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Impact of internet of things / The rise of IOT Industry

https://www.techiexpert.com/ How the IoT industry is impacting currently. Top IOT countries and IOT company products. Future Trend of IoT. Are You Prepared For Internet Of Things (IoT)? It comes 2020 and millions or even billions of smart electronic devices, linked through the Internet, would relate with each other independent of human intercession. This network of interacting electronic gadgets is named as the Internet of Things (IoT). Looking at it from our times (2013), one could expect the Internet of Things to consist of tablet computers, PCs, digital cameras, robots, mobile phones, e-Book readers, public and private computer networks and whatever innovative electronic devices that would be built between now and 2020. BENEFITS of IoT Automation will have made such high levels as to reason an example shift in our lifestyles. One of the most significant changes, which we can expect to observe, is that our lives will become far easier than now. Actually, we would have to travel less. There will be even more time to offer to our primary occupations and of course, rest and relaxation. Here some examples to assist one appreciate what life would be like in the Internet of Things age. You can, for case, suppose your PC to automatically sort groceries when their stocks fall under set levels. If you had a specialized robot at your home, you can set it and open the door to a guest after verifying his or her identity. So, if you’ve both a PC and robot at the home, when the grocery store's release person comes at the door and rings the bell (supposing that his or her identity info. (Information) has been saved in the robot), you can expect your robot to verify his or her identity info. And open the door, verify in your purchases, send an electronic notification to the store, say "Bye!" to the delivery being, shut the door and then put the purchases at a places you’ve taught it to. Gadget using high tech sensors can then be expected to inform your PC that new items have arrived (as well as their quantities) and the PC, in turn, will automatically update stock balances and pay off the store through issuing an order to your bank or credit card account. “Internet of things ecosystem, Advantages of IOT, Internet of things evolution, Internet of things uses, Impact of internet of things, Internet of things app development, Benefits of IOT, IOT developers, Top IOT companies.”

https://www.techiexpert.com/
How the IoT industry is impacting currently. Top IOT countries and IOT company products. Future Trend of IoT.
Are You Prepared For Internet Of Things (IoT)?
It comes 2020 and millions or even billions of smart electronic devices, linked through the Internet, would relate with each other independent of human intercession. This network of interacting electronic gadgets is named as the Internet of Things (IoT). Looking at it from our times (2013), one could expect the Internet of Things to consist of tablet computers, PCs, digital cameras, robots, mobile phones, e-Book readers, public and private computer networks and whatever innovative electronic devices that would be built between now and 2020.
BENEFITS of IoT
Automation will have made such high levels as to reason an example shift in our lifestyles. One of the most significant changes, which we can expect to observe, is that our lives will become far easier than now. Actually, we would have to travel less. There will be even more time to offer to our primary occupations and of course, rest and relaxation.
Here some examples to assist one appreciate what life would be like in the Internet of Things age. You can, for case, suppose your PC to automatically sort groceries when their stocks fall under set levels. If you had a specialized robot at your home, you can set it and open the door to a guest after verifying his or her identity. So, if you’ve both a PC and robot at the home, when the grocery store's release person comes at the door and rings the bell (supposing that his or her identity info. (Information) has been saved in the robot), you can expect your robot to verify his or her identity info. And open the door, verify in your purchases, send an electronic notification to the store, say "Bye!" to the delivery being, shut the door and then put the purchases at a places you’ve taught it to. Gadget using high tech sensors can then be expected to inform your PC that new items have arrived (as well as their quantities) and the PC, in turn, will automatically update stock balances and pay off the store through issuing an order to your bank or credit card account.
“Internet of things ecosystem, Advantages of IOT, Internet of things evolution, Internet of things uses, Impact of internet of things, Internet of things app development, Benefits of IOT, IOT developers, Top IOT companies.”

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How the IoT sector is evolving<br />

currently. Top countries and IoT<br />

products. Future Trend <strong>of</strong> IoT.<br />

Evolution <strong>of</strong> IoT<br />

Techiexpert.com<br />

Srikanth (Author)<br />

Evolution <strong>of</strong> IoT<br />

Current & Future IoT Trend


What is IoT? --------------------------------------------------------------------- 02<br />

<strong>The</strong> size <strong>of</strong> IoT <strong>Industry</strong> ------------------------------------------------------- 05<br />

Security & Threats for <strong>IOT</strong> Developers ----------------------------------- 08<br />

In which Sector <strong>IOT</strong> is Evolving Rapidly? --------------------------------- 13<br />

Top 10 countries in <strong>IOT</strong> -------------------------------------------------------- 28<br />

TOP 10 Countries & their IoT products ------------------------------------ 30<br />

How is <strong>IOT</strong> benefiting normal audiences? -------------------------------- 40<br />

Best Companies working on <strong>IOT</strong> --------------------------------------------- 45<br />

Future <strong>of</strong> <strong>IOT</strong> by 2020 ----------------------------------------------------------- 48<br />

1 | Techiexpert.com


<strong>The</strong> <strong>internet</strong> <strong>of</strong> <strong>things</strong>, also called the <strong>internet</strong> <strong>of</strong> objects, refers to a wireless<br />

network between objects.<br />

By embedding short-range mobile transceivers into a wide array <strong>of</strong> additional<br />

gadgets and everyday items to connect and communicate within social,<br />

environment and the users.<br />

History <strong>of</strong> IoT:<br />

<strong>The</strong> concept <strong>of</strong> the <strong>internet</strong> <strong>of</strong> <strong>things</strong> 1 st became popular in 1999, through Auto-<br />

ID and MIT. Radio frequency identification was the pre requisite for the <strong>IOT</strong> at<br />

that point.<br />

Besides using RFID the tagging <strong>of</strong> <strong>things</strong> may be achieved through such<br />

technologies as near field communication, barcode, QR codes, Bluetooth.<br />

From the year 2016 the IoT has a wide range <strong>of</strong> covering in multiple technologies<br />

such as wireless sensor networks, control systems, automation including home<br />

and building automation.<br />

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How <strong>IOT</strong> works:<br />

<strong>IOT</strong> is not the result <strong>of</strong> a single novel technology instead several complementary<br />

technical developments provide capabilities<br />

Few such capabilities are addressability, identification, sensing, localization,<br />

embedded information processing, and user interfaces.<br />

3 | Techiexpert.com


Technologies:<br />

1. Wi-Fi<br />

2. Zigbee IEEE<br />

3. Sensors and smart phones.<br />

Internet <strong>of</strong> <strong>things</strong> has made the mode <strong>of</strong> payments so easy that there is no direct<br />

access to the customer at the time <strong>of</strong> purchase.<br />

Applications:<br />

‣ Medical and Healthcare systems<br />

‣ Daily life and transport<br />

‣ Media<br />

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Advantages:<br />

‣ Data: the more the information, the easier it is to make the right decision<br />

‣ Tracking: <strong>The</strong> computers keep a track both on the quality and the viability<br />

<strong>of</strong> the <strong>things</strong> at home.<br />

‣ Money: <strong>The</strong> financial aspect is the best advantage. <strong>The</strong> technology could<br />

replace humans who are in charge <strong>of</strong> monitoring.<br />

Disadvantages:<br />

‣ Privacy: privacy is a big issue with <strong>IOT</strong>.<br />

‣ Safety: <strong>The</strong>re is a chance that the s<strong>of</strong>tware can be hacked and your<br />

personal information misused.<br />

Internet <strong>of</strong> <strong>things</strong> or <strong>IOT</strong> is now deemed to be the next big thing <strong>of</strong> the upcoming<br />

years. <strong>The</strong> idea <strong>of</strong> <strong>IOT</strong> is overwhelming the industry and can be said as the next<br />

industrial revolution.<br />

5 | Techiexpert.com


What is <strong>IOT</strong> at its simplest?<br />

To explain simply, Internet <strong>of</strong> <strong>things</strong> or <strong>IOT</strong> is the digital ecosystem. To make<br />

thing more simple <strong>IOT</strong> is nothing else but smart devices. It is any device that has<br />

ability to collect or transfer data without manual help.<br />

Smartphone can be taken as an example <strong>of</strong> an <strong>IOT</strong> device. However the <strong>IOT</strong> is<br />

not limited to just smart phones. From cars to home appliances like refrigerator<br />

and air conditioners to business devices, use <strong>of</strong> <strong>IOT</strong> is becoming more and more<br />

popular<br />

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Origin <strong>of</strong> <strong>IOT</strong> <strong>Industry</strong><br />

Let’s take a look at the history <strong>of</strong> the <strong>IOT</strong> industry. <strong>The</strong> concept is said to be 35<br />

years old when a coke machine at Carniegie Meltion University became the first<br />

<strong>internet</strong> connected appliance.<br />

<strong>The</strong> future model <strong>of</strong> the <strong>IOT</strong> was proposed in 2004. Within the last 2 years,<br />

world has seen a boom in the <strong>IOT</strong> industry.<br />

Current Size <strong>of</strong> <strong>IOT</strong> <strong>Industry</strong> and Future<br />

From last 2 year, world have observed a boom in the <strong>IOT</strong> industry. Use <strong>of</strong> <strong>IOT</strong> is<br />

growing in the every industry around the world.<br />

A misconception about the <strong>IOT</strong> is that it is mostly used in technological sector.<br />

<strong>The</strong> facts however tell a different story.<br />

<strong>The</strong> <strong>IOT</strong> is now used in different industrial sector all around the world. From<br />

NPO, NGO to a pr<strong>of</strong>it making organization, Use <strong>of</strong> <strong>IOT</strong> is growing all around the<br />

world.<br />

Two years ago it was said that by 2020 the size <strong>of</strong> <strong>IOT</strong> industry will exceed to<br />

30.7 Billion <strong>IOT</strong> devices.<br />

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As <strong>of</strong> 2016, there are approximately 20.35 Billion <strong>IOT</strong> devices. In 2015 the total<br />

<strong>of</strong> market size <strong>of</strong> <strong>IOT</strong> was up to $900 Million which is said to be increased to $3.7<br />

Billion. More growth in <strong>IOT</strong> industry is expected in the future.<br />

<strong>The</strong>re are many threats for the <strong>IOT</strong> developers and we can overcome these<br />

threats by providing security to the <strong>IOT</strong> developers.<br />

<strong>The</strong> data which is generated by the sensors or by the smart objects can be<br />

collected, analysed and processed to monitor and control the environment<br />

physically in a pervasive manner.<br />

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Protecting the personal information is the primary key for the consumers in the<br />

private sector. Several aspects can be covered when we use <strong>IOT</strong> in the private<br />

sector. In today’s world the <strong>IOT</strong> plays a vital role towards the digital global<br />

transformation.<br />

Security for the <strong>IOT</strong> developers:<br />

<strong>The</strong> <strong>IOT</strong> is evolving constantly to meet the customer needs and also the needs<br />

<strong>of</strong> every individual.<br />

It is really very challenging to find develop a framework for the security using<br />

the technology. <strong>The</strong> security can be developed once we take lessons from the<br />

experiences <strong>of</strong> the past.<br />

It is very hard to provide the rules for security in a quick manner as they<br />

resemble working to know about a creature biologically. <strong>The</strong>re are many<br />

problems that are arising from the <strong>IOT</strong> in the areas <strong>of</strong> security.<br />

So many giants in tech and some start-ups are developing solution for those<br />

security problems. <strong>The</strong>re are many vulnerabilities in the security for <strong>IOT</strong> devices<br />

and some <strong>IOT</strong> devices are attacked due to vulnerability.<br />

Even though there are a plenty <strong>of</strong> opportunities to <strong>of</strong>fer growth there is no<br />

security for the <strong>IOT</strong>. During the 90’s <strong>internet</strong> did not deal with different types <strong>of</strong><br />

the hardware.<br />

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By using Exotic material and different production techniques the manufacturers<br />

can reduce the bulk. <strong>The</strong>y also require expensive batteries which are bigger and<br />

heavier as they more power.<br />

Starting from the individual developers to tech giants everyone needs to play a<br />

crucial in order to make the <strong>internet</strong> secure.<br />

<strong>The</strong> basic points which you need to consider when you need to improve the<br />

security <strong>of</strong> <strong>IOT</strong> are as follows:<br />

‣ <strong>The</strong> security needs to be emphasized from first day. Both the private and<br />

personal information <strong>of</strong> the customers need to be protected.<br />

‣ Have a look on the updates which can be used as the pro<strong>of</strong>s for the future<br />

and also on the life cycle.<br />

‣ Make sure that the device is authenticated properly and having control<br />

when it is accessed.<br />

‣ Always have a quick eye to know about your enemy.<br />

‣ It is also the responsibility <strong>of</strong> the developers to get the security breaches<br />

prepared.<br />

So, if you follow the above instructions for the <strong>IOT</strong> then you can make your <strong>IOT</strong><br />

secure. <strong>The</strong> performance <strong>of</strong> your <strong>IOT</strong> can also improve if it has proper security.<br />

10 | Techiexpert.com


Threats <strong>of</strong> <strong>IOT</strong>:<br />

<strong>The</strong> <strong>IOT</strong> has threats but we are not sure that every threat can be solved with<br />

the help <strong>of</strong> security. We need to analyse the threat at first and then try to solve<br />

the threat in a proper procedure.<br />

In case if you have a threat in your <strong>IOT</strong> then you need to understand how that<br />

threat is affecting your <strong>IOT</strong>.<br />

If there is a big threat in your <strong>IOT</strong> then you need to split that into small parts and<br />

solve in a step by step manner. You can develop different strategies to solve<br />

your threat and implement the best one as required.<br />

Smart devices are considered to be vulnerable to many individuals. Connected<br />

cars can also be hacked so many people are worried about problem.<br />

11 | Techiexpert.com


Many cyber security incidents that took place recently should be considered as<br />

the teaching lessons for the pr<strong>of</strong>essionals in security.<br />

<strong>The</strong> DNC (democratic national committee) hacking has leaked many emails and<br />

also published them online which can be said a teachable lesson.<br />

If you increase the check on staffers and the volunteers on their background<br />

then the security can be improved. <strong>IOT</strong> is not a lost cause together as whole.<br />

As the technology is emerging from day to day the developers also need to<br />

notice the bugs present in the products and overcome those bugs by providing<br />

security.<br />

You need to postpone your purchases if <strong>IOT</strong> is not working and security services<br />

are not evolved.<br />

<strong>The</strong>re is a chance for a threat to occur if there are insecure protocols as the<br />

creation <strong>of</strong> all the devices is not equal. So you need to disable the insecure<br />

protocols in your <strong>IOT</strong>.<br />

If you never change your password and keep your <strong>IOT</strong> device enabled then that<br />

can also be a threat for your <strong>IOT</strong>. We can ensure that security will be provided<br />

by the developers in the future.<br />

12 | Techiexpert.com


<strong>The</strong> Internet <strong>of</strong> <strong>things</strong> is evolving rapidly in different sectors. Now we are<br />

going to discuss about <strong>IOT</strong> in different sectors.<br />

1. HealthCare:<br />

<strong>The</strong>re is a major change in healthcare sector with the Internet <strong>of</strong> <strong>things</strong>.<br />

To maintain the records <strong>of</strong> the patient information in earlier days only pen<br />

and paper are used.<br />

Now-a-days there are many healthcare applications which will allow the<br />

patients to schedule their appointments without calling to the doctor’s<br />

<strong>of</strong>fice or waiting near the reception.<br />

<strong>The</strong> doctors can carry information with wherever they go through the<br />

applications in their smartphones. <strong>The</strong> connectivity is increasing day to<br />

day and there is no chance to slow down.<br />

<strong>The</strong> patients can take an active role for their own health and well-being<br />

through the portal technology. <strong>The</strong> portal technology will allow users to<br />

login to the website <strong>of</strong> the healthcare provider.<br />

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<strong>The</strong> website will allow the patients to access their medical records,<br />

download the forms and prepare for the appointments.<br />

<strong>The</strong> home monitoring systems will allow the patients and doctors to keep<br />

the track record <strong>of</strong> health for an individual.<br />

Using this system you can avoid the costly and unnecessary trips to sit<br />

with the physician when the doctor is not in the <strong>of</strong>fice.<br />

For both the patient and doctor fronts the <strong>IOT</strong> is starting slowly to weave<br />

into the healthcare.<br />

To allow the patients track their health the ultrasounds,<br />

electrocardiograms, thermometers, glucose monitors and many more are<br />

starting to get connected.<br />

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<strong>The</strong>se technologies will be required in crucial situations when the patient<br />

has the follow-up appointments with the doctors.<br />

Smart beds have been implemented in many hospitals where the<br />

presence <strong>of</strong> the patient can be sensed and adjust itself automatically. It<br />

will adjust to the exact angle and pressure which provides proper support<br />

to the patient without the help <strong>of</strong> nurse.<br />

Patient care at home can be transformed with the help <strong>of</strong> <strong>IOT</strong>. Some<br />

patients do not take appropriate doses and proper medication at the<br />

correct time.<br />

If you have smart medication dispensers in your home they will upload<br />

the information automatically to the cloud. When the patients don’t take<br />

the medicine the doctors will get an alert through these smart medical<br />

dispensers.<br />

Many reputed companies are leading the pack about the <strong>IOT</strong> and the<br />

healthcare.<br />

A report has been released by the grand view research recently on the<br />

healthcare sector. It noticed that the industry is dominated by a handful<br />

<strong>of</strong> key players.<br />

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Many companies are trying to gain a major part by developing specific<br />

products for the medical applications and increasing the research<br />

collaboratively.<br />

2. Market Places:<br />

<strong>The</strong> Evolution <strong>of</strong> <strong>IOT</strong> in market places plays a key role for the growth <strong>of</strong><br />

opportunities.<br />

Most <strong>of</strong> the industries recognize that the telecommunication providers<br />

and different enterp<strong>rise</strong>s <strong>of</strong> the next decade can avail opportunities<br />

through <strong>IOT</strong>.<br />

Home automation and control is the first phase related to <strong>IOT</strong>. For<br />

example by using mobile you can control a home appliance.<br />

A normal device like mobile phone is required during this phase and there<br />

is no need <strong>of</strong> special device.<br />

<strong>Industry</strong> automation is the next phase through which the <strong>IOT</strong> is expended.<br />

This phase also includes the applications which can monitor the health<br />

and video surveillance.<br />

<strong>The</strong> machine type <strong>of</strong> communication is defined as a phase in which the<br />

data is collected by the sensors. <strong>The</strong> data is transformed over the network<br />

through the remote server and then it is processed.<br />

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Internet <strong>of</strong> everything is the current phase <strong>of</strong> <strong>IOT</strong> where everything is<br />

being connected to everything. Special networks and devices are required<br />

in order to support that connectivity.<br />

<strong>The</strong> indoor coverage needs to be strong as many <strong>of</strong> the devices will be<br />

placed in the indoor. <strong>The</strong>re should be a large capacity in the network as<br />

there may be billions <strong>of</strong> devices.<br />

<strong>The</strong>re is no requirement <strong>of</strong> high data for the <strong>internet</strong> devices but they<br />

need a long battery life. In the coming future to expect a trillion dollar<br />

market an aggressive growth is set by the <strong>IOT</strong>.<br />

By the year 2025 the <strong>IOT</strong> is estimating to connect nearly 30 billion devices.<br />

<strong>The</strong> significant part <strong>of</strong> the <strong>IOT</strong> communications is fixed and short range <strong>of</strong><br />

networks.<br />

As a choice <strong>of</strong> technology the cellular technology is also forecasted to<br />

grow for applications <strong>of</strong> <strong>IOT</strong>.<br />

To cover the market <strong>of</strong> health, retail, transportation and other sectors the<br />

billion connected devices are required. <strong>The</strong>re is a rapid growth in the<br />

adoption <strong>of</strong> <strong>IOT</strong> for different industries.<br />

Telecom operators will have significant opportunities in the market. <strong>The</strong><br />

connectivity revenue in <strong>IOT</strong> is expected to increase from 6 billon US$ to<br />

nearly 50 billion US$ during 2011 to 2021.<br />

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A new revenue stream is generated through the larger enterp<strong>rise</strong>s and<br />

telecom developers in the market.<br />

For operating the solutions <strong>of</strong> <strong>IOT</strong> there need to be an increase in<br />

operational efficiencies.<br />

Tremendous devices with volumes need to be deployed. <strong>The</strong> physical and<br />

financial assets need to be utilized for optimizing the adoption <strong>of</strong> the <strong>IOT</strong><br />

through business perspective.<br />

3. Consumer Electronics:<br />

<strong>The</strong> consumer electronics are evolving rapidly with differentiated and<br />

unique products under immense pressure.<br />

A successful product attracts the consumer market quickly than the<br />

copycat product which is launched by the competitors.<br />

If the products are enhanced and the emerging technologies are<br />

supported by the manufacturers then they can stay ahead from the<br />

competition.<br />

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<strong>The</strong>re are some reasons why the life cycle <strong>of</strong> consumer products has a<br />

dramatic reduction.<br />

It is because many <strong>of</strong> the manufacturers are putting their total eggs in the<br />

same basket. <strong>The</strong>y are trying to produce a complete line <strong>of</strong> the products<br />

in different categories.<br />

Many <strong>of</strong> the manufacturers are <strong>of</strong>ten very anxious that they must be the<br />

first in the world to make a new product, technology or service. <strong>The</strong>y<br />

should not expose their hot products in the early stage and they need to<br />

be careful.<br />

<strong>The</strong> makers should be ready to bring the product quickly to the market<br />

once the product is revealed to the media or public.<br />

19 | Techiexpert.com


If the product is not released then other manufacturers will develop a<br />

similar product to beat you in the market. You need to get your dealers<br />

and salespeople early on board as the timing is critical.<br />

You can launch your new product successfully if you have proper<br />

marketing material.<br />

An advertising agency is required to promote your product as there is a<br />

high competition in the market. Some staff members in the electronic<br />

industry are well versed with the emerging trends.<br />

<strong>The</strong> way we live, work and play is completely changed completely due to<br />

the new technologies. In the human history many new technologies are<br />

emerging.<br />

<strong>The</strong> IPhone alone has reached 57 million units in the entire world. When<br />

the telecommunications power is combined with the power <strong>of</strong> computers<br />

it will be useful to consumers and it is realized by the CE industry.<br />

4. Smart Homes:<br />

As a next step towards the evolution <strong>of</strong> technology many people are<br />

having a long dream in their heart about the smart homes.<br />

<strong>The</strong>re are some latest developments in the smart home technology which<br />

include cooking through the voice commands, controlling the light and<br />

20 | Techiexpert.com


heat from your home. It will make you interact with your home and carry<br />

the tasks in your home.<br />

When we look in to history <strong>of</strong> the smart home technology there is<br />

betterment in the present as compared to the past.<br />

Improvements will be done on the existing services and new functions and<br />

services will be <strong>of</strong>fered.<br />

To our surp<strong>rise</strong> we can predict the accuracy <strong>of</strong> present and future with<br />

the improvements in technology.<br />

For the next couple <strong>of</strong> years it is clear that your old home will do many<br />

wonders which you have never imagined before.<br />

In 1932 a robot named alpha was designed as a personal assistant. <strong>The</strong>re<br />

was an exhibition at Dome in Brighton. <strong>The</strong> robot is programmed in order<br />

to answer the voice commands in a sequence.<br />

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It also includes firing a gun. <strong>The</strong> creator had apparently thought that<br />

there would be no mistake in teaching a prototype robot how to shoot<br />

with a gun.<br />

<strong>The</strong> live audience are explained about how to demonstrate this feature.<br />

It is still an under development issue about using the robots as assistants.<br />

A bright mechanical engineer named Emil Mathias has first created and<br />

used a fully automated functional house.<br />

He is a workman who handed his tools in a great way. To perform almost<br />

every task <strong>of</strong> the day with a simple push button, a unique abode was<br />

created by Mathias.<br />

Even there are a few impracticalities; the end product was very<br />

impressive. <strong>The</strong> house is no for sale and also not sponsored by any<br />

company.<br />

<strong>The</strong> <strong>IOT</strong> is the main force for the evolution <strong>of</strong> the smart homes.<br />

You cannot imagine how technology integrates into the common items<br />

and automated with <strong>IOT</strong> which is a technological trend.<br />

In future the devices will work in harmony and also communicate with<br />

each other.<br />

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Your TV screens and windows can sense movements done by you in your<br />

house and can tune accordingly. <strong>The</strong>re is a broad range for independent<br />

household applications in <strong>IOT</strong> for the current trends.<br />

A simple and smooth process will happen when the smart devices are<br />

integrated in the future. You can have new breath for your life at home.<br />

5. Smart Cities:<br />

From the last few decades the number <strong>of</strong> people living in cities has<br />

increased substantially. <strong>The</strong> percentage <strong>of</strong> people living in the rural areas<br />

will gradually decrease by the year 2050.<br />

As per the projections made by WHO and the United Nations the urban<br />

population will be nearly 66 percent.<br />

<strong>The</strong> communication networks will have great demand and there will be<br />

intense population on roads which will create traffic congestion.<br />

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<strong>The</strong>re will be a considerable strain on limited resources available due to<br />

the high population density. <strong>The</strong> local environment is also impacted due<br />

to the population density.<br />

<strong>The</strong> municipal governance, service providers and then utility companies<br />

need to take serious challenges.<br />

<strong>The</strong>re are 28 smart cities which are recognized currently around the<br />

globe. More than 10 cities are expected to qualify as smart cities by the<br />

year 2030. <strong>The</strong> <strong>IOT</strong> becomes inevitable now due to its applications.<br />

<strong>The</strong> multitude <strong>of</strong> issues faced by urban people in the modern society can<br />

be solved with the help <strong>of</strong> <strong>IOT</strong>.<br />

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Every metropolitan city will have sensors connected to the cloud.<br />

Different types <strong>of</strong> data can be accessed and monitored continuously<br />

which is acquired by the cloud.<br />

New services or functions will be developed and improvements will be<br />

done on the existing services.<br />

<strong>The</strong> cities in the future will be enabled to cope up people with a better<br />

quality <strong>of</strong> life as per their aspirations. It will considerably take some time<br />

for the older cities to exploit with the smart technology.<br />

Consider an example, the wireless communication can be used to make<br />

<strong>things</strong> easier than the wire line approach.<br />

This can reduce the expense and the inconvenience <strong>of</strong> laying cables which<br />

is a considerable factor.<br />

To allow the commuters to find their cars the smart parking systems are<br />

used. Many applications could be responsible to generate revenue and<br />

push the smart cities to a new agenda.<br />

6. Automobiles:<br />

<strong>The</strong> <strong>IOT</strong> has lead a connectivity to touch every industry in the world<br />

without leaving any sector.<br />

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<strong>The</strong>re is a substantial impact on every sector <strong>of</strong> the <strong>IOT</strong> and now it started<br />

to influence the automobile sector.<br />

It includes how we handle the automobiles, drive them and purchase<br />

them. <strong>The</strong> world gets smarter when smart phones are used as connection<br />

between one devices to the other device.<br />

<strong>The</strong>re is an emotional turmoil among the customers due to the<br />

inefficiency <strong>of</strong> the car dealers.<br />

<strong>The</strong> customers can save a lot <strong>of</strong> money if they go through the news <strong>of</strong> the<br />

online car deals. No mediator will be required if the buyers and sellers<br />

don’t have trust on the dealer.<br />

<strong>The</strong> customers can save a lot <strong>of</strong> money which is nearly about 1000$ in a<br />

one deal if there is no mediator.<br />

Earlier, people used to research about the car if they want to but now they<br />

can research and buy from the online services. It is in fact becoming a<br />

popular idea these days.<br />

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In the auto industry service the revolutionary changes in finance and <strong>IOT</strong><br />

are making a great change. With the help <strong>of</strong> <strong>IOT</strong> the insurance companies<br />

can monitor the speed, habits, driving time <strong>of</strong> the auto drivers.<br />

Through <strong>IOT</strong> we can expect a plenty <strong>of</strong> drivers who are cautious about<br />

Driving. Because the drivers know that their insurance premiums will be<br />

lowered so that they will drive carefully.<br />

This can potentially reduce the threat to the property and people due to<br />

the incentivizing customers. <strong>The</strong> customers can be helped to be better on<br />

road by predicting the habits <strong>of</strong> drivers through <strong>IOT</strong> analysis.<br />

Driverless cars will be developed and evolved through <strong>IOT</strong>. Without the<br />

involvement <strong>of</strong> driver the car will be connected with the help <strong>of</strong> s<strong>of</strong>tware<br />

and it is in process.<br />

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Many companies in the world are trying to create new products as the<br />

technology is emerging in our day-to-day life.<br />

<strong>The</strong>re is a huge competition among the countries in the world to take the Interne<br />

<strong>of</strong> <strong>things</strong> to the next level.<br />

Some countries are specialized in developing specific products. <strong>The</strong> <strong>IOT</strong> has<br />

different sectors in which the products can be developed. <strong>The</strong>se sectors include<br />

healthcare, hospitality, automobiles, consumer electronics, smart cities and<br />

smart homes.<br />

Top Countries:<br />

As per the Hawaii Global Connectivity Index, the United States is considered as<br />

the most connected country in the world. This includes factors like investments<br />

in the networks, storage, computing and e-commerce with other economic<br />

variables.<br />

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Apart from the United States the top 10 connected nations in order are Sweden,<br />

Singapore, Switzerland, the United Kingdom, Denmark, South Korea, the<br />

Netherlands, Japan and Norway.<br />

<strong>The</strong> US is dominating with a robust strength in the supply and demand <strong>of</strong> the ICT<br />

services. <strong>The</strong> data centres, cloud services, broadband, big data and <strong>IOT</strong> are<br />

enabled with the help <strong>of</strong> digital transformation.<br />

<strong>The</strong> stakeholders are represented with a target by the technologies and they<br />

should keep a focus on their investments.<br />

To transform their economies to the digital age efficiently the investments must<br />

be focused.<br />

According to the survey at the Hawaii the report says the least connected<br />

countries are Kenya, Nigeria, Ghana, Pakistan and Bangladesh.<br />

Digitalization is done in all the economies but the GCI will provide a guide only<br />

on the countries which are ahead and which are beyond on the digitalization.<br />

In order to identify the enterp<strong>rise</strong> leaders with the policymakers this is a<br />

platform.<br />

A new digital economy can be created in order to build a better connected<br />

world.<br />

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<strong>The</strong> research and development facilities can be improved which provides more<br />

opportunities to the people around the globe.<br />

<strong>IOT</strong> (Internet <strong>of</strong> Things) is changing the way <strong>of</strong> living. IoT is influencing the<br />

industries with the advancement in new methods and connecting industries.<br />

<strong>IOT</strong> is now transforming to every walk <strong>of</strong> life including your home, <strong>of</strong>fice, city or<br />

anywhere. <strong>The</strong> IoT products <strong>of</strong>fer insights to product consumption and having<br />

great control over products.<br />

It is successful in connecting people, communities, systems and environments<br />

better and shaping our lives.<br />

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Everyone needs the best products to shape their lives and <strong>IOT</strong> has solved this<br />

problem by ranking the top products, from the smart devices to s<strong>of</strong>tware,<br />

enterp<strong>rise</strong> platforms, and tools for connecting to different products etc.<br />

Let address the top ten countries and their IoT products or companies that are<br />

working in those countries. <strong>The</strong> list <strong>of</strong> them is given below:<br />

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Korea<br />

‣ Samsung Electronics in Korea is known as the best semiconductor<br />

manufacturers which are the top rated company in the world for<br />

communicating many devices.<br />

‣ MagnaChip is another top-rated semiconductor designer company that<br />

works for single to high volume applications for consumers and build a<br />

semiconductor platform for the users.<br />

‣ LG is <strong>of</strong>fering wonderful home appliances to live life happier and easier. <strong>The</strong><br />

innovative products <strong>of</strong> appliances and electronics like LED lighting, AC,<br />

Fridge, etc., are already working and now LG is <strong>of</strong>fering the robust products<br />

for consumers.<br />

‣ Comizoa is the leader famous for as an innovative network motion controller<br />

working in Korea. It can capable for acquisitions the data systems, AllNet,<br />

Ether Cat and EtherNet IP.<br />

‣ DUALi Inc. is working as a solution provider for the smartcards including, e-<br />

Passports, and e-Payment, e-ID and NFC advance solutions for both s<strong>of</strong>tware<br />

and hardware.<br />

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Denmark<br />

‣ Secomea is a company that is owned privately by the Danish company. It's<br />

the top market leader in the network security for <strong>of</strong>fices working in Denmark.<br />

This company has worked and built the line <strong>of</strong> Firewall and provides the<br />

device Mgt solution by remotes.<br />

‣ Seluxit is another international company working with its team in Aalborg, in<br />

the Denmark. This company works with its team <strong>of</strong> experts to set the wireless<br />

communication protocols, including the rooted hardware and the s<strong>of</strong>tware<br />

development that works as a gateway for the user interface integration for<br />

the users to connect their devices as an IoT solution. Which will enable the<br />

communication through devices over the <strong>internet</strong>.<br />

Switzerland<br />

‣ ABB is also known as a global leader due to automation and the power<br />

technologies, to improve the productivity, quality and provide solutions<br />

for customer operations in an environment.<br />

‣ Bastila is working is Switzerland that is <strong>of</strong>fering the management system<br />

for vehicles known as ecosystem A complete system for the fleet mgt<br />

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s<strong>of</strong>tware, or the smartphone applications as a solution for the smart, a<br />

system for travelers for a smart transportation to manage many vehicles<br />

at the same time.<br />

Bastila is also working for <strong>of</strong>fering vehicles solution to operate them as a<br />

fleet for public transportation. It <strong>of</strong>fers the s<strong>of</strong>tware for the real-time<br />

fleets <strong>of</strong> vehicles optimization. <strong>The</strong> purpose is to make the supply chain<br />

easier globally.<br />

USA<br />

‣ ThingWorx is the enterp<strong>rise</strong> that is <strong>of</strong>fering the standing by technology<br />

platform only. That may enable the developers to develop for the rapid<br />

solutions for their smart devices over the <strong>internet</strong>. It provides the fastest<br />

technology solutions than anyone else that can meet the large enterp<strong>rise</strong>'s<br />

needs.<br />

‣ Bright Wolf is another trusted technology supplier in U.S that is <strong>of</strong>fering its<br />

services to 1000 companies for their product solutions.<br />

‣ <strong>The</strong> Intel designs are the manufactures in U.S and they sell the integrated<br />

digital platforms <strong>of</strong> technology to the worldwide which may use various<br />

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applications for computing. <strong>The</strong> microprocessor system <strong>of</strong> data can control<br />

multiple devices in any system.<br />

‣ Cisco is another well-known manufacturer that design and <strong>of</strong>fers their broad<br />

lines <strong>of</strong> many products for selling to connect networks worldwide.<br />

Netherlands<br />

‣ <strong>The</strong> name Zenodys is very popular in Netherlands for setting the complex<br />

environments for businesses, for connectivity automation. Its <strong>IOT</strong> platform<br />

allocates the industry to connect more devices without writing the codes by<br />

using a visual interface.<br />

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‣ Lumileds is well known as a global leader for light, that is delivering the high-<br />

quality and innovative LEDs for to creating the next generation infiltrate<br />

products.<br />

‣ NXP is known as a market leader <strong>of</strong>fering the semiconductor that enables the<br />

Internet <strong>of</strong> use in Tomorrow. Being a global leader it is processing and<br />

intellect more solutions, with innovative to connect the world for future.<br />

‣ Gemalto is known as a security provider across different segments including<br />

machines, mobile, security transactions etc. It will <strong>of</strong>fer the more suitable<br />

digital interactions for secure transactions in future.<br />

Germany<br />

‣ <strong>The</strong> sap is the well-known enterp<strong>rise</strong> resource planning (ERP), s<strong>of</strong>tware<br />

leading provider that may use to incorporate the back-<strong>of</strong>fice functions. <strong>The</strong><br />

most valuable products <strong>of</strong> SAP are the CRM s<strong>of</strong>tware and ERP that is<br />

forefront by its business suite.<br />

‣ Siemens is known as the leading engineering enterp<strong>rise</strong> in Europe with its<br />

electrification value chain. Siemens Technology is <strong>of</strong>fering the advanced<br />

algorithms to businesses with high computing power and flood <strong>of</strong> data to<br />

facilitate the smart systems.<br />

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Sweden<br />

‣ HMS the Industrial Networks is the top supplier <strong>of</strong> communication products<br />

that <strong>of</strong>fers independently.<br />

‣ It has three brands including IXXAT, Anybus, and eWON that enable the<br />

devices <strong>of</strong> industries to connect different networks. Its headquarters is in<br />

Swede, whereas the development centers are in Belgium and Germany.<br />

‣ It manufactures all the communication products and markets than to<br />

connect the industrial devices their networks.<br />

‣ Ericsson is also working as a service provider in the field <strong>of</strong> s<strong>of</strong>tware and<br />

communications in mobility. That enables the infrastructures in industries<br />

and some other sectors for increasing the business efficiency and to gain new<br />

opportunities for future.<br />

Spain<br />

‣ Libelium is Spain designs and produces the hardware technology for the<br />

wireless sensor networks, for the purpose <strong>of</strong> system integrators. <strong>The</strong>y<br />

develop the smart city solutions within the minimum time period.<br />

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‣ UrbIoTica is also the smart city solution provider working in Spain. It provides<br />

the solutions like the Smart Parking, Monitoring the noise and Traffic in the<br />

urban areas <strong>of</strong> worldwide for service mgt.<br />

‣ Telefónica is an <strong>of</strong>fering its services to facilitate the communication among<br />

peoples is a secure art <strong>of</strong> the technology for the better living.<br />

‣ Carrots are an also <strong>of</strong>fering a cloud platform for connecting objects<br />

throughout the Internet by making applications on CarrIoTs.<br />

France<br />

‣ France is central to the digital transformation. HiKoB is one <strong>of</strong> the leading<br />

wireless service providers in France that may create the strategic data on the<br />

physical resources for feeding in the information system.<br />

‣ Schneider Electric is global equipment manufacturer for the electrical<br />

distribution <strong>of</strong> power and control. It helps in the distribution <strong>of</strong> electricity and<br />

designs the automation systems for your automobile and the industries <strong>of</strong><br />

water treatment.<br />

‣ Atos is a service to facilities the management, and consults for e-commerce,<br />

for designing the systems to integration.<br />

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Portugal<br />

‣ Prodsmart is working in Portugal as a real-time tracking system for the<br />

production lines that turn them to a smart digital factory.<br />

‣ Here the Manufacturing Execution System may revolve all the smart phones<br />

devices into a process data form.<br />

‣ By removing the paper and providing the synchronized analytics allow the<br />

waste reduction and cause for the improvements in efficiency.<br />

‣ It also provides quick decisions ability for the independent s<strong>of</strong>tware-<br />

implementation processes.<br />

India<br />

‣ Infosys is working as a global leader in India for consulting, outsourcing,<br />

providing technology, and services for the next-generation services.<br />

‣ Stellapps is <strong>of</strong>fering the top technology solutions that work independently in<br />

India. It may produce the inclusive farm monitoring and optimization<br />

support, to help the cooperatives and farmers for maximizing their pr<strong>of</strong>its.<br />

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‣ Prodapt is the top s<strong>of</strong>tware engineering and service provider in Indian in the<br />

ICT industry. Which is the partner with 500 companies for establishing the<br />

domain for strong leadership.<br />

‣ Altiux is also working in India known for its innovations as an engineering<br />

product designating company. It designs and provides the products and <strong>of</strong>fer<br />

solutions for connecting throughout the world.<br />

<strong>The</strong>re are many benefits for the normal audience through <strong>IOT</strong>. As the technology<br />

is changing form day to day the audiences need to have knowledge on the<br />

emerging technology.<br />

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<strong>The</strong>y can understand how to use the technology and can also estimate the<br />

advantages and disadvantages <strong>of</strong> using the technology. In the coming future<br />

there is no need remember and turn <strong>of</strong>f the oven when the cake is ready.<br />

When you enter a room it not necessary to switch on the lights or use the clothes<br />

dryer when there are lower electricity rates.<br />

Everything will be done by your home automatically due to the smart<br />

technology.<br />

All the products are evolved from the <strong>IOT</strong> and their aim is to make life in an<br />

automatic way by connecting the smart devices to your home appliances.<br />

<strong>The</strong> efficiency can be improved if everything works right but you can<br />

compromise on privacy if it does not work.<br />

<strong>The</strong> behaviour <strong>of</strong> the devices can be monitored with the motion <strong>of</strong> the sensors,<br />

facial recognition technology and the Bluetooth technology.<br />

<strong>The</strong>se IoT gadgets are used to identify our presence in the home and make<br />

corresponding responses to the room temperature. Companies like Samsung,<br />

LG and other start-ups are working to meet the industry standards.<br />

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Benefits:<br />

We will have an idea on the different innovations with the help <strong>of</strong> <strong>IOT</strong>. A<br />

research firm called Next Market Insights will keep a track on the technologies<br />

that are emerging from day to day.<br />

Consumers may get confused with the different products and they don’t know<br />

that which product will work better. <strong>The</strong>y can choose the correct product if they<br />

see the specifications <strong>of</strong> the product. Compatibility is the biggest challenge in<br />

the <strong>IOT</strong> industry.<br />

As there is no protocol or universal coding language all products cannot<br />

communicate with each other. Dominance in the market lays an elbow for the<br />

tech behemoths.<br />

In order to connect the home appliances to the smart phones, Apple has<br />

launched the Home Kit App. Smart <strong>things</strong> which is a maker <strong>of</strong> <strong>things</strong> is acquired<br />

by Samsung.<br />

Smart <strong>things</strong> can be used to control and coordinate the devices which are made<br />

by different firms.<br />

If the products will not work with each other, then the consumer might be<br />

frustrated so the companies are trying to create a new language.<br />

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Even though it is going to take some time it will be a great moment when it is<br />

done. Thread group is aiming to develop a new communication standard so that<br />

all the devices can use.<br />

<strong>The</strong> companies must collaborate in order to get the work connected. <strong>The</strong><br />

potential <strong>of</strong> <strong>IOT</strong> can transform our economy, society and life style. We need to<br />

pull together in order to deliver the promise.<br />

<strong>The</strong> consumer’s money can be saved by reducing the load on the power grid.<br />

With the help <strong>of</strong> the august smart lock we can unlock or lock the door<br />

automatically.<br />

It will put in a home or away mode with the nest thermostat. If you will not be<br />

in home for some hours then thermostat will give an indication.<br />

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That indicates a whirlpool clothes dryer to lower the heat setting, use a shower<br />

when there are low rates in the electricity.<br />

<strong>The</strong>re is a big challenge for our privacy with the <strong>IOT</strong>. Apart from the benefits<br />

<strong>of</strong> <strong>IOT</strong> there may be some privacy concerns.<br />

Most <strong>of</strong> the aspects in the everyday lives will be digitally stored and observed in<br />

the coming future.<br />

A complete picture <strong>of</strong> the individual will be portrayed with all the personal<br />

information. But the smart home makers are telling that privacy will be primary<br />

factor to the customers.<br />

<strong>The</strong>y will protect the information which they collect. Smart devices <strong>of</strong>fer the<br />

convenience but for the privacy a new facial recognition camera is used which<br />

will help you keep track <strong>of</strong> your family members in your home.<br />

It will not store that information online but it will store on the memory card <strong>of</strong><br />

the device. In every year out <strong>of</strong> five homes in US with broadband access will buy<br />

at least one smart home device.<br />

According to a survey most <strong>of</strong> the smart-home device buyers are under the age<br />

<strong>of</strong> 35 years. <strong>The</strong> supply chain will have a great opportunity to play a critical<br />

leadership role which defines the overall business strategy.<br />

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<strong>The</strong> supply chain organizations must be able to cope up with growing supply,<br />

demand and disruption in the product. Skill set and leadership qualities should<br />

be acquired by the organization <strong>of</strong> the supply chain to define the direction in the<br />

strategic technology.<br />

You need to focus traditionally in order to support functions in the supply chain.<br />

<strong>The</strong>re may be some uncertainty in the state <strong>of</strong> art technology. <strong>The</strong> <strong>IOT</strong> will create<br />

new challenges for the enterp<strong>rise</strong>s and also new opportunities.<br />

Big organizations were known for the rooting <strong>of</strong> Internet <strong>of</strong> Things, but recently<br />

many businesses are also trying IoT. Some businesses in the market with smaller<br />

brand names are even trying out their luck.<br />

Check out the following top companies working on IoT; what they are known for<br />

in technology innovation and how they contribute to making life more<br />

comfortable.<br />

1. Micros<strong>of</strong>t<br />

It is famous for producing the best operating system used across in a personal<br />

computer, smartphone (windows smartphone) and tablet. In 2017 Micros<strong>of</strong>t is<br />

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ated among the top ten as a company working on the <strong>internet</strong> <strong>of</strong> <strong>things</strong>. Its<br />

prime focus is on the progress <strong>of</strong> azure <strong>of</strong>fering their computing services in<br />

creating, analyzing, organizing, and running applications through a global<br />

network <strong>of</strong> their data server centers. Many companies use azure IoT because <strong>of</strong><br />

their best services.<br />

Also, voice-controlled virtual assistant known as Cortana (ranked second best<br />

after Siri) is also their <strong>internet</strong> <strong>of</strong> <strong>things</strong>. It helps in virtual evaluation <strong>of</strong><br />

technologies through reporting ordinary programmes.<br />

2. Intel<br />

<strong>The</strong> company is famous due being the second largest producer <strong>of</strong> semiconductor<br />

chips and microchips after Samsung company. It has ventured in working <strong>of</strong> the<br />

<strong>internet</strong> <strong>of</strong> <strong>things</strong>. Since it declared to venture in IoT, it will now compete with<br />

Micros<strong>of</strong>t Company despite being its leading producer <strong>of</strong> their computers. Intel<br />

Company has started producing IoT hardware and unique s<strong>of</strong>tware with an aim<br />

to overtake the giant Micros<strong>of</strong>t Company in IoT.<br />

3. Google<br />

It is famous because <strong>of</strong> the mobile phone operating system Android. Also,<br />

recently has started producing computer operating system similar to that <strong>of</strong><br />

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mobile phones due to the market demand. It has partnered with various<br />

companies even in IoT platform. It has lately invested heavily almost $3.2 B<br />

through smart-home system confidently to serve the needs <strong>of</strong> IoT.<br />

4. Amazon web<br />

Amazon web services launched in 2016 is well known for hosting online business<br />

through its Amazon cloud. It is making its foot forward through the focus on<br />

working on the <strong>internet</strong> <strong>of</strong> <strong>things</strong> in the digital media. Its emphasis on IoT is to<br />

help automaker BMW it tracking <strong>of</strong> drivers and case efficiently. More so, help J.<br />

Deere agriculture machines manufacturer to track seeds fast with less struggle.<br />

5. AT & T<br />

AT & T is the leading company it providing <strong>of</strong> wireless international and regional<br />

calls to the USA. It is making its high progressive steps towards providing<br />

<strong>internet</strong> <strong>of</strong> <strong>things</strong> and create their network security through collaboration with<br />

Cisco. It launched a cloud-based storage named M2X. Right now that already it<br />

has 6 million vehicles connected to its <strong>internet</strong> <strong>of</strong> <strong>things</strong> network.<br />

6. Dell<br />

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It is well established computer hardware manufacturing company. In 2014 it<br />

launched its <strong>internet</strong> <strong>of</strong> <strong>things</strong> laboratories in Silicon Valley. It is now a host <strong>of</strong><br />

components <strong>of</strong> IoT with friendly and relaxed customer access and usability.<br />

If you want best in the <strong>internet</strong> <strong>of</strong> <strong>things</strong>, consider the above performing<br />

companies on your top list for the best services in your business.<br />

As there is a decline in the cost and size <strong>of</strong> the sensors and the communication<br />

technologies the <strong>IOT</strong> will grow with leaps.<br />

<strong>The</strong>re will no bounds for ‘Internet <strong>of</strong> Things’ by 2020. Nearly 30 billion people<br />

will be connected to the <strong>internet</strong> by 2020.<br />

As the technology is also evolving the governments and businesses are also<br />

struggling to integrate the <strong>IOT</strong>. To improve the model <strong>of</strong> delivery in different<br />

fields like health care, security, transportation, defence and the other areas<br />

there is a need to analyze the data.<br />

<strong>The</strong> government is forced to keep pace with the technology that is changing<br />

from day to day. It is a big headache for <strong>IOT</strong> due to the exponential growth.<br />

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IoT in 2020:<br />

To protect the data and make the consumers to have control over their data a<br />

new model called pay for privacy will be emerge.<br />

As privacy will become the centre stage and sources <strong>of</strong> data will have <strong>things</strong> in<br />

multitude. As an advent for advanced analytics and smart sensors the <strong>IOT</strong><br />

applications can be enabled to move beyond instead <strong>of</strong> just monitoring.<br />

<strong>The</strong>y are materialized by the intervention applications. <strong>The</strong> objects, systems,<br />

sensors and the processes will begin as the large players due to the<br />

standardization in <strong>IOT</strong>. <strong>The</strong> industrial market place is converged to evolve the<br />

standards <strong>of</strong> the industry.<br />

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<strong>The</strong> industry experts and the consumers are feeling excited for the next<br />

generation revolution <strong>of</strong> the <strong>IOT</strong>.<br />

This excitement is to see how the interactions will be done with the physical<br />

world by the governments, businesses and the consumers.<br />

For the next couple <strong>of</strong> years the premium research service <strong>of</strong> BI (Business<br />

Insider) has monitored the global trends in the growth <strong>of</strong> the <strong>IOT</strong>.<br />

Already they have analysed how the ecosystem <strong>of</strong> the <strong>IOT</strong> will allow its entities<br />

to control and connect the <strong>IOT</strong> devices which are having 16 environments.<br />

<strong>The</strong>se environments will include the services like agriculture, transportation and<br />

manufacturing.<br />

By sorting the data through the business insider’s intelligence the analysts asked<br />

to create the report in which all the components <strong>of</strong> the <strong>IOT</strong> ecosystem are<br />

discussed and which include its devices, security, networks and analytics.<br />

It will forecast the <strong>IOT</strong> market which is emerging, growth <strong>of</strong> the device and the<br />

amount which is invested. This forecast also includes the megatrends and<br />

potential return on the investment.<br />

In the hospitality industry, to build this platform the <strong>IOT</strong> applications need be<br />

embraced among the businesses.<br />

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It is necessary for the early explorers and innovators <strong>of</strong> the <strong>IOT</strong> devices to adapt<br />

to them. If the data from the early adopters is used then that can help the<br />

hospitality business to create a value.<br />

By giving experiences which are unique with the help <strong>of</strong> <strong>IOT</strong> products and<br />

services. As the first step towards the future <strong>of</strong> <strong>IOT</strong> there is a need to embrace<br />

the Wi-Fi and <strong>internet</strong> as the valuable source <strong>of</strong> the customer data.<br />

<strong>The</strong> data can be used to create the new customer experiences only for the<br />

personal use the customer in a short period <strong>of</strong> time.<br />

<strong>The</strong> smart phones will have the capability to access the super Wi-Fi in the next<br />

couple <strong>of</strong> years.<br />

<strong>The</strong> hospitality businesses should embrace the super Wi-Fi facility as it is<br />

important. <strong>The</strong> super Wi-Fi <strong>of</strong>fers big bandwidth and it is more affordable.<br />

It has a range <strong>of</strong> 1400 feet and four times the distance, the coverage area is<br />

about 16 times as compared to the regular Wi-Fi.<br />

It also <strong>of</strong>fers a range <strong>of</strong> about 5 miles with a high power. It changes its way with<br />

the hotels, restaurants and the theme-parks, tourism destinations. <strong>The</strong>y <strong>of</strong>fer<br />

Wi-Fi to collect the user data and the value added experiences.<br />

Consider for an example that the guests will access the devices that are<br />

connected in a smart home as they may be near to a hotel.<br />

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<strong>The</strong>y also may be nearer to a connected smart car to share the personal<br />

information with the services <strong>of</strong> the guest. <strong>The</strong> guest services will then use this<br />

data and provide the personalized services.<br />

<strong>The</strong> extraordinary benefits <strong>of</strong> <strong>IOT</strong> have always been with us. It is hard to imagine<br />

the world without <strong>IOT</strong>.<br />

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