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Internet of Things – the Fast Evolving Reality

INTERNET OF THINGS 700D0 -The Fast Evolving Reality The Internet of Things is embraced and deployed at different speeds across various industries. However, the early adopters of loT believe that it is critical to competitive advantage! Internet of Things from connectivity to creating value Connecting loT devices with embedded intelligence Capturing data via sensors, tags and store them Focus on data access and transport Al and cognitive analysis of Big data Actionable insights gained by processing data Stakeholder benefits and experienced delivered via apps. loT - An upsurge of connected possibilities 2020 50.1B Billions of Devices 2019 ------------ 42.1B 50 2018 34.8B 2017 28.4B 2016 40 22.9B 2015 18.2B 2014 30 14.2B 2013 11.2B O 2012 20 8.7B 2003 ----- 0.5B 10 2009 loT 1992 1M Inception 00 1988 1992 1996 2000 2004 2008 2012 2016 2020 What are the benefits of Industrial loT? Operational efficiency 47%T Increase in productivity 31%↑ Asset lifecycle costs 18% Worker Benefits of safety 14% ↑ Downtime 28% Industrial loT New business Understanding of customer demand 9%T opportunities 29%↑ Asset utilization 27%↑ (Source: Morgan Stanley-Automation World Industrial Automation Survey, AlphaWise) loT in Personal Hygiene Now your toothbrush can be a data generator! Connectivity, Al and data sharing with dentists can improve your dental health. Top 10 Security Challenges of loT According to loT developer Survey 2017, security is the top concern for loT developers and the challenges are listed below: Secure constrained Authorize and 1 devices authenticate devices Manage device 3 updates Secure communication 55 Ensure data privacy and integrity Secure web, mobile, and cloud applications 7 Ensure high availability Detect vulnerabilities and incidents 9% Manage vulnerabilities 10 Predict and preempt security issues Intriguing Stats! Intel forecasts 200 billion intel connected device by 2020. Global loT spending will reach $1.29 trillion in 2020, up from $737 billion in 2016, as per IDC. General Electric predicts that loT will add $10 to $15 trillion, the equivalent of China's current economy, to worldwide GDP growth by 2030 The City of Barcelona saves $37 million a year due to Smart Lighting Technology of Connected Things. So, get ready to leverage the Internet of Things and unlock infinite opportunities for your business! References: HELIOS M SOLUTIONS

Internet of Things – the Fast Evolving Reality

shared by heliossolutions on Dec 22
IoT is a reality now & many industries are deriving its benefits! Read interesting IoT-related stats & facts in infographic by software development experts.


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