Wednesday 6 September 2017

Internet of Things: Transforming the world at a click of a button

Internet of things

The Internet of Things has the potential to change the world, just as the internet did. Maybe even more so.” ~ Kevin Ashton

With the aim of computerizing the everyday objects and devices, the Internet of Things (IoT) is all set to give yet another Eureka moment to the world. The in-home automated and eco-friendly devices are expected to harness the everyday life of the Internet-driven age by saving time, energy consumption and even money.

What exactly is Internet of things?

Talking in a layman language and from the prospect of a consumer, an IoT development project is an advanced technology and ecosystem that allow the physical objects to communicate with each other, collect and exchange data. The entire network of objects such as vehicles, buildings and other items are embedded with electronics, software, sensors, actuators and network connectivity.

The whole concept can be summed up by saying, "The Internet of Things refers to the ever-growing network of physical objects that feature an IP address for internet connectivity, and the communication that occurs between these objects and other Internet-enabled devices and systems. ‘Things’ in IoT may refer to a wide range of devices like wearables, connected home devices, circuit design, GPS programming, 3D design, and even the humans."

History of IOT

History of IoT

As per Wikipedia, the vision of IoT was first discussed in the year 1982 with a modified Coke machine at Carnegie Mellon University that become the first Internet-connected appliance. The very concept of integration and automation of the home appliance has seen a lot of innovation since then. However, the Internet of Things gained popularity in the year 1999.  With the introduction of Auto-ID Center at MIT and related market-analysis publications, Radio-frequency identification (RFID) was seen as a prerequisite for the Internet of things by Kevin Ashton. 

The vision of IoT witnessed major evolution in the year 2016 with the convergence of technologies such as wireless communication, real-time analytics, machine learning, commodity sensors, and embedded systems. In short, the fields of embedded systems, wireless sensor networks, control systems, automation have the major contribution in enabling the Internet of things (IoT).

IOT development the future

Why is IoT development the future?

The entire concept of IoT development is not just aimed at making the lives of people easier. It can make the entire issue with access control, vulnerability management, patching, monitoring, etc. a cinch. 

An article published by Kevin Ashton in the RFID Journal in 1999 said, "If we had computers that knew everything there was to know about things - using data they gathered without any help from us - we would be able to track and count everything, and greatly reduce waste, loss and cost. We would know when things needed replacing, repairing or recalling, and whether they were fresh or past their best. We need to empower computers with their own means of gathering information, so they can see, hear and smell the world for themselves, in all its random glory."

IOT development platform

IoT Development Platform

These devices basically hinge on embedded programming that includes both software and hardware angles. You need to have a platform in order to launch the product. The Arduino platform is one of the most used platforms for creating interactive IoT devices. It offers an integrated development environment (IDE) that includes physical board processor, shields with individual libraries of C code for compilation and uploading codes.

Future scope of IOT

The future scope of IoT

The technology features the “always-on” concept whose growth is expected to span across business and consumers. Listed below are some of the moderate expectation of the scope of IoT. 
  • As per an extensive forecast by Cisco Systems, the IoT market is expected to project by 50 billion units by the year 2020.
  • Even the revenue is expected to grow to $7.1 trillion in 2020.
  • The businesses are expected to show the strongest gains. While consumer growth and adoption will be lower initially. 
  • The Internet of Things marketplace is expected to see increased adoption and revenue growth through the year 2020. 

Final words

Just like any innovation, IoT is expected to bring both beneficial and destructive elements. Such technologies will require a change in the mindset of the consumers, in particular. However, with the flamboyance of "smart world", the dust of Internet of Things that started a few years back is now showing a specific pattern of development. This will continue to foster the vision of having a technology-driven lifestyle in the future. For IoT services and updates, stay tuned with Velsof.com.

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