IoT: Smart technology of smart generation

This is the golden age of IoT which will impact industries around the globe in 2021? IoT is everywhere today, making an impact on how we work, talk and engage with others.

Reports show that there will be 35 billion IoT devices installed worldwide by 2021 and 75.44 billion by 2025.

The internet of things (IoT) has in a general sense changed the model of the connection between wise services, real-life objects, for example, electronic gadgets and home machines, and individuals, helping us improve our way of life.

For people, these internet of things trends assumes an essential function in improving expectations for everyday comforts through e-wellbeing, smart home, and learning solutions.

For endeavors and organizations, IoT trends show themselves through beacons, savvy gracefully chain, remote monitoring, and coordination.

Current IoT trends encourage advanced manufacturing, smart production, and better user interaction in the industrial environment.


To prevail these IoT trends, many technologies have attached to it and giving impressive experience in every domain.


IoT

Artificial Intelligence is the fundamental ingredient needed to make sense of the vast amount of data collected these days, and increase its value for the business. AI helps IoT data analysis in the following areas: data preparation, data discovery, visualization of streaming data, time series accuracy of data, predictive and advance analytics, and real-time geospatial and location (logistical data).

The major cloud vendors, including amazon, microsoft, and google, are increasingly looking to compete based on their AI capabilities. Various startups hope to increase their market share through AI algorithms able to leverage machine learning and deep learning, allowing businesses to extract more value out of their ever-growing volumes of data.


Voice User Interface (VUI)

It’s a battle among industry leaders who would like to dominate the market of IoT at an early stage. Digital assistant devices, including Homepod, Alexa, Siri, and Google Assistant, are the future hubs for the next phase of smart devices, and companies are trying to establish “their hubs” with consumers, to make it easier for them to keep adding devices with less struggle and no frustrations.

Voice represents 80% of our daily communications, taking a chapter from sci-fi movies, talking to robots is the common way of communications, R2D2, C-3po, and Jarvis to name a few. the use of voice in setting up the devices, change that setups, giving commands and receiving results will be the norm not only in smart houses, factories but in between like cars, wearables for example.


Blockchain

It offers new hope for IoT security for several reasons. first, blockchain is public, everyone participating in the network of nodes of the blockchain network can see the blocks and the transactions stored and approves them, although users can still have private keys to control transactions. Second, blockchain is decentralized, so there is no single authority that can approve the transactions eliminating single point of failure (spof) weakness. Third and most importantly, it’s secure—the database can only be extended and previous records cannot be changed.

Manufacturers will recognize the benefits of having blockchain technology embedded in all devices in the coming years and compete for labelSs like “blockchain certified”.

The internet of things (IoT) is one of the fastest growing technological revolutions the world has ever seen, with billions of devices connected in homes, smart factories, offices and even in remote locations. Our lifestyle is going to be transformed very soon with the existence of this technology.

© 2020 Performix

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