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Opportunities and Challenges – Understanding of what the future holds for IoT

The Internet of Things is here to stay. The tide of the next industrial revolution cannot be stopped but here’s everything you need to know to help you navigate uncharted territory.

What can we expect to see?

Smart everything. Smart homes, smart cities, smart industries, smart farming and smart health to name a few. Smart devices will result in a lot more time and resources that will enable people to enjoy a better quality of life.

What are the pros of this IoTization?

Smart homes: With smart homes you can expect a much higher level of control over electricity usage, security level, health monitoring and assistance for the sick and the elderly.

Smart factories: IoT is ushering in the next industrial revolution and is going to give work processes a complete makeover. From preventive solutions to possible machine breakdowns or malfunctions, factories will move on to predictive solutions. IoT enabled devices can mine data in real time which will help trouble shoot glitches before or as soon as they happen. With performance monitoring, one can expect an efficient work process and a higher quality of output.

Smart cities: With IoT infrastructure in place, cities will be run in a smoother and more efficient manner. Real time monitoring will help run traffic smoothly by monitoring the movement of vehicles on the road and providing alerts and updates on which roads to take. Infrastructure can be monitored and alert citizens to any dangers that might crop up. Advance warnings about possible building collapses or any natural disasters will save many lives. The administrative system will also be much more transparent.

Smart health: Wearables and and non wearable IoT enabled devices are outfitted with the ability to continuously track health stats. Alerts are sent out when vital stats waver or unusual movement is detected. A timely alert message or a call for help can save many lives.

Smart energy saving: Numerous IoT devices are built specifically to save energy and also conserve power by its very function. A whole range of devices of different complexities exist to measure temperature, electricity usage and other power driven quantities. Some devices are equipped to control specific factors in a ‘smart’ way. Other devices function to reduce down time and increase efficiency which automatically results in power conservation.

Smart farming: Farming typically is carried out on large pieces of land. It becomes difficult to monitor devices that have to be remotely located. It becomes impossible to monitor them efficiently with the current systems. This changes with IoT enabled device that can monitor soil, water, air etc. It can send alerts on any malfunctions or problems that occur, thus saving crops, livestock and livelihoods as a whole.

What are the cons of IoTization?

A larger scope for data tampering unless infrastructure is designed with a keen understanding of IoT.

With such a high level of interconnectedness in devices, privacy levels are about to change. While an open system ensures transparency of governing bodies, individuals may find it hard to deal with reduced privacy.

Many human skills will become redundant to be replaced by digitization. However, the human element cannot be completely thrown out of the mix. New job opportunities will crop up though the transition period may need adjustment.

Life as we understand is going to change forever. But change is good because only change can bring better things in life.



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