The area between the physical world and the digital sphere seems to be diminishing with the disruption of technologies driven by the rapid growth of the Internet Of Things. The Internet of things is becoming a common phrase which can be used to describe everything from smartphones to smart homes. The inter-connectivity between the different smart gadgets in the market and the internet is called the Internet Of Things. Internet of things has begun to change the world around us more and more. Here are some ways things might change in the next few years:
Cloud Hosting
Cloud hosting has been on a run in the last few years but the cloud market is going to explode in the future. With the cloud-based applications being developed each and every day, the market is standing on a fortune. The market includes raw computing and storage, services for running applications, and hosting private clouds. Adding sensors to devices won’t do any good if it’s not connected to a cloud to gather and analyze the data and send it to.
The Internet Ecosystem
The internet will become more of an ecosystem in the coming few years. Most people nowadays have their multiple smart devices connected to the same hub. As more and more devices become smart, people will start connecting them to the central hub of their world hence creating an ecosystem of the internet.
Smart Traffic
Imagine yourself sitting in a car in a Km long traffic jam. What if the cars, the road, and the traffic lights were smart enough to divert the traffic to other routes? Smart highways are already in the making infused with Solar panels and glowing lanes to reduce the need for street lamps.
Renewable Energy
If all the smart devices turn to green sources and stay powered, the renewable energy will tend to grow. Transportation would be affected by this change with the emergence of electric cars. The housing industry has also experienced this change where homes could easily run on solar and wind power.
Smart Appliances
Appliance market is changing at a rapid rate with the emergence of appliances that do all the work for you. Various companies are coming up with smart appliances such as the refrigerator that plays music for you and also keeps a count of groceries inside it and informs you when you need to buy groceries.
Internet of things services and consulting is pushing the growth of the value chain. ITC Infotech’s IOT offering brings about a digital transformation for clients in retail, CPG, Asset management, etc opening a new era of economic growth and competitiveness.
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