IoT: Giving a new dimension to the world of internet
There are billions of devices round the world with a huge amount of data stored and transferred using long tedious methods. Now all the devices available can be interconnected for data collection, storage, and inter communication between devices, all this is possible with the emergence of Internet of Things. This technology has a potential to connect all the devices using small computer chip and wireless networks. IoT also facilitate us to add sensors to the devices so as to enable the device to communicate and share its real time position with other devices without any manual assistance. This technology is bringing a perfect balance between the digital and physical world by connecting it together and serving us more efficient and responsive future to work with.
Real world devices working on IoT:
Now we are enjoying a world which has power to switch on and off and change the functionalities of devices using your smartphone apps, this all is the miracle of IoT that enables your devices to connect with your smart phone using internet.
Amazing developments in the sector of IoT
We are living in a world where every single thing, every single person is dependent on technology and is also transforming our lives at a great pace. Each morning of a human rises with a technological device which guides us, teach us, and also help us for our rest of the day. Almost credit of this technological growth goes to the internet which has made connectivity seamless and easier. An idea of creating global village has achieved with the help of internet and advancements which are made with the help of internet. In short we describe these advancements then the sector is renowned as Internet of Things. There are number of technologies which support IoT for its development.
Edge computing on the emergent: Edge computing is one of the most prominent developments in the sector of IoT. In the previous days data were transferred to cloud in the raw form from various devices but with the rapidly changing world and its requirement, IoT is transforming edge computing too.
IoT: A revolution in the automobile industry
Internet of Things, more commonly familiar as IoT has already established its footprints in various business industries, but the adventures it has made in the automobile sector is almost unbelievable. In the past years we have automobiles with a combination of mechanical and electronics engineering. Upcoming years will add several facilities to your existing automobile by incorporating IoT in it. It is estimated that in future there will be much more demands of software incorporated in the vehicles and most of the revenue will be generate with it. IoT will be completely changing the automobiles sector with its uses also. There are several benefits of IoT incorporation with automobiles; few of those are discussed here.
Connected cars are going to be a game changer in the automotive industry and the latest cars with IoT technology are predictive to yield a revenue generation of approx. 1.3 trillion dollars in the very near future.
Ways to use IoT for business acceleration and management
Internet is used by every single folk but hardly knows about the latest advancement emerged in the world of networks and internet, that is Internet of Things better known as IoT. Most of us might be even using IoT but hardly think of it. The usage of IoT has extended its wings almost in every sector, right from our daily work schedule of turning on and off electronic appliances till a rocket taking flight to several miles away from our reach. Then how the business sectors will remain untouched with this magic baton? From past decade as small incorporation of IoT was depicted in various businesses sectors but the involvement of this technology was very less. Within a time span of ten years this technology has taken a great hold over various business sectors and now it is really playing a huge role in transforming the business procedures, making them to think bigger, and of course being a ray of hope for a new technological world with amazing spike if revenue generation. IoT can help a business in various ways, if you are seeking for more details about IoT and its uses then here are the answers for your question.
Where is the IoT Market Heading to in the near future?
Existence of IoT can be witnessed everywhere in the world, it has given a potential way for business development. This technology is rapidly transforming business industries and shaping them with the digitized force all across the world. The expected growth of IoT sector in the year 2021 is counted as $520 billion. It will be direct growth of 13.5% as compared to the present year. Most of the businesses, regardless of their sectors are incorporating IoT without exploring the future of IoT. Undoubtedly, there is plethora of benefits of using IoT, but before making it a backbone of your business you must be aware of the route map of this technological development. IoT can serve you with long term objectives, but condition is that you must know where it is heading to and what you will gain after a certain time period.
Asset tracking and inventory management:
Inventory management and asset tracking is one of the most tedious task for product based companies and also it demands a huge human labour to perform the tasks.
IoT Projects Expected to Deliver Payback in Less Than Three Years, Says New Fujitsu Survey
- Over half of business and IT leaders now expect return on investment for IoT projects within three years
- Enterprises deploying IoT for a wide range of benefits including new revenue generation (45 percent), improving security and health, and enhancing safety (47 percent each)
- Survey identifies room for improvement among IoT services and equipment suppliers, especially in better support and closer collaboration
According to a new Fujitsu survey1 published today, Internet of Things (IoT) technology has reached early mainstream, with business and IT leaders expecting tangible results in three years or less – signaling that the days of simply experimenting with IoT projects are now consigned to the past. Fujitsu commissioned IDG Connect to better understand how IoT technology is maturing in the enterprise, and to gauge industry expectations.
Telit Introduces OneEdge and Shortens Path to IoT Monetization
Telit OneEdge is a next generation software suite for IoT modules enabling a seamless transition to cellular low power wide area (LPWA) technologies London, February 18, 2019 – Telit, a global enabler of the Internet of Things (IoT), today announced Telit OneEdge, a new initiative developed to speed IoT deployments and reduce the time required to monetize the digitalization of businesses. OneEdge is an innovative software suite enabling solutions for a new generation of Telit’s cellular LPWA IoT modules. With integrated, secure, easy-to-use tools, it dramatically simplifies design, deployment and management of IoT products and solutions, enabling a leap ahead into the new 5G super-connected world. OneEdge solves long-standing challenges related to integration, scalability, management and costs that solution architects and their enterprise customers face as they implement IoT to transform their businesses. The offering is designed to accelerate solutions to market in an industry that is expected to scale to three million-plus new cellular connections per day by 2023 .
BlackBerry Empowers the Electronics Industry to Build IoT Devices Consumers Can Trust
CES 2019 – LAS VEGAS – January 7, 2019 – BlackBerry Limited (NYSE: BB; TSX: BB) today announced it is scaling its BlackBerry Secure technology and licensing strategy to empower the electronics industry to rapidly bring-to-market safe and secure IoT devices. According to a recent survey commissioned by the company, approximately 80% of consumers in the U.S., U.K. and Canada do not trust their current Internet-connected devices to secure their data and privacy. Additionally, when asked about future purchases, respondents said they were more likely to choose a product or do business with a company that had a strong reputation for data security and privacy.
The company’s new BlackBerry Secure feature packs address this concern and buying preference by giving IoT device manufacturers the trusted software and proven framework to securely build smart products – from health trackers to Alexa-enabled speakers – without having to develop the technology and deep cybersecurity expertise internally.
Accelerite Concert Iot Orchestrator Now Available On Aws Marketplace
Orchestrator’s drag & drop visual programming tool allows both coders and non-coders to quickly build innovative IoT services on AWS AWS Summit Chicago 2017– July 26, 2017 — Accelerite, a provider of software for digital transformation infrastructure, today announced the availability of its IoT visual design tool, Concert IoT Orchestrator: Starter Edition, on AWS Marketplace. To simplify and speed development of enterprise-grade IoT applications, coders, non-coders, or anyone with a basic understanding of web service APIs now can drag and drop components to build applications that run on Amazon Web Services (AWS) for virtually any IoT use case — from smart cities and Industry 4.0 manufacturing to smart consumer devices. Also, find how Industry 4.0 can energize the Cyber-Physical Factory. “As one of the first IoT application development platforms on AWS Marketplace, Accelerite’s Concert IoT Orchestrator adds tremendous value to the selection for IoT services,” said Barry Russell, General Manager of Global Business Development, AWS Marketplace and Catalog Services.
Intrinsic ID to Demonstrate Root-of-Trust-based IoT Security at Arm TechCon with NXP
SUNNYVALE, Calif., Oct. 16, 2018 – Intrinsic ID, the world’s leading provider of digital authentication technology for Internet of Things security, today announced it will exhibit during Arm TechCon, October 17-18 in San Jose. Intrinsic ID will offer demonstrations in partnership with NXP Semiconductors N.V., showing technology for creating unclonable identities to secure any IoT-connected device. Intrinsic ID will demonstrate device-to-cloud authentication and encryption of flash data with NXP, which last week announced its i.MX RT600 family of processors and the LPC5500 series of microcontrollers. They are based on the Arm Cortex-M33 processing core and utilize Intrinsic ID’s QuiddiKey, hardware IP which delivers hardware root of trust for IoT security. In addition to QuiddiKey, Intrinsic ID products include BroadKey, a software IP which delivers hardware root of trust for creating, wrapping and managing secure keys for IoT security, and which enables security deployment at any point in an IoT-connected product’s lifecycle.