BLOCKCHAIN |
How the internet of things (iot) will change the World
05/10/2024
20mins
IOT (the Internet Of Things) is a constantly expanding network of things which in this case can vary from a car with an in-built sensors, a person with a monitor implant, a dog with a bionic transponder or any form of natural or man-made object that can be issued with an IP address and is provided with the ability to transmit data over a network.The network and communication that transpires between these objects and internet-enabled systems are what is called the IOT. If it has an Off and On switch, chances are it can be a part of the IOT. This network requires no human-to-computer or human-to-human transfer, and that is the reason for its ever growing popularity.
Over time, IOT has evolved from wireless technologies, micro-services, micro-electro mechanical systems and the internet. This coming together has led to the gaping of information technology and operational technology, thus, allowing machine-generated data to be analysed for acumens that will lead to improvements. IOT development may be interesting in conversations, but developers have serious technical challenges to be addressed such as testing supplies, security, and analytics for IOT applications.
How Will IOT Impact You?
In workplaces and social lives IOT has become a versant conversation topic, the concept that will be a huge impact on how we work and live. So how exactly will it impact your life? Many of us are just grasping the basics of what this is in the surprisingly technical and policy-related conversations around us. To make it simpler, this application is based on one rule. Anything that can be connected will be connected. Managing the current connections might already seem like too much, which begs the question, Why would you need so many things connected to each other?
“A classic example is the alarm clock, something basic. What if you could connect your alarm clock to your coffee maker? When the alarm goes off at 7:00am, it immediately notifies your coffee maker to brew a cup. What if your car has access to your calendar and schedule? It already knows your destination and can easily navigate to find the shortest route possible or even sync with the traffic reports to find the fastest way to get there. What if your refrigerator knew when your supplies were running low and automatically reordered some more?”
I know this sounds like something from the TV series, black mirror, but what if life could get that simple? On a bigger scale, Internet Of Things can be practical when it comes to transportation systems and networks. By understanding how we live and work, this application can improve efficiency and help reduce waste of resources such as energy. It’s no surprise IOT development and its applications are a hot topic in the industry. Its possibilities are virtually endless, most of which we cannot comprehend its impact today.
Our Present And Future With IOT
Merging the physical and virtual world has been a target the human race has strives to achieve for quite a while. The Internet of Things is set to create a highly personalised, predictive connection experience. With no limit to what can be connected to the internet, practices of IOT in our day to day lives have sprung across the globe.
“Students at Writhlington School- Somerset watches and study the growth of orchids with this technology. Cows in Medria are wirelessly connected to the internet through specialized collars made by French IT and Deutsche Telecom. That’s not all. Toilets at Heathrow Airport, London, use the IOT application to report on their usage.”
Therefore, the prediction that IOT will be a thing in the near future is not from its cool factor, but rather it will change business operations at an essential level. IOT will enable smarter choices when it comes to business operations. These innovations can be attached to anything, therefore allowing for the collection of precise pointers.
Product Monitoring will further aid in explaining its use, breaking point and what will serve better in the future. An example is the Rolls Royce aircraft engine sensors that detect malfunctions before they cause aircraft disasters.
Another impact is on Improved Business Models. It’s no longer about how smart you can make your product anymore. It’s about how the information can affect your efficiency and your selling point of this data to consumers. For example, fitness trackers give us feedback about our health stats and fitness habits. Plenty of companies would love to acquire this data for marketing purposes and launches.
Of course, what we have all been yearning for years, smarter products. Companies will be forced to make products that, regardless of whether it seems unnecessary, for instance, an internet-enabled cooking pot. With the emergence of jewelry linked to our phones, smart yoga mats, and wallets, only time which will stick with us. One thing still remains, businesses will have the domineering need to make smarter and more connected systems.
The Bad And Ugly Of IOT
Something as intricate as this has equally big challenges.
- Data sharing and Privacy when it comes to personal networks is one of the most valued things in the Tech world. Even today, this is a sensitive panic button, and to imagine billions of devices linked together raises concern.
- One of the biggest shortcomings is Security. With billions of devices and things connected together on an online platform, how hard could it be to have your entire network hacked through your alarm clock or car? On a wider scope, IOT seems like something that would expose companies and firms all over the world to more security threats.
- Additionally, companies are going to be faced with Massive Amounts of Data that requires analysis, tracking, and storage. So how will they make sense of these massive amounts of data? This has been an ongoing debate for years.
The best we can do is to understand the concept, evaluate its pros and cons and brace ourselves. The Future Is Now!
Published:05/10/2024
Share: