Our experts analyze the technology that makes it possible for any imaginable object to be able to be connected to the Network, become intelligent and therefore, offers infinite possibilities.
What is IoT?
The Internet of Things (IoT) is about things having an Internet connection anytime, anywhere.
This technology brings together:
– Hardware, with sensors and devices in everyday objects,
– Connectivity, connecting objects over fixed and wireless networks
– Data, implies that any object can be a source of data.
The IoT is beginning to transform the way we do business, the organization of the public sector and the day-to-day lives of millions of people. The Internet of Things is much more than ubiquity. For starters, it’s a way to instrument the planet. As everyday objects come to life thanks to sensors, the world becomes more interconnected and these objects, along with machines and people, communicate in a radically different way.
The Internet of Things is already in our lives, in this section we will explain where and how.
In our report we already commented that:
The Internet of Things is a breakthrough with a great impact on society and business. As information and people become increasingly connected, technology serves as a tool for collaboration and decision-making in a world where the physical converges with the digital. Consumers gain bargaining power because the data they need is just a click away, and new business models emerge that aim to maximize the possibilities of an open and modifiable system for all. Gone is that the company is an organization for economic purposes. Motivations as diverse as the optimization of resources with a clear environmental background, the supply of individual excess capacity or the collective demand for knowledge of the origin of products have served as an innovative business concept under the umbrella of the Internet of Things.
In this section we will try to answer these questions. Where are IoT solutions being applied?What are they enabling?What impact are they having?What examples are there?
The arrival of 5G, the cheapening of IoT devices, and the growing offer of SaaS (Software as a Service) and PaaS (Platform as a Service) solutions may be the drivers of a massive adoption of the Internet of Things in the next 5 years, but we should not underestimate the impediments: mostly, lack of standards, cybersecurity problems (how to solve in IoT solutions the two main causes of cyberattacks: identity theft and unencrypted data) and lack of trust perceived by the citizen.
