4 IoT Trends All Set to Drive Innovation in the Future

Internet of Things (IoT) has been gaining high momentum lately. The persistent implementation of IoT in the last 4-5 years has now turned into a sought-after trend. This technology has radically changed the way we communicate and look at the world. Connecting things like TV, AC, electrical meter, etc. to your mobile or any other smart device and operating it with the help of cloud support is something beyond our imagination. However, IoT has made it possible by disrupting almost every industry.

According to Gartner Research project, there are approx. 27B IoT devices in the global market in 2019, which is anticipated to elevate to 75B by 2025. Besides, IoT global market will rise to 457B by 2020, which ensures that IoT is going to be a boon for the world. The continuous evolvement in technology is facilitating so many things in diverse marketplaces.

Below, we have shed light on a few IoT trends that are going to play a significant role in the coming years.

5G Networks

5G networks will have a considerable impact on the Internet of Things due to their increasing consumer readiness. Once they become mainstream, they will operate at a way faster speed than we are accustomed to and thus, enable IoT to access the locations that are believed to be inaccessible.

Also, the cable networks may work well with IoT devices in some instances, but these networks can’t match the speed of 5G networks. 5G networks are probably going to make smart cities more viable than ever before.

Artificial Intelligence (AI)

The IoT and AI are closely linked to each other. Let’s understand this concept with an example.

Suppose a business is planning to run an industrial network that is responsible for the processing of large volumes of data each week. Handling this task manually is nearly impossible for the businesses that want to streamline their processes.

So, machine learning algorithms will need to be implemented to record the data and recognize the outliers. The fusion of IoT and AI makes this possible, allowing businesses to learn more about the early warning signs of upcoming issues, run smoothly,  and foster their growth.

 Voice-Enabled Devices

The internet has already given voice to a plethora of devices. Now, the Internet of Things is going to voice almost everything that we possess. We all are well-accustomed to the voice assistants like Siri and Alexa introduced by Apple and Amazon respectively. The voice-enabled systems allow us to perform all sorts of simple tasks like setting the alarm, ordering a meal, booking a cab, etc. with just a voice command. Car companies are also working on more vocal automobiles to add value to people’s lives.

Voice control options are going to become more sought-after over the coming years. The IoT will make life easier by voicing up almost every task and allowing people to become more productive. Enterprise technology and industrial technology will also get the opportunity to leverage these technological advancements.

Cloud Computing

IoT stimulates communication between devices by connecting them with the internet. For the successful execution of this communication process, there is a need for storing massive data, and IoT exploits Big Data and Cloud Computing for this purpose. While the Big Data saves large chunks of data, Cloud Computing ensures the security and timely transfer of the data. In brief, we can say that cloud computing will be one of the best trends in the foreseeable future.

Final Verdict

There is a lot more to the trends of the Internet of Things. The trends explained above are just the beginning of what is possible with an interconnected world in the future when the IoT devices will be widely adopted. The use cases for IoT-enabled devices will continue to grow and expand in the connected future. Since IoT devices will certainly offer more features, functionalities, and productivity from their IoT-connected devices, organizations should partner with an IoT development company to take full advantage of these unique capabilities of IoT.

4 Industries Experiencing Disruptive Innovation With IoT Adoption

The Internet of Things (IoT) is an innovative technology that has touched human existence in every possible manner. It fuses sensors and devices to facilitate and accelerate the data exchange between them. With such frictionless connectivity, these “things” creates a network that is capable of smart and intelligent interaction.

The most significant impact of this innovation has been seen in the form of home automation. Besides bettering the way we live, it has also penetrated and disrupted the diverse industry verticals in a way people have barely thought of, thus offering abundant opportunities to businesses to make headway.

Let’s have a look at major industries that have experienced the IoT revolution.

Healthcare

Healthcare is a sector that has already realized and exploited the potential of IoT. Earlier, physicians used to spend much time to access and input patient data into the computer systems. However, cloud-based IoT solutions have streamlined this process radically and ensure that patient data is easily accessible across the platform and physical barriers. This convenience has lowered the chances of giving subpar treatments because of a lack of patient history.

Moreover, the IoT not only provides cloud-based solutions to the healthcare industry but also notifies the emergency unit in case of unusual occurrences. For instance, if the BP of a patient falls abruptly, a medic will be instantly reported, and swift action can be taken to overcome the situation. Most healthcare centers are already following this approach, while others are on the verge of adopting this “smart” technology.

Retail

Retail is a sector that has been impacted impeccably by the Internet of Things. There was a time when brick-and-mortar stores were reluctant to adopt technological advancements, and customers had no other way to access the products than visiting stores. Also, garnering information about customer behavior and preferences, and managing inventory were long and complicated procedures.

However, the continued upward momentum of e-commerce changed this scenario. Online stores are springing up and ruling the market now. Since most people are time-constrained, they prefer to shop for products online, and IoT is making it more streamlined.

With IoT-integrated platform, it is way too easy to send push notifications to customers, thus ensuring that you get into their mind regardless of where they are. Likewise, the cloud-based solutions, including inventory management software, retail POS software, and automated checkouts, have digitized and facilitated the management of retail businesses.

Transportation

Transport companies use sensors in their shipping vehicles to monitor their temperature. It ensures that the products get delivered at the destination in perfect condition.

IoT has partially disrupted the transport industry. The integration of real-time traffic data with inbuilt GPS in automobiles showcases the potential of IoT in this sector. This functionality notifies people about the right and less congested routes based on real-time traffic updates and thus, ensures public safety.

IoT solutions also allow people to assess their driving skills without having to physically present in the automobile. Besides, it can be used for fuel-efficiency. Sensors can be incorporated into semi-trucks and public buses to gather the data on fuel usage and cut down fuel consumption.

Agriculture

The capability of IoT in agriculture is beyond imagination. It has been anticipated that IoT device installation in the agriculture industry will grow to a whopping 75M Euros by 2020.

IoT solutions provide real-time data about weather conditions and previous trends to farmers to give them an idea of when to plant their crops. John Deere is already leveraging the same approach. The company created an iPad app having nine mapping layers that track everything happening in the field. Thus, farmers can estimate how many seeds to plant per acre, and precisely, at what distance they should be planted.

The more the farmers are connected with various data, the more the possibilities of a successful and optimized yield.

Conclusion

While only four industries have been mentioned above, many other industries have been or will be disrupted by IoT to no small extent. Now is the time when there is barely a sector that hasn’t been impacted by IoT. The kind of revolution industries are experiencing, currently, is just the tip of the iceberg. IoT possesses a lot to bring to the table in the future and industries that are adopting IoT development services and solutions now will rapidly streamline their operations and drive their growth.

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