IoT, Internet of Things has been talked about a lot in the past few months. Some consider it to be the next big thing while some regard it as the future of digital parlance. It has been one of the prime subjects from the technology domain with so much hype. But, does everything that circulates around the web related to IoT is true? Or are they misbeliefs blindly followed by people?
We decided to find out and dig in deep with numbers, figures and some stats to justify our point. IoT is referred to the connected world of devices where interaction between these devices make magical things happen.
Starting from computers to laptops, from mobile phones to tablets, from smartphones to wearables, from smart homes to smart cars or even cities, the world is evolving at a rapid rate. And it’s not just things we are referring to here, but the data being produced with their usage.
It’s the Number Game.
- By 2020, there will be around 4 billion connected devices
- By 2020, more than 25 million applications will be up for download
- From 2003 to 2010, the number of connected devices increased by 2250%
- More than 50 trillion GBs of data will be produced by 2020
- Sensor prices have come down considerably from $20 to $5 in the past decade
The core idea behind IoT is not just to connect the world by devices, commonly referred to ‘things’ but to generate meaningful information from the gathered GBs of data. The insights can thereby help in making wise decisions, effective marketing strategies and take a leap to achieve big.
Related Source: Building Mobile Apps for IoT Devices
Myths to be banished are as follows:
IoT Connects the World
With technology being so matured over the years, it has become possible to have connected devices. But, IoT doesn’t connect the entire world but some devices to other devices like a fitness band to the smartphone, car sensors with different equipment inside the car, light sensors in homes with security systems/alarms and more. Security is the major challenge faced by the industry right now that requires experts to work day-in and day out to achieve the most feasible option.
Data Leak is Prominent
Although, the industry is facing a challenge related to security but that doesn’t mean data is stored in an unsecured fashion. Organizations do enough to maintain high-security standards and take care of the transmitted information across different channels. Methods like unique identifiers, secured socket layer, authentication control and reliable OSes are used to prevent unwanted breaches.
IoT is the Technology Depicting Future
This myth is widely popular among the users, but the truth is another way round. IoT isn’t the future technology but an improved version of techniques used in past/present to evolve as fresh with new capabilities and features for use. IoT is nothing but sensors put to use in an efficient manner and we aren’t afar from sensors. In our daily lives, we use smartphones which possess a number of sensors including the fingerprint sensor, microphone, proximity sensor and a lot more.
IoT is Limited to Connected Devices and Apps
Another arguable point is that people believe IoT is limited to the connected world, but in the real sense, it is much bigger than this. IoT is about the tonnes of GBs of data being produced by the devices. The data generated is later used for analysis for future growth strategies and tactics.
Predictions state that this year would see connected devices to go bigger by 30% than observed back in 2015. The rate at which this domain is growing is truly enormous. To attain success, it’s important to get in touch with an experienced group of mobile app developers who can take things forward for you.