Is it a collection of modern gadgets rejected from tomorrow’s world or dragon’s den or when you are able to log onto Facebook via a tiny screen embedded in your dishwasher?
No, it’s not. Then what is Internet of Things (IoT)?
The Internet of Things is nothing more than a network of connected devices that communicate via the internet. Devices are autonomous in their communications, requiring no other machine or human to interact with it for information to be transferred. This means data can be sent back to manufacturer, updates can be pushed to devices, and information will be continually fed to a user wherever they are in the world.
The term “Internet of Things” was coined by British entrepreneur Kevin Ashton in 1999.Typically, IoT is expected to offer advanced connectivity of devices, systems, and services that goes beyond machine-to-machine communications (M2M) and covers a variety of protocols, domains, and applications. The interconnection of these embedded devices (including smart objects), is expected to usher in automation in nearly all fields, while also enabling advanced applications like a Smart Grid and expanding to the areas such as smart cities.
Currently there are no devices out which are completely in ready state. However companies like Nest labs do have devices kicking off the connected home environment properly, but then they don’t fully deliver on the Internet of things vision.
Using Nest’s thermostat or Carbon Monoxide and fire detector as an example, you can adjust your home’s temperature via your smartphone. This means you can manage your energy usage more accurately and if something goes wrong Nest’s products will solve the problem sooner or later.
Another example is the idea of completely connected fridge. It would inform you whichever groceries you need to purchase whenever you are near supermarket, perhaps even ordering staples online automatically as soon as you’ve run out.
Out of all the technology trends emerging every day, perhaps the most powerful one is the Internet of Things; it’s the one that’s going to give us most interruptions as well as opportunities over the next five years.
Whether it is mundane decisions as needing to know what to buy at the grocery store or getting a fresh pot of coffee made through the touch of a button on your smartphone connected over Wi-Fi, IoT makes it all better with accurate measurements of amount of supplies needed, or the coffee powder in your perfect cup. Also, knowing that you’re low on sugar or printer ink could save you another trip to the store in the near future. And in today’s hectic life, one could always use more time and save money.
WHY NOT IoT?
With all of IoT data being transmitted, the risk of losing privacy increases. There are complexities when it comes to IoT. For example, a bug in the software might automatically order a new ink cartridge for your printer each and every hour for a few days. There are issues related to safety such as if a store automatically delivers you a product that you are allergic to or a flavor that you don’t like or a product that is expired. Ultimately there is an additional overhead on the consumer to verify any and all automation.
Despite the cons the pros are much heavier and IoT will ultimately save consumers and companies a lot of time and money. As a result, IoT looks like promising trend in the IT industry for years to come.