16 Jun 8 Reasons Why IoT Apps are Way Smarter than You Think
It is estimated that there will be 30 billion devices connected with IoT apps or applications by 2020. This number is not bigger than you think considering the market value of IoT. Which is projected to reach $7.1 trillion in the next couple of years. At least as per predictions of the some of the tech giants leading the market . This includes IBM, Ericsson’s, Cisco, etc. Based on their recorded forecast way back in 2016.
While tech giants are figuring-out predictions of smarter IoT apps or applications into numbers and how it would make our world smarter, the bottom line is it creates countless opportunities for all of us – being connected and making our lives more efficient.
The implications of IoT are huge. The universe will become unified, brain-like system. It sounds like a super-futuristic concept but IoT is imminent and everyone should be excited. Why?
1. Increase Efficiency for IoT Apps
Efficiency is beneficial for industrial IoT apps or applications, because more production at less cost means greater profit.
For example, by placing NFC tags on individual products. This will help the inventory easier especially for people working in a large warehouse. The use of this smart application will save search time and lower labor cost.
For energy efficiency, for instance, Google cut 15% of its energy expenditures. By using intelligent algorithm sensors to monitor lighting, temperature, energy usage, etc. in its data centers.
These smart sensors micromanage all this jobs in real-time. Like automatically switching off thermostats when no one’s around to save energy.
2. Every human on earth today owns at least 26 Smart objects
Intel, produced an info graphic entitled, “ A Guide to Internet of Things, How Billions of Online Objects are Making the web Wiser” detailing the massive scale of IoT applications. In that particular content, Intel listed at least 26 smart objects every human on earth owns today – smartphone, TV, smart wallet; and it includes even your room key.
Undeniably, these 26 smart objects are becoming a basic necessity for every human being on earth.
Prior to the massive influx of IoT applications, we are used to watch TV based on what is only the available shows being broadcast on your favorite channels. But nowadays, you can watch movies and shows according to your own likings like what time you want to watch, how many episodes at a time, or you can even replay or download the entire series and watch it anywhere, anytime you like.
3. Everything will Run through exact Measured data in Real-time
We have heard about big data bang! Big data has already made great impact in almost every industry, showing the value of information and analytics. This means that everything will be able to be measured and tracked all the time. Cloud-based IoT applications and tools will be able to analyze and translate data into useful information which can fuel better decisions and help develop better results in real-time.
With IoT, information is transformed into action at an unprecedented speed. To make it clear, the data of everything from home appliances, to construction equipment, to buildings and vehicles transmitted to other smart objects or people can be a big help to forming better results.
Not only will technology respond to data and changes instantly, but it will be able to be utilized to predict problems and take actions to prevent them.
Wearable technologies, for example, are used by doctors to detect or better understand a person’s health based on the data transmitted from the device a person wears. Not just in the medical world but this type of IoT applications are widely used in various industries.
4. Working environments is becoming Interconnected
One of the most obvious impacts of IoT in the modern world, especially in industries, is it connects everyone and everything – people and the machines.
For example, data collected from smart cars can be used to improve traffic, which can help to develop smart cities, which can make energy use more efficient, which can lower the amount of expenditures, which can lessen the stress of a father, and so on.
In a report published at Entrepreneurs online portal, AllSeen Alliance is seeing companies such as Cisco, Sharp and Panasonic pledging to make their pipelines of new applications and devices compatible with a networking system so machines can start interacting.
Because of this, smart machines hitting the shelves on broad scale and we will start reducing waste, costs and inconvenience while increasing efficiency and safety.
5. Due to the existence of Robots, Human Intervention will no longer be in need
The tech world is working so hard on pushing to maximize the advent capabilities of big data and artificial intelligence. So, robotic smart machines are on the rise.
In the retail industry, for instance, smart robots are widely used in the recent years due to its flexibility and capability to perform various tasks and applications quickly where humans can’t do. Industry operators seen robots increased productions and profit margin because it can complete tasks at stipulated time.
Unlike humans, robots rarely make mistakes and are more precise on the tasks programmed for them. They can do multiple jobs at the same time at a constant speed without the company worrying about overtime pay, day offs and lunch breaks.
The rise of these hyper-smart machineries threats human manpower. Though these machines are a big help to the progress of innovative modern society, many have become wary about losing the power of human interventions in the future. Fearing its possible negative effects to humans such as data security and environmental threats.
However, there haven’t been any records of such a problem about the world of robots. In fact, tech giants have seen positive results on robotics and their views about its capabilities is positively overwhelming.
6. Humans are almost becoming Robots
While robots are considered a threat to replace humans, humans on the other hand, are becoming robot-brain-like. This is because of the massive influence of IoT intervention to our daily lives.
Example, most young adults today can’t rise up in bed in the morning without a trigger of an alarm from their smartphone. Some can’t even sleep without their smartphones.
It’s like a smartphone has become an object of necessity in order to function as human in the society – this without data involve – when in fact, humans are smarter than phones.
7. Everyone will become data scientist, moreover with Fake data though
Because of the astonishing rise of IoT applications and products, data collection has become a dogma. Everyone is bombarded with different information from anywhere they turn.
While some people treat information overload as a bag of beacon, many are unaware of its potential adversity. Those who are aware, play the game. Those who have no knowledge, trapped as victim. Then, players are winners and victims are losers.
The players are the ones who use data for profit. The victims are the ones who are careless about their data. Data means all information – fake or not.
8. The world will run in Sensors
Basically, there are two types of sensor technology which are of course dissected to few different sub types: smart sensors and intelligent sensors.
By 2020, intelligent sensor market is predicted to mark $10.5 billion. According to Military and Aerospace Electronics. This means, by this year, there are around 300 billion sensors making lifestyle enhancement in our daily lives.
Smart sensors, on the other note, is a technology that can detect information from the physical world and perform specified instructions or relay the data to other systems.
This technology, like the intelligent sensors, are becoming an integral part of the new IoT products designs.
Many say that smart sensors will fulfill the promises of the Internet of Things, today and in the generations to come.
Does IoT applications make a smarter world? Or the world has outsmarted us?
Considering how genius humans have become over the years through modern discoveries and advent of unprecedented innovations of science and technology, ask yourself: I am living in a smarter world? Or the world has outsmarted me?
Although IoT has quite a few advantages, which of course all of us are benefiting from it, it’s disadvantages can’t never be denied. For example, data security is one of the major concerns in the IoT world. IoT applications are only built from programmed software which has no guaranteed 100%-tight-safety. All software applications are vulnerable for data breach and malicious use.
Also, complexity. There are several opportunities for failure with complex systems. For example, there are some instances where software bugs cause printer to order ink multiple times when it only requires a single cartridge.
These are few instances that software engineers are trying to figure out ever since. This will lead us to the question of we are truly living in a smarter world or the world has outsmarted us.
More often than not, the internet works best for humans and it simply makes our world smarter. You, do you think IoT applications are way smarter than you have ever imagined?
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