The Internet of Things (IoT) is where objects, animals or
even people are provided with unique identifiers. While the IoT is still
taking shape, it’s already making incredible strides as a new frontier for the
connected world in which people, devices, environments and virtual objects are
all connected and capable of interaction using wireless technologies,
micro-electromechanical systems and the Internet. There’s a new wave of
technology platforms targeting the need to bridge these sophisticated
communications, as well as hardware manufacturers producing physical devices
and sensors to power the IoT.
A thing, in IoT, can be a person with a heart
monitor implant, a dog with a biochip transponder, a smart parking sensor
-- or any other natural or man-made object that can be assigned an IP
address and provided with the ability to transfer data over a
network. So far, the Internet of Things has been most closely associated
with machine-to-machine (M2M) communication in manufacturing and power, oil and
gas utilities. Products built with M2M communication capabilities are often
referred to as being smart. (e.g. smart label)
However this is just the beginning. Pockets of “Internet
of Things” solutions will occur in high-value manufacturing floors as the
emergence of technology in that industry has changed the face of operations.
Supervisory control and data acquisition systems in industrial processes in
conjunction with IoT will introduce significant cost reductions in
manufacturing operations, utilizing WLAN for interconnectivity, manufacturing
and distribution. As reported by Gartner, the IoT-installed base will reach 26
billion by 2020, with incremental revenue exceeding $300 billion.
Useful Links:
RCR Wireless 2015 Predictions
Zebra - IoT in Healthcare
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