Any physical object being embedded with electronics device or sensors with some software code which make them exchange data, comes under the umbrella of IoT. This is one of the latest trends in the IT world and companies like Cisco and IBM are having dedicated units for their advancement in this domain. As per a report by Gartner, experts estimate that the IoT will consist of almost 50 billion objects by 2020. That is big, really big.
As per a list by OECD in 2015, South Korea has the highest number of devices online per inhabitant. It has some 40 devices per 100 people. India ranks way down at 24th position with 0.6 devices per 100 people. ABI Research estimates that more than 30 billion devices will be wirelessly connected to the Internet of Things by 2020. In an active move to accommodate new and emerging technological innovation, the UK Government, in their 2015 budget, allocated £40,000,000 towards research into the Internet of Things.
The ability to network embedded devices with limited CPU, memory and power resources means that IoT finds applications in nearly every field. On the other hand, IoT systems could also be responsible for performing actions, not just sensing things. Shopping systems could track your shopping usage and link it to your mobile number and then advice you the next time you are going for shopping by an SMS to your phone. Another excellent application that the Internet of Things brings to the picture is home security solutions. Your water will be warm as soon as you get up in the morning for the shower.
As I have some assignments to complete for tomorrow, I wouldn't be able to write more. But be assured, IoT is the next thing and we all need to be ready for it. By the time I would enter into the professional world, it would be a hot cake.
As per a list by OECD in 2015, South Korea has the highest number of devices online per inhabitant. It has some 40 devices per 100 people. India ranks way down at 24th position with 0.6 devices per 100 people. ABI Research estimates that more than 30 billion devices will be wirelessly connected to the Internet of Things by 2020. In an active move to accommodate new and emerging technological innovation, the UK Government, in their 2015 budget, allocated £40,000,000 towards research into the Internet of Things.
The ability to network embedded devices with limited CPU, memory and power resources means that IoT finds applications in nearly every field. On the other hand, IoT systems could also be responsible for performing actions, not just sensing things. Shopping systems could track your shopping usage and link it to your mobile number and then advice you the next time you are going for shopping by an SMS to your phone. Another excellent application that the Internet of Things brings to the picture is home security solutions. Your water will be warm as soon as you get up in the morning for the shower.
As I have some assignments to complete for tomorrow, I wouldn't be able to write more. But be assured, IoT is the next thing and we all need to be ready for it. By the time I would enter into the professional world, it would be a hot cake.
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