2020 Vision IoT
The "Internet of things" (IoT) is becoming an increasingly growing topic of conversation both in the workplace and outside of it. It's a concept that not only has the potential to impact how we live but also how we work. But what exactly is the "Internet of things" and what impact is it going to have on you, if any? There are a lot of complexities around the "Internet of things" but I want to stick to the basics. Lots of technical and policy-related conversations are being had but many people are still just trying to grasp the foundation of what these conversations are about.
Let's start with understanding a few things.
Broadband Internet is become more widely available, the cost of connecting is decreasing, more devices are being created with Wi-Fi capabilities and sensors built into them, technology costs are going down, and smartphone penetration is sky-rocketing. All of these things are creating a "perfect storm" for the IoT.
So What Is The Internet Of Things?
Simply put, this is the concept of basically connecting any device with an on and off switch to the Internet (and/or to each other). This includes everything from cellphones, coffee makers, washing machines, headphones, lamps, wearable devices and almost anything else you can think of. This also applies to components of machines, for example a jet engine of an airplane or the drill of an oil rig. As I mentioned, if it has an on and off switch then chances are it can be a part of the IoT. The analyst firm Gartner says that by 2020 there will be over 26 billion connected devices... That's a lot of connections (some even estimate this number to be much higher, over 100 billion). The IoT is a giant network of connected "things" (which also includes people). The relationship will be between people-people, people-things, and things-things.
How Does This Impact You?
The new rule for the future is going to be, "Anything that can be connected, will be connected." But why on earth would you want so many connected devices talking to each other? There are many examples for what this might look like or what the potential value might be. Say for example you are on your way to a meeting; your car could have access to your calendar and already know the best route to take. If the traffic is heavy your car might send a text to the other party notifying them that you will be late. What if your alarm clock wakes up you at 6 a.m. and then notifies your coffee maker to start brewing coffee for you? What if your office equipment knew when it was running low on supplies and automatically re-ordered more? What if the wearable device you used in the workplace could tell you when and where you were most active and productive and shared that information with other devices that you used while working?
The reality is that the IoT allows for virtually endless opportunities and connections to take place, many of which we can't even think of or fully understand the impact of today. It's not hard to see how and why the IoT is such a hot topic today; it certainly opens the door to a lot of opportunities but also to many challenges. Security is a big issue that is oftentimes brought up. With billions of devices being connected together, what can people do to make sure that their information stays secure? Will someone be able to hack into your toaster and thereby get access to your entire network? The IoT also opens up companies all over the world to more security threats. Then we have the issue of privacy and data sharing. This is a hot-button topic even today, so one can only imagine how the conversation and concerns will escalate when we are talking about many billions of devices being connected. Another issue that many companies specifically are going to be faced with is around the massive amounts of data that all of these devices are going to produce. Companies need to figure out a way to store, track, analyze and make sense of the vast amounts of data that will be generated
So what now?
Conversations about the IoT are (and have been for several years) taking place all over the world as we seek to understand how this will impact our lives. We are also trying to understand what the many opportunities and challenges are going to be as more and more devices start to join the IoT. For now the best thing that we can do is educate ourselves about what the IoT is and the potential impacts that can be seen on how we work and live
to 2020. Leading passives suppliers in the industry will need to meet supply challenges and help their customers to stay up-and-running.
LPWAN is a wireless, wide area network technology that interconnects low-bandwidth, battery-powered devices with low bit rates over long ranges. Low-power wide-area networks (LPWANs) are a battleground right now, not just involving major telecoms companies and mobile operators, but a number of new players eager to bypass the traditional networks.
interesting that a recent report I read claims that the latter is already outstripping the established network types such as narrowband IoT (NB-IoT) and LTE-M. The figures showed that LPWAN providers, such as the European providers , accounted for 84% of connections just a recently.
But will we see the LPWAN bubble burst over the course of 2020? Is there a possibility that enterprises will begin to realize that, beyond their prototypes, LPWAN is going to prove to be expensive and I don’t think it won’t actually offer the coverage required by global business requirements? However, I think it does have it’s business case and it’s being tried and tested globally with success.
5G is probably the most anticipated network upgrade of 2020; it is apparent that it has something in store for the IoT sector also. 5G will support an increased number of device interconnectivity that will move the IoT innovations further into the future. The VoLTE technology is for calls over an LTE network, while Cat-M1 technology is to connect M2M machines over an LTE network. I think Cellular and wireless chip providers need time to implement Cat-M1 into modules that could be used for IoT applications; this will be done probably by the end of this year. 5G will allow gathering, managing and analysing data in almost real-time. 5G will expand the IoT sector into areas where bandwidth speed is a crucial aspect of working.
The Digital race of IoT sector and businesses adopting it are making a run for the finish line If you want to catch up to the corporates then these top IoT trends this year will be of great help. Lone wolves won’t succeed with IoT. This is a team sport.