Impact of internet of things / The rise of IOT Industry

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How the IoT sector is evolving currently. Top
countries and IoT products. Future Trend of IoT.
Techiexpert.com Srikanth (Author) Evolution of
IoT
Evolution of IoT Current Future IoT Trend
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What is IoT? -------------------------------------
--------------------------------02 The size of
IoT Industry--------------------------------------
----------------- 05 Security Threats for IOT
Developers -----------------------------------
08 In which Sector IOT is Evolving
Rapidly?--------------------------------- 13 Top
10 countries in IOT-------------------------------
------------------------- 28 TOP 10 Countries
their IoT products--------------------------------
---- 30 How is IOT benefiting normal
audiences?--------------------------------
40 Best Companies working on IOT
---------------------------------------------
45 Future of IOT by 2020--------------------------
--------------------------------- 48
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The internet of things, also called the internet
of objects, refers to a wireless network between
objects. By embedding short-range mobile
transceivers into a wide array of additional
gadgets and everyday items to connect and
communicate within social, environment and the
users.
History of IoT The concept of the internet of
things 1st became popular in 1999, through Auto-
ID and MIT. Radio frequency identification was
the pre requisite for the IOT at that
point. Besides using RFID the tagging of things
may be achieved through such technologies as
near field communication, barcode, QR codes,
Bluetooth. From the year 2016 the IoT has a wide
range of covering in multiple technologies such
as wireless sensor networks, control systems,
automation including home and building
automation.
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How IOT works IOT is not the result of a single
novel technology instead several complementary
technical developments provide capabilities Few
such capabilities are addressability,
identification, sensing, localization, embedded
information processing, and user interfaces.
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• Technologies
• Wi-Fi
• Zigbee IEEE
• Sensors and smart phones.
• Internet of things has made the mode of payments
  so easy that there is no direct access to the
  customer at the time of purchase.

• Applications
• Medical and Healthcare systems
• Daily life and transport
• Media

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• Advantages
• Data the more the information, the easier it is
  to make the right decision
• Tracking The computers keep a track both on the
  quality and the viability of the things at home.
• Money The financial aspect is the best
  advantage. The technology could replace humans
  who are in charge of monitoring.
• Disadvantages
• Privacy privacy is a big issue with IOT.
• Safety There is a chance that the software can
  be hacked and your personal information misused.

Internet of things or IOT is now deemed to be the
next big thing of the upcoming years. The idea of
IOT is overwhelming the industry and can be said
as the next industrial revolution.
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What is IOT at its simplest? To explain simply,
Internet of things or IOT is the digital
ecosystem. To make thing more simple IOT is
nothing else but smart devices. It is any device
that has ability to collect or transfer data
without manual help. Smartphone can be taken as
an example of an IOT device. However the IOT is
not limited to just smart phones. From cars to
home appliances like refrigerator and air
conditioners to business devices, use of IOT is
becoming more and more popular
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Origin of IOT Industry Lets take a look at the
history of the IOT industry. The concept is said
to be 35 years old when a coke machine at
Carniegie Meltion University became the first
internet connected appliance. The future model of
the IOT was proposed in 2004. Within the last 2
years, world has seen a boom in the IOT industry.
Current Size of IOT Industry and Future From last
2 year, world have observed a boom in the IOT
industry. Use of IOT is growing in the every
industry around the world. A misconception about
the IOT is that it is mostly used in
technological sector. The facts however tell a
different story. The IOT is now used in different
industrial sector all around the world. From
NPO, NGO to a profit making organization, Use of
IOT is growing all around the world. Two years
ago it was said that by 2020 the size of IOT
industry will exceed to 30.7 Billion IOT devices.
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As of 2016, there are approximately 20.35 Billion
IOT devices. In 2015 the total of market size of
IOT was up to 900 Million which is said to be
increased to 3.7 Billion. More growth in IOT
industry is expected in the future.
There are many threats for the IOT developers and
we can overcome these threats by providing
security to the IOT developers. The data which is
generated by the sensors or by the smart objects
can be collected, analysed and processed to
monitor and control the environment physically
in a pervasive manner.
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Protecting the personal information is the
primary key for the consumers in the private
sector. Several aspects can be covered when we
use IOT in the private sector. In todays world
the IOT plays a vital role towards the digital
global transformation. Security for the IOT
developers The IOT is evolving constantly to
meet the customer needs and also the needs of
every individual. It is really very challenging
to find develop a framework for the security
using the technology. The security can be
developed once we take lessons from the
experiences of the past. It is very hard to
provide the rules for security in a quick manner
as they resemble working to know about a
creature biologically. There are many problems
that are arising from the IOT in the areas of
security. So many giants in tech and some
start-ups are developing solution for those
security problems. There are many vulnerabilities
in the security for IOT devices and some IOT
devices are attacked due to vulnerability. Even
though there are a plenty of opportunities to
offer growth there is no security for the IOT.
During the 90s internet did not deal with
different types of the hardware.
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• By using Exotic material and different production
  techniques the manufacturers
• can reduce the bulk. They also require expensive
  batteries which are bigger and heavier as they
  more power.
• Starting from the individual developers to tech
  giants everyone needs to play a crucial in order
  to make the internet secure.
• The basic points which you need to consider when
  you need to improve the security of IOT are as
  follows
• The security needs to be emphasized from first
  day. Both the private and personal information
  of the customers need to be protected.
• Have a look on the updates which can be used as
  the proofs for the future and also on the life
  cycle.
• Make sure that the device is authenticated
  properly and having control when it is accessed.
• Always have a quick eye to know about your enemy.
• It is also the responsibility of the developers
  to get the security breaches prepared.
• So, if you follow the above instructions for the
  IOT then you can make your IOT secure. The
  performance of your IOT can also improve if it
  has proper security.

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Threats of IOT The IOT has threats but we are
not sure that every threat can be solved with
the help of security. We need to analyse the
threat at first and then try to solve the threat
in a proper procedure. In case if you have a
threat in your IOT then you need to understand
how that threat is affecting your IOT.
If there is a big threat in your IOT then you
need to split that into small parts and solve in
a step by step manner. You can develop different
strategies to solve your threat and implement
the best one as required. Smart devices are
considered to be vulnerable to many individuals.
Connected cars can also be hacked so many people
are worried about problem.
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Many cyber security incidents that took place
recently should be considered as the teaching
lessons for the professionals in security. The
DNC (democratic national committee) hacking has
leaked many emails and also published them
online which can be said a teachable lesson. If
you increase the check on staffers and the
volunteers on their background then the security
can be improved. IOT is not a lost cause together
as whole. As the technology is emerging from day
to day the developers also need to notice the
bugs present in the products and overcome those
bugs by providing security. You need to postpone
your purchases if IOT is not working and security
services are not evolved. There is a chance for
a threat to occur if there are insecure protocols
as the creation of all the devices is not equal.
So you need to disable the insecure protocols in
your IOT. If you never change your password and
keep your IOT device enabled then that can also
be a threat for your IOT. We can ensure that
security will be provided by the developers in
the future.
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The Internet of things is evolving rapidly in
different sectors. Now we are going to discuss
about IOT in different sectors.
1. HealthCare There is a major change in
healthcare sector with the Internet of things.
To maintain the records of the patient
information in earlier days only pen and paper
are used. Now-a-days there are many healthcare
applications which will allow the patients to
schedule their appointments without calling to
the doctors office or waiting near the
reception. The doctors can carry information
with wherever they go through the applications in
their smartphones. The connectivity is increasing
day to day and there is no chance to slow
down. The patients can take an active role for
their own health and well-being through the
portal technology. The portal technology will
allow users to login to the website of the
healthcare provider.
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The website will allow the patients to access
their medical records, download the forms and
prepare for the appointments. The home monitoring
systems will allow the patients and doctors to
keep the track record of health for an
individual.
Using this system you can avoid the costly and
unnecessary trips to sit with the physician when
the doctor is not in the office. For both the
patient and doctor fronts the IOT is starting
slowly to weave into the healthcare. To allow
the patients track their health the ultrasounds,
electrocardiograms, thermometers, glucose
monitors and many more are starting to get
connected.
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These technologies will be required in crucial
situations when the patient has the follow-up
appointments with the doctors. Smart beds have
been implemented in many hospitals where the
presence of the patient can be sensed and adjust
itself automatically. It will adjust to the
exact angle and pressure which provides proper
support to the patient without the help of
nurse. Patient care at home can be transformed
with the help of IOT. Some patients do not take
appropriate doses and proper medication at the
correct time. If you have smart medication
dispensers in your home they will upload the
information automatically to the cloud. When the
patients dont take the medicine the doctors
will get an alert through these smart medical
dispensers. Many reputed companies are leading
the pack about the IOT and the healthcare. A
report has been released by the grand view
research recently on the healthcare sector. It
noticed that the industry is dominated by a
handful of key players.
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Many companies are trying to gain a major part by
developing specific products for the medical
applications and increasing the research
collaboratively.
2. Market Places The Evolution of IOT in market
places plays a key role for the growth of
opportunities. Most of the industries recognize
that the telecommunication providers and
different enterprises of the next decade can
avail opportunities through IOT. Home automation
and control is the first phase related to IOT.
For example by using mobile you can control a
home appliance. A normal device like mobile phone
is required during this phase and there is no
need of special device. Industry automation is
the next phase through which the IOT is expended.
This phase also includes the applications which
can monitor the health and video
surveillance. The machine type of communication
is defined as a phase in which the data is
collected by the sensors. The data is transformed
over the network through the remote server and
then it is processed.
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Internet of everything is the current phase of
IOT where everything is being connected to
everything. Special networks and devices are
required in order to support that
connectivity. The indoor coverage needs to be
strong as many of the devices will be placed in
the indoor. There should be a large capacity in
the network as there may be billions of
devices. There is no requirement of high data for
the internet devices but they need a long
battery life. In the coming future to expect a
trillion dollar market an aggressive growth is
set by the IOT. By the year 2025 the IOT is
estimating to connect nearly 30 billion devices.
The significant part of the IOT communications is
fixed and short range of networks. As a choice
of technology the cellular technology is also
forecasted to grow for applications of IOT. To
cover the market of health, retail,
transportation and other sectors the billion
connected devices are required. There is a rapid
growth in the adoption of IOT for different
industries. Telecom operators will have
significant opportunities in the market. The
connectivity revenue in IOT is expected to
increase from 6 billon US to nearly 50 billion
US during 2011 to 2021.
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A new revenue stream is generated through the
larger enterprises and telecom developers in the
market. For operating the solutions of IOT there
need to be an increase in operational
efficiencies. Tremendous devices with volumes
need to be deployed. The physical and financial
assets need to be utilized for optimizing the
adoption of the IOT through business perspective.
3. Consumer Electronics The consumer electronics
are evolving rapidly with differentiated and
unique products under immense pressure. A
successful product attracts the consumer market
quickly than the copycat product which is
launched by the competitors. If the products are
enhanced and the emerging technologies
are supported by the manufacturers then they can
stay ahead from the competition.
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There are some reasons why the life cycle of
consumer products has a dramatic reduction. It
is because many of the manufacturers are putting
their total eggs in the same basket. They are
trying to produce a complete line of the products
in different categories. Many of the
manufacturers are often very anxious that they
must be the first in the world to make a new
product, technology or service. They should not
expose their hot products in the early stage and
they need to be careful. The makers should be
ready to bring the product quickly to the market
once the product is revealed to the media or
public.
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If the product is not released then other
manufacturers will develop a similar product to
beat you in the market. You need to get your
dealers and salespeople early on board as the
timing is critical. You can launch your new
product successfully if you have proper
marketing material. An advertising agency is
required to promote your product as there is a
high competition in the market. Some staff
members in the electronic industry are well
versed with the emerging trends. The way we live,
work and play is completely changed completely
due to the new technologies. In the human
history many new technologies are emerging. The
IPhone alone has reached 57 million units in the
entire world. When the telecommunications power
is combined with the power of computers it will
be useful to consumers and it is realized by the
CE industry.
4. Smart Homes As a next step towards the
evolution of technology many people are having a
long dream in their heart about the smart
homes. There are some latest developments in the
smart home technology which include cooking
through the voice commands, controlling the light
and
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heat from your home. It will make you interact
with your home and carry the tasks in your
home. When we look in to history of the smart
home technology there is betterment in the
present as compared to the past. Improvements
will be done on the existing services and new
functions and services will be offered. To our
surprise we can predict the accuracy of present
and future with the improvements in
technology. For the next couple of years it is
clear that your old home will do many wonders
which you have never imagined before.
In 1932 a robot named alpha was designed as a
personal assistant. There was an exhibition at
Dome in Brighton. The robot is programmed in
order to answer the voice commands in a sequence.
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It also includes firing a gun. The creator had
apparently thought that there would be no mistake
in teaching a prototype robot how to shoot with
a gun. The live audience are explained about how
to demonstrate this feature. It is still an
under development issue about using the robots as
assistants. A bright mechanical engineer named
Emil Mathias has first created and used a fully
automated functional house. He is a workman who
handed his tools in a great way. To perform
almost every task of the day with a simple push
button, a unique abode was created by
Mathias. Even there are a few impracticalities
the end product was very impressive. The house
is no for sale and also not sponsored by any
company. The IOT is the main force for the
evolution of the smart homes. You cannot imagine
how technology integrates into the common items
and automated with IOT which is a technological
trend. In future the devices will work in harmony
and also communicate with each other.
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Your TV screens and windows can sense movements
done by you in your house and can tune
accordingly. There is a broad range for
independent household applications in IOT for
the current trends. A simple and smooth process
will happen when the smart devices are
integrated in the future. You can have new breath
for your life at home.
5. Smart Cities From the last few decades the
number of people living in cities has increased
substantially. The percentage of people living in
the rural areas will gradually decrease by the
year 2050. As per the projections made by WHO and
the United Nations the urban population will be
nearly 66 percent. The communication networks
will have great demand and there will be intense
population on roads which will create traffic
congestion.
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There will be a considerable strain on limited
resources available due to the high population
density. The local environment is also impacted
due to the population density. The municipal
governance, service providers and then utility
companies need to take serious
challenges. There are 28 smart cities which are
recognized currently around the globe. More than
10 cities are expected to qualify as smart cities
by the year 2030. The IOT becomes inevitable now
due to its applications. The multitude of issues
faced by urban people in the modern society can
be solved with the help of IOT.
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Every metropolitan city will have sensors
connected to the cloud. Different types of data
can be accessed and monitored continuously which
is acquired by the cloud. New services or
functions will be developed and improvements will
be done on the existing services. The cities in
the future will be enabled to cope up people with
a better quality of life as per their
aspirations. It will considerably take some time
for the older cities to exploit with the smart
technology. Consider an example, the wireless
communication can be used to make things easier
than the wire line approach. This can reduce the
expense and the inconvenience of laying cables
which is a considerable factor. To allow the
commuters to find their cars the smart parking
systems are used. Many applications could be
responsible to generate revenue and push the
smart cities to a new agenda.
6. Automobiles The IOT has lead a connectivity
to touch every industry in the world without
leaving any sector.
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There is a substantial impact on every sector of
the IOT and now it started to influence the
automobile sector. It includes how we handle the
automobiles, drive them and purchase them. The
world gets smarter when smart phones are used as
connection between one devices to the other
device. There is an emotional turmoil among the
customers due to the inefficiency of the car
dealers. The customers can save a lot of money if
they go through the news of the online car
deals. No mediator will be required if the buyers
and sellers dont have trust on the dealer. The
customers can save a lot of money which is nearly
about 1000 in a one deal if there is no
mediator. Earlier, people used to research about
the car if they want to but now they can
research and buy from the online services. It is
in fact becoming a popular idea these days.
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In the auto industry service the revolutionary
changes in finance and IOT are making a great
change. With the help of IOT the insurance
companies can monitor the speed, habits, driving
time of the auto drivers. Through IOT we can
expect a plenty of drivers who are cautious
about Driving. Because the drivers know that
their insurance premiums will be lowered so that
they will drive carefully. This can potentially
reduce the threat to the property and people due
to the incentivizing customers. The customers
can be helped to be better on road by predicting
the habits of drivers through IOT
analysis. Driverless cars will be developed and
evolved through IOT. Without the involvement of
driver the car will be connected with the help of
software and it is in process.
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Many companies in the world are trying to create
new products as the technology is emerging in
our day-to-day life. There is a huge competition
among the countries in the world to take the
Interne of things to the next level. Some
countries are specialized in developing specific
products. The IOT has different sectors in which
the products can be developed. These sectors
include healthcare, hospitality, automobiles,
consumer electronics, smart cities and smart
homes. Top Countries As per the Hawaii Global
Connectivity Index, the United States is
considered as the most connected country in the
world. This includes factors like investments in
the networks, storage, computing and e-commerce
with other economic variables.
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Apart from the United States the top 10 connected
nations in order are Sweden, Singapore,
Switzerland, the United Kingdom, Denmark, South
Korea, the Netherlands, Japan and Norway. The US
is dominating with a robust strength in the
supply and demand of the ICT services. The data
centres, cloud services, broadband, big data and
IOT are enabled with the help of digital
transformation. The stakeholders are represented
with a target by the technologies and they
should keep a focus on their investments. To
transform their economies to the digital age
efficiently the investments must be
focused. According to the survey at the Hawaii
the report says the least connected countries
are Kenya, Nigeria, Ghana, Pakistan and
Bangladesh. Digitalization is done in all the
economies but the GCI will provide a guide only
on the countries which are ahead and which are
beyond on the digitalization. In order to
identify the enterprise leaders with the
policymakers this is a platform. A new digital
economy can be created in order to build a better
connected world.
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The research and development facilities can be
improved which provides more opportunities to
the people around the globe.
IOT (Internet of Things) is changing the way of
living. IoT is influencing the industries with
the advancement in new methods and connecting
industries. IOT is now transforming to every
walk of life including your home, office, city or
anywhere. The IoT products offer insights to
product consumption and having great control
over products. It is successful in connecting
people, communities, systems and environments
better and shaping our lives.
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Everyone needs the best products to shape their
lives and IOT has solved this problem by ranking
the top products, from the smart devices to
software, enterprise platforms, and tools for
connecting to different products etc. Let address
the top ten countries and their IoT products or
companies that are working in those countries.
The list of them is given below
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• Korea
• Samsung Electronics in Korea is known as the
  best semiconductor manufacturers which are the
  top rated company in the world for
  communicating many devices.
• MagnaChip is another top-rated semiconductor
  designer company that works for single to high
  volume applications for consumers and build a
  semiconductor platform for the users.
• LG is offering wonderful home appliances to live
  life happier and easier. The innovative products
  of appliances and electronics like LED lighting,
  AC, Fridge, etc., are already working and now LG
  is offering the robust products for consumers.
• Comizoa is the leader famous for as an innovative
  network motion controller working in Korea. It
  can capable for acquisitions the data systems,
  AllNet, Ether Cat and EtherNet IP.
• DUALi Inc. is working as a solution provider for
  the smartcards including, e- Passports, and
  e-Payment, e-ID and NFC advance solutions for
  both software and hardware.

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• Denmark
• Secomea is a company that is owned privately by
  the Danish company. It's the top market leader
  in the network security for offices working in
  Denmark. This company has worked and built the
  line of Firewall and provides the device Mgt
  solution by remotes.
• Seluxit is another international company working
  with its team in Aalborg, in the Denmark. This
  company works with its team of experts to set the
  wireless communication protocols, including the
  rooted hardware and the software development
  that works as a gateway for the user interface
  integration for the users to connect their
  devices as an IoT solution. Which will enable the
  communication through devices over the internet.

• Switzerland
• ABB is also known as a global leader due to
  automation and the power technologies, to
  improve the productivity, quality and provide
  solutions for customer operations in an
  environment.
• Bastila is working is Switzerland that is
  offering the management system for vehicles
  known as ecosystem A complete system for the
  fleet mgt

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• software, or the smartphone applications as a
  solution for the smart, a
• system for travelers for a smart transportation
  to manage many vehicles at the same time.
• Bastila is also working for offering vehicles
  solution to operate them as a fleet for public
  transportation. It offers the software for the
  real-time fleets of vehicles optimization. The
  purpose is to make the supply chain easier
  globally.
• USA
• ThingWorx is the enterprise that is offering the
  standing by technology platform only. That may
  enable the developers to develop for the rapid
  solutions for their smart devices over the
  internet. It provides the fastest technology
  solutions than anyone else that can meet the
  large enterprise's needs.
• Bright Wolf is another trusted technology
  supplier in U.S that is offering its services to
  1000 companies for their product solutions.

• The Intel designs are the manufactures in U.S and
  they sell the integrated
• digital platforms of technology to the worldwide
  which may use various

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• applications for computing. The microprocessor
  system of data can control
• multiple devices in any system.
• Cisco is another well-known manufacturer that
  design and offers their broad lines of many
  products for selling to connect networks
  worldwide.

• Netherlands
• The name Zenodys is very popular in Netherlands
  for setting the complex environments for
  businesses, for connectivity automation. Its IOT
  platform allocates the industry to connect more
  devices without writing the codes by using a
  visual interface.

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• Lumileds is well known as a global leader for
  light, that is delivering the high-
• quality and innovative LEDs for to creating the
  next generation infiltrate products.
• NXP is known as a market leader offering the
  semiconductor that enables the Internet of use
  in Tomorrow. Being a global leader it is
  processing and intellect more solutions, with
  innovative to connect the world for future.
• Gemalto is known as a security provider across
  different segments including machines, mobile,
  security transactions etc. It will offer the more
  suitable digital interactions for secure
  transactions in future.

• Germany
• The sap is the well-known enterprise resource
  planning (ERP), software leading provider that
  may use to incorporate the back-office functions.
  The most valuable products of SAP are the CRM
  software and ERP that is forefront by its
  business suite.
• Siemens is known as the leading engineering
  enterprise in Europe with its electrification
  value chain. Siemens Technology is offering the
  advanced algorithms to businesses with high
  computing power and flood of data to facilitate
  the smart systems.

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• Sweden
• HMS the Industrial Networks is the top supplier
  of communication products that offers
  independently.
• It has three brands including IXXAT, Anybus, and
  eWON that enable the devices of industries to
  connect different networks. Its headquarters is
  in Swede, whereas the development centers are in
  Belgium and Germany.
• It manufactures all the communication products
  and markets than to connect the industrial
  devices their networks.
• Ericsson is also working as a service provider in
  the field of software and communications in
  mobility. That enables the infrastructures in
  industries and some other sectors for increasing
  the business efficiency and to gain new
  opportunities for future.

• Spain
• Libelium is Spain designs and produces the
  hardware technology for the wireless sensor
  networks, for the purpose of system integrators.
  They develop the smart city solutions within the
  minimum time period.

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• UrbIoTica is also the smart city solution
  provider working in Spain. It provides
• the solutions like the Smart Parking, Monitoring
  the noise and Traffic in the urban areas of
  worldwide for service mgt.
• Telefónica is an offering its services to
  facilitate the communication among peoples is a
  secure art of the technology for the better
  living.

• Carrots are an also offering a cloud platform for
  connecting objects
• throughout the Internet by making applications on
  CarrIoTs.

• France
• France is central to the digital transformation.
  HiKoB is one of the leading wireless service
  providers in France that may create the strategic
  data on the physical resources for feeding in
  the information system.
• Schneider Electric is global equipment
  manufacturer for the electrical distribution of
  power and control. It helps in the distribution
  of electricity and designs the automation
  systems for your automobile and the industries of
  water treatment.
• Atos is a service to facilities the management,
  and consults for e-commerce, for designing the
  systems to integration.

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• Portugal
• Prodsmart is working in Portugal as a real-time
  tracking system for the production lines that
  turn them to a smart digital factory.
• Here the Manufacturing Execution System may
  revolve all the smart phones devices into a
  process data form.
• By removing the paper and providing the
  synchronized analytics allow the waste reduction
  and cause for the improvements in efficiency.
• It also provides quick decisions ability for the
  independent software- implementation processes.

• India
• Infosys is working as a global leader in India
  for consulting, outsourcing, providing
  technology, and services for the next-generation
  services.
• Stellapps is offering the top technology
  solutions that work independently in India. It
  may produce the inclusive farm monitoring and
  optimization support, to help the cooperatives
  and farmers for maximizing their profits.

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• Prodapt is the top software engineering and
  service provider in Indian in the
• ICT industry. Which is the partner with 500
  companies for establishing the domain for strong
  leadership.
• Altiux is also working in India known for its
  innovations as an engineering product
  designating company. It designs and provides the
  products and offer solutions for connecting
  throughout the world.

There are many benefits for the normal audience
through IOT. As the technology is changing form
day to day the audiences need to have knowledge
on the emerging technology.
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They can understand how to use the technology and
can also estimate the advantages and
disadvantages of using the technology. In the
coming future there is no need remember and turn
off the oven when the cake is ready. When you
enter a room it not necessary to switch on the
lights or use the clothes dryer when there are
lower electricity rates. Everything will be done
by your home automatically due to the smart
technology. All the products are evolved from the
IOT and their aim is to make life in an
automatic way by connecting the smart devices to
your home appliances. The efficiency can be
improved if everything works right but you can
compromise on privacy if it does not work. The
behaviour of the devices can be monitored with
the motion of the sensors, facial recognition
technology and the Bluetooth technology. These
IoT gadgets are used to identify our presence in
the home and make corresponding responses to the
room temperature. Companies like Samsung, LG and
other start-ups are working to meet the industry
standards.
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Benefits We will have an idea on the different
innovations with the help of IOT. A research
firm called Next Market Insights will keep a
track on the technologies that are emerging from
day to day. Consumers may get confused with the
different products and they dont know that
which product will work better. They can choose
the correct product if they see the
specifications of the product. Compatibility is
the biggest challenge in the IOT industry. As
there is no protocol or universal coding language
all products cannot communicate with each other.
Dominance in the market lays an elbow for the
tech behemoths. In order to connect the home
appliances to the smart phones, Apple has
launched the Home Kit App. Smart things which is
a maker of things is acquired by Samsung. Smart
things can be used to control and coordinate the
devices which are made by different firms. If
the products will not work with each other, then
the consumer might be frustrated so the
companies are trying to create a new language.
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Even though it is going to take some time it will
be a great moment when it is done. Thread group
is aiming to develop a new communication standard
so that all the devices can use. The companies
must collaborate in order to get the work
connected. The potential of IOT can transform
our economy, society and life style. We need to
pull together in order to deliver the
promise. The consumers money can be saved by
reducing the load on the power grid. With the
help of the august smart lock we can unlock or
lock the door automatically.
It will put in a home or away mode with the nest
thermostat. If you will not be in home for some
hours then thermostat will give an indication.
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That indicates a whirlpool clothes dryer to lower
the heat setting, use a shower when there are
low rates in the electricity. There is a big
challenge for our privacy with the IOT. Apart
from the benefits of IOT there may be some
privacy concerns. Most of the aspects in the
everyday lives will be digitally stored and
observed in the coming future. A complete
picture of the individual will be portrayed with
all the personal information. But the smart home
makers are telling that privacy will be primary
factor to the customers. They will protect the
information which they collect. Smart devices
offer the convenience but for the privacy a new
facial recognition camera is used which will
help you keep track of your family members in
your home. It will not store that information
online but it will store on the memory card of
the device. In every year out of five homes in US
with broadband access will buy at least one
smart home device. According to a survey most of
the smart-home device buyers are under the age
of 35 years. The supply chain will have a great
opportunity to play a critical leadership role
which defines the overall business strategy.
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The supply chain organizations must be able to
cope up with growing supply, demand and
disruption in the product. Skill set and
leadership qualities should be acquired by the
organization of the supply chain to define the
direction in the strategic technology. You need
to focus traditionally in order to support
functions in the supply chain. There may be some
uncertainty in the state of art technology. The
IOT will create new challenges for the
enterprises and also new opportunities.
Big organizations were known for the rooting of
Internet of Things, but recently many businesses
are also trying IoT. Some businesses in the
market with smaller brand names are even trying
out their luck. Check out the following top
companies working on IoT what they are known for
in technology innovation and how they contribute
to making life more comfortable. 1. Microsoft It
is famous for producing the best operating
system used across in a personal computer,
smartphone (windows smartphone) and tablet. In
2017 Microsoft is
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rated among the top ten as a company working on
the internet of things. Its prime focus is on the
progress of azure offering their computing
services in creating, analyzing, organizing, and
running applications through a global network
of their data server centers. Many companies use
azure IoT because of their best services. Also,
voice-controlled virtual assistant known as
Cortana (ranked second best after Siri) is also
their internet of things. It helps in virtual
evaluation of technologies through reporting
ordinary programmes. 2. Intel The company is
famous due being the second largest producer of
semiconductor chips and microchips after Samsung
company. It has ventured in working of the
internet of things. Since it declared to venture
in IoT, it will now compete with Microsoft
Company despite being its leading producer of
their computers. Intel Company has started
producing IoT hardware and unique software with
an aim to overtake the giant Microsoft Company
in IoT.
3. Google It is famous because of the mobile
phone operating system Android. Also, recently
has started producing computer operating system
similar to that of
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mobile phones due to the market demand. It has
partnered with various companies even in IoT
platform. It has lately invested heavily almost
3.2 B through smart-home system confidently to
serve the needs of IoT.

• Amazon web
• Amazon web services launched in 2016 is well
  known for hosting online business through its
  Amazon cloud. It is making its foot forward
  through the focus on working on the internet of
  things in the digital media. Its emphasis on IoT
  is to help automaker BMW it tracking of drivers
  and case efficiently. More so, help J. Deere
  agriculture machines manufacturer to track seeds
  fast with less struggle.
• AT T
• AT T is the leading company it providing of
  wireless international and regional calls to the
  USA. It is making its high progressive steps
  towards providing internet of things and create
  their network security through collaboration with
  Cisco. It launched a cloud-based storage named
  M2X. Right now that already it has 6 million
  vehicles connected to its internet of things
  network.
• Dell

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It is well established computer hardware
manufacturing company. In 2014 it launched its
internet of things laboratories in Silicon
Valley. It is now a host of components of IoT
with friendly and relaxed customer access and
usability. If you want best in the internet of
things, consider the above performing companies
on your top list for the best services in your
business.
As there is a decline in the cost and size of the
sensors and the communication technologies the
IOT will grow with leaps. There will no bounds
for Internet of Things by 2020. Nearly 30
billion people will be connected to the internet
by 2020. As the technology is also evolving the
governments and businesses are also struggling
to integrate the IOT. To improve the model of
delivery in different fields like health care,
security, transportation, defence and the other
areas there is a need to analyze the data. The
government is forced to keep pace with the
technology that is changing from day to day. It
is a big headache for IOT due to the exponential
growth.
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IoT in 2020 To protect the data and make the
consumers to have control over their data a new
model called pay for privacy will be emerge. As
privacy will become the centre stage and sources
of data will have things in multitude. As an
advent for advanced analytics and smart sensors
the IOT applications can be enabled to move
beyond instead of just monitoring. They are
materialized by the intervention applications.
The objects, systems, sensors and the processes
will begin as the large players due to the
standardization in IOT. The industrial market
place is converged to evolve the standards of
the industry.
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The industry experts and the consumers are
feeling excited for the next generation
revolution of the IOT. This excitement is to see
how the interactions will be done with the
physical world by the governments, businesses
and the consumers. For the next couple of years
the premium research service of BI (Business
Insider) has monitored the global trends in the
growth of the IOT. Already they have analysed how
the ecosystem of the IOT will allow its entities
to control and connect the IOT devices which are
having 16 environments. These environments will
include the services like agriculture,
transportation and manufacturing. By sorting the
data through the business insiders intelligence
the analysts asked to create the report in which
all the components of the IOT ecosystem are
discussed and which include its devices,
security, networks and analytics. It will
forecast the IOT market which is emerging, growth
of the device and the amount which is invested.
This forecast also includes the megatrends and
potential return on the investment. In the
hospitality industry, to build this platform the
IOT applications need be embraced among the
businesses.
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It is necessary for the early explorers and
innovators of the IOT devices to adapt to them.
If the data from the early adopters is used then
that can help the hospitality business to create
a value. By giving experiences which are unique
with the help of IOT products and services. As
the first step towards the future of IOT there is
a need to embrace the Wi-Fi and internet as the
valuable source of the customer data. The data
can be used to create the new customer
experiences only for the personal use the
customer in a short period of time. The smart
phones will have the capability to access the
super Wi-Fi in the next couple of years. The
hospitality businesses should embrace the super
Wi-Fi facility as it is important. The super
Wi-Fi offers big bandwidth and it is more
affordable. It has a range of 1400 feet and four
times the distance, the coverage area is about
16 times as compared to the regular Wi-Fi. It
also offers a range of about 5 miles with a high
power. It changes its way with the hotels,
restaurants and the theme-parks, tourism
destinations. They offer Wi-Fi to collect the
user data and the value added experiences. Conside
r for an example that the guests will access the
devices that are connected in a smart home as
they may be near to a hotel.
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They also may be nearer to a connected smart car
to share the personal information with the
services of the guest. The guest services will
then use this data and provide the personalized
services. The extraordinary benefits of IOT have
always been with us. It is hard to imagine the
world without IOT.
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