IoT meaning- Ultimate Guide to IoT 2020

We all are familiar with the word “Internet”. Its been here for a long time. It is just an interconnected network that is used for communication and getting information. Let’s get into IoT meaning.

By making things connected to the internet, the technology in computer science has made automation a lot easier.

In today’s era, the internet is not just about connecting people. It’s about connecting things. And this gave birth to technology named the Internet of Things.

Let’s see what is IoT meaning and few more information about it.

By letting the IoT devices into our everyday life, it is not like we entered the zoo, but we released the animals into our world.

Csaba Gabor-B

What is IoT meaning?

In very simple language things which are connected to the internet are called the Internet of Things.


We as human beings communicate, contribute, and collaborate with other people through our five senses: Eyes, Nose, Ear, Skin, and Taste.

Imagine things with the ability to sense, listen, communicate, and act with other things.

This is where the “internet of people” and “internet of things” intersect.

Things + Ability to sense, touch, communicate and control via internet = IoT

IoT
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What is technical IoT meaning?

Below are two standard definitions of the Internet of things

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The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

Wikipedia

The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

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What are the examples of IoT?

Examples of objects that can fall into the scope of the Internet of Things includes

connected security systems, thermostats, cars, electronic appliances, lights in household and commercial environments, alarm clocks, speaker systems, vending machines, and more.

Consider the most familiar and obvious example of your smartphone. It has many sensors embedded in it.

It knows your location. It knows how you are holding it. It ca sense your movement. Can predict the intensity of light in your room. The phone knows how close it is to your face.

Knows what you are saying to it. It even has an eye through which it can see its surroundings. It can communicate with other devices too.

This is the most familiar IOT example and satisfies IoT meaning too.

Internet of things meaning

Consider another example of a smartwatch. It tracks your steps, your activities, your heartbeat count, your health.

It knows about your sleep, fitness level, your location, and many others.


The best things are we have a lot of tools and equipment to add sensors to existing things and make them connected to a network

Imagine a scenario where you forgot to switch off the AC in your room.

If your AC is connected to the internet then after some time you will get a notification on your phone about it. You can then, turn it off from the phone itself.

In a similar manner, your doors can be locked automatically, windows can be closed and many other tasks can be automated using IoT technology.

Such things consist of sensors and detectors which read the information from its environment and act upon it.

You can buy this book called “Getting started with Internet of Things” by Cuno Pfister. This book is great if you are looking to start building your own IoT models. It requires basic programming skills and affordable electronic devices. The author teaches in a very simple and efficient way from start to end including everything.


What is the history of IoT?

After knowing about such great applications one might be interested to know about the History of IoT.

What were the important projects and people that helped it in becoming one of the most trending topics of today’s era?


Father of IoT

Kevin Ashton is known as the father and founder of IoT. The term “Internet of Things” was coined by him in 1999.

The intention was to promote RFID (Radio Frequency Identification) technology. Also, he was then the executive director of the Auto-ID Center and a co-founder of MIT’s Auto-ID Lab.

Ashton discovered it while working on a project presentation for Procter&Gamble (in the context of RFID supply chains). He pioneered RFID use in supply-chain management.

Read the full article by clicking here.

Ashton then started a company Zensi that makes monitoring technology and energy-sensing.


Even though Kevin grabbed the interest of Procter&Gamble executives, the term Internet of Things did not get widespread attention for the next 10 years.

The actual concept of connected things was at least since the 70s. Back then, this technology was known by terms like “Embedded internet” or “pervasive computing.


This technology wasn’t popular in the 2000-2010 decade. It started gaining popularity and reached the mass market in the early summer of 2014.

Today the term Internet of Things is around 20 years old.

Ashton coined it in 1999 and wanted to attract management’s attention to a new technology called RFID.

Also as the internet was the coolest trend at that time, Ashton called his presentation “Internet of Things”

(Also it makes sense somehow with actual IoT meaning).

Iot meaning
2/4 – Kevin Ashton, Inventor of the Internet of Things

Back then it was said that the StreetView service by Google – which invented the 360-degree pictures.

This service stored tons of data of people’s wifi networks.

People debated whether this was Google’s new strategy to index the physical world along with indexing the internet.


The same year, the Chinese government declared to include IoT as a strategy in their five-year plan.


Even Gartner(market research company known for the famous hype-cycle for emerging technologies) mentioned the “Internet of Things” in this list of famous emerging technologies.

In the next year popular tech-focused magazines like Fast Company, Forbes, and Wired starting using IoT to describe the phenomenon.

The technology reached $100 billion in market revenue in 2017.

In October 2013, IDC published a report stating that the Internet of Things would be an $8.9 trillion market in 2020.

And as per forecasts, this figure will grow to around 1.6 trillion by 2025.

For a complete detail history of IoT year-wise, you can visit Forbes or PostScapes.


Why IoT is important?

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The next frontier ‘IoT’ transform many aspects of our life. In the coming years, it is expected to grow dramatically. With endless possibilities.

IoT has several benefits in our day to day life as well as in the business sector.

It saves time, minimizes human interaction, improves security, efficient resource utilization as well as monitor natural resources, and many more.

As per Accenture, the world economy is said to make $14.2 trillion of money in this decade of IoT. What does this mean?

There’s going to be a big boom in the IoT jobs in the country. In fact, the IT industry is said to grow up to 50% purely riding on the waves of new IoT jobs coming in.

And the number of IoT jobs is also said to grow up to 300% in the next 3-4 years.


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Why IoT is important?

Right from taking care of our home, elders, business to managing and automating a lot of tasks, it plays a key role in our daily life.

The capability to network electronic devices in a standard way, revolutionalize smart device control. control.

It represents the planet described by the so-called IOT where electronic machines transfer data into the cloud over the web with TCP/IP.

From the definition of IoT, it helps people live and work smarter also to gain complete control over their lives.

Additionally, other than offering smart devices to automate homes, IoT is important to the business.


They have built the system to measure the journey through the airport and obtain real-time data for e.g. in the baggage hall how passenger flow is functioning.

This information is stored in central control and development to form the procedure better. This proved much helpful for them to prioritize their investment.


Whatever the future holds for IoT, Smart gadgets will get tangled into our lives

he ethical ramifications were such gadgets to take on an everyday undertaking that would traditionally do by people.

With the Internet of Things (IoT), we can comprehend the specific circumstance (the time and spot of the client) to distinguish when we’re sure the client needs assistance or a motivating force to buy, and we can react proactively.

All it needs is a little chip and a Wi-Fi association to make up IoT meaning.

The Internet of Things is as of now a reality, and it’s developing.

It gives new chances to organizations from all fields considered.

It can streamline the activities of little and medium organizations, set aside the cash, and present totally different methods for working together.


Terms used in IoT

Following are the list of terms used in IoT-

  • Physical Layer
  • Network Layer
  • Application layer
  • Remotes
  • Dashboard
  • Analytics
  • Data Storage
  • Networks

IoT extends Internet Connectivity

The Internet of Things expands web network past conventional gadgets like desktops and PCs, and tablets to a various scope of gadgets and ordinary things that use inserted technology to impart and collaborate with the outer condition, all by means of the Internet.


How IoT works?

From above IoT meaning and examples we saw how IOT influences our daily life style depending upon our way of reacting and behaving.

From smart cars providing the shortest route to smartwatches tracking our daily activities.

These devices collect and share information from sensors about how they are used.

Sensors are embedded in every IOT device which “talk” to the cloud through some kind of connectivity.

This sensors continuously emit data about working state of that particular device.

IOT provides a Big Data platform for all this devices to dump their data.

It provides a pathway for them to communicate with each other.

Data emitted from various sensors is sent to IoT platform.

Once the data reaches the cloud, software processing starts. Their data is integrated from various sources and data analytics is performed.

Valuable information is fetched from the analytics as per requirement. Or adjusting the sensors/devices automatically without the need for the user.

This output is shared and used for other devices to learn and improve efficiency.

A complete IoT system integrates four distinct components: sensors/devices, connectivity, data processing, and a user interface.


What is IoT Ecosystem?

The ecosystem of IoT consists of various kinds of devices that enables businesses and consumers to connect to their IoT devices.

It can be smart bracelets, smart cars with Artificial Intelligence. Or wearable electronics or some sensors installed in things.

The ecosystem include Security, Networks, Data storage, dashboards, Analytics and gateways. They are explained below.

IoT Ecosystem

IoT is a giant network of things connected to the internet AND also connected with each other.

As we already know it is a huge story about everything that surrounds us. we can digitize things and connect them to the internet.

The main requirements are to identify each device with a unique ID and keep them integrated into a communication network (usually wireless communication network like wi-fi).

The ecosystem in IoT is like a community that consists of data and monetary flows. It helps in connecting vendors and enterprises together.


Short Quotes on IoT 2020

Seems like everybody is talking about the Internet of Things (IoT)—the bad, the good and the alarming along the lines of. “It’s the beginning of machines taking over the world.”

The Internet of Things is already transforming our homes and workplaces and hence lifestyles.

Homes, workplaces and lifestyles are transformed by the Internet of Things.

So, here are some of the world’s brightest minds or most notable people saying about the Internet of Things (IoT). Here are a few samples of what’s been written or talked about when it comes to the Internet of Things.

If you think that the internet has changed your life, think again. The Internet of Things is about to change it all over again!

Brendan O’Brien

Make no mistake sensors will drive the next generation user experiences. We’ve just got started with wearables.

Karthee Madasamy

By letting the IoT devices into our everyday life, it is not like we entered the zoo, but we released the animals into our world.

Csaba Gabor-B

The Internet of Things is removing mundane repetitive tasks or creating things that just weren’t possible before, enabling more people to do more rewarding tasks and leaving the machines to do repetitive jobs.

Grant Notman

Despite hacks and privacy issues, people will feel a need to keep connected, partly because companies will reward them for doing so (or make life difficult if they don’t).

Joseph Turow

As the Internet of Things advances, the very notion of clear dividing line between reality and virtual reality becomes blurred, sometimes in creative ways.

Geoff Mulgan

The Internet of Things is not a concept; it is a network, the true technology-enabled Network of all networks.

Edewede Oriwoh

Internet of things advantage and disadvantage

The concepts of IoT have the potential to significantly shape our day to day life – right from managing our business to taking care of our homes, pets, kids automatically.

To date, there are more than 40 billion things connected to the internet. Surprisingly, many people utilize IoT every day without even noticing it.

The Internet of things advantage and disadvantage can teach us how we utilize time and money in an efficient manner, especially if the disadvantages here can be managed appropriately.


Below are points about the Internet of things advantage and disadvantage –

Internet of things advantages 

Obliviously, the biggest advantage IoT as per its definition is that it gives us is its ability to make things connected in one place. Because of which communication becomes easy.  

Credits can be given to sensors, tags, and software that collect and store data thus giving us numerous advantages. If used correctly IoT will automatically adapt to our needs and benefit society as well.

Following is a list of the internet of things advantages

internet of things advantages #1 – Rise in Productivity / Efficiency

IoT improves efficiency by maintaining transparency in the process. As a result of this, people can work on their other important tasks.

IoT offers on the spot training for the employees. This increases the productivity of organizations.

internet of things advantages #2 – Saves Costs

The important data of organizations, which otherwise takes a lot of time, is easily transmitted over the network of IoT. This saves time as well as costs.

It provides more output with less resources. Devices communicate with each other in an effective manner and hence reduces the use of energy.

It has led to significant reduction in overall expenditures.

internet of things advantages #3 – Gives more information

IoT enables us to access data easily no matter where our current location is. Only requirement is of good internet connection. This enable people at top level in companies to keep track of their business by staying at home.

For example,

  1. Refrigerators could potentially talk to smartphones to let you know what your grocery list needs to be this week.
  2. AC communicates with your wristwatches to operate at a temperature favorable to your body.
  3. Security CCTV’s communicate with doors for advanced protection.

With more information, we can work more smoothly and efficiently. IoT provides lots of information from electronic devices in the network.

Internet of things advantages #4 – Automation and Control

Automation is the most important thing for any organisation. It helps to perform the work without any human intervention.

Automation helps in increasing business for the companies.

Since automation is precise and repeatable, it ensures that there is uniformity in product manufacturing.

Overall, automation helps to improve the quality of service and control day-to-day tasks without human intervention.

internet of things advantages #5 – Major Issues can be identified

With large information available from IoT major issues like socioeconomic benefits, better educations systems, efficient farming techniques etc can be identified.

We can extend life, work on stopping hunger, and eradicate disease.

Instead of checking manually the progress of the company, IoT is used that saves time and money. Also, it gives exact data on the progress.


Disadvantages of internet of things

Following is a list of disadvantages of internet of things –

To adopt with the coming generation, companies have somewhere embraced the idea of IoT. Yet, there is a possibility to keep growing even without using this technology.

Companies prefer to stay away from complex systems and fears trusting these devices completely.

This complexity is one of the disadvantages of IoT. Following are rest of the disadvantages

Internet-of-things drawback #1  –  Lesser Jobs

As automation is one of the advantages of IoT, this also leads to lesser jobs, As a result, employees are losing their jobs. With increasing automation, there is a steady decline in the need for unskilled laborers.

This can also affect the economic growth of country.

Internet-of-things drawback #2 –  Less Security for Privacy

Because of involvement of many electronic devices which is operated more than one company, there is risk of data getting stolen. This is major drawback of sharing informations.

Also, in today’s tech-driven world almost all devices are connected to internet. This increases of data getting leaked.

Data retrieval and storage is major concern for those who depends on IoT. And if any one company ask for total control of these devices, it can give rise to question of domination.

Internet-of-things drawback #3 – Compatibility

Since, IoT hasn’t completely standarized there’s lot of conflict for structures of devices in between manufactures.

This problem can be solved with collaborations among this manufacturers.

Internet-of-things drawback #4 – Dependability on Technology

We are getting dependent on technology with every passing day. We may not notice it, but we are getting integrated with technology in everyday lives.

We can even say that technology is dominating us day by day.

In the case of IoT, even with the presence of a single bug, the whole network can get affected. This is one of the major disadvantages of IoT.

It makes is dependable on devices.

At present, it is observed that the coming generation is a technology freak and they depend upon technological devices for every little thing.

With the help of IoT, this dependency will become even more in daily routines.

Give your opinions about this technology in the comment section. If we missed out on something related to IoT meaning and its properties, let us know in the comments below!

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IoT Meaning

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