Have you been wondering what’s all the deal about IoT? In this article, we will be covering just that and everything necessary to understand about IoT, an overview of IoT, how it works, what are its pros and cons, what industries can benefit from it, and finally how one prepares for a career in this new domain.
Data is currently challenging the traditional ways of working and adding new cloud technologies that can contribute tremendously to the growth of every sector. Integrating IoT with all these cloud technologies greatly changes the way how the industry works.
|Will be discussing the following topics:|
➤ What is the Internet of Things?
➤ What are the Advantages of IoT?
➤ What are the Disadvantages of IoT?
➤ What Industries Can Benefit from IoT?
➤ Internet of Things Evolution & Future
The Internet of Things is a system that refers to the connected physical devices that are accessible through the software, sensors, and other technologies for the objective of connecting & exchanging data with other devices over the internet.
Everything now from ordinary objects to industrial tools has become a part of the IoT. This connectivity and seamless communication have been possible due to the ease of development of economical chips, sensors, hardware, and the availability of wireless networks everywhere.
The smart IoT devices thus connected in the network are intelligent and more responsive. Like for example, if you have smart lighting in your house, you wouldn’t have to worry about switching them on & off every time you walk out of the house. It will be taken care of.
Thus, IoT not only makes life easier but also contributes to creating an environment where all the daily tasks are automated for better outcomes.
IoT has become this century's very important technology as it offers more value in the market, benefiting both customers and manufacturers. In addition to automating and building smart homes, IoT has also reached industrial businesses by providing them with the benefit of using real-time data to create more efficient, stable, and smarter systems.
The data finds itself very useful for businesses to keep track of their systems, products, and services to improve them for better performance and results. This also reduces manual labor, cuts costs, and saves time.
Thus, ensuring that IoT will be one of the important technologies in re-shaping the future and bringing in the next industrial revolution.
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The devices which comprise the IoT are connected via sensors, communication hardware, and processors that are used for establishing communication among them via the internet. The data that flows in and out of these devices hence control their behavior and course of action.
Also, known as machine-to-machine communication, is the process through which these smart devices communicate.
With minimal human interventions, these devices can communicate with other connected devices on the network, and humans will only need to initiate, give them instructions, and access the data henceforth to monitor their performance.
This has been made possible due to the availability of tiny mobile processors and devices easily these days, as well as the ever-online connectivity of our home and business networks.
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The Internet of Things or IoT has been excelling in making life easier for everyone by connecting the world through a network of smart devices. IoT opens up a wide variety of possibilities for enhancing the quality of life in all ways by automating daily tasks and giving us the power to leverage digital intelligence at its best. Here are some of the advantages of IoT:
While the number of advantages might outnumber the disadvantages, it is still imperative to keep a tab on the shortcomings of this technology. Also, by identifying the disadvantages we can leverage the right spot for us. Here are some of the disadvantages ofs to make this technology work the best IoT:
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IoT applications cover several verticals, including automotive, agriculture, telecom, healthcare, energy, and many more. With the advent of the large production of economical sensors, communication hardware, fast computing capabilities, and accessible wireless networks everywhere, IoT is taking over the world very fast.
All the verticals promise better performance and ease of management with the connection and communication offered by IoT.
From automated irrigation systems to smart homes, to smart lighting & sound systems for homes & offices, there are multiple areas in which IoT has revolutionized the traditional ways and brought more control and consistent better-performing systems.
Some of the examples of IoT applications are:
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The following industries can benefit from IoT:
In addition to the above examples, several industries can still benefit from IoT and its applications. In general, all of these industries can have improved safety provisions for both employees and the good that they produce.
It will help them track the office working conditions and help them improve them to achieve better results.
Workers' safety is also of utmost importance especially in industries such as mining, oil & gas, chemical & power plants, so having smart wearables and sensors in these places would help to prevent major industrial accidents and hazards.
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The industrial internet of things or IIoT is used to refer to the usage of IoT technology in industries and industrial applications. It focuses on enabling the use of IoT with cloud technologies, data analytics, AI, and machine-to-machine communication to have more efficient and responsive systems in place.
This helps in expanding the bandwidth of information for measuring and optimizing industrial processes and business models.
Along with cloud technologies, Industrial IoT (IIoT) helps in creating sources of new revenue and reliable systems. The automation and control that is achieved by the integration of IIoT in the industrial processes and infrastructure contribute to making better-informed decisions and taking specific actions on time.
The consistent supply of real-time data via smart devices helps companies to predict and detect any failures on time and address them to avoid any kind of losses. Hence, IIoT provides a more accurate vision for businesses in the future and optimizes their operations for better results.
The following are some areas where Industrial IoT can be used:
The idea of adding intelligence via sensors and other hardware components to the physical devices for enabling connectivity between them has been debated since the 1980s. But we were only able to go as far as internet-connected vending machines.
The hindrance was expensive components, bulkier computer chips, and inconsistent internet availability.
Then the introduction and adoption of RFID tags somewhat helped to curb the issue. Also, the adoption of IPv6 helped the idea to progress further.
Following this, in 1999 Kevin Ashton coined the term 'Internet of Things,' but it took the technology at least another decade to catch up with the idea. RFID tags were added to types of equipment to track their location and that was one of the first applications of IoT.
After that, prices have been falling for the sensors, hardware, and internet connection, paving the way to connect possibly everything to the internet.
Slowly and steadily IoT has started growing from only manufacturing and businesses to homes and offices. Now, most of the areas are possibly connected to the internet allowing IoT to emerge as one of the most essential technologies in the coming years.
While many skills are needed to excel at any technology, we have listed down below the top 5 skills which are essential for any developer to embark on their career in this technology:
IoT has started changing traditional ways of industry and its use is still early in a lot of verticals, with some industries further along than others. However, with the fourth industrial revolution on its way, IoT will only have a larger role to play, which means now is the right time to invest and explore the technology. Also, for the enthusiastic professionals who are ready to build and move ahead in their careers, it would be a great advantage for you to learn about IoT and be ahead in the data science field.
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Pooja Mishra is an enthusiastic content writer working at Mindmajix.com. She writes articles on the trending IT-related topics, including Big Data, Business Intelligence, Cloud computing, AI & Machine learning, and so on. Her way of writing is easy to understand and informative at the same time. You can reach her on LinkedIn & Twitter.
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