Today wherever you go, you’re likely to hear about “Internet of Things” popularly known as IOT. But what is it or what it means? That becomes a question which leads to scratching your head at times.
IOT is the connection of devices to the internet. Not only computers and smartphones but anything like cars, appliances etc can be connected through IOT.
According to the report published on by deloitte and Nasscom, The Internet of Things (IOT) market is expected to reach $ 9 billion by 2020. By the end of 2020 more than 1.9 billion devices are expected to be connected in India which leads to grow this market 31 times from the
current market share of 5.6 this year.
Indian IOT market has vast potential and is likely to grow across industries in manufacturing, automotive, transportation and logistics. IOT is all set to develop into a major differentiator in driving the next generation of services and products.
Smart Wearable : Wearable stands out and has huge potential to grow and nurture as smart wearable is in demand these days. Number of well established companies and startups are working to take profit of this growing segment in IOT.
Healthcare : Increased demand in smart health care products has become a boon to smart healthcare product market. Numbers of companies are working in the market to manufacture and deliver smart health product like Smart wheel chair, medicine alarm, health monitoring etc are the leading products.
Farming and Agriculture : India is an agricultural country and smart farming has replaced traditional farming to reduce the losses and increasing productivity. Animal movement tracking, soil humidity checker, animal tracking devices are some of the applications being used in Agriculture.
Smart Cities : Smart city projects have become popular in India which has widened the scope of IOT. From sensor manufacturer to traffic controller everyone is ready to take profit of this growing IOT segment in India.
Automobile : Automobile sector is also not untouched from this. Connected cars, driverless cars are the next big market that’s going to change the future of automobile industry. Company like Google has even started working on this project and has launched successfully tested product in live environment.
Smart Electric Grid : Smart Metering system in the electricity and water supply is everything that can be controlled through sensors and Internet
One IoT device connects to another to transmit information using Internet transfer protocols. Knowledge of protocols is necessary to maintain and build that connect. Over all it acts a as a bridge between devices’ sensors and data networks.
1 – Amazon Web Services
2 – Microsoft Azure
3 – ThingWorx IoT Platform
4 – IBM’s Watson
5 – Cisco IoT Cloud Connect
6 – Salesforce IoT Cloud
7 – Oracle Integrated Cloud
8 – GE Predix