Top 7 IoT Trends of 2020: Harnessing the Power of Connectivity
IoT SolutionsIoT is the network of various devices and appliances connected and handled by a smartphone, desktop, or laptop. Its embedded computing system can determine each item that joined together.
IoT has affected every industry, from retail, smart appliances to Health care. It estimated that there are going to be 30 billion items combined with IoT devices since 2020. But with IoT devices, security concerns will increase some people using it increases.
Top IoT Trends of 2020
IoT at Core of Enterprise for IT Operations
Various organizations use the IoT ecosystem to connect multiple smart devices for their business. IoT can be integrated into the core operating systems hence its presence in the market will increase in the coming years.
With the help of IoT, it will be possible to connect appliances like vehicles and HVAC systems. We can also say that data is the fuel that powers the IoT application development & the organization can get or derive from it, which will be helpful for their long term success.
IoT in Retail, Health care & Supply Chain
IoT will grow in various fields, but most prominently, it is accepted to increase in Retail, Health care, and supply chain. With the help of IoT, we can efficiently manage the hospital system. IoT also allows us to connect patients in remote areas with doctors and nurses.
In retail and supply, chain sector Internet of things(IoT) helps to increase customer base and loyalty, offer a personalized experience, increase profits, and improve inventory management.
The IoT application has allowed the store managers to establish a new connection with the client and has implemented the short & direct journey that will improve the process of product maintenance and will create a long-lasting bond with the first time shoppers.
Connectivity options
We will connect different IoT devices with the help of Low-Power Wide Area Networks(LPWAN). We also know that IOT devices implemented with the connected sensors/ devices, so it requires connectivity, mainly when it uses the cloud environment.
Most of the IoT development companies use the cloud for data processing or to interact with the sensor or device through the user interface and transfer the data over the external network.
With the help of technologies like Narrowband IoT will reach a wider audience even to low connectivity areas at low cost. Hence more people can take advantage of IoT at low prices, and it can also arrive at places where Internet connectivity is low.
One of the best examples is a security camera. There is a streaming video which takes a lot of data, but there is a vast majority of the footage may be an empty hallway.
Smart cities
Due to rapid urbanization, smart cities can be the future of our society. If it happens, IoT will play a significant role in it. Because with the help of IoT, all of the devices that person posses controlled with the help of IoT apps. As better connectivity provided throughout the cities, then science fiction will be a reality soon.
Nowadays, smart cities are acquiring intelligent technologies to obtain energy-efficient and environment-friendly infrastructure. It is also providing solutions for the small and large towns, which is having the network and controlled via the central cloud platform.
Better data analytics
Every organization has seen the benefits of better handling of data for their organizations. They also know the benefits of better data analytics for their organizational strategies, Business Intelligence, and their plan to expand the business. With millions of IoT devices connected, their data must be massive, so to handle it, and we will require better analytics of data. We may use Hadoop for it.
Data analytics used to examine the big and small data sets which are having various data properties to get meaningful conclusions. The result you get will be in the form of patterns, trends, or statistics which aid that business organizations are proactively engaged with data to integrate an effective decision-making process.
IoT and Block Chains
With the support of Blockchain, all the transactions that a person makes are transparent. Blockchain also improves the security concerns for all the devices connected via IoT. Blockchain can transform the way we think about security.
The blockchain can maintain the duly decentralized trusted ledger for all of the transactions that occurred in the network, and it also enables the many of the compliance & the requirements of the IoT apps without the need to rely on the centralized model.
Iot and AI
AI is the process when the machine or the computer system can perform things usually performed by humans using their intelligence or memory. With the help of artificial intelligence, the user can set many IoT things to act automatically.
If you can merge these two technologies, it will enable the enterprise to achieve a significant digital transformation. By combining these, you do need not only the massive investment but also the new expertise and skills. These innovative technologies will give the maximum profit to business & it will function more efficiently.
Final Thoughts
IoT is slowly reaching in every field of business. IoT has specially made his presence felt in Health care, Retail, Supply Chain, and Smart Home. As all of IoT products connected with the help of the Internet, hence the problem of security has increased.
For solving out this problem, various solutions are provided, for example, robust encryption algorithms and Blockchains. As more people get connected with IoT devices, a significant amount of data produced, so to manage the data, companies are extensively using Big Data.
IoT is not just a buzz word in the technological world; various industries have already opted for it and are benefiting from it hugely. Hence we can say IoT apps have a bright future if you hire IoT developer who is having years of experience and has delivered many of the apps in multiple industries.