etc. But the popularity of these technologies has been on the rise and will continue to be an issue in the future. But, how can blockchain help secure IoT data? Blockchain was earlier associated only with cryptocurrencies. Now blockchain technology is being used for many purposes.
The way data spreads across the chain (blockchain) is proving to be useful in many other ways. IoT or Internet of Things is a technology that allows all devices to communicate with each other — without the need for human intervention. This technology is used even in small gadgets like fitness trackers — up to more substantial uses — like driverless vehicles. We’ll take a look at how blockchain can help secure the data generated by IoT.
The Internet of Things (IoT) is growing at an unprecedented rate and can help businesses deliver new opportunities and be successful in the long run. The promise of a vibrant future that IoT holds can be deciphered from the following facts:
7 billion active IoT devices on a global level (IoT Analytics report)
The number of IoT devices that are active is expected to grow to 10 billion by 2020 and 22 billion by 2025. (IoT Analytics report)
By the end of 2021, the internet of things and is expected to be worth 520 billion U.S. dollars. (Statista)
Certain innovative IoT trends are already giving businesses the opportunity to digitally innovate itself. The Internet of Things has a lot to offer to help businesses gain the edge over competitors. If you’re a business wanting to leverage IoT to the core, you must know about everything that a Modern IoT platform should have in 2019.
Network monitoring specialist Paessler AG, based in Nuremberg, Germany, and IoT services and low power wide area network (LPWAN) connectivity provider Sigfox, based in Labege, France, announced a partnership agreement in October 2018. The agreement includes the delivery of Paessler’s PRTG Network Monitor for IoT solutions that will enable monitoring data from Sigfox-enabled IT infrastructure sensors and other devices equipped with Sigfox connectivity, which includes Sigfox’s dedicated network that combines its LPWAN and Sigfox Cloud services. Robin Duke-Woolley, the chief executive of Beecham Research, interviewed Martin Hodgson, the country manager for UK & Ireland at Paessler AG, to find out more about the company and its PRTG monitoring platform.
Online giants such as Google, Amazon and Facebook talk in terms of being webscale as if that is the largest possible market size that can be imagined. Yes, in comparison to traditional, physical markets, webscale is enormous. It certainly dwarfs the market for consumer connections such as cellphones or home internet connections which have a top end customer base limit of the world’s entire population of almost eight billion people.
When Jeremy Cowan, IoT Now’s editorial director & publisher, was asked to moderate and open the 7th IoT Forum CE (June 5th, Vienna, Austria) the brief for his presentation was “Industrial IoT: Where are we going?” By the time he’d finished drafting it, it had turned into “Where are we going wrong?” Here is his paper.
“When people come on stages like this, they generally tell you all about their successes. But I want to do something different. Today I want to talk about IoT failures.
With the increase of IoT devices, one needs solution to connect, collect, store, and analyse the device data. Amazon Web Services provides various services that helps connected devices to easily and securely interact with cloud applications and other devices for various user scenarios.
Migrating or designing Internet of Things (IoT) solutions on to AWS platform enables one to focus on core business without the hassle of infrastructure management and monitoring. This will ensure high availability to the customers. If the right AWS services are used for customer requirements, then IoT solutions will be able to deliver results in a more secured, reliable, and scalable manner, says Chandani Patel, Tech lead at Volansys Technologies.
Companies using or offering IoT-based products and services don’t want to be IoT network managers. Their focus is on digitally transforming their businesses, harnessing new capabilities and adopting new business models enabled by IoT. Time spent learning how to manage connectivity is a distraction that could also cause cost increases, delayed service introduction and lost competitive advantage.
Denmark has been covered with IoT connectivity thanks to a partnership between telecoms firm Teracom and LoRaWAN specialists Loriot.
The partners aim to enable IoT applications spanning a range of sectors including smart metering, smart farming, smart building, and smart city applications.
A new report has argued that while smart payment technologies have shown ‘substantial’ growth, ‘significant’ security concerns remain for consumers.
The study, from Transaction Network Services (TNS), evaluated US, UK and Australian consumer experiences with – and attitudes towards – smart payment technologies on IoT-based devices, including voice assistants, Wi-Fi refrigerators, and connected cars.
San Jose-based IT security firm Zscaler’s latest study has found that more than a thousand organisations around the world have more than one IoT device transferring data from the network to the internet through the company’s proprietary cloud platform.
The study, titled “IoT in the Enterprise: An Analysis of Traffic and Threats” and which analysed 56 million IoT device transactions to explore the traffic stemming from 270 different types of devices across the cloud platform for 30 days, included IP cameras, smart watches, printers, smart TVs, set top boxes, IP phones, medical devices, data collection terminals, and many other data transmitting devices.
A secondary school in Sheffield has created an IoT network to educate students about both the emerging technology and climate change.
Smart cities have the potential to help monitor things such as pollution and improve residents’ quality of life. It’s hoped the experience will help students in using IoT technologies in later life while instilling the need to reduce our environmental impact as a species.
Singapore-based engineering company ST Engineering has signed a partnership agreement with Nokia to work together on key technology areas like 5G and IoT and expand their business offerings to their customers in the public as well as private sectors.
Collaboration between the two companies will allow expansion of their joint solution portfolio and place them in a better position to pursue new business opportunities, which will eventually benefit customers by providing them with a more comprehensive set of technology and connectivity solutions.
Sierra Wireless has announced it has entered into a strategic collaboration with Microsoft to offer what is claimed to be one of the industry’s first full-stack Internet of Things (IoT) solutions.
Sierra’s new Octave edge data orchestration solution has been successfully connected with Microsoft’s Azure IoT Central, a software as a service (SaaS) offering that allows customers to build and deploy production-grade IoT applications in hours without any experience in cloud computing or requiring specialised skills. The solution will simplify and speed up the process of getting edge data to the cloud once it gets into production, allowing enterprises to realise the value of IoT for the world of Industry 4.0.
A new survey has found the majority of organisations - including those who have already implemented IoT projects - are still finding it difficult to undertand the business benefits of the technology.
The study, titled IoT Implementation Trends and put together by Longview IoT, suggested the enterprise organisations of all sizes and across all vertical industries need proper guidance and learning to realise more specific business results that IoT can help them achieve.
What happens to all that great technology development in the IoT (Internet of Things) when an open-source project is abandoned? There is no question that today open source is one of the top tech trends driving the world markets.
The core idea behind open source is that a group of people developing in tandem—that is, sharing their ideas, their code, their creativity, and their best practices with each other—can come up with better software solutions more quickly than any one individual working alone.
BI, or business intelligence, is changing, as a result of the IoT (Internet of Things). Data is a new kind of currency in today’s connected world, and it seems like just about everything we do in life and business generates data and it’s not just humans that are generating data. We are seeing all kinds of connected machines and smart devices generate unfathomable amounts of information every minute of every day.
The IoT (Internet of Things) is really growing. It is contributing the greater good. As one example, think about how the IoT is helping to create smarter cities. Smart cities contribute to a cleaner environment. They make it easier for people to get to work or school. And smart cities can support job creation and a healthy economy. IoT technology is also improving how we all get from point A to point B.
It’s fair to say the world’s economy is being altered as a result of startups that are discovering new and exciting ways to innovate with the IoT (Internet of Things) and digital transformation. We are seeing it every day in the form of new and exciting new products, processes, and business. In fact, who really knows what could happen when you work hard and put your mind to creating something truly special?
It’s 2019 and it’s time to delve right into the emerging technologies that are impacting the IoT (Internet of Things) in a big way: cybersecurity and legislation, 5G, and digital twins. But, more importantly, in this column, we will take a deeper look at some overarching trends that are being impacted in the IoT space.
The first big-picture trend that’s shaping the IoT is how this technology is being used to solve key societal issues. Clean drinking water is one example.
If connected devices are going to surpass 26 billion in 2019, many IoT (Internet of Things) thought leaders are questioning whether various bodies can come together to ensure the right cybersecurity systems are in place to achieve the necessary levels of security and privacy. Actually, when you think about all the “things” we are connecting to the internet today it’s a really great question. Perhaps even a better question is whether that number is going to explode even more looking farther out.
With the 600th episode, The Peggy Smedley Show has been an economic, cultural trends, and educational tech leader, partnering with a host of individuals, governments, and businesses to create positive results for more than a million listeners globally.
With a compendium of episodes, The Peggy Smedley Show has covered a plethora of topics in the world of digital disruption from the IoT (Internet of Things), AI (artificial intelligence) machine learning, big data, cybersecurity, blockchain, robotics, healthcare, and so much more in a variety of vertical markets.