20 Oct Available IoT Services in the Market
“Today, computer – and therefore the internet (IoT)— are almost wholly dependent on human beings for information. Nearly all of the roughly 50 petabytes (a petabyte is 1,024 terabytes) of data available on the internet were first captured and created by human beings by typing, pressing a record button, taking a digital picture or scanning a barcode.
The problem is, people have limited time, attention and accuracy — all of which means they are not very good at capturing data about things in the real world. If we had computers that knew everything there was to know about things — using data they gathered without any help from us — we would be able to track and count everything and greatly reduce waste, loss and cost. We would know when things needed replacing, repairing or recalling and whether they were fresh or past their best.”
This has been a quote by Ashton in 1999 from an article in the RFID Journal that greatly and probably best describes IoT, the greatest breakthrough trend in our modern world.
But first, what is IOT? And what are the possible IoT services available in the market today? The term IoT stands for the “Internet of Things”, although it is quite complex, abstract and difficult to explain precisely but to make it simple, it is any software, devices, animal or people that has been developed in our modern time a capacity to connect or to access the internet. But not all objects that connects to the internet is considered “IoT”, these are usually provided with unique identifiers like a specific IP address and is able to transfer data without the need of a person or a computer to operate or function, as well as save and use the data they gather in order to come up with solutions and to be able to function on their own (automation).
As an example of an object that is considered part of the Internet of Things, can be a person with a heart monitor implant, a crop field that has a system that monitors all the plants’ status, a car that has built-in locks and sensors that alerts the owner when there are any malfunctions in its parts or perhaps avoid theft – or any other object that can connect to the internet with an IP address and is able to collect and transfer data over a network, in order to pave way to smarter solutions when the same problems occur and in some cases allow the device be able to act properly on its own based on the data they have previously gathered.
Many gadgets or devices available and being developed recently connect to the network in order to gather and collect data from the environment or situations through their built-in sensors and then in turn allow other systems to act out a solution through actuators. These devices could be common objects we already have, or we seem familiar with, some could be new and built for this specific purpose and are connected to each other through a network. These devices may be something portable or something we all have in our homes that are stationary, or they could be added to old equipment and machines to further enhance their functions. IoT service can also be part of something as big as the city we live in. The data being used are extracted from the real world through sensors and is then converted to information or digital data that provides a basis for these devices to increase their accuracy in solving problems and into how users interact with products, services or applications.
Many researchers and analysts believe that the Internet of Things could greatly impact every corner of our everyday lives: it could be in our homes, shops, offices, city streets, factories, farms and everywhere you could think of. Thus, because of IoT, many IoT products have been developed to give us greater control of many aspects in our everyday lives, like home security through door locks, lights and appliances, in business IoT offers data into resource consumption habits and trends, and help us connect to more people, systems and environments that could develop and improve our daily lives.
Generally, IoT can define and reshape the world in to a new kind of world where just about anything can be connected and can communicate through a network. Or to put it simply, the Internet of Things transforms the world into a big system full of data and information. And many business ventures have paved way to the practical applications of IoT in industries today, this includes: lifestyle & health, agriculture, infrastructures and its management, energy and transportation.
Available IOT services and samples
As IoT became a popular trend, many companies are already taking advantage of the data brought about by the technology, develop products and devices or machines to learn and predict analytics, innovate and transform their business by creating applications used in mobile phones and tablets, which are aptly called Smart Apps.
Many of the IoT driven companies focus on wearable technologies, smart thermostats, home security, and trackers. But there are actually a lot of possible industries that utilizes IoT, most of these are for business and government uses. And the main target location to start these ventures are usually where existing business processes can be greatly enhanced through these services and data intelligence. Example of these are manufacturing, mining, government, insurance, airlines, energy, agriculture, pharmaceutical and more.
So when you’re thinking of markets, be more on the lookout for old and existing industries that have problems and is lagging in adapting to the new trends and innovations of today’s newest technology. Generally, a great idea for these services is to think of offering technical innovations and solutions, so old and existing corporations are a great market, such as manufacturing, natural resources and government. The reason for this is that these are capital-intensive segments in which data efficiency and solutions are highly prioritized and they are the best place to offer the utility of “sensorification”. There is also the advancement of what is called “Smart City” in the government, which means the idea of having the technology of monitoring traffic, roads, parking, crime, noise, activity, the environment, etc. And with this, more data imaginable in the city can be easily collected by citizens and leaders, like license plates and such.
Another great target is for the Consumer Convenience. Many IoT products greatly impact and improve daily life by simplifying routine tasks and finding solutions for you like finding your keys, unlocking your door, turning lights on and off — these and other habits by users can be data that is collected by devices and is automated with sensors and intelligent software in order to mimic and function properly or as it should be.
A smart home is also a great example, a full range of products that know your preferences, your habits and anticipate your needs and respond correctly to your behavior, so you can have more time to do other important duties or jobs while leaving minor tasks to your smart home. Other examples of these are: Smart door locks, smart trackers, Smart vehicle Locks & Trackers, Smart Home, Connected Smart Kitchen, Smart apps for home and office. They all nicely fit together to make the house a home.
Another industry for IoT could be for saving energy and resources. We all know we should try to conserve energy and resources like use less electricity, water and other resources, but actually it really is hard to discipline ourselves and change our habits especially when we can’t see the effects and outcomes we have caused in the long run.
A number of IoT products are developed to help this problem and use these resources to track and display real-time data to users as well as alarm us in any change or increase of usage in any of the energy and reserve, and by automating the operation of lights, appliances and heating and cooling systems, it helps reduce consumption of electricity and energy in general. Some examples of these products are: smart plugs & sockets, smart Irrigation controllers and trackers, smart thermostats, wireless home energy monitors.
In conclusion, IoT service and the benefits it offers in our modern world is a great breakthrough in innovating our lives, as it is the next level of automation of every possible object in our life. This discovery may also be a stepping stone that brings new technologies that will make implementation and practice a lot easier and faster, which in turn will also improve our lives at home, work or in between. We could expect a lot more things to arise in the digital and modern world that could lead to more advancement of technology and more unlimited possibilities to the applications of real life in the near future. For a better understanding of IoT and the services and benefits it offers, visit www.xyzinternet.com and be up to date in any new technologies coming your way. Whether you’re a homeowner looking for a way to improve your lifestyle and home entirely, this is the technology for you.