The growth of IoT Devices and the IoT Platform in 2019
The Internet of Things (IoT) is a network of internet-connected devices, allowing them to interact and exchange information with each other (increasingly via an IoT Platform).
This enables users to effectively monitor and control everything from washing machines to factory assembly lines via their mobile phones, tablets or other devices.
IoT know-how is swiftly being combined with other innovative trends such as artificial intelligence and natural language technologies to expand the list of integrated smart solutions.
Here we take a look at some of the main areas to keep an eye on.
How big is the internet? As big as you want it to be
In the years ahead, as the technology evolves, the list of IoT applications will grow phenomenally.
Billions of things will be talking to each other.
And the technology is leading to a revolutionary change in every industry, including agriculture, healthcare, retail, manufacturing, and energy.
With corporate spending on IoT expected to reach $1 trillion by 2020, easily surpassing 2019’s $745 billion, IoT is predicted to generate $14.4 trillion in value across all industries in the next decade.
Early adopters are especially gaining a competitive edge. But no one will want to be left behind as real-time data management and the automation of tasks substantially increases operational efficiency across the board.
And it’s not simply industries and business set to benefit from this leap forward in technology.
The overall quality of society and life in general is bound to improve as these IoT devices bridge the gap between the physical and digital world.
Indeed, the best examples of the successful integration of IoT devices and systems is their successful application in real life.
IoT Example #1: Smart Wearable IoT Devices
Smart Wearables are a rapidly growing market.
Broadly covering fitness, health and entertainment requirements, wearable IoT devices are installed with sensors collecting both information about the users and their needs.
Of course, IoT sensors send that data back to connected devices capable of extracting essential insights about the user. The user can also be connected to the internet through voice commands.
In the case of Smart Spectacles and other similar IoT devices, information gathered from the internet flows across an optical display. This allows the user, amongst a great many other things, to expertly navigate around an otherwise unfamiliar city, or keep up to date with an airport’s flight information.
There is even a Smart Glove, ensuring industrial workers are safer and more efficient at their jobs.
As well as being fitted with a barcode scanner for quality checking and documenting assembly, the Smart Glove is designed to meet the safety conditions of an industrial environment. It monitors in real-time feedback on vibration, humidity, pressure, and gesture sensing.
More remarkably still, contact lenses with inbuilt connected sensors can provide doctors with an up-to-date health status of their patients.
Through tear analysis, the lenses monitor glucose level in diabetes patients, or in cases of presbyopia keep a check on an eye’s focusing ability.
IoT Example #2: Smart Healthcare IoT Devices
Smart medical devices, or the Internet of Medical Things (IoMT), promises an improvement in the well-being of people in general.
Enabling the real-time monitoring of patients remotely, the connected sensors can trace the main changes in a patient’s body.
As well as reporting imminent problems, or emergencies such as an asthma attack or heart failure, the IoT devices collect healthcare data: blood pressure, sugar levels, oxygen, fatigue, appetite, weight levels, and so on.
Stored in an online ‘diary’, the data provides an accurate personalised analysis of an individual’s health. It can be accessed instantly at any time by a physician to provide tailor-made strategies preventing or combating ailments.
Numerous activity trackers are also being swiftly adopted in the study and treatment of tumours.
IoT Example #3: Smart Industry IoT Devices
The Industrial Internet of Things (IIoT) is maintaining the health of manufacturing – and the planet.
It’s already leading to more energy efficient companies, reducing the carbon footprint on the environment.
IoT asset tracking devices are also already widely in use. Using GPS or Radio Frequency (RF), they monitor the progress of packages and supplies, or fleet vehicle behaviour.
Supply chain managers can make improved predictions regarding re-routing and inventory management, noting inefficiencies and problems and addressing them sooner.
Similarly, a connected factory reports key metrics, including equipment efficiency and telemetry data, even scheduling any required maintenance or restocking before it leads to more serious situations.
It can also disclose weak points in the manufacturing process that can be optimised.
IoT Example #4 Smart Retail IoT Devices
Using IoT devices, and connections to a customer’s own Smart Phone, retailers can track their path through a store, leading to improved layouts and the placing of premium products in high traffic areas.
IoT barcode readers incorporated into shopping carts detect products as they’re dropped into or removed from the cart. This has the double benefit of saving the customer time at the checkout, while also easing inventory processing.
Once the customer has left the store, the retailer can still interact with them, such as asking them to comment on their satisfaction with the service.
IoT Example #5: Smart Farming IoT Devices
IoT device installation in agriculture looks set to grow by 20%, reaching 75 million devices by 2020.
Livestock monitoring and management capabilities include checking the health and the location of animals, even those grazing far out in the fields. Knowing when an animal is sick, the famer not only treats it in good time but can also prevent an ailment spreading.
Greenhouse automation ensures optimum levels of light and irrigation for produce grown under glass, yet the introduction of sensor-enabled drones and Global Positioning System (GPS) tracking now brings similar benefits to every crop.
These systems can swiftly detect any blight, whether it’s a disease or an insect infestation. The famer can also be alerted to water shortages or any potential adverse weather damage.
The soil’s composition can also be checked reading moisture and nutrient levels.
IoT Example #6: Smart Home, Smart Cities and IoT Devices
Smart Appliances enable homeowners to switch on the lights, cookers, and heating as they make their way home. They can also keep an eye on their home while on holiday, using Smart Security.
As they drive, their Smart Car can optimise their comfort, while informing them of traffic congestion and available parking spaces. The city they’re driving through has Smart Management of waste, water and energy, monitoring levels to support the decision-making process.
A Smart Future beckons.
What does IoT stand for? A whole new future for IoT Devices
The management and automation of connected devices is made all the easier with the increasing adoption of IoT Platforms.
An IoT Platform’s multi-layer technology of flexible connectivity options and enterprise-grade security mechanisms, together with broad data processing powers, enables a straightforward connection of diverse hardware to the Cloud.
It provides a set of ready-to-use features that greatly speed up development of applications for connected devices, as well as taking care of scalability and cross-device compatibility.
Shouldn’t your clients be unlocking the power of the IoT to optimise all their operations?
You can quickly deliver IoT solutions using the IBM Watson IoT Platform.
Then gain more insights on IoT potential here.