It has been quite some time since IoT has set its foot on the technology ground. However what is the next wave of innovation to be caught by Internet of Things! Let’s see what is the future of IoT?
Gartner predicts that there will 26 billion smart products will be connected to each other by 2020.
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Of course that’s a huge number, but we definitely need to know what all things are coming in IoT in future. We definitely have accepted the term ‘IoT’ as the acronym for ‘Internet of Things’, but is it exactly what we understand? Perhaps we need a clearer perspective. The ‘Things’ in IoT cannot be called as things as these are more of ‘smart devices’ connected through the Internet. But having said that, it would be surprising to know that still there are devices that require a physical connection to get connected to the Internet.
It clearly specifies that IoT has a huge scope in the digital market and getting training in IoT will definitely benefit the aspirants to soar in their career. One of the pioneers in this field is Intellipaat which is constantly striving to make IoT a core skill to be acquired by beginners and experienced professionals.
Advancements in IoT are expected to happen in following untapped areas:
Trend 1# Products to Become Smarter
With the present inefficiency in connecting the devices, technical communication barriers and less analytics-ready technologies, we can definitely expect smarter devices to come emerge in future. A device that will be able to keep pace with the changing digitization will possibly be a mobile device, with an ability to support analytics. These devices will be remotely connected and social in nature making them accessible to other devices.
Trend 2# Simple Devices to Incorporate IoT
Though big data firms are racing to integrate complex and smarter devices with IoT, it will be of no use if the end consumers cannot get benefitted from it. The only solution to this technology barrier is incorporating IoT functionalities into the simpler devices that end users can operate. Therefore we can definitely expect to IoT to be embedded in our clocks, electronic gadgets, and home appliances in future.
Trend 3# Connecting Humans with IoT
Though it sounds funny, but it is fact. A few years from now and IoT will be connecting not just the devices but the humans to the devices too. A Swedish tech firm Epicenter has invented a tiny chip to be implanted inside the employees, through which they can operate printers and scanners, unlock the doors, opening and closing files, and buy products with just a wave of the hand.
Trend 4# Security to Be a Big Concern
With so many devices getting exposed to each other and the data being transferred from one end to another, the confidentiality of data is likely to be compromised. While this concept is going to bring a revolution to the technology landscape, the risk of security breach is also going to rise. With the proper attention paid to the transparency provisions, this risk can be reduced to a great extent.
Trend 5# IoT data and Digital Marketing
Though these two seem to have no connection with each other, but in fact they are quite connected. Like Big Data has populated the social media platform with advertisements, IoT can be an extension of this practice. The data collected with the help of smart devices connected through internet or cloud will obviously help the digital marketers get deep machine data and use it for targeted digital marketing.
Trend 6# Machine Learning to Get Broader Scope
From the above points it is clear that IoT will influence almost every aspect of human lives but an important perspective is that Machine Learning is going to play a huge role in that. The automation of activities has always been an exciting thing, however with the help of Machine Learning and Artificial Intelligence, it is going to increase at an exponential rate.
IoT is an emerging concept and there is not an iota of doubt that the above discussion is just a hint of how a completely digitized economy will look like. Moreover looking at the growth of smarter technologies, that time is definitely not very far from now!
Sonal Maheshwari has 6 years of corporate experience in various technology platforms such as Big Data, Data Science, Salesforce, Digital Marketing, CRM, SQL, JAVA, Oracle, etc. She has worked for MNCs like Wenger & Watson Inc, CMC LIMITED, EXL Services Ltd., and Cognizant. She is a technology nerd and loves contributing to various open platforms through blogging. She is currently in association with a leading professional training provider, Intellipaat Software Solutions and strives to provide knowledge to aspirants and professionals through personal blogs, research, and innovative ideas.