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6 Trends in the Internet of Things

Release Time:

2021-08-26

Now, let's take a look at the technology trends and innovation examples of the Internet of Things.1. Increased Internet of Things applicationsSince smart products offer significant benefits, such as efficiency and less manpower, many industries are starting to incorporate this technology into th

Now, let's take a look at the technology trends and innovation examples of the Internet of Things.

1. Increased Internet of Things applications

Since smart products offer significant benefits, such as efficiency and less manpower, many industries are starting to incorporate this technology into their products.

One everyday example is wearable fitness and health trackers.

They monitor important indicators like heart rate, sleep and caloric intake, and tell us how healthy we are. Some wearables can even connect to third-party apps to share a user's condition with healthcare providers.

Another example is home automation, such as the Nest Thermostat, which helps save energy by automatically setting the temperature based on the user's preferences.

2. Artificial Intelligence and the Internet of Things

The Internet of Things works like a "human body" through connected sensors. However, relying on this technology alone requires a lot of effort for advanced data analysis.

As a result, AI is beginning to act as a "human brain", analysing the data collected from sensors and deciding on further action.

A good example of AI and the Internet of Things working together is self-driving cars. Sensors in the Internet of Things will detect road, traffic and parking conditions, while AI will analyse the situation and run the car at the best speed to ensure a smooth ride.

3. Edge calculation

Edge computing shortens the distance between the data processing and the iot devices that generate it. As a result, data can be transferred faster as the two locations get closer together.

The use of the Internet of Things in oil refineries is a good example. The sensor in the control valve can detect dangerous high pressure in the pipeline, and then inform the staff in a timely manner or self-treatment (close the valve or pressure relief).

If the data processing device is far away from the sensor, the automatic shutdown command may be too late. However, if the processing equipment is placed closer to the sensor, the gap is shorter and the automation is faster.

4. The Internet of Things supports retail

During the COVID-19 pandemic, many brick-and-mortar supermarkets were temporarily closed due to stay-at-home orders. Despite the struggles they have had to face, the epidemic has also prompted many retail owners to embrace digital technologies such as the Internet of Things.

A good example of the Internet of Things in retail is Amazon Go, Amazon's fully automated supermarket.

It reduces human interaction by using automated checkout. Customers only open the Amazon Go app when they enter the store, and then sensors inside the store add the item to the virtual cart within the app each time they pick it up.

5. Improve network security

As more and more devices are connected to the Internet, individuals and companies are becoming the targets of cyber attacks. Fortunately, these conditions have also made them more concerned about protecting data.

Around the same time the Internet of Things took off, more than 60 percent of organizations began improving their cybersecurity protections. Their efforts include recruiting IT experts and deploying iot based technologies, such as security posture and advanced identity and access management.

6. Strengthen data analysis

Iot data analysis involves data sets collected by sensors. That is, the technology will only start the analysis once the data has been collected.

An example of data analytics using the Internet of Things is Disney's Magicband wristband. When visiting Disneyland, guests must wear the wristband, which functions as a ticket, hotel room key and credit card.

The wristband will connect to thousands of sensors inside the park, letting Disney know where guests are and what they need. It could help Disney make smarter decisions, such as advising guests to take another ride or adding extra staff to crowded areas.

Benefits of the Internet of Things

Here are the main benefits of using this technology:

Improve operational efficiency. The Internet of Things can perform repetitive and time-consuming tasks and automate them.

Minimize manpower. Internet of Things products, such as smart home devices and self-driving cars, help simplify People's Daily tasks.

Reduce costs. Many companies with iot have reduced labor and other costs caused by human error.

summarize

The Internet of Things (IoT) refers to a system of interconnected devices connected to the Internet. It involves cloud platforms and sensors in devices to work.

Various industries, such as retail and home amenities, use the Internet of Things, and they use the technology for their products and operational processes. Some industries are even combining it with other technologies, such as artificial intelligence and big data.

The Internet of Things can bring benefits in a number of ways, including efficiency and cost. Therefore, it is quite likely that more and more iot devices will be launched in the near future.

Reprinted in the House of Things