IoT Training in Jaipur

Importance & Scope Of IoT

• IoT will be deeply embedded into every facet of our everyday lives.
• If you have any doubt about this, let’s rewind and forget about the future for a second. Let’s examine the present. Look at the smart home maket
• Before, you probably would have said that a virtual assistant like Alexa was unnecessary. And maybe you still do. But you probably know a few people who use it daily. This is only expected to increase with time.
• In fact, the substantial potential of the smart home market is the main reason why Google is spending hundreds of millions of dollars to take the smart home throne from Amazon.
• You can see similar transformations occurring all over the place.
• Healthcare professionals are leveraging IoT’s abilities in a multitude of ways. One of my favorite examples is the fact that it’s now possible to remotely monitor someone’s health halfway across the world. Doctors can keep an eye on how a patient’s vitals are trending and act accordingly, even if they’re thousands of miles away.
• IoT is also in hot demand for industrial applications. Manufacturers all over the world are already utilizing it to streamline analytics, improve infrastructure, and produce better products.
• The company that establishes itself as an authority in industrial IoT will set itself up for success for the next few decades.
• This is why companies like Cisco,Ibm are all racing to be the lead innovators in industrial IoT.
• Even your morning compute  is getting a big boost thanks to IoT! Many experts believe IoT is the answer to keep our traffic under control. Together with artificial intelligence (AI), IoT will allow us to get to locations faster than ever before by optimizing both traffic and pedestrian flow.
• But that’s just where it begins -- IoT is the backbone of smart city initiatives. Cities around the world are currently experimenting with IoT-enabled streetlights, lamp posts, and even garbage cans.
• And while this produces a plethora of applications, I’d like to focus on my favorite one for a second:
• With IoT, we can actually achieve a carbon-neutral future.
• Cities can become much more sustainable with IoT. It’s allowing us to understand our environment on a deeper level. You can embed sensors that analyze the atmosphere around it. Should there be a fire, flood, toxic waste spill, or any other disastrous issues in the area, you can receive real-time alerts to take action quickly.
• In terms of resources, IoT has also proven to be invaluable. It’s already helping to optimize water and electricity resources. This will continue to radically grow in the next few years.
• So, why is IoT able to cause such immense impact across a variety of fields? Let’s look at a simple definition of exactly what IoT is:
• IoT is a network of connected hardware that is able to push, pull, and act upon data from the real world.
• The network can consist of any number of formerly inanimate objects. This may sound ridiculous, but you’d be surprised what data you can discover from doing this.
• It all boils down to how we use data.
• If data is the new oil, then IoT is an absolute goldmine.
• As we discussed before, IoT is extremely adaptable; it can embed itself and become useful in almost any situation. This is due to its versatility in how it interacts with data.
• In turn, this is opening up new avenues never possible before.
• IoT is allowing us to bridge the digital and physical worlds in unprecedented, intuitive ways.
• But this isn’t only relegated to our application of technology. One of IoT’s biggest strengths comes from its interaction with other technologies.
• Basically, IoT has a mutually beneficial relationship with virtually all disruptive technologies.
• Advancements in the Blockchain, AI, AR/VR, quantum computing, or the cloud can all be leveraged to improve IoT, and vice versa.
• As we approach the technological singularity, we’re starting to witness the convergence of all these technologies. They’re starting to operate with one another and provide value to each other.
• Together, they’re allowing each other to blossom and bloom. Like pieces of a puzzle, each technology is bolstering our abilities to capture, analyze, and act on massive amounts of data in a fraction of a time.
• They’re literally powering the pace of progress for each other. And IoT is front-and-center in this innovation.
• Believe it or not, everything we’ve discussed is just the tip of the iceberg.
• The McKinsey Global Institute projects IoT’s economic impact to be over $6 trillion in the next 9 years.
• IoT is an unstoppable disruptive force that will revolutionize… well, practically everything.
• It will be embedded into the fabric of society.
• So, to answer your original question more succinctly: