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IoT to Become the Most Connected Device
September 8th, 2017

IoT to Become the Most Connected Device

Hailee Franco

The Internet of Things is projected to surpass the entirety of mobile devices in 2018 and become the most connected device. “The overall growth of Internet of Things (IoT) is continuing an upward tren...

The Internet of Things is projected to surpass the entirety of mobile devices in 2018 and become the most connected device. “The overall growth of Internet of Things (IoT) is continuing an upward trend – growing at a 23% compound annual growth rate (CAGR) from 2015 to 2021.”

Internet of Things

According to Metering.com,

“The Internet of Things (IoT) implies interconnectivity on a massive scale between people, machines, sensors and anything that does anything.”

The IoT revolution started with smartphones and moving forward will make every piece of technology “smart”. Imagine the world with smart washing machines, copiers, and coffee pots. IoT technology exists already but moving forward it will be the norm in society.

How does it work?

IoT technology utilizes sensors to allow machines and technology to talk to one another and humans. These sensors measure, evaluate, track and interpret data. The data is transmitted over cloud-based apps to other technology and machines allowing them to work and “make decisions” together.

Impact on technology

IoT is changing the way we think and act. Like any technology advances, it comes with both advantages and disadvantages.

Advantages

  • Remote access to home-based technology. You can check in and change settings on your security systems and appliances from an app on your smartphone. Companies can use this to their advantage. Water and gas companies will no longer need to send reps to manually check meters.
  • Predictive analytics. Smart devices are programmed to notify you when supplies are low and need to be replaced.
  • Know everything’s location. Businesses gain access to their technology devices’ location at any time. You never have to question where valuable items are located or spend hours searching for them.
  • Automatic repairs. The need to call a printer or telephone maintenance service rep disappears with IoT. Your office equipment transmits data to the servicing company automatically notifying them when an issue occurs. The technology lets them repair from off-site or sends a tech instantly.
  • Understand user behavior. Companies utilizing IoT technology in their products gain data on how their products are used. This data is used to make future products stronger and beneficial to the user.

Disadvantages

Cyber breach/security. Hackers utilize technology as a resource to gain confidential information and ruin business reputations and individual lives. Possible cyber breaches include:

  • Malware and spyware.
  • Password theft.
  • Unauthorized access to confidential information.
  • Information ransom.
  • Re-sale of confidential information.

Safety concerns. Increased used of IoT technology by the healthcare industry places patients at risk for safety concerns. Devices like pacemakers will rely on data transmitted to track success and health concerns. If the device or sensor stops working, the patient risks catastrophic changes to their health.
Internet of Things technology is proving its place and securing its future in our data-driven world. It changes the way our society works, plays, and reacts to common occurrences. Soon it will be the most connected device, surpassing mobile devices by 2018.


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