The twenty-first century is a century of technology. It is a perfect blend of stability, speed and growth. The changes in the world economy, the fight against terrorism, pandemic and various other factors, push us to find technological solutions to every problem and we are constantly working on finding new solutions to complex problems of the world. Problems that affect human beings, the environment and the future of our next generations.
The beginning of the 21st century was loaded with many surprising events. At the start, basic telephones surprised us with their capabilities, then cell phones looked like the most advanced innovation until now. Now, the situation is completely different due to the presence of the unimaginable powers of the Internet.
Search engines, social media platforms, millions of websites, applications and video streaming platforms and e-commerce platforms are now part of our daily life. We can perform any task within minutes whether it is online shopping, travel ticket booking, connecting with anyone all around the world or transferring money.
These technologies are not only beneficial to everyone but also help in increasing the quality of life of people. Artificial Intelligence, Machine Learning, Deep Learning, Data Science, IoT and Robotics, all are powering the internet from the back end. Day by day, these advanced technologies are improving and becoming more human friendly. One of the best things is that these technologies are aiming to provide a better user experience, better quality and better analysis of human behaviour.
The Internet of things is the future of the world. The Internet of things (IoT) describes physical objects (or groups of such objects) that are embedded with sensors, processing ability, software, and other technologies, and that connect and exchange data with other devices and systems over the Internet or other communications networks.
The IoT is a network of things that collect and share data through online communication. You can easily understand the importance of IoT from the seriousness of other big Internet giants about the evolutions of the Internet of Things.
A big announcement that has become one of the heated topics in the internet industry is that recently the biggest social media giant is going to reform a new technological brand that connects people through technology. Facebook will now be a bigger platform with diverse functions under the name Meta. Meta means beyond and obviously, the future of the world will be powered by the future of the Internet. This reformation of Facebook was a necessity in order to transform the future of the Internet and to transform the future of the Internet of Things.
Let’s discuss in detail, How IoT is shaping the future of the world? But before we discuss first take a look at What technologies have made the Internet of Things possible?
Technologies that are the reason behind IoT:
IoT is the result of the combination of all advanced technologies. You can imagine the power it holds, can you? IoT provides a network, in which, with minimal human intervention low-cost computing, the cloud, big data, analytics, mobile technologies and physical things can exchange data. It is called communication through the internet.
- Access to low-cost, low-power sensor technology: Low-cost electronic equipment is one of the important reasons for making the Internet of Things possible. The affordability of low power sensors is a boon for IoT. Along with saving costs, the power saving capability of these sensors allows us to perform the tasks efficiently. Affordable and reliable sensors are making IoT technology possible for more manufacturers.
- Connectivity: High-level connectivity is another factor in empowering the future of the Internet of Things. A host of network protocols for the internet has made it easy to connect sensors to the cloud and to other “things” for efficient data transfer.
- Cloud computing platforms: The increase in the availability of cloud platforms enables both businesses and consumers to access the infrastructure they need to scale up without actually having to manage it all. These cloud computing platforms open up new doors to store, process and share data effectively.
- Machine learning and analytics: The ability of machines to adopt human behaviour with the help of multiple computer languages is a unique feature of advanced technology that is feeding growth to the Internet of Things. With advancements in machine learning and analytics, along with access to varied and vast amounts of data stored in the cloud, businesses can gather insights faster and easier than before. The emergence of these advanced technologies continues to push the boundaries of IoT and the data produced by IoT also feeds these technologies.
- Conversational artificial intelligence: Speech Recognition and Natural Language Processing added an extra mile to the achievements of Artificial Intelligence. Advances in neural networks have brought natural-language processing (NLP) to IoT devices (such as digital personal assistants Alexa, Cortana, and Siri) and made them appealing, affordable, and viable for home use.
Now, we know about the technologies that power the Internet of Things, it’s time to understand the sectors where IoT will be the pioneer of transformation. IoT will augment various processes in order to save time and money without compromising on the quality of outputs.
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What are the sectors that benefit from IoT?
Can we now imagine a future where the world will be without the internet? Probably not. The Internet of Things is not only going to impact our daily life but also the business processes. Businesses entail various processes that are done manually which can consume enormous amounts of time and effort. Innovative technologies allow us to perform these tasks automatically with accuracy. Let’s discuss what industries benefit from IoT and how IoT is shaping the future of the world for the better.
Manufacturing: With the help of the Internet of Things manufacturing sectors can get additional competitive advantages by improving production methods. Manufacturing is a process of producing goods with the help of labour, machine and tools. The advanced technologies can speed up the production process along with the high quality of products. With IoT, we can detect malfunctioning or accuracy of any equipment quickly. This will be beneficial for both workers as well as for companies for safe operations.
Automotive: Automotive industries are already using Artificial Intelligence in production line output. It comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. The automotive industry is one of the world’s largest industries by revenue. Sensor technology can detect the impending failure of equipment and can share the details and recommendations with the driver.
Transportation & Logistics: Transportation and logistics can be benefited from various IoT applications such as rerouting of vehicles on the basis of weather conditions or traffic conditions. Sensor data plays an important role in performing these tasks. Pharmaceutical and perishable products need temperature-controlled shipping that is possible only with sensor technology.
Retail: IoT can help to manage inventory, improve customer experience, optimize the supply chain, and reduce operational costs. These technologies are already empowering the retail industry.
We can only get better results in the retail industry by providing the products of the customer’s choice. The big e-commerce players like Amazon are already ruling the world with this technology. Monitoring the customer’s path, informing them of the next offers, the current status of the cart and recommending the interesting products are a few common strategies to increase sales with the help of advanced technologies.
Public Sector: In recent years the Indian government has set a new benchmark in improving the quality of life with the help of technology. In the public sector, government utilities can use IoT applications to notify their users of any important information. There are various government schemes that are empowering the people of India through advanced technologies. IoT applications can collect data concerning the scope of an outage and deploy resources to help utilities recover from outages with greater speed.
Healthcare: The Internet of Things can benefit the healthcare industry in multiple ways. Doctors, nurses, and orderlies often need to know the exact location of patient-assistance assets such as wheelchairs. When a hospital’s wheelchairs are equipped with IoT sensors, they can be tracked from the IoT asset-monitoring application so that anyone looking for one can quickly find the nearest available wheelchair. Many hospital assets can be tracked this way to ensure proper usage as well as financial accounting for the physical assets in each department.
General Safety Across All Industries: In addition to tracking physical assets, IoT can be used to improve worker safety. Employees in hazardous environments such as mines, oil and gas fields, and chemical and power plants, for example, need to know about the occurrence of a hazardous event that might affect them. When they are connected to IoT sensor-based applications, they can be notified of accidents or rescued from them as swiftly as possible. IoT applications are also used for wearables that can monitor human health and environmental conditions. Not only do these types of applications help people better understand their own health, but they also permit physicians to monitor patients remotely.
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How AE Connect is Empowering the Internet of Things?
The theory of connectivity is going beyond laptops and smartphones as we see it moving towards smart cities, smart homes, smart retail, smart farming, connected cars, connected wearable devices and connected healthcare. In short, a connected life.
The Internet of Things is a prevalent terminology these days, but contrasting many technological trends which have come and gone in the last years, the Internet of Things proves to be a focal trend that has long-lasting validities for society.
The term “Internet of Things” itself is used to mean a variety of ideas. The IoT cloud platform is primarily designed to store and process IoT data and forms the core of all IoT devices and IoT solutions. The platform is built in a way that enables taking in a huge amount of data generated by sensors, websites, applications and initiating actions for real-time responses and analytics.
IoT is used in various applications, such as:
- Smart Home Automation
- Smart Wearable Technology
- Connected Vehicles
- Industrial Internet
- Smart Cities.
- IoT In Agriculture
- Smart Retail
- IoT for healthcare
- IoT in the Telecom Industry
The platform can run businesses with an extensive and integrated perspective of customers, without needing much technical know-how of a data analyst. The platform can intake a lot of events each day and users can delineate rules that state events to act on and what actions to take.
The demand for cloud-enabled IoT services and solutions is rapidly increasing. The report says India has about 43 per cent or $1.5 billion of the global $3.5 billion IoT market. Experts predict that the Indian IoT market will grow from $1.5 billion today to more than $9 billion by 2020 with over 2.7 billion connected devices and growing.
The number of IoT active devices is expected to grow to 83 billion by 2024. It is the availability of real-time data and the interconnectedness of innovative devices and people – which is the key aspect of IoT that will revolutionise the way we function and live as humans in this world. To a surprise to many, it has been found that at the height of the pandemic 84% of the IoT adaptors felt that IoT was a key factor in marinating business continuity throughout the period, while this meant some projects had to pause and resources reprioritized the crisis prompted 73% of IoT users to accelerate the pace of adoption.
The study has improved that adopting IoT has improved operational efficiency and created new products. It has brought about a renewed focus on security.
AE Connect has grown and built its credibility over the last 15 years with its best-in-class quality products that are high performing and extremely user-friendly. Our products are focused on networking and connectivity. Our PoE switches, optical cables and Structured LAN are the backbone of the Internet of things like CCTV surveillance, Wi-Fi coverage, VolP phone system, Smart Home, Smart Buildings, etc. We ensure that our connectivity products are beneficial for businesses that need to transform their networking infrastructure.
AE Connect infrastructure is equipped with advanced machines and appliances to fulfil the various demands of our clients. Contact us for your networking and connectivity product-related needs.
AE Connect is one of India’s leading manufacturers of high-quality Connectivity and Networking Products. We have been able to build our credibility over the last 15 years with our best-in-class high performing products. Our infrastructure is equipped with advanced machines and appliances to deliver the networking products of the customer’s choice.
We work as a Digital Transformation Partner for all our clients. Along with our smart networking and connectivity products, there are a few other benefits of partnering with AE Connect such as all our products are customized to work in Indian conditions, massive power budget & superior performance of products, and 3 years warranty & extended warranty support.