Defining The Internet of Things (IoT)
The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects and people or animals 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.
IoT is an emerging technology domain which will be used to connect all objects to the internet for remote sensing and control. IoT uses a combination of Wireless Sensor Network (WSN), Machine to Machine (M2M), robotics, wireless networking, internet technologies and smart devices.
This network of physical objects is embedded with electronics software, sensors and network connectivity that enables these objects to collect and exchange data.
How IoT Impacts the World Around Us
The emergence of IoT has transformed the ways in which we experience the world around us through the use of IoT capabilities in homes, businesses, aviation, navigation, Augmented Reality (AR) and Virtual Reality (VR) wearables, smart watches and even in our automobiles.
IoT capabilities can also be found in IoT connected homes, healthcare robotics, drones and transportation. For example, in an IoT connected home, you will find IoT capabilities in home security systems, central appliances and home internet hubs.
Moreover, IoT can also be found in commercial business, established corporations and startups. One such example of IoT use in business is the well-known security corporation, ADT. With this company being the leader of the fragmented home security market, ADT boasts an average of $3.5 billion in annual revenue with 25 percent of the residential market.
Similarly, Comcast is working to penetrate the market with its huge installment base in more than 54 million homes. Not only can IoT technology be found in security systems and cable networks, this emerging technology is now integrated into common household items such as: Central appliances, thermostats and smart refrigerators.
How Consumers Benefit From IoT
Consumers benefit from the conveniences of online connectivity daily and simplified household tasks and functions. Consumers use IoT to simplify their lives with automatic sprinkler systems, washers, household lighting systems, power meters, advanced home controls and audio features.
Augmented Reality (AR) and Wearables
Augmented Reality (AR), wearable technology and the emergence of IoT encompasses human augmentation. They are coming together to create a new reality that will forever change the way we experience the world around us. As these technologies emerge, the primary focus rremains; serving human needs.
AR is a digital layer of information (including images, text, videos and 3D animations) viewed on top of the physical world through a smartphone, tablet or eyewear. AR is now expanding to include things like wearable technology, sensors and artificial intelligence (AI) to interpret your surroundings and to deliver contextual, meaningful and unique experiences to you, the consumer.
Furthermore, AR technology gives us a unique sensory awareness, deeper intelligence and heightened interaction with our world and each other.
Virtual Reality (VR) and Wearables
Virtual Reality (VR) technology, such as the emergence of the Oculus Rift wearables, offers the consumer a unique 3D interactive experience. Examples of the VR experience using Oculus Rift wearables includes: Consumer immersion in games, movies, time travel, space travel and even just to hang with friends in VR.
The Oculus Rift Experience
Oculus Rift uses state-of-the-art displays and optics designed specifically for VR. Its custom optics system provides an incredible visual experience and an immersive, wide field of view.
Emerging Technology and Transportation
Earlier, we discussed the IoT and transportation as an emerging technology. One example of how the IoT is being integrated into transportation is with the Tesla Autopilot Car. Tesla autopilot cars are equipped with software that can auto update consumers on needed car repairs or maintenance. Furthermore, these cars can autonomously arrange a valet to pick the vehicle up and get it to the nearest Tesla service center.
Tesla’s newest innovation to the autopilot car is its recent version 6.2 update, which tells the driver about blind spots, and it also renders the vehicle capable of emergency braking.
In conclusion, the emergence of the IoT technology is basically a free communication between Machine to Machine (M2M) with no human involvement. Any object which is capable of identifying, connecting and communicating with other objects is an IoT at work.