We’re all very interested to know what the future holds for us, unfortunately, in life we seldom get that luxury. But, Garnter with it’s recent analysis has taken upon itself to provide all the IoT enthusiasts a sneak-peak into what the years 2017 and 2018 holds for the Internet of Things.
IoT has been lauded by various industry experts over the years for pushing beyond the ages-old business models and paving the way for new and improved business model going beyond the basic analytics, intelligence and data boundaries that previously halted their progress.
Here’s what IoT has in store for us in the near future!
- IoT Analytics – In order to extract the full potential of the data captured, and knowledge extracted, IoT analytics would be in the need to completely revamp itself which includes new algorithms, approaches to machine learning, architectures and data structures.
- Low-Power, Short-Range IoT Networks – According to Gartner’s prediction, Low-power, short-range networks will have a substantial effect on wireless IoT connectivity by the year 2025. They will have much more domination than wide-area IoT networks.
- Low-Power, Wide-Area Networks- Gartner reveals that traditional cellular networks are not capable of delivering a proper combination of operational cost and technical features for IoT applications requiring a wide-area coverage coupled with high connection density, relatively low bandwidth, low hardware and operating cost, and a good battery life.
- IoT Standards and Ecosystems – Though they cannot be out and out classified as technologies, most of these do end up as application programming interfaces (APIs). The future will see standards and their associated APIs donning a central role as IoT devices will require to interoperate and communicate, and many IoT business models will depend upon sharing data between multiple organizations and devices.
- IoT Security – According to Gartner, the future will see IoT Security accelerating at an unprecedented rate, all thanks to the the hardware and software advances that will take place. The only thing, that can prove to be a hurdle is the shortage of skills. Hence, in order to tackle this problem, enterprises should begin investing in developing this expertise in-house from today onwards.
- IoT Platforms – Gartner believes that IoT Platforms power pack infrastructure components of an IoT system into one product. IoT Platforms provided services can be broadly classified into three main categories, namely low-level device control and operations such as firmware updates, security, device monitoring and management and communications; IoT application development, including visualization, logic, application programming, analytics and adapters in order to connect to the enterprise systems and lastly, IoT data acquisition, transformation and management.
- IoT Processors – According to Gartner made predictions, low-end 8-bit microcontrollers will have an upper hand in IoT until the year 2019 but shipments of 32-bit microcontrollers will overtake the 8-bit devices domination by the year 2020.
- Event Stream Processing – Some of the IoT applications have been predicted to result in generating excessively high data rates that will be needed to be analyzed in real time. The emergence of distributed stream computing platforms (DSCPs) is the result of the growing need of creating millions of events per second in some of the telecom and telemetry situations.
- IoT Device Management – Gartner believes that the future will see a significant progress being made in the direction of solving the complex challenge of building technologies that are state, location and context-aware while at the very same time in line with data and knowledge taxonomies. IoT Device Management, in all probability, will end up breaking through the tough boundaries of traditional data management and result in creating data structures that will be able to flex and learn to unique inbound data requirements over a period of time.
- IoT Operating Systems – Since the traditional Operating systems are on the complex and resource-intensive side for a majority of IoT applications, Gartner predicts that minimal and small footprint operating systems will climb the success ladder in IoT by the year 2020.