Everything about IoT

The Internet of Things (IoT) refers to a system of interrelated, internet-connected objects that are able to collect and transfer data over a wireless network without human intervention.

Applications of IoT

  • Connected Devices/Cars: Pervasive smart connectivity brings consumers’ physical and digital life closer together
  • Connected Home: Connected intelligent buildings bring the benefits home by driving dramatic improvement in energy efficiency and security and extending benefits of health and education to the home
  • Smart Cities: ensures a networked urban society shares in the benefit of intelligent traffic management, smart energy grids and security
  • Agriculture: plant lighting systems and watering systems
  • Industrial: Equipment activty monitor and sound detectors

IoT Industry

  • Four foundational, interconnected pillars at the core of the IoT movement: connect, collect, compute, and create
  • New Connections of devices and information
  • Enhanced Collection of data that grows from the connections of devices and information
  • Advanced Computation that transforms collected data into new possibilities
  • Unique Creation of new interactions, business models, and solutions

Technologies that Enable IoT

  • Sensors: A device that generates an electronic signal from a physical condition or event
  • Networks: A mechanism for communicating an electronic signal (Bluetooth, Wifi, LTE, 5G)
  • Standards: Commonly accepted prohibitions or prescriptions for action (including network protocols, communication protocols, and data-aggregation standards) and regulatory standards (related to security and privacy of data, among other issues)
  • Augmented Intelligence: Analytical tools that improve the ability to describe, predict, and exploit relationships among phenomena (Computer vision, natural-language processing, speech recognition)
  • Augmented Behavior: Technologies and techniques that improve compliance with prescribed action (machine to machien interface, machine to human interface)

Factors Driving IoT

  • Cheaper, smarter and smaller sensors
  • Increase in data rates, decrease in internet prices, power efficency of networks and IPv6 adoption
  • Availability of big data, growth in open source analytics software, real-time data processing and analytics
  • Lower machine prices, improved machine functionality, machines influencing human action through behavioral-science rationale

IoT Value Chain

  • The Internet of Things can enable the next wave of life-enhancing services across several fundamental sectors of the economy.
  • Meeting the needs of customers may require global distribution models and consistent global services.
  • The Internet of Things presents an opportunity for new commercial models to support mass global deployments.
  • The majority of revenue will arise from the provision of value-added services and mobile operators are building new capabilities to enable these new service areas.
  • Device and application behaviour will place new and varying demands on mobile networks

Resources

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