How the IoT builds the way to the future - A look at the opportunities and challenges facing the Internet of Things in the future.

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When the technology world is moving to the cloud, it's hard to imagine what it would be without IoT (the Internet of Things or the connection of many different devices and the exchange of data between them). As we enjoy using our connected devices and pouring large amounts of data into this "bag" called the IoT, it has grown to gigantic proportions. Such a huge system requires high technology and serious skills to continue to function. Do we have what we need to develop, maintain, and provide IoT protection?

One of the main topics in the IoT space is the young age of technologies and services and the companies that provide them. Dealing with this "immaturity" and managing the risk it poses will be among the main challenges facing the use of IoT. In some technological areas, more skills are needed to overcome specific obstacles.

By the end of 2020, there are expected to be tens of billions of devices connected to the Internet. For this reason, technical challenges will undoubtedly increase and we will need effective technology and services to support IoT. As we move towards greater connectivity to synchronize and manage content, IoT is filled with data from around the world and from all sources.

The term "Internet of Things" was first used by Kevin Ashton in 1999 in the context of managing the flow of products and services. With the advancement of technology, the concept expands to a network of interconnected devices and other objects (e.g. buildings), which not only gather information from its environment and interacts with the material world (activation, control, management), but also thus uses existing Internet standards to provide services for information transfer, data analysis, applications, and communication. Its purpose is to make computers gather information without human intervention.

The fast and smooth exchange of information, easy access to it, and the seemingly endless capacity to increase it, as well as its usefulness for individuals and companies, create a wide range of IoT opportunities:

  • To have connectivity in all aspects - The level of connectivity will grow and we will soon witness the creation of a single IoT standard. This could be Google's Brillo Project (a special Android operating system for connected devices) or its competitor. This will give us full flexibility in accessing devices.
  • Evolution of the smart grid - IoT will be able to process information in a "more human" way and make technology easier to understand.
  • Emergence of a unified standardized ecosystem - With such a huge number of users and devices, a new standard becomes mandatory.
  • Smart cities and transport - Intelligent transport systems and services collect and process a wide range of data, improving the functioning and safety of transport infrastructure. With all the necessary information, creating new and more efficient smart urban systems is only a matter of time. As for technologies such as electricity, sewerage, and traffic lights, the authorities will implement IoT solutions to save money and increase the quality of municipal services offered.
  • Smart homes - Home automation and connectivity systems achieve higher levels of security and energy efficiency as well as greater convenience. They are especially useful for the elderly and those with disabilities. Imagine being able to adjust the temperature in your home, doors, and even the blinds and coffee maker through your smartphone, no matter where you are.
  • Ability to combine and analyze different types of data to make the best business decisions.
  • Evolution of personal devices and advanced hardware that will meet the needs of IoT.
  • Emergence of a new unifying platform - Connected devices will become cheaper, the number of applications will increase, and connecting to the Internet will cost very little. Gradually this will lead to the development of a horizontal platform for the unification of all components - a new operating system.
  • Operational optimization for better data handling of devices, by improving the model of machines or more precisely how they interact with people and reflect their actions.
  • Higher security measures - Since the IoT includes an increasing number of devices using processors, security will undoubtedly be a big challenge. Sophisticated security systems with encrypted communication will be created to prevent information attacks and those directly on the devices themselves.

IoT will grow and include more and more devices and more data. At the same time, its path of development is at the very beginning and there are many obstacles to overcome, such as in the areas of data storage and security. But one thing is for sure - this phenomenon will revolutionize the world we live in. The predictions made here about the use and development of IoT are just the tip of the iceberg. Given the "fertile soil", we can boldly chart the path of innovation and invention that this new era will bring us.

If you are planning the technological development of your business through your own mobile application, trust our team of specialists. Share your plans by making an inquiry.

Arun Goyal

Managing Director @ Octal IT Solution, a prominent Mobile App Development Company offering cutting-edge iPhone App Development and Android App Development services to Startups, SMEs and Fortune-500 Companies.

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