This document discusses the Internet of Things (IoT). It defines IoT as billions of devices, sensors and chips that are able to communicate via the Internet to create smart environments. Key trends in IoT include machine-to-machine communication, new IoT apps, big data, cloud computing, and wearables. IoT is expected to have a big impact, generating over $300 billion in revenue by 2020 and $8.9 trillion globally by that year. The document also notes the author's interest in areas like home and building automation for an internship.
2. Introduction
Billions of devices, sensors, and chips that
are able to communicate via the Internet
makes up “The Internet of Things”
A world where the real, digital and the
virtual are converging to create smart
environments that make energy,
transport, cities and many other areas
more intelligent.
3. Internet of Things is a new revolution of
the Internet. Objects make themselves
recognizable and they obtain intelligence
by making or enabling context related
decisions.
New types of applications can involve the
electric vehicle and the smart house, in
which appliances and services that
provide notifications, security, energy-
saving, automation, telecommunication,
computers and entertainment are
integrated into a single ecosystem with a
shared user interface.
4. Trends
Machine to Machine (M2M): Sensors and
devices talking to each other and data
centers via wireless communications.
IOT Apps: New apps required to integrate
sensor based data into business applications
Big Data to get Bigger: These ‘things’ (sensors,
chips, computers) will produce even more
data than we have now, taxing our already
complex enterprise Information Management
systems.
5. Clouds Required: Aggregating all this big
data and acting on its findings will best be
achieved by capturing, analyzing and
responding from the cloud.
Wearable's: In 2014, the consumer buzz
will be around wearable devices,
including glasses, watches, and
health/fitness monitors. Enterprises will
integrated wearable's into future
strategies
6. Big Impact
“IoT product and service suppliers will
generate incremental revenue exceeding
$300 billion, mostly in services, in 2020.” –
Gartner
“IoT technology and services spending to
generate global revenues of $4.8 trillion in
2012 and $8.9 trillion by 2020, growing at a
compound annual rate (CAGR) of 7.9%.” –
IDC
Home and building automation system is also
expected to make a big impact in next 5
years because human being is becoming lazy
and technology more sophisticated.
7. Interest Areas
There are various areas in which i have interest in
some of them are:
Environmental monitoring
Infrastructure management
Medical and healthcare systems
Building and home automation
If I given an internship in this area, I will intend to
work on “Home Automation systems” because
nowadays we want everything to be automatic.
We want machines and devices to work with least
human intervention, to achieve that building a
common platform for those systems is necessity.