Internet of Things

Victor Pluzhenko
Written by
Victor Pluzhenko
internet of things

IoT and it’s boundaries

The Internet of Things (IoT) connects devices into a computer network and allows them to collect, analyze, process and transmit data to other objects through software, applications or technical devices. Inside the IoT, people can communicate with "things".

IoT devices function independently, although people can configure them or provide access to data. IoT systems operate in real-time and use cloud platforms to which “things” are connected via WiFi or Bluetooth.

What does the Internet of Things consist of?

IoT consists of ABCDE: Analytics, BigData, Connection, Devices, Experience.

  1. Analytics is the key link in the functioning of the IoT, which connects the devices themselves and optimizes business processes.
  2. BigData allows you to automate existing processes or build new ones.
  3. Connection help devices receive and transmit information.
  4. Devices are "things" that have the appropriate message frequency in order to work properly.
  5. Experience is needed to analyze and rethink IoT`s work.

Where is the Internet of Things being used?

IoT reduces waste, improves service delivery, and makes manufacturing and logistics cheaper. The IoT can be found in almost all areas, from contextual advertising that tells the user where to eat lunch or get gas based on their current geolocation, to food delivery or car shopping.

  • In healthcare, the IoT is taking disease diagnostics to the next level, with smart devices monitoring patient health indicators in the background.
  • In agriculture, smart farms dosage fertilizers and water themselves, while smart animal trackers notify farmers in time not only about the location of animals but also about their health status by analyzing heartbeat, body temperature and overall activity.
  • In transportation, typical IoT solutions include smart fleet management, in which the vehicle connects to a local operating system for monitoring and diagnostics.
  • In logistics, IoT reduces trucking costs and minimizes the impact of human error.
  • The IoT is being actively adopted by the oil, gas and mining industries. In particular, the use of in-depth analytics on drilling wells helps the oil and gas industry increase production volumes at already depleted fields.
  • In retail, IoT allows brands and retailers to optimize costs and improve the customer experience through digital signage, customer interaction tracking, inventory management and smart vending machines.

Where is the Internet of Things being used?

IDC predicts there will be 55.7 billion connected devices worldwide by 2025. Average users, businesses and entire cities will increasingly use smart technology to save time and money. For example, refrigerators will be able to warn of impending food spoilage, traffic lights with built-in video sensors will regulate traffic depending on the traffic.

Right now, however, the key problem with implementing IoT is the lack of unified standards. Therefore, existing solutions are difficult to integrate with each other, and new ones appear slower than they could.