Internet Of Things (IOT): An Article About Everything And Nothing At The Same Time
Everything in the world that can be connected will be connected. Imagine such a world where machines can make intelligent decisions on their own, communicating in different fields and using various types of technologies like radio frequency identification or sensors. This is made possible using the Internet of Things.
Internet of Things (IoT) is the interconnection using a unique identifier of objects which have the capability of communicating with other objects without assistance from human beings through the use of the current internet infrastructure. IPv6 will make use and adoption of IoT possible with the availability of addressing which will be crucial to identify these devices and enabling communication with other devices.
With an estimation that more than 26 billion devices will be interconnected by 2020, which will boost the revenue of $300 billion on services and products and more, the Internet of Things growth is expected to be huge according to Garner. This is credited to the continued use of IoT in various devices which are available at a low cost.
The Internet of Things makes life easier and performing tasks more convenient, with monitoring in various fields like health through the use of advanced monitoring gadgets for various ailments and disorders plus the use of emergency notification systems, which helps save lives. IoT also helps save money and time effectively since the devices have various jobs and will be available at an affordable price.
Businesses can enjoy immerse profits through the use of various systems for sales, and marketing, among others to boost and manage their services. Unfortunately, even with the advancement and use of IoT, there are many concerns that need to be addressed. Privacy is a major issue since hackers and other parties with bad intentions can easily access information available on the web. With the transmission of data from multiple devices, security and safety will not be guaranteed.
Manufacturers may also take advantage of technology to intrude in people’s lives by having advertisements appearing on different screens in people’s households which may be a result of data being shared by businesses. Spreading of viruses, malware or worms may be common with the interconnection of devices which may corrupt both hardware and software and this leads to loss of money and time. The use of Internet of Things will be inevitable in the future, and it will be interesting and important to see how different industries will utilize and overcome various limitations which will make the world a better place.
Jesse Ocean / About Author
Jesse Ocean is Ooze Studios' Founder & Managing Director. Together with the Ooze team, he's been helping B2B and B2C clients grow through rigorous ROI strategies.