The IoT: Different Services, Technologies, Meanings for Everyone
What the Internet of Things (IoT) Needs to Become a Reality
by freescale and ARM (White Paper)
Depending on who you talk to, the Internet of Things (IoT) is defined in different ways, and it encompasses many aspects of life—from connected homes and cities to connected cars and roads (yes, roads) to devices that track an individual’s behavior and use the data collected for “push” services. Some mention one trillion Internet-connected devices by 2025 and define mobile phones as the “eyes and ears” of the applications connecting all of those connected “things.” Depending on the context, others give examples that are less phone-centric, speak of a class of devices that do not exist today or point to Google’s augmented-reality smart glasses as an indication of things to come.
Everyone, however, thinks of the IoT as billions of connections (a sort of “universal global neural network” in the cloud) that will encompass every aspect of our lives. All of this public discussion suggests the IoT is finally becoming a hot topic within the mainstream media. Many recent articles point to the IoT as the interaction and exchange of data (lots of it) between machines and objects, and now there are product definitions reflecting the same concept. Hence, from a technology perspective, the IoT is being defined as smart machines interacting and communicating with other machines, objects, environments and infrastructures, resulting in volumes of data generated and processing of that data into useful actions that can “command and control” things and make life much easier for human beings.
Estimates of the future market size of the IoT cover a broad range, but most pundits agree it will dwarf any other market. In mature markets today, the ultimate, pervasive consumer device is a mobile phone. Consider your own household, and count the number of mobile phones you currently have. Then count the number of windows, doors, electrical outlets, lights, appliances and heating and AC units you have. You’ll quickly see why the IoT market will surpass the mobile phone market, at least in the western world.
A quick Internet search highlighted the following example use cases/applications under consideration:
• Machine-to-machine communication
• Machine-to-infrastructure communication
• Telehealth: remote or real-time pervasive monitoring of patients, diagnosis and drug delivery
• Continuous monitoring of, and firmware upgrades for, vehicles
• Asset tracking of goods on the move
• Automatic traffic management
• Remote security and control
• Environmental monitoring and control
• Home and industrial building automation
• “Smart” applications, including cities, water, agriculture, buildings, grid, meters, broadband, cars, appliances, tags, animal farming and the environment, to name a few
The Internet of Things—a world in which machines, networked devices and cloud-based applications not only connect but cooperate with each other, where big data analytics enable intelligent decision making. The pace of connectivity growth between humans, the environment and the network infrastructure is accelerating rapidly. From the convenience of intelligent homes, to the emergence of in-home healthcare monitoring, to improved roadway safety and more efficient resource management, the potential for meaningful innovation is tremendous. In the coming years, we will face some of the most complex engineering challenges of our lifetime.
Freescale believes that the IoT’s true potential can best be realized through open collaboration. Because of this, Freescale and our ecosystem partners bring together hardware, software and services, and a proven history of deep application expertise to help unleash this next great wave of innovation.
The Internet of Things Business Index
Quiet revolution gathers pace
Economist Intelligence Unit Report: Business leaders’ insights about the business opportunities unlocked by the Internet of Things.
Five things businesses should know about the Internet of Things
There is more going on than you might think: 75% of companies from across industries are already exploring the IoT
The IoT is not just for manufacturers of “things”: Service providers are already offering new IoT products (e.g. insurance companies pricing premiums based on driver behaviour)
Skills development should not be an afterthought: A lack of IoT-related talent is considered the top obstacle to businesses using the IoT
The IoT will not fl ourish without genuine co-operation: Turning 50bn so-called smart things into a global network requires business to agree standards for interconnectivity and data sharing
Unknowns should not be feared: Few know today what successful business models will look like, but exploration now will pay benefi ts later
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