Today at Mobile World Congress Ubiquity has participated at the “Enabling IoT Platforms” event. It has been an Impressive conference by Machina Research that is estimating By 2025, public and private enterprises will be spending over US$ 1 Trillion on IoT.
If you are interested to know what is IoT, here is the answer:
Based on a Forbes explanation IoT (Internet of things) is the concept of basically connecting any device to the Internet and/or to each other.
This includes everything from Tracking devices, coffee makers, washing machines, headphones, 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.
In a very broad sense, by the technology industry has been talking about the Internet of Things since the late 1990s. On a more tangible level, the Internet of Things has been in the technological discourse since about 2007. It took the mobile revolution to really jumpstart actual connected gadgets to the scene and it wasn’t until maybe 2013 or so when the Internet of Things became “real.”
We’ve seen about half a decade of development in connected gadgets. Which sectors are mature and which are the laggards of the industry?
In order of maturity, the hierarchy goes:
- Consumer/connected home
- Automotive/connected cars
We have identified the 3 most important trends of IoT, that are impacting business and technology in 2017:
- IoT and Mobile
More mobile moments (the moments in which a person pulls out a mobile device to get what he or she wants, immediately and in context) will appear on the connected device, right from home appliances to cars to smartwatches and virtual assistants.
- IoT, Artificial Intelligence, and Containers
The year 2017 would see Internet of Things software being distributed across cloud services, edge devices, and gateways.
- IoT and New Business Models
Business models for IoT must satisfy all the requirements for all kinds of e-commerce; vertical markets, horizontal markets, and consumer markets. A new business model including sharing cost of devices with consumers, reducing the cost of ownership and making UX less hassle and more joyful. 2017 will see new categories being added to smart markets
The Internet of Things is not one market but a set of overlapping markets with strong connections to the data center and analytics.
Forecasters predict up to 20 billion Internet of Things devices within a few years, generating 5 trillion gigabytes of data every year and creating more than $300 billion in opportunities for tech vendors, telcos and device makers by 2020.
IoT provides a secure channel which enables people to take care of their loved ones or their valuable items.
Through its new innovative product, Ubiquity provides its clients with an IoT device that can be easily integrated inside valuable items, such as luggage and bags, to track their position and ensure security.
Additionally can ensure the safety of children, pets and other loved ones by staying connected to them and their security.
Tag: internet of things