Internet Of Things Is Sure To Rule The Future

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Internet of Things (IoT) is winning races making
others feel jealous
- By K2B Solutions
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"Internet of Things (IoT)"

• The smart devices are now becoming overwhelming
  and helping people be at their best and
  especially the human-machine communications are
  imperative making things possible. When everyone
  think of the next big thing, they never go
  beyond the drawn borders, and it is not because
  of the lack of thinking or even imagination but
  because of the lack of scrutiny. We dont see the
  next big thing as we imagine something big, and
  we dont care about what we have. Unfortunately,
  what we have now is the next big thing.
• We call it as the "Internet of Things (IoT)".

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The Internet of Things (IoT)

• Nowadays, we just talk about the human-machine
  interactions as one of the controllers to rule
  our future.
• But, there is something happening now, and it is
  nothing but the machine-machine communications.
• The techies call this interaction as the
  Internet of Things. IoT name was coined in the
  year 1999 by Kevin Ashton, a British
  entrepreneur.

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What is the Internet of Things?

• It is a connection between physical objects or
  even with objects embedded in electronics,
  sensors or any other physical device to collect
  information and also to exchange data.
• This technique was developed to make sure that
  the communication is established between the
  physical world and the computer-based
  applications.
• The accuracy, efficiency and economic benefits
  are improved as a result of such implementation.

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Example IoT

• Wired.com stated an example that made things
  clear about Internet of Things (IoT). Here is
  what they stated.

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The Past, The Present and The Future

• Many of us havent thought that the everyday
  things that we use are IoT. The past of IoT was
  so easy to find and understand. For example, the
  switches used to power various electrical
  applications also comes under the Internet of
  Things concept. Not only switches, but also many
  day-to-day electronics like remotes are also an
  excellent example of IoT in the past.
• We are now witnessing the present of Internet of
  Things (IoT) and if we sit down and think the
  past and the present, we will be stunned by how
  IoT have changed our lives over the time. From
  smart homes to smartphones, everything is making
  our day-to-day activities easier.

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What is happening in the present?

• The present have many things that elevate our
  living style. The concept of connected homes
  involves many things from Smart thermostats to
  Smart appliances, HVAC systems to Smart security
  devices and applications and lot more. Not only
  connected home but the present has connected
  cars, connected cities, wearables, industrial
  internet and many more to make people stay in the
  comfort zone and to make them enjoy everything.

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Stats of IoT

• What made IoT possible is the reduction in the
  cost of technology and the related hardware. Here
  are some numbers .
• Cost of sensors average cost of 1.30 to 0.60
  in the past ten years
• Cost of processing reduced by 60x times over the
  past ten years
• Cost of bandwidth reduced by 40x times over the
  past ten years

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What is the reason for this tremendous growth?

• The growth was driven by two major factor the
  cost of the technology and the increasing number
  of smart devices. The increase in the smartphones
  usage has now made them the gateway to IoT. And
  comparing it with the past, now almost everyone
  can access the wireless network at free of cost
  or a very low cost. Considering all these, the
  companies are concentrating more on IoT as it in
  now becoming the hot spot for generating revenue
  and also, they are using the IoT to improve the
  productivity and save costs.
• As the present has impressed us with the Internet
  of Things, the future has taken up much
  responsibility as it has the deliver the perfect
  balance of machine-machine communication along
  with the human transactions. And as the
  predictions and the current development towards
  the bright future, we can decide that the future
  is completely going to be in the hands of
  Internet of Things.

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• The demand for technology keeps on increasing as
  a result of companies and people acquiring new
  technological products to help reduce cost and
  also to make day-to-day activities easier. Couple
  of years back Cisco data revealed that there were
  over 8.7 billion connected objects. Currently,
  the numbers have been increased to nearly 22
  billion, and it is expected to reach 50 billion
  by the end of 2020.
• The factor that drives IoT adoption is the
  customer demand as they want the technology to
  help then to improve in areas like health and
  fitness, security, energy savings and more. The
  increase in demand of IoT and also the rise in
  usage of smartphones and wearable devices made a
  clear statement that everything will depend on
  hardware and connected application. As the result
  in these increases, the IoT web and mobile
  applications demand is rapidly growing resulting
  in an enormous hype. To stay in the race of the
  increasing demands, every company need to deploy
  their applications to helps people what they
  acquire.

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Author Bio