It's a good time to be alive. We're on the cusp of a new industrial revolution, where technology is going to change every aspect of our lives. But with that comes many challenges, too: security breaches, privacy concerns, and hacking are all part of this brave new world.
Introduction
What is IoT?
The IoT or the Internet of Things - is a network of interconnected devices through the internet that allow them to connect and share data this includes automobiles, home appliances, and other objects that are integrated with sensors, actuators, hardware, and software. Every physical appliance can be made an IoT device by connecting it to the Internet allowing it to be controlled and share information.
Examples of IoT Devices
An illustration of an IoT device could be an electric socket or bulb which can be controlled using a smartphone. Even a city can be a part of the IoT ecosystem. On a larger scale, smart city projects are equipping entire regions with sensors, which are IoT devices, to assist us in better understanding and controlling the functions.
For example, most of the cities now exchange vehicular traffic information with the Internet and regulate its traffic movement using signals that are connected together in an IoT ecosystem. In another example, we are using the Internet of Things to inform us about the conditions of different routes, and feeding and improving the information on different routes to the same destination, distance, and estimated time of arrival using our mobile phones as sensors, collecting and sharing data from our vehicles through applications such as Google Maps.
How does IoT work?
In simple terms, it’s like adding a brain to objects. An IoT system is made up of sensors and devices. All these communicate and pass data to the cloud through the Internet.
On the cloud, all the data is processed and as a result, it sends an alert or automatically alters the sensors/devices without the need for the user's intervention. Further, in case user intervention is required or if users want to check the status of the system, there is an interface that can be accessed via a device like a monitor or a smartphone. If the user decides to take any action, the changes are communicated to the cloud through a gateway and then back to the sensors/devices to effect the change.
What is the importance of IoT?
This is a question that can’t be answered by one person alone. We need to take a comprehensive view of this technology and its potential to better understand why it’s important to us.
The world is becoming an increasingly connected place, with the number of Internet-connected devices estimated to reach 75 billion in 2025. In other words, every one in four objects will be communicating through the internet. The benefits are clear: smart homes are already being touted as a way to save money and live better lives while also reducing our carbon footprint.
IoT is among the most important technological advances in recent memory. It's changing the landscape for businesses, and it can change our homes as well.
Bridging the gap between these two worlds will require a careful hand and a lot of time, but if done correctly we'll be able to lay the groundwork for what could be an entirely new class of devices and interactions.
In this section, describe the importance of IoT from multiple perspectives: business and consumer.
Smart activewear, smart sports shoes and connected vehicles are emerging consumer trends in IoT that inform us everything from how close we are to the vehicles around us to the best route to take to escape rush hour traffic.
Whatever type of smart IoT application you employ, the knowledge and convenience you gain as a result will save you time, money, and a lot of anxiety.
In our daily lives, IoT has enabled smart devices in our home such as:
- Smart appliances such as induction cooktops, refrigerators, washing machines, coffee machines, air conditioners, etc.
- Smart locks, smart security systems, and smart doorbells are all on the rise.
- Smart assistants that operate based on voice commands such as Google Assistant, Amazon Alexa, or Apple's Siri and help control many IoT devices in the home.
- Smartwatches, fitness monitors, and sleep trackers
What are the advantages and disadvantages of IoT?
Advantages of IoT
Realtime Access to information
Monitor Systems
IoT has enabled tracking of critical systems be it in home, business, or even in healthcare. It helps in controlling stocks in stores. You can control your home security system remotely and you can even watch your home using the security cams.
Thus it saves time and cost by enabling easy monitoring of systems.
Quick operation
All of this information allows us to do several jobs at breakneck speed. IoT, for example, makes automation simple. Smart industries automate routine operations, allowing people to devote their time and effort to more difficult jobs.
Getting Used to New Ways
Internet of Things is continuously evolving. Its modifications are minor in comparison to other high-tech fields. It would be difficult for us to stay on top of everything if we didn't have the Internet of Things.
Effective time management
We can check the latest news on our phones during our daily commute, read a blog about our favorite hobby, buy something in an online store, and nearly everything else from the palm of our hands.
We eventually have a lot more time for ourselves.
Control and Automation
There are many workings behind the scene in IoT that automates and control the connected objects. Since physical things are connected and managed centrally with wireless technology structures. Machines communicate with one another without human intervention, resulting in faster and more timely production.
Save Money
Another significant benefit of IoT is the ability to save money. The IoT has become increasingly popular since the cost of tagging and monitoring machines is low when compared to the savings it brings.
IoT primarily assists people in their daily lives by allowing their devices to connect with one another efficiently, conserving energy, and saving costs.
Allowing data to be exchanged and transferred across devices, and then converting it into the format we want, makes our systems more efficient.
Disadvantages of IoT
Security Issues
Technology Dependence
IoT is a complex system
Although the Internet of Things appears to be doing jobs with ease, it is actually performing several difficult procedures. If the IoT program fails, it will have an impact on the rest of the process.
And a mistake in the IoT setup is not always easy to debug.
Loss of employment
Unskilled workers are in grave danger of losing their positions, which would throw them out of work. Smart security cameras, robots, smart laundry systems, smart home appliances, and other technologies are replacing security guards, house-help, laundry workers, and dry-cleaners.
Interoperability Issues
Many devices are required to be connected in an IoT which are manufactured by different vendors. This may result in interoperability and compatibility issues. The problem can be solved with the standardization of the IoT framework.