What is the Internet of Things?
A multi-billion dollar industry, the Internet of Things is one of the most revolutionary technology trends in our current times and is poised to explode. Basically, it is the fusion of the physical world with the real world.
To gain the ability to interact with the external environment and acquire a unique online identity, everyday objects are embedded with technology — like sensors and Wi-Fi. This infinite network of “smart” devices promises a range of benefits for businesses, individuals and society at large, including reduced waste, increased safety, and improved quality of life.
Here’s what it is – the ultimate goal of IoT is to take all things that we use in our daily lives over a network that can be easily accessed across the world over the internet. This implies that every object or gadget we use will identify with this network and information will be accessible via our laptops, smart phones, tablets and smart watches.
The Internet of Things (IoT) is the latest buzz among consumers and businesses. And going by the logic of demand and supply, there is a high demand of people with the right skill set for this market.
Scope of Internet of Things
What IoT does is, it connects devices embedded in various systems to the internet. This connectivity helps the user take more data from more places and ascertains many ways of increasing efficiency and enhancing safety. When our devices can represent themselves digitally, they can be controlled from any part of the world.
Through IoT analytics and IoT security, organisations can improve their performance tenfolds and deliver better results. With refined tracking of devices/objects using sensors and connectivity, businesses in numerous industries can garner the benefits of Internet of Things by making informed decisions, with the support of interactional and transactional data at their fingertips.
Energy & Utilities
Companies in the energy and utility sector are among the early adopters of this technology. Improved customer services, reduced risk and increased operational efficiency are some of the benefits these organisations have gained from IoT.
In the healthcare industry, IoT has enabled doctors to communicate with their patients in more sophisticated ways. For instance, innovations like Patient Monitoring Systems and Pill Cameras have revolutionised the way healthcare is delivered. Additionally, wearable smart devices that track and monitor an individual’s physical activities have been well accepted by the consumer.
Industrial & Manufacturing
Industrial and Manufacturing industries are yet another industries to benefit from Internet of Things. They are able to monitor the functioning of various machinery parts and report any event of break down. With this, they are able to shield their people and assets. In addition to that, IoT also helps in assessing the attributes of the end products ensuring the established quality standards are met.
The owners of companies in the transportation industry are able to monitor and locate their vehicles better. The ability to assign orders automatically saves them time, fuel costs and also enhances the customer experience. In future. cars are likely to become data collection hubs by delivering real-time information about traffic and more.
To address the problems arise in the public sector, there are various applications such as smart traffic systems, energy-efficient streetlights, garbage bins, etc. For example, smart garbage bin will notify when the bin is ready to be emptied, avoiding overflow of trash. More such applications are expected to address many of the constraining problems prevalent in crowded megacities.
Career Opportunities in Internet of Things
There are a whole bunch of new generation jobs for a new generation of technology.
An Internet of Things Solutions Architect is someone that works in the IoT space and controls the general business strategy of a company that works in this area. They coordinate the development and research teams, make high-level project decisions, and champions IoT strategies within the company.
On the engineering level, there is an increased demand for hardware and software engineers, especially in the area of IoT solutions development. Since there is an increase in demand for the right people; depending on the organisation these engineers can also expect a huge bump in their packages for their special skills.
Data scientists and data security professionals are also in huge demand. Data scientists work with huge data. They take this data and analyse it to spot trends or find important insights it might contain. As more devices become connected to the Internet, the ability for security applications to adapt and facilitate these connections also increases. This is where data security professionals come into the picture. This implies more opportunities for organisations that emphasise on security, as well as for network security professionals to find rewarding employment.
Skilled professionals with an entrepreneurial spirit can look at starting a new company with the explicit purpose of developing for the IoT. There is a significant change in how the consumer thinks about connect devices with the onset of Internet of Things. This means existing companies are vigorously finding new and enticing ways to incorporate the IoT into their own business models.
The IoT-enabled transformation has grown incredibly in the last couple of years and will continue to do so. In the near future, we were supposed to have a home full of Internet-enabled devices that would cater our every need. The Internet of Things enables innovators to think outside the box and literally reinvent the wheel, as it becomes an integral part of our lives and makes our lives more sophisticated than ever before.