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Celebrating World IoT Day [Infographic]

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  • Mindgrub
April 09, 2020
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World Internet of Things (IoT) Day was established on April 9, 2010 by the IoT Council to raise awareness for IoT, keeping the dialogue open about current IoT capabilities and future innovations.

With many of us staying home to slow the spread of the new coronavirus (SARS-CoV-2) and the disease it causes (COVID-19), we’re grateful to have the internet and IoT devices. Now’s a good time to think about how it all works and what innovations could help improve our lives under situations like this, especially as the demand for energy continues to increase exponentially and the effects of global climate change intensify.

In celebration of World IoT Day, let’s take a glimpse into what’s happening with IoT.

Happy World IoT Day! What is IoT? A network of physical devices connected to the internet with sensors, software, and other electronics. Examples: 1) Home or office automation with connected smart devices, 2) Remote patient monitoring via biological sensors that communicate information to the patient’s physician, 3) Machine to machine communication using Wi-Fi infrastructure in a factory or industrial facility, 4) Energy efficient products controlled by power sensors. Stats: 94% of executives report digital transformation as their company’s top strategic initiative; 25B connected things by 2021; 850 Zettabytes generated by all people, machines, and IoT devices by 2021; $11T economic value of IoT by 2025.Future Innovations: 1) Edge Computing: More IoT devices will employ edge computing, the ability to process and analyze data using the device’s own software or local server (rather than sending it out to centralized or cloud servers). Benefits of edge computing: Security, Reduced latency, Reliable operations, Reduced energy consumption, Cost effective. 2) Technological Singularity: Through advancements in tech, artificial intelligence will rapidly advance and be able to upgrade itself, becoming self aware and much more intelligent than humans. There will be no distinction between human and machine. 3) Smart & Underwater Cities: Cities will save time and money using smart tech such as gunshot detection systems, visitor kiosks, pollution detection systems, surveillance tools, and smart energy devices. Example: Shimizu Corporation plans to create deep sea cities called Ocean Spirals by 2030 An estimated cost of $26B; 16,400 ft below sea level; 100% renewable energy - massive turbines will draw power from waves, current, and tides; Sustain 5,000 people in the sphere. Sources: Cisco | Redefine Connectivity By Building A Network To Support The Internet Of Things; Deloitte Insights | Industry 4.0 Challenges On The Path To Digital Transformation; Forbes | The Cutting Edge Of IoT; Gartner | Gartner Identifies Top 10 Strategic IoT Technologies and Trends; McKinsey & Company | How Can We Recognize The Real Power Of The Internet Of Things?; Shimizu Corporation | Ocean Spiral, Deep Sea Future City Concept

Interested in learning more about IoT? Check out this article on mobile app integrations. 

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