These days, it's hard to escape the Internet. It seems like everything from ones coffee
machine to your eyeglases are connected to the Web. While there's been a lot of
discussion about whether the Internet makes us dumb, we will explore how companies
and municipalities deploying so-called smart technologies can improve our lives rather
than turn us into bleary-eyed dummies. The use of machine-to-machine (M2M)
technology is bringing "The Internet of Things" alive. But while M2M may only conjure
up thoughts of buzzing servers in a cavernous room, it has many real-world
applications that affect your everyday life, from the connected home to the connected
city. "The Internet of Things" includes everything from smartphone apps that control
your home's lights and temperature from afar to real-time analytics that help ease
traffic congestion and city parking woes, etc.
In one of the surveys conducted, 85 percent of IT decision makers (ITDMs) think that
M2M is a natural technological evolution and will advance the "consumerization of IT"
trend. Eighty-two percent think that M2M interaction enables businesses to respond to
real-world events and 89 percent think the availability of LTE (Long term evolution) and
4G will be crucial to M2M growth. Sixty-five percent of ITDMs think increased
workforce mobility is the biggest opportunity for M2M, while another 65 percent think
the major challenge in M2M is managing and analyzing the real-time data. Soon,
people will interact with devices that in turn interact with data to deliver personalized
products and services directly to the customer in real time. By year's end, it is
estimated that, mobile devices will outnumber the human population, data volume will
reach 4 billion terabytes, and 90 percent of consumer-connected devices will have
access to some personal cloud. It is also estimated by the Gartner's report, that by the
end of 2020, there will be 24 billion connected devices and by 2015, 35 percent of mid-
to-large organizations will adopt in-memory computing.
All India Seminar on Internet of Things is one of the most comprehensive IoT event -
with over 350 attendees and many exhibitors. With a focus on monetizing the IoT
revolution through bringing together ecosystem wide attendees, stakeholders and
investors. 2014 was an important year for IoT with huge opportunities of this
technology firmly being realized. Large Global giants in their report predicts that 69%
of consumers plan to buy an in-home device by 2019, reaffirming that consumer
adoption of connected technology is on the rise. In 2015, the tremendous excitement
around IoT is now bearing fruit in terms of concrete products and services. Now is the
time to bring together the entire ecosystem in order to assess the commercial
opportunities, to highlight the key challenges hindering IoT and to assess the range of
solutions available to create a sustainable future for IoT.
Pervasive connectivity, smart devices and demand for data testify to an Internet of
Things that will continue to grow by leaps and bounds. Computing power is dropping in
price while new sensors are being developed and incorporated into everyday objects,
and as people buy into Internet of Things technology, economies of scale lend
themselves to the creation of ever more data-centric businesses. Instrumenting and
connecting devices has massive potential to deliver value, but there is need for a
coordinated effort when rolling out the next generation of self-reporting paradigms.
The All India Seminar on the Internet of Things - (AIS-IoT 2015), the premier forum for
such efforts, to share, discuss and witness cutting edge research in all areas of
development for the Internet of Things.
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