The Indusa Blog

IoT is a Hot and Beautiful Mess Until it Becomes the IoE

Posted by Indusa Admin on June 8, 2015 8:24 am

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Smart locks that are programmed to automatically lock and unlock your entry way doors through your mobile app are exciting. Great, throw away the keys! However, imagine if that lock app can go a step further and talk to your home appliances and turn the lights off when your door gets locked. Imagine that your fire alarm knows you are not at home and starts sending alerts to your mobile device instead of an aimless alarm to an empty house.

Right now, many things are connected to the Internet but not all communicate with one another. All these hot gadgets sound quite cool when they operate individually, but are a mess until they understand and speak to each other’s operations.

As Internet of Things (IoT) flourishes into not only consumer items but items in the workplace through enterprise assets, new models are emerging to help companies become operationally and organizationally ready to take advantage of the resulting data. Soon, these connected devices, which focus on management, monetization, operation, and extension will become a central component of business planning and success. Now factor in people, process, data and things, the IoT will eventually be transformed into Internet of Everything (IoE).

IOE

  1. People: In IoT, people will connect to the Internet in innumerable ways. Today, most people connect to the Internet through devices (PCs, tablets, TVs and smartphones). According to Gartner, people themselves will become nodes on the Internet, with both static information and a constantly emitting activity system.

Data: With IoT, devices typically gather data and stream it over the Internet to a central source, for analysis and processing. As the potentialities of things connected to the Internet continue to advance, they will become more intelligent by combining data into more useful information and automation.

Things: The IoT layer includes physical items like sensors, devices and enterprise assets connected to both the Internet and to each other. In IoT, things will sense more data, become context-aware, and provide more experiential information to help people and machines make more relevant and valuable decisions.

Process: Process plays an important role in how the other IoT entities – people, data and things – integrate with each other to deliver value across the traditionally separate and distinct scenarios. With the correct process, connections become relevant and add value because the right information is delivered to the right person at the right time in the appropriate way.

Once you get people, data, things and process synergized, the benefits will create a paradigm shift in the way we operate on a day to day basis.In the chart below, Ericsson identifies benefits for each industry through the impending transformation into IoE.

McKinsey Global Institute’s Disruptive Technologies Report estimates that IoE will become a $6 trillion global industry by 2025 with 50 billion connected devices! Many are predicting 20 or 25 billion connected devices by 2020.

IOT

Internet of Everything is gradually coming. Until it arrives, its use may remain limited to just a hot and beautiful mess of Things!

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Manan
About the Author – Manan Thakkar

Manan Thakkar is a Solution Architect who spearheads&Indusa’s strategic initiatives to maximize customer benefits. His expertise is in enterprise consulting and solution design globally and he plays a key role in institutionalizing mobility to position Indusa’s services in leading enterprises.

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Contributing Writer: Neha Kumar