Nearly 30 years ago, the economists Robert Solow and Stephen Roach caused a stir when they pointed out that, for all the billions of dollars being invested in information technology, there was no evidence of a payoff in productivity.
From 15 billion devices today, the world will see 50 billion devices connected via the Internet of Things (IoT) by 2020, according to a report by Cisco. Also, the global IoT market is expected to grow from $655.8 billion to $1.7 trillion in 2020.
An IT admin walks in to his cabin and instantly knows something is wrong. He does not even have to look at his dashboard to identify the problem. Instead, he heads straight to the server room to fix the server which is overheating because of a failed fan.
The IT admin does not have a sixth-sense. He is alerted to the problem by an internet-enabled thermostat in the server room which sensed the rise in temperature and automatically changed the lighting to alert the admin, through an internet-enabled lightbulb and his smart watch.
First it was the fridge — it didn't feel as cold. Then the oven was taking a long time to heat up. Then the air conditioning, the washer, the dryer… even the microwave — they all seemed a little off. Not much — but a proud and dedicated homeowner like myself could definitely feel it. Then my phone rang. It was John, my neighbor.
Tackling the challenges that industries are facing in the near future to become smarter and more competitive will require a combination of knowledge and hands-on experience to enable companies to take a step further. The Internet of Things (IoT) Solutions World Congress will showcase three testbeds on its first edition to show attendees practical examples of how the industrial internet will transform information and data into a competitive edge through enhanced productivity.
LAS VEGAS – A device the size of a quarter that can be installed in 60 seconds on a proximity card reader could potentially be used to break physical access controls in 80 percent of deployments.
The device, dubbed BLEKey, is used to read cleartext data sent from card readers to door controllers to either clone cards or feed that data to a mobile application that can be used to unlock doors at any number of installations.
'There will need to be an integrated device, whereby the gateway is also the hub, or integrated hub, and gateway solutions will be needed'
The battle for the Internet of Things (IoT) gateway in the connected home is hotting up, according to analyst firm Gartner.
The ability to monitor and control the home as a holistic platform of devices and appliances has emerged as they have increased in smartness and cellular and cable connections have improved, while prices continue to decline.
A clan of security geeks are flying a ZigBee-sniffing drone to map online internet-of-things things universe in what they hope will be the SHODAN of electronic junk.
The project run by a team at the Texas-based firm Praetorian is being conducted in researchers' free time and hopes to explore the functionality and security integrity of internet-of-things devices operating on the popular ZigBee communications protocol.
The U.S. Postal Service is betting a new device will soon enter hi-tech homes, alongside the self-adjusting thermostats, text-enabled washing machines, and fridges notifying owners when groceries run out: the smart mailbox.
It's the future of mail delivery, according to USPS’ Office of the Inspector General: a mailbox, equipped with tiny sensors that can collect data on mail delivery and pick up time, or outside temperature. The owners might control the box's internal temperature and locking mechanism through a smartphone app.
Just because you can do something, does it mean you should?
That question may come to mind when considering the Internet of Things — the idea that one day, products of virtually all kinds will be connected to the Internet and integrated.
Many of us now take for granted simple things that Internet-connected devices can do, like starting a car from inside the house, turning off air-conditioning with a smartphone app and automatically sending our blood pressure readings to our doctors.
MS. BLUMENSTEIN: Your business model is obviously very different than Apple’s and Samsung’s. Your MiPhone is half the cost of an iPhone. You do viral marketing. You have a fan base. You engage them in design. You now have some imitators who are trying to copy you. How is the business model evolving in China and beyond?
All around us, the world grows more intertwined every day. Thanks in part to our global web connections, we have the ability to interact with people and things on an incredible level. This online experience can be life-saving and important, or it can be as arbitrary as simplifying monotonous tasks.
At a time when cities in India are competing to earn the distinction of being smart, the concept of a ‘smart city’ has to cover more than smart mobility and governance; in fact, other factors of wellness have to be factored in while drawing up plans for smart cities, says D. Ramakrishna, managing director of Vijayawada-based Efftronics Systems Private Limited, which is currently working on microchip-based smart solutions.
The Internet of Things (IoT) is heralded as the biggest technology development since the invention of the wheel. Perhaps unsurprisingly, every man and his dog are therefore rushing to deliver solutions that solve IoT-specific problems.