The Internet can be thought of as a combination of an "Internet of People," an "Internet of Information," an "Internet of Things" and an "Internet of Places." The potential for combining all of this is staggering. The Internet of Things (IoT) turns every manufacturer into a software provider, which will have profound impact on application strategy, architecture, development and integration.
By the year 2020, over 26 billion things – cars, coffee machines, even animals – will be connected to the internet. They’re calling this next upgrade to the web ‘The Internet of Things’. The concept evolved as wireless Internet became more pervasive, embedded sensors grew in sophistication and people began understanding that technology could be a personal tool as well as a professional one.
Here are some examples of the impact the IoT has on industries:
- Intelligent transport solutions speed up traffic flows, reduce fuel consumption, prioritize vehicle repair schedules and save lives.
- Smart electric grids more efficiently connect renewable resources, improve system reliability and charge customers based on smaller usage increments.
- Machine monitoring sensors diagnose – and predict – pending maintenance issues, near-term part stock outs, and even prioritize maintenance crew schedules for repair equipment and regional needs.
- Data-driven systems are being built into the infrastructure of "smart cities," making it easier for municipalities to run waste management, law enforcement and other programs more efficiently.