IoT – sounds good as a terminology and I was introduced to this during mid of 2015. I mean to say what it could mean in my life and career. With few clicks on web bundled up loads of information, whoever invented this terminology certainly needs a commendation.
The internet of things (IoT) is the network of physical objects—devices, vehicles, buildings and other items—embedded with electronics,software, sensors, and network connectivity that enables these objects to collect and exchange data.
Each thing is uniquely identifiable through its embedded computing system but is able to interoperate within the existing Internet infrastructure. Experts estimate that the IoT will consist of almost 50 billion objects by 2020.
To be fair to say it is still catching up in Europe, but IoT is everywhere in US – houses, cars, factories and mobile devices that captures what you do and where you are going. Not just collection of data, the communication between the devices and streaming into different business entitities which will choreograph them to respond to individual needs, mostly marketing but in some times save our lives too!
Any device that you are looking to buy has some sort of communication, such as smart televisions (TV) with motion sensors, with few clicks on your smart phone can control your house and detect any vulnerable activities in your house when you are other part of world, which is fully controlled by the Internet technology.
I’m sure I have read somewhere about comparing how many devices were connected back in 90’s were somewhere quarter-a-million and after a decade there were more than 2+ billion devices uses the internet and the prediction is there will be a 200% increase by end of 2020 in terms of how you classify devices as vehicles, wearables, mobile phones, entertainment devices and many more, simply connected to the internet.
Think about sharing some thoughts or pictures on a social networking, will reach to many in seconds and many times you will be prompted with some marketing promotions as well. Few may call this as an automation, few call this data privacy & disruptive technology – I would say it depends on how you can control your tracks to secure what you can share and what-not.
So you can see how data is transmitted and streamed across the world in a seamless manner, to take full potential of this data analytics one must deploy programmability to capture its full potential and pass-through. There are multiple stages where the technology can help us to derive at getting more devices onto the network, such as sensors, processors and data extractor. Then it is important to build a bridge between these devices to coordinate data transfer/streaming without any intervention. Although it is important to ensure connected-devices is important, so simple alerting mechanism would help to take pro-active action on any missing capabilities during this data extraction process.
The IoT will help us to accomplish control over and improvement within the life-span conditions, improvements and underlying process to extend average life-span. No doubt it will be used to delve into lazy way of dealing things with few clicks, but as an human being ONE must take the potential to extend natural abilities and experiences in longevity of their well being.
The imagination is not limited by the resources, but the ability to build a technology/process to capture right data at right time. Within the healthcare field, IoT and Big Data offers multitude of advantages and full-fold benefits. And this is were advancement is happening as we speak, again refering my thoughts about how Samsung devices are helping the invention of Smart-Pill and Smart-Bottles, which will assess the intake of medication and transmit information to your Doctor and alert relevant pharmacy when stock is falling short.
The technology leaders believe that IoT and Big Data is like two-sides of same coin!
Combining both there is bigger advantage of implementing privacy by-design to define whether or not data is shared to third-parties, be-transparent to let users know what data will be collected and processed, build user-consent with its definitive purpose and dashboards to let users to maintain their data and enable key inputs based on changes. I’m very intersted to see Capgemini Consulting’s recent report, Cracking the Data Conundrum: How Successful Companies Make Big Data Operational, among them analytics is key factor to keep up. This is also leading into filling a gap and cap about:
- finding right-skilled people to build the solution
- finding right-cause of business case
- finding appropriate-funding from the organisational heads
- finding right-coordination of big data technology and use of analytics
- finding right-route to build data governance and compliance
As you can see where I began the subject and where it is leading. Here is an infograpic about leading technology providers: