Friday, November 15, 2019

IoT devices-a simple understanding and a few interesting fac


The tech world is abuzz with talk about a lot of interesting developments and innovations. At the cost of banal repetition, one should emphasize that the technologies that are set to bring in changes of a hitherto unseen and unexperienced magnitude include Artificial Intelligence, the Internet of Things, Machine Learning, deep learning, Big Data, blockchain and so on.
Where does that place IoT in this scheme of things? Again, to repeat the obvious, the Internet of Things is a prime technology that enables remote and seamless connectivity and interaction between devices in an ecosystem. What this means is that devices that have no relationship to each other apart from being connected via the Internet become partners in communicating vital information to each other.
The purpose of this communication is to bring about added efficiency between devices. Any device that is connected to the IoT infrastructure and can communicate with another device in the same network is an IoT device. Hence, the role of IoT devices to IoT is that of body and soul: one cannot exist without the other.
The growth of IoT devices has been phenomenal, to put it mildly. How else does one define a growth pattern that has always looked northwards and will continue to? A look at this table shows the ways in which the market for IoT devices has been exploding and is expected to continue to do so:


Interesting facts and observations about IoT devices
When talking about a global technology such as IoT, it is interesting to explore a few interesting facts about IoT devices. Here are a few figures about IoT devices, a look at which is sure to convince anyone about the extremely high trajectory of growth we are looking at in this industry:
-        In 2003, there was one IoT device for every 120 humans on this planet. In 2008, the number of IoT devices was equal to that of the human population; in 2018, there were six devices for every human

-        A fivefold increase in the growth of IoT devices is expected in the decade from 2015, from about 15 billion devices to an estimated 75 billion in 2025

-        This kind of growth has prompted General Electric to put the figure of investments on industrial Internet of Things (IIoT) at a whopping $60 trillion by about 2035

-        Another study puts smart cities as the area that will consume the highest share of IoT devices, followed by industry and healthcare. This is amply expressed in this graph:

-        Considering the huge amounts of electricity that is required to run these devices, companies across the world are in the process of developing “powerless” devices, i.e., IoT devices which don’t require electric power to stay connected to each other

The time to make a career in IoT is now!
So, what does a career in IoT hold for an IT professional? While the figures shown above are enough to fill a potential career seeker with awe and excitement, a more interesting fact is that seven out of eight people on this planet have not heard this term! This is one of the hottest reasons for which to make a career in IoT. From now till the time IoT devices replace traditional ones that we know and use today, an innumerable number of IoT professionals would be soaked up by the IT industry.
There is no better time to make a start in this wonderful area of technology. Enroll today for a course in IoT with Simpliv. Start taking concrete steps towards a most fulfilling and rewarding career!
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