IoT

In Blog ,  IoT

Internet of Things (IoT) refers to the different physical devices all around the world that collect and share data after being connected to the internet. With the help of wireless networks and cheap processors, that are readily available nowadays is possible to turn almost anything to be a part of IoT. IoT enables, devices to communicate real-time data without the humans being involved, thus adding a level of digital intelligence to the device which otherwise would be dumb.

In Blog ,  IoT

When we think of technological advancements, it simply endless.

This is an era of “smart objects” created by implementing the Internet of Things(IoT ). Here let’s take a look at the best IoT Platforms to build your projects.

What Is IoT?

IoT is a network of devices that are interconnected with each other through the internet. All over the world can be turned into an IoT with the help of processors, wireless networks, sensors and physical devices. It works by collecting and sharing data that enables devices to act with a certain level of intelligence and communicate without human interference.

In Blog ,  IoT

IoT is the most-talked-about technology in every part of the world. And it is predicted that the IoT wave will catch up the global IoT market to $457B by 2020, attaining a Compound Annual Growth Rate (CAGR) of 28.5%. Thereby the leading enterprises from various Industrial sectors are keen on adopting IoT and its long-term benefits. And here is a look on interesting findings from Bain’s latest IoT research: Unlocking opportunities in the internet of things.

Findings From Bain’s Latest IoT Research Brief

Bain forecasts the combined markets of the Internet of Things (IoT) will grow to about $520B in 2021, more than twofold the $235B spent in 2017.

Data center and analytics will be the fastest growing IoT segment, achieving a half Compound Annual Growth Rate (CAGR) from 2017 to 2021.

In Blog ,  IoT

IIoT (Industrial Internet of Things) is fairly a new concept for industries and it is presenting a huge opportunity in helping enterprises to operate more safely and productively while improving efficiency and reducing costs.

Forbes Insights recently surveyed more than 500 executives and, when asked about their greatest challenge in building out their IoT capabilities, 29% said it was the quality of IoT technology. This isn’t surprising. In some cases, IoT platforms must support thousands of vendors, dozens of standards, and be able to scale to millions of devices, together sending and receiving billions of messages.

Still, many companies facing problems with the adoption of industrial IoT without knowing where to start and which automated processes will contribute to the highest increase in effectiveness. And each IoT story varies.

In Blog ,  IoT

“Digital disruption is all around us and it’s having massive implications for business. Digitization and the expansion of the Internet of Things is a catalyst for growth, which is driving new economic models and enabling organizations to remain competitive and embrace the pace of change happening globally. This report clearly demonstrates that digitization and the IoT will deliver long term efficiencies and growth opportunities across a wide range of industries,” commented Chris Dedicoat, president, EMEAR for Cisco.

There’s no wonder on hearing more and more about the Internet of Things (IoT).

Cisco is predicting that by the year 2020, the IoT will comprise more than 30 billion connected devices and it would take a lifetime to manually analyze the data produced by a single sensor on a manufacturing assembly line.

That means, it is supposed that each “Thing” we encounter in our daily and professional lives could potentially be connected within the next couple years.