But due to several reasons, this idea couldn’t be as successful as expected. This has sparked yet another debate among experts. Some claim that IoT is dead while others are persistent that IoT has merely changed forms from what we originally expected. In this article, we’re going to find exactly where the truth lies.

Internet of Things – Today

IoT, in simple words, is a network of connected devices. In the context of smart homes, this means that all your appliances and devices are interconnected and have smart features that allow them to be controlled remotely, updated automatically and create backups on the cloud. But the idea of smart homes didn’t really turn out to be consumers’ favorite.

Yes, smart TVs and smart thermostats were a success but other IoT devices like smart toasters and smart washing machines were nowhere to be found in homes.

IoT applications, however, have turned out to be very useful for various industries as they capitalized on RFID chips to track batches of products or utilized sensors to determine when machines are down.

Why IoT failed to meet the hype?

Exaggerated Journalism

One of the problems with journalism (of any type) is that everything falls under one of the two categories: too good or too bad. There’s nothing in between and this is what makes their content potentially capable of going viral.

In the case of tech journalism, journalists are constantly under pressure to come up with/foresee the “next big thing” that will change people’s lives or change the world for better. It’s important to know that these are mere speculations and predictions which are often very different from the actual outcomes.

“IoT was a topic of demand and tech writers bombarded the internet with content about how it will change the world while simultaneously increasing the expectations of the public.”

Perceived Values

One of the most important questions rational consumers ask when making a buying decision is, “Is it worth its price?”. Usually, smart devices are much more expensive than their traditional counterparts.

For example, upgrading from a traditional refrigerator to a smart one may cost several hundred or even a few thousand dollars depending on the models. But how much value is the “smart” component really adding? Yes, a few additional features, such as a built-in grocery list, may marginally improve the quality of life but will it revolutionize the way you live (as the hype suggested)? The answer is no and that is why consumers haven’t felt the need to invest in the technology.

Consumer Requirements

Some IoT devices may be too demanding of the customers who purchase them. For example, getting users to upgrade the device’s software can be hard and those updates are necessary for devices to maintain reliable, consistent operations.

It can also be hard for older consumers or those who aren’t tech-savvy to get hold of 10 different user interfaces for 10 different smart appliances they bring in their homes.

A single, universal provider of IoT devices may potentially eliminate this problem by offering a comprehensive interface for all connected devices and streamlining things but a leader is yet to emerge.

Security and Privacy

“Cybersecurity and data privacy has become one of the major concerns of the consumers who avail services online or buy smart products.”

All the negative publicity, cyber-breach news, data leaks, etc. have worked against IoT devices that are not very secure themselves.

For hackers, all it takes to compromise an entire network is to take one point of entry and every IoT device serves as another point of entry. This is even easier if the devices are poorly developed or designed. For this reason, companies look to acquire the services of an IoT testing company that can help ensure fool-proof security and proper functioning of IoT devices.

As far as data leaks are concerned, many consumers are aware of the tracking potential in smart devices. For example, a security camera may well help you monitor all the activities for security purposes, but it may also store footages in the cloud that can make it a target for criminals. Also, every company that offers any type of smart device could hypothetically access all your data for advertisement.

Development Opportunities

The harsh reality is that IoT devices weren’t able to make the impact for which there was so much hype. The majority of the consumers refused to shift to smart devices which means that there is close to no incentive for companies to allocate their time or money to develop these devices. Also, many of the most successful smart devices are frequently sold at a loss, so it’s hard to enter an already competitive market.

Developmental Standards

IoT also struggled to keep up with development standards. Technically, in the case of IoT, there were no development standards or defined protocols, to begin with, since developers could barely agree on the definition of “IoT” is. This makes it tremendously hard to develop and design devices that can work with each other and pushes more consumers away from the conventional picture of “smart home”.

The Future for Industry

As opposed to the consumer market, IoT has been somewhat successful in the business market. Industrial applications are adopting IoT at an increasing rate and businesses that require internal tracking find sensing equipment and RFID chips much easier and cheaper to manufacture than big, lumbering consumer electronics.

IoT’s future is expected to continue along these lines, with devices in the network being inconspicuous, small, and lending only a fraction of the overall system’s total value.

The Future for Consumers

Recently, smart “home” devices and speakers are successfully making their way into the market. Their main selling point is that they allow users to control a large number of individual devices – even if they have a handful of features of their own.

We’re also expected to see more devices that will provide big data and analytic insights to consumers and help them learn more about their habits rather than providing unnecessary features that don’t add value.

This will require manufacturers to look for an IoT testing company to test the robustness of algorithms and ensure accurate outcomes.

                                                                                      — Ray Parker a Senior Marketing Consultant at Kualitatem loves to write tech-related news and articles. Apart from his techie appearance, he enjoys soccer, reading mysteries, and spending long hours working over at the New York office. 

Also, Read How to Handle Major IoT Security Issues

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How is IoT benefiting society?

IoT technology is not only benefiting individuals, but it also benefits the corporate world and even society as a whole. IoT is cataloging our everyday objects with machine-readable identification tags. Therefore, the sensors along with these tags are used to gather more data related to the condition the daily objects and those existing around them.

IoT based devices not only help the experts to do smart innovations, but they also help to save a lot of time while monitoring. Also, when it comes to managing and monitoring, IoT based devices are not very expensive as opposed to other resources. IoT has even made it a lot easier to manage intricate data without any hassle.          As IoT based tools basically use sensors, therefore, they are considered very fast and efficient.

Internet of Things is not only a technology for the corporate world, in fact, but it can also be very easily implemented in our homes as well. Homeless Management Information System (HMIs) or the Intrusion Human Machine is basically the keypads that act as a central user interface to control the home security solutions. And, these Intrusion Machines are used by the world to make interesting use of IoT technology.

IoT-enabled smart city will include many areas like contributing to a stronger environment and enhancing traffic to improving public security and optimizing road lighting. Here, we offer a survey of the most successful applications that are already completed in smart cities over the world.

How are IoT based devices helping the cities grow smarter?

1. Road Traffic: Smart cities guarantee that their residents take from a place to other places as reliably and efficiently as possible. To obtain this, cities are started to base on IoT development and execute smart traffic resolutions. A large number of companies are making high-tech products to make cities as smart as possible. These things are aimed to not only decrease the costs but are also aimed to limit the consumption of resources in cities like surveillance, lighting, integrated system control etc.

2. Smart Residential e-Meters: IoT is responsible for making the cities smart with the help of the high-end new inventions and implementations like smart residential e-meters. With smart e-Meters, cities can give residents cost-effective connectivity to service organizations’ IT systems. Smart e-meters can send information directly to public service across a telecom network, giving it strong meter readings. Smart metering enables service organizations to bill perfectly for the cost of water, energy, and gas used by each family.

3. Smart Street Lights: Some of the other implementations through IoT can be things like smart street lights that have superb capabilities of automatically dimming and brightening as per the surroundings. This will eventually lead to a lot of power consumption.

4. Smart Camera and Detection System: Things like e-surveillance cameras and the water or gas leakage detection systems are some of the other implementations that IoT based tools can do to make the cities much smarter. For Example, 90+ cities around the United States has a gunshot detection solution. The gunshot detection solution has attached microphones placed everywhere in a city. Now the data coming from microphones go to the cloud platform, which examines the sounds and identifies a gunshot. The platform will check the time it used for the sound to transfer to the microphone and determines the place of the gun. When the gunshot and its place are recognized, cloud software informs the police using a mobile app.

5. GPS Trackers: IoT plays a major role in controlling the traffic on the road. Smart cities need to have smarter and quicker transportation systems. They should implement ways to save their residents from getting stuck in traffic for hours. Smart devices can help a city to control traffic. The GPS trackers in the mobile apps or the in-vehicle sensors and the road-surface sensors are wonderful inventions to prevent traffic jams. Also, the smart traffic lights linked to a central cloud management system make it easy to change the timings to prevent congestion.

6. Sensors and Actuators based Lights: IoT-based smart cities are making use of the perfect tools to make their streets brighter using economical methods. Sensors and actuators equipped lights on the street are linked to a cloud management system, and they act as superb IoT devices, making it easy to handle the street lights remotely.

7. Smart Citizen Portals: IoT based devices can also be used to create fantastic citizen portals and some of the cities have already started doing it. These portals enable the residents to anonymously report crimes. Plus, they can also look for the nearby police station when in need. Not only that, even things like looking for a parking place, to reviewing the public transport schedules a lot of things can be done on these portals.

8. Enhanced Safety: Superior Safety of the citizens can also be ensured through IoT based devices. Many smart cities are using video monitoring systems to manage the safety problems which may arise in the thriving cities. A large number of cameras monitoring roads for accidents along with the streets for safety concerns are being implemented. With the help of IoT technology, each camera is linked to a system into a sensor. And, with the help of edge computing and analytics, the results are made better.
9. Field Gateways: Implementing useful field gateways. The data collected by the sensors cannot go right to the cloud, and it is mandated for it to pass through the field gateways. Only after proper filtering, it can be moved to the cloud.

10. Healthy Environment: IoT based tools can also be used to keep the smart cities clean, green and safe. By tracking the parameters which are important for a healthy environment, cities can implement strategies to make sure that the needs are fulfilled. Say, sensors can measure the pH levels of water to check the quality etc.

Though, to have these advantages, the government should do a compatible strategy to design a working and scalable smart city structure. IoT based smart city projects are transforming the world by developing cities with smart public transportation, better infrastructure, less traffic congestion and overall better quality of living.

Starting from creating efficient and economical cities, to taking good care of the residents of the cities, IoT devices are capable of doing a lot more than we expect. Also, they play a major role in keeping a track of the degrading environmental conditions, so that the environment of the smart city can be made better. Overall, the smart city projects seem to be very interesting, and the future of such projects is bright thanks to the implementation of IoT.

Author Bio

Vaishali Maru is Content Writer Cum Digital Marketer in Nex Software – Software Consulting Company in India. Vaishali Maru has the degree Master of Computer Applications and she is writing content on different technical topics. Contact her on Twitter(@VaishaliMaru4) now!

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Can It Improve the Existing Systems?

At present days, hundreds of thousands of companies are adopting IoT solution technologies to enhance their existing system. This not only boosting their existing systems up but also helping them thinking something innovative and work strategically for a higher return on investment.

Internet of Things to connect anything and almost everything with an on as well as of the switch to the Internet and that could be better to serve the user. The IoT essentially works by connecting the devices that well surrounded with us to the Internet or another and then it permits them to send as well as receive the data to better meet the needs as well as demand the users.

Importance of IOT in our Lives

There is much importance to the Internet of Things in our lives. As discussed, it can monitor almost anything in our lives, for instance, handling the flow of airport passengers to heating the building, as well as taking care of the elder. The capacity to network electronics in a standard and high-frequency level means a set of modernization of the intelligent device controlling, managing and using to its higher level.

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• Speed computing and technological innovation. Also, the automotive business model will slowly shift to the new edge and will improve the usability of the customers.
• Big Gun companies will dominate the future and particularly when it comes to IoT in the year 2019.
• Smart devices will continue to grow for a longer period of time in the future and will grab the most customers’ attention.
• This is no doubt the ear of 5G when we are still using 3G somewhere and most of the time 4G, but it is expected to use the 5G in this year and it is about to happen very soon, possibly the end of the year.

IoT or Internet of Thing is no other than evolution for a mobile, house as well as embedded applications that are widely connected to the Internet. This helps to integrate the communication and by utilizing the data analytics. These types of devices not only derived meaningful information but also relevant data that are in the mainstream. These days, we will explore how the Future of IoT Internet of Things can be beneficial for the sake of an individual’s life. We will also explore the importance of IoT in the business of all types and sizes.

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