Coined by Kevin Ashton, co-founder of MIT’s Auto-ID Lab, The Internet of Things (IoT) is connecting things to the internet like a doorbell, thermostat, refrigerator, and other smart home connectivity. The integration of IoT has been rapid and seemingly smooth.
Consumers don’t think twice when it comes to purchasing an everyday item that can connect to the internet. What does this mean? People are putting more of their data out there, and there are going to be more IoT devices to come. As the network and technology industries grow, the cheaper IoT devices will be to make.
This growth in global IoT spending, which is estimated to push past $1 trillion by 2022, is largely driven by use cases in discrete manufacturing, process manufacturing, transportation, and utilities, highlighting the ever-increasing relevance of industrial IoT solutions.2019 Internet Of Things 50: IoT’s Next Chapter By Dylan Martin
This innovation in technology is heading beyond the smart home and into the manufacturing and healthcare industries. Using the internet to control machines allows better and more efficient performance. In addition, IoT devices will maintain data and records. The idea being that two large branches of businesses, such as these, will serve better for efficiency and production cost.
With leaps and bounds of something consumer-oriented, developing into medical and production trades, IoT demands to be apart of the future. In correlation with the development of 5G networks (which is faster than the current 4G LTE network), these technologies will coincide in growing to be the next advancement in tech.
It’s been said by 2019 that 87% of healthcare organizations will have adopted IoT technology. […] smart pills, smart home care, personal healthcare management, electronic health records, managing sensitive data, and an overall higher degree of patient care.Five IoT Predictions For 2019 by Daniel Newman
Where does all this potential lead us? The Internet of Things will continue to grow and advance as people consider these things to be a necessity in everyday life. There is speculation of the possibility of a “Smart City” or “Smart Common Areas” in cities. Although the conversing to smart homes and offices are starting to grow, the vision of a smart city has many miles to trek. There is still the matter of cybersecurity, and the effect these things will have on the society it surrounds.
IoT and 5G innovation have people excited, concerned, curious, yet uncertain. There is still much to debate about where these technological advancements will take us, one thing is for certain, the Internet of Things is here to stay.