Internet of things
● The technology is very simple
● It is the power of the data that make IoT so powerful
● All of these devices create and share data
● There are both business and consumer opportunities
Number of Internet of Things (IoT) connected devices worldwide from
2019 to 2021, with forecasts from 2022 to 2030 (in billions)
,How much is spent in IoT each year?
IoT Global Spending by Category
,IoT Device #1
Internet of Things (IoT)
A network of Internet connected objects that collect, process, and exchange data
without human intervention.
IoT devices are nonstandard computing hardware
IoT extends internet connectivity beyond typical computing devices – such as desktops,
laptops, smartphones and tablets
Sensors
, Factors that made IoT possible?
● Cheaper Storage
● Cheaper Processors
● Faster connectivity
● Cloud services
IoT: 4 lLayers
(1)
(2)
(3)
(4)
Edge computing shorten distance between 1 and 3,4
How Do You Interact with IoT?
Data = Decisions
● Is my energy consumption optimized?
● Do my crops need water?
● Is my heart rate normal?
● Where are the bottlenecks in the supply chain?
● Is our manufacturing optimized?
● Is there a potential for the machine to break down?
IoT Business