The evolution of IoT is at the forefront of enterprises. Trying to maneuver the landscape ahead may be tough and for some, the road will be a bumpy ride if you do not have strategies in place to operate within this robust technological world of connectivity. IoT now and in the next few years ahead will deliver new advanced opportunities to further grow the footprint of what we now know IoT is in 2019.
Let’s begin by taking a brief look at what the world looked like in 1999:
- The Billboard 100 list had Livin’ la Vida Loca by Ricky Martin in their top 10
- We were gearing up for Y2K (Year 2000). Computer programs used the last two digits of the year, in this case, 99. The “so called problem” was when the year changed to 2000, the fear was 99 would change to 00 recognizing it as 1900 instead of the year 2000
- Floppy disks were used for computers to save files
- The Walkman was your go to portable media player to listen to music
- VHS tapes were still in the mix, but DVD’s were coming into the picture
- Nokia and Eriksson phones were all the rage
- The BlackBerry 850 was introduced with access to email and limited HTML browsing
And, last but not least, who can forget, America Online (AOL) used a dial up modem for Internet access, which connected through your landline. I can still hear the dialing sound, with the message that I was waiting for when checking my email, “You’ve got mail”.
Going down memory lane helps us put into perspective how far we’ve come in the past 20 years within technology and lead us to IoT Trends we currently have and, in some cases, can expect in the future. You must be thinking why I chose to begin my story in 1999. 1999 was the year Kevin Ashton while at Procter & Gamble coined the term Internet of Things (IoT).
Let’s look at a few IoT Trends:
5G. 5G network will eventually replace 4G LTE connections. 5G gives a higher data rate, connectivity, energy savings and cost reduction. It allows more devices to connect to the Internet at the same time. In April 2019, Verizon launched their mobile 5G network in limited areas in Chicago and Minneapolis. Their MotoZ3 isn’t 5G capable out of the gate and needs to be retrofitted with 5G connectivity. The Samsung Galaxy S10 also recently released, currently runs on Verizon’s 5G Network. Verizon’s intentions were good but seems to be lackluster to deliver. As the saying goes, over promises and under delivers with speeds often locking in at 4G. Beginning in 2018 and driving forward in 2019, businesses are focusing on implementing and upgrading their networks and infrastructure to support 5G. 5G will play a significant role in IoT and AI.
Artificial Intelligence (AI). AI must be combined and operated for Augmented Reality to come to fruition. First, let’s begin by defining a more familiar term, Virtual Reality (VR). VR is the complete immersion experience that allows the user to shut out the real world while augmented reality adds digital elements to a live view via your smartphone or glasses. Instead of just having the background in the park with people walking around you ─ now with AR ─ you can add an animated character to the image. In the future, while wearing AR glasses, you will be able to not just see the route you are driving in front of your car but in any direction you look. In medicine, doctors will use headsets that display vital medical data during procedures while in the grocery store you will be able to use AR glasses, to see prices, nutritional information and even get reminders about appointments you have that day.
Smart Buildings. People spend most of their time inside buildings whether it’s their residence, offices, factories, academic campuses or hospitals. The systems involved in smart buildings are evolving with each passing year. Smart building IoT connectivity can include, automated access control, security, lighting, HVAC systems, advance audio/visual systems and more. What can an audio/visual system do for you? It can be controlled by your mobile device and will enable employees to not only stream music but run presentations with a touch of a button. Another example of IoT connectivity would be lunch! No, it can’t prepare lunch for you, at least not yet, but it can make the process of getting lunch a whole lot easier with no human interaction needed! To buy your lunch, simply wave your phone across a contactless payment terminal, you are done and ready to go!
Big Data. IoT is generating data at an exponential rate. Big data platforms are needed to support the demands of large-scale data storage and for utilizing the accumulated information to make predictions and provide insights. Enterprises realize the value of data to make decisions that will keep them competitive while increasing their ROI.
CyberSecurity. In the last few years, businesses have anticipated and put in place steps to protect data against hackers. But is it enough? With evolving technology including IoT, the simple answer is no. The General Data Protection Regulation (GDPR) that came into law on May 25, 2018, is regulating the standards in communication for data processors and data controllers but in no way will stop phishing attacks, network spoofing and spyware. Businesses will need to review the security they currently have in place while trying to keep ahead of the game by re-examining their BYOD policies, desktops that are connected to mobile networks and IoT devices.
Sensors Networks. According to MarketsandMarkets, the sensor market will be worth $22.48 billion by 2023. Sensors can measure and record temperature, light, sound, speed, direction, pollutants in the air and can be even used to monitor patient’s health through ingestible pills. Sensors in the coming years will evolve and be able to monitor and gather more data while expanding their capabilities.
If you are looking to bring your IoT Strategy to market, look no further. Wireless Analytics is here to help deploy, connect and maintain your IoT product implementation. Visit Wireless Analytics and one of our Technology experts will reach out to you!