How Internet of Things Would Take You on OMG!!!

Today we will discussed about IoT(Internet of Things) what do an umbrella, a shark, a house plant, that brake pads in a mining truck and a smoke detector. What do they have in common? They all can be connected online and in fact they are, by 2022 it is expected that more than a trillion IoT(Internet of Things) sensors will be connected to the Internet.

Internet of Things

If all things are connected it will shift the way we do smart manufacturing and use resources and will eventually yield a massive amounts of sensor data but who owns this data and how safely will it be kept, around 22% of the world's cars will be connected to the Internet that's 290 million vehicles and by 2024 more than 50 percent of home web traffic will be utilized by appliances and gadgets rather than just for communication and amusement.

Internet of Things

In this scenario what if your car or your smart home got hacked. The IoT(Internet of Things) raises huge questions on privacy and security that have to be addressed by governments corporations and consumers. But if things are right it will also bring unparalleled efficiency to processes that will never again be disconnected.

Imagine dairy animals in a farm being checked to acquire health reports that will assist farmers with taking care of them better or following the behavior of complex modern hardware preventing accidents and shortening downtime for maintenance all kinds of gadgets will be able to accumulate and share any sort of information from their environment seamlessly organizing themselves to make our lives smarter and more secure.

A world where everything is associated will going to bring unlimited opportunities for most human activities but it will rely upon us whether we are going to utilize it or let it exploit us. Will day to be collected shared and store to improve our lives or will it be utilized to control us.

Risk of the IOT(Internet of Things):

The IoT(Internet of Things) depicts the ever-developing number of intelligent objects that are being associated with the application on Internet and one another. These frameworks are infiltrating the core of our critical infrastructure and are shaping the basis of current and future smart services. cell phones, tablets, wearable innovation and savvy home gadgets are now being adopted into our regular daily lives and they are beginning to appear on enterprise networks. As we keep to embed these interconnected objects and a more variety of wireless gadgets infiltrate enterprise infrastructures.

The security risks presented by the IoT(Internet of Things) is becoming increasingly unpredictable and may have genuine consequences. A portion of these risks are already emerging for instance numerous IoT(Internet of Things) gadgets in our homes can be associated with a smart sensor hub for easier setup in use. Unfortunately some of these smart sensor hubs contain serious vulnerabilities that could allow an attacker to walk up to the front door and unlock a smart lock that is connected to a smart hub. For specific smart hub products this is 100% certain if the attacker successfully gains access to our homes Wi-Fi network controlled. Vulnerabilities in these devices may also allow cyber criminals to search and locate these smart locks while driving around a city known as war driving. Attackers could then hack into the smart hub to see which devices are attached and even monitor the home through its security cameras by exploiting the security vulnerabilities. Hackers may become uninvited guests to our homes.

Internet of Things

Industrial IoT(Internet of Things):

The consumer internet connects about five billion devices. Think about all the new business models that came about all the changes in our lives. Now imagine we connect 50 billion devices to each other. Devices that are on manufacturing floors that run energy plans, that are on healthcare systems, what kind of value can they create and the world what kind of business models can happen through this. We need businesses to rethink their business models. The data start looking differently at your consumer relationship, the way you price your products, the way you provide the services and increasingly we see you do not pay for a product per se but increasing you pay for a service. 

You see increasing importance of these ecosystems that together start creating these tremendous new solutions that dramatically can improve people's lives. We can really increase the utilization rate of products today and utilization rate of cars is may be 15 percent. Half of the times used to search for parking spaces or standing in traffic jams. Using sensor data software we will be unable to automate driving we will bring up the utilization rate and I think the same might happen to the industry.

we will see devices that no longer fail or are repaired before the failure happens and that will change the way that we buy products, that will change the way we read products, that will change the way we think about products. In the past the focus was on automation of muscle work in the future software will really help us to automate knowledge work to come up with better decisions, faster decisions. The skill set required for jobs in manufacturing will dramatically change. We would see far more white collar workers in factories than what we today. We will see many products being offered as services. 

Some people estimate that the industrial IoT(Internet of Things) is as big as a entire economy. Capturing that benefit, creating the right framework, engaging the right parties is essential so that at the end of the day the benefits can out weigh the risks. There are some pretty significant questions that leaders with in those organizations have by coming together and sharing perspectives and understanding how others are thinking about these issues they can collectively come up with better approaches to be able to create the enabling environment as well as individually walk away with more forms position to make individual decisions. Determined to rethink products and services, reinvent business models and retrain and retool the work force. Doing this and more will be important to make sure that this trend the industrial IoT(Internet of Things) does not just deliver the business and economic advantage but also the human advantage. It's the people behind it that have the power to make it truly trans-formative.

I would like to thank you for taking the time to read it. If you enjoyed it, then share it with your friends to keep this blog growing and please leave comments below if this information is useful for you.

Post a Comment

Please do not enter any spam link in the comment box