Welcome!

@ThingsExpo Authors: Yeshim Deniz, Liz McMillan, Zakia Bouachraoui, Pat Romanski, Elizabeth White

Related Topics: @CloudExpo, Java IoT, Linux Containers, Containers Expo Blog, Agile Computing, @ThingsExpo

@CloudExpo: Article

Why the "Internet of Things" Is the Next Big Thing | @ThingsExpo [#IoT]

The essence of Internet of Things is the linking of physical objects with unique identifiers to the Internet

If you’ve been paying close attention lately you’ll know that the “Internet of Things” has become one of the technology industry’s biggest buzz phrases. It’s not hard to figure why. The internet has been around for the last twenty years and it has truly revolutionized our lives, the way we work, and how we interact. Consider the transformations in business, commerce, culture, education, politics, and more.

But experts are saying we haven’t seen anything yet. If you haven’t read the recent Digital Life in 2025 report it’s well worth your time. One of the major outcomes of this research predicts that within 10 years the internet will become “an ambient information environment where accessing the Internet will be effortless and most people will tap into it so easily it will flow through their lives ‘like electricity.’

The essence of Internet of Things is the linking of physical objects with unique identifiers to the internet so they can be traced and tracked in order to provide real-time feedback to the end-user. The standard Internet Protocol has been IPv4, based on a 32 bit system, which provides about 4.3 billion addresses. The recent development of a new Internet Protocol, IPv6, based on a 128 bit system, means that an almost unlimited number of IP addresses will be available. What this boils down to is that IPv6 is large enough for every grain of sand on earth to be IP addressable! There will be no end to the number of objects that can become IP enabled.

IoT pic 1

The ability to receive real-time awareness of our physical world and interact with that data through touch-based, wearable, and augmented reality are just some of the many ways that the Internet of Things will exert wide-ranging and disruptive impacts on all levels of business and society. In fact, current trends indicate that the Internet will not just pertain to random “things” but will literally be ubiquitous, or what some are calling the “Internet of Everything.” John Chambers, Cisco CEO, claims this space will have five to 10 times the impact on society as the Internet itself, and is projecting a $19 trillion dollar market for this industry over the next decade.

The development of a connected web of people to everyday physical objects, along with machine to machine communications and ubiquitous computing, represents a scenario considered science fiction just a few years ago. Researchers predict that by 2020 over 30 billion objects will wirelessly be connected to the internet. As the world becomes increasingly connected and as the internet indeed becomes more ‘like electricity’, it’s incumbent that small business owners start to get on-board with the latest transformations coming down the pipeline.

IoT pic 2

Actionable steps could consist of installing a Nest thermostat to remotely monitor the temperature and comfort level of one’s business, or adopting the Fitbit to measure health and fitness metrics. Wearable technology will also become one of the biggest channels for the Internet of Things and in the next decade wearables will become our new PCs of choice, replacing even the smartphone.

Google Glass is just the beginning of a whole new realm of real time awareness and connectivity that will be mediated through our eyes, ears, and limbs. It’s not too early for organizations to obtain Google Glass and use the SDK to explore the future of apps through the lens of augmented reality. Smartwatches are also going to be the wave of the future; it’s worth paying attention to what the creators of Pebble are doing in this space.

We’re at an epic and historical juncture in the history of the internet. In the past 15 years we’ve moved from Web 1.0 (the “Internet of information”) to Web 2.0 (the “Internet of people”). The Internet of Things is the “third wave” of development as physical object come online. However, it will be much bigger than anything that has preceded and businesses must get prepared.

IoT pic 3

The kinds of real-time communications and tracking that will become available through Internet of Things will heavily redefine customer experience and expectations. People today, for instance, want to track the delivery of their packages or interact with QR codes to sign up for new services. But this is all just scratching the service of what real time sensor and object tracking capabilities will be available in the next ten years.

While the Internet of Things is still in its infancy, don’t let that fool you into complacency. Internet of Things will become a key market differentiator in the business world – faster than even mobile. If you haven’t done so yet now would be a great time to fit Internet of Things into your 2020 strategy and start implementing clear and deliberate guidelines to leverage the latest trends in this fast-moving and exciting market. Internet of Things will set digital businesses today apart from the pack and make them thrive while others are merely trying to survive.

More Stories By Hovhannes Avoyan

Hovhannes Avoyan is the CEO of PicsArt, Inc.,

IoT & Smart Cities Stories
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
DXWorldEXPO LLC announced today that Telecom Reseller has been named "Media Sponsor" of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
SYS-CON Events announced today that Silicon India has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Published in Silicon Valley, Silicon India magazine is the premiere platform for CIOs to discuss their innovative enterprise solutions and allows IT vendors to learn about new solutions that can help grow their business.