Internet of Things is transforming the world of business tremendously. IoT technology is capable of changing your business in multi-billion dollars enterprise. The internet of things innovation will continue to revolutionize every industry- be it health care, manufacturing, logistics, finance or retail.
Ideally, the inception of the Internet of things idea is traced back to Carnegie Mellon University. The coke vending machine at the university was the first every internet connected appliance. The developer was determined to find out if when the device is connected with a vending coke machine whether the drinks will be cold.
The internet of things popularity grows every day. It is projected that by 2019 the numbers of devices connected with IoT will reach 14.2 billion. Web development agencies like Techtiq solutions are incredibly knowledgeable and committed to offering comprehensive services that will enable businesses to grow exponentially. Here are the main trends of IoT to keep an eye on in 2019.
Security is primarily concern to everybody. Millions of people across the globe have suffered from cybercrimes. In 2018, a ransomware attack was a prime threat to people. Hacker encrypted data and demanded payment. The rate of extortion from hackers was alarming.
Considering the internet of things is not designed with security. Hackers have taken advantage of the situation and targeted millions of IoT devices. Tech experts will be focusing on this concern to ensure the internet users are not vulnerable anymore. These regulations will bring significant effects.
- Edge Computing
Internet of Things brings paramount changes. Could computing is replaced with edge computing- this will bring more comprehensive integration of data; therefore data processing, data analysis, and data interpretation will become easy than majorities of people can anticipate.
With an increase in demand for advanced IoT Technology, tech companies are investing in edge computing to bring exclusive network integration in a more secure form. IoT helps developers to learn more and to perform computing tasks.
- Manufacturing Sector
Smart manufacturing sectors are growing exponentially. The IoT technology brings the revolution; therefore production performance is becoming more effective and efficient. The production cost will reduce, and it is time-saving. Besides, there will be a lot of flexibility during the production
With the connection of IoT to the entire factor, the time to manufacture a product will reduce. Along with that, inventory management will be easy. This will leads to an increase in production and performance.
IoT will play a significant role in cities. The number of accidents in the cities will reduce. Entrepreneurs will swiftly manage to carry their activities promptly. IoT will help to predict the best route to follow to avoid traffic jam. Traveling cost is expected to lower.
- 5G Network Coverage
Internet users are anticipating a new era of 5G network in 2019. 5G will contribute significantly to IoT and will spearhead innovation to higher ground. 5G will bring the business world to a global scale. Also, 5G will thrill the collection and analysis of data.
Industries will benefit significantly from the technology due to the fast exchange of information. Internet of Things reforms will profoundly bring significant effects to development.