The Internet Of Things i.e. IoT, basically refers to a system of interconnected computing devices, mechanical and digital machines, in order to share data and information with other things. These connected things have unique identifiers (UIDs) and have the ability to transfer data over the Internet, without any human interaction.
For real-world IoT (Internet Of Things) examples, you can look upon a smart home that automatically adjusts heating and lightning. Organizations are using this system more efficiently to understand the value of the business and deliver improved customer services.
History of IoT (Internet Of Things)
Entrepreneur Kevin Ashton, the co-founder of the Auto-ID Center at MIT, was the one who coined the term ‘Internet of Things’. Back in 1999, in a presentation, he used the phrase for the first time and the name has made its way since then. Ashton, being a part of the team discovered how to link things to the Internet through radio-frequency identification (RFID) tag.
Though Ashton coined the term in the late 90s, the concept of IoT (Internet Of Things) had been around. Moreover, machines have been communicating with each other since the first telegraphs were introduced in the late 1830s. Then in 1982, the first internet appliance was a Coke machine at Carnegie Mellon University.
Apart from that, this is considered an evolution in machine-to-machine (M2M) communication. This is because using the university’s local Ethernet or ARPANET, students could check which drinks were stocked and whether they are cold. IoT (Internet Of Things) took M2M communication to the next level. It is also considered as a natural extension of SCADA (supervisory control and data acquisition).
Moreover, this category helps to gather data in real-time from remote locations. We have come so far with IoT (Internet Of Things) that we are more linked to IoT connected devices than humans. Also, we are glued to it may be because of the reason that it promises positive changes in fields like health, businesses, industrial performances, global environmental, and humanitarian issues.
How IoT (Internet Of Things) Works?
The working of IoT (Internet Of Things) consists of mainly three parts, a web-enabled smart device, a network, and a system that uses embedded processors. Moreover, the sensors gather, send and act on data they acquire from their surroundings. These smart devices share sensor data by connecting to an IoT (Internet Of Things) gateway where they send data to the cloud to be analyzed. All this work is done without any human intervention.
Although people can interact with the machines while setting them up or accessing data. This is how IoT (Internet Of Things) works in data management, streaming analytics, and big data analytics.
At present, Artificial Intelligence (AI) can multiply the value of IoT (Internet Of Things). Core techniques used by AI are machine learning, natural language processing, and computer vision. The connectivity and communication protocols used with these smart devices depend on the specific IoT applications deployed in the market.
Importance of IoT (Internet Of Things)
The Internet of Things has completely gained control over our lives by providing smart devices to automate almost everything. Right from our homes to companies or businesses, IoT has become an essential part. It gives a reality check of the performance of machines, supply chain, and logistics operations by delivering insights.
Internet Of Things i.e. IoT reduces labor expenses by automating several processes. In addition to this, IoT (Internet Of Things) helps in improving the quality of the service and provides transparency into customer transactions. Other than that, the web-enabled smart devices and their connected sensors reduce waste and energy consumption.
Today, IoT (Internet Of Things) is used in almost every industry which includes healthcare, finance, manufacturing, etc. Even the farming sector is now using IoT (Internet Of Things) to monitor crop and cattle yields and predicts growth patterns. It can also automate irrigation systems. Regarding the smart city, IoT (Internet Of Things) offers smart streetlights, and meters that help to monitor traffic, address environmental concerns and improve sanitation facilities.
Benefits of IoT (Internet Of Things)
IoT (Internet Of Things) enables an organization with the following benefits:
- First of all, the Internet Of Things monitors the overall business process and improves the customer’s experience.
- (Internet Of Things) allows access to information from anywhere at any time on any device.
- IoT generates more revenue. Obviously, transferring data packets over a connected network saves money and time.
- The Internet Of Things enhances employee productivity and helps to make better business decisions.
- It integrates and adapts business models to boost the progress of the businesses. It encourages the company to approach their businesses in different ways.
- IoT also provides tools to improve business strategies. Automating tasks helps to improve the quality with less human intervention.
The Future of IoT (Internet Of Things)
The future of the Internet of Things is expected to be limitless. Looking at its pace of progress, it can be predicted that it will continue to accelerate its usage in everyday life. Advances will be made in the business sector via increased network agility, and integrated artificial intelligence.
Moreover, this exciting wave of future IoT applications and devices will emerge to increase machinery interaction. It will enable new opportunities under remote learning. In simple words, IoT (Internet of Things) has the potential to become the next platform and the main interface to the real world.