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Future of IoT Technology

2022-06-12

Future of IoT Technology: 8 Trends for Businesses to Watch in 2022 In a world dominated by artificial intelligence, data, and ever-advancing connectivity technologies, it's hard to leave the 'Internet of Things' out of a list of innovative and game changing technologies. In fact, IoT may be one of the most important technologies out there right now, as it is responsible for the success of many other technologies, like machine learning.  As the market landscape evolves over the next several years, it's critical for businesses to monitor how things are changing. Some of the most successful businesses are the ones who think creatively about evolving technologies. Coming up with ideas for innovative ways to use and combine these technologies together isn't possible without keeping an eye on these trends. Let's talk about the future of IoT technology and IoT trends that are shaping markets around the world in 2022.  IoT Technology: A More Connected World As machines get smaller, it becomes easier to produce. A shift in tech philosophy has occurred recently: industries have shifted away from a monolithic, single-device model in favor of a more modular, microservices approach. Instead of one device handling every calculation and every measurement, a network of devices can do this instead. Each device may have its own individual utility as well, and it may benefit the entire network. This is the core of IoT technology.  IoT Technology’s Growth According to Mordor Intelligence, the IoT technology market value is expected to rise to $1.39 trillion by 2026. This incredible growth is likely due to a number of factors:  Don’t get too excited just yet – there’s more to the story. Limited Production: The Chip Shortage Due to high demand and low supply of valuable semiconductor chips, IoT solutions have become more expensive to produce. The situation has only...

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Meeting user needs and preferences

2021-07-17

Smartwatches have become an integral part of modern life. As technology continues to advance, these smart devices are being integrated into our daily lives at an alarming rate.

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What is the Differences GPS Watch with Smart watch

2021-06-10

GPS Watch, Smartwatch, or Fitness Tracker: What’s the Differences? What is a GPS watch and what are its features? AGPS watch is a type of watch that uses the Global Positioning System (GPS) to track your location and provide you with information about your surroundings. GPS watches usually have features that allow you to track your fitness activity, such as how far you have run or how many steps you have taken. They may also include features that allow you to track your heart rate and sleep patterns. Popular GPS watch brands such as Garmin and Apple Watch offer a wide variety of features, making them a great choice for those who are looking for a watch that can do it all. The cons of a GPS watch is battery life, as the GPS unit tends to use up a lot of battery power. For example, the Apple watch can only last for one day, which means you need to charge your Apple Watch almost every day. Additionally, GPS watches can be expensive, with some models costing over $500. For example, the price of an Apple Watch with GPS starts at $399. And the price of Garmin starts at $349. So, for business buyers, a GPS watch may be the wrong choice for you. GPS does not have an overall good user experience because of its very limited battery life. And the price is not affordable for consumers. What is a smartwatch and what are its features? A smartwatch is a type of watch that uses Bluetooth technology to connect to your smartphone, and provides you with information from your smartphone, such as text messages, email, and social media notifications. Smartwatches usually have fitness tracking features similar to GPS watches. However, the smartwatch does not have a built-in GPS, so it relies on your...

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Why All Manufacturers Should Survey the Building Products Industry

2021-06-08

Why All Manufacturers Should Survey the Building Products Industry? Similar to their colleagues across the manufacturing spectrum, the building products industry was hit hard by COVID-19. However, the industry was already dealing with many of the same issues before the pandemic. Some leaders saw it as a trigger to face these issues head-on and embrace predictive technologies. We should watch and learn. All manufacturers can learn from this and reap the benefits of keeping a close eye on the building products industry. A Sleeping Giant Is Waking More leaders in the building supplies industry are now ready to leverage the power of innovation. They realize if they don’t act now, they will only lose more opportunities (i.e., revenue). Of course, all manufacturers are facing an array of challenges due to the global pandemic, such as the following: But the building supplies industry was already facing these challenges long before the pandemic. COVID-19 certainly made them worse. However, these pre-existing pain points may be the very reason why some building product manufacturers are ready to switch gears to apply machine health technologies. There are already a dozen major players actively expanding their digitization efforts. Let’s outline some of the ways the building supply leaders are proactively taking charge of their own futures. 8 Ways Manufacturers Are Taking Charge of the Building Products Industry 1. Changing the Status Quo Traditionally, the decision-makers within manufacturing were always fighting fires. Few had time to talk or strategize. But now, they are proving to be a wonderful audience. They are taking the time to figure out what will work best for their particular situation. They want to produce at maximum capacity with the machines they have. They are interested in how to make a new predictive maintenance solution, like machine health, part of their workflow.  2. Doing Research  When...

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Can IoT Help Advance the Micromobility Market

2021-06-03

Can IoT Help Advance the Micromobility Market? IoT is no longer just a buzzword. There are countless solutions built around it. One of the most common solutions is your virtual assistant, “Alexa.” The way that device manages other internet-connected devices in your home is almost priceless. But, this is not all IoT is good for. IoT has been heavily leveraged in industries like manufacturing, logistics, industrial automation, and more. Moreover, IoT is also being used in the micromobility sector. What is Micromobility? The term micromobility refers to lightweight transportation for individuals. It covers various types of transportation options that weigh less than 500kg (1200 lbs). Some examples are bicycles, e-bikes, electric scooters, segways, electric skateboards, and hoverboards. Unlike vehicles that can be used to travel long distances, the micromobility market focuses on short distances, usually less than five miles. There are many benefits to the micromobility market, which is why tech giants are heavily investing in it. In 2020, investment in the micromobility market was $800 million. It soon skyrocketed after the lockdown restrictions were lifted. The micromobility brands attracted close to $2.9 billion in 2021. Benefits of the Micromobility Market Let’s take a look at three specific benefits of the micromobility market that justify these high investments: #1: Convenience One of the best benefits is convenience. Transportation options can help users reach their destination quickly and with ease. #2: No Parking Issues Parking is a huge problem when it comes to personal vehicles. Here, micromobility can be of great use. With micromobility transportation options like segways and hoverboards, you will never again face parking issues. #3: Cost-Effective As the concept of micromobility includes ride-sharing, it will naturally become cost-effective; you can rent, and there is no need for any type of license for e-bikes or hoverboards. Challenges Faced by the Micromobility Sector The...

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What is IP68

2021-05-28

If you are in the market for a new smartwatch, you have likely come across some watches with an IP68 water resistance rating. But what does that mean? And is it important? In this blog post, we will explain IP68 water resistance and why it matters when choosing a smartwatch.

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Data Science for IoT

2021-05-23

Data Science for IoT: How Does It Work? The Internet of Things (IoT) is a groundbreaking technology that changes the face of business and our daily lives. It has turned individuals into smart device-connected consumers and businesses into overlapping enterprises. Smart devices generate tremendous amounts of data wirelessly over the internet without human intervention, which is excellent for organizations eager to provide the best services to their clients. The only problem is that IoT creates too much information for traditional data science. And that’s how we get to data science for IoT. Data Science and How It Applies to IoT The simplest definition of data science is the study of processes that help us derive value from data. In the case of IoT, data refers to information created by sensors, devices, applications, and other smart gadgets. At the same time, value means predicting future trends and outcomes based on that data. For example, let’s say you use a fitness tracker that measures the number of steps you take per day. With this information, data science can tell you: But that’s just a simple example of data science in action. IoT is different because it’s a high-volume data producer. According to the report, the amount of data that IoT devices will generate by 2025 is expected to reach 73.1 zettabytes. The standard data science can’t handle it, so it has to evolve. IoT helps data science go to the next level. Key Differences Between Traditional and Data Science for IoT There are quite a few differences between traditional and IoT-based data science, but we will point out only a few key distinctions. Data Science for IoT Is Dynamic The classical version of data science is static because it’s primarily based on historical information. For instance, a company gathers data from its clients...

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The Benefits of Using MQTT to Warp Speed to Industry 4.0

2021-05-21

The Benefits of Using MQTT to Warp Speed to Industry 4.0 The revolution of the Internet of Things brought changes to many different sectors of the economy, but one, in particular, is facing challenges that it never had seen before: manufacturing. A traditionally conservative industry, with a long life cycle for changes that might jeopardize production lines and be very capital intensive, many manufacturing companies are now being forced to face the massive pressure of the digital transformation imposed by IoT and Industry 4.0 which is why we’re exploring the benefits of using MQTT. There are two vital areas inside organizations that stand to be impacted greatly by the rise of Industry 4.0: Operational technology (OT: systems that operate in environments such as on a factory floor or in an oil/gas pipeline and its supporting systems) and information technology (IT: the systems that organize data and deliver it, such as data management systems and networks). Ironically, these areas have had limited synergy in most instances. However, IT/OT Convergence is changing the landscape. The advancements in IIoT and edge computing are playing a key role in bridging the gap between IT and OT. In this new paradigm, in which everything can be connected, the promise of sensors that collect copious amounts of data opens doors for better efficiency, performance, and ultimately, higher profits in a wide range of industries. Many industrial automation systems are being redesigned to accommodate the new digital transformation paradigms, including the need to consider what Industry 4.0 means for such environments. Automation protocols created many decades ago, like OPC UA/DA, and traditional Historian databases have now to coexist with de-facto standards, like MQTT – a lightweight and ever more prevalent interface that expands the usability of your data way beyond the boundaries of your factory floor, including having the Cloud as...

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The New Smart Home Standard

2021-05-20

What MATTER(s) Now – The New Smart Home Standard What is Matter? Matter, an industry unifying IoT wireless network standard that is yet to be released. It aims to be a dependable, frictionless, and secure communication basis for linked objects. The project was started and announced in 2019. Using a specific collection of IP-based networking technologies, starting with Thread, Wi-Fi, and Ethernet, Matter, a platform built on IP (Internet Protocol), enables communication between smart home devices and ecosystems. Matter is streamlining development for manufacturers and enhancing compatibility and ease of use for consumers. It is built on market-proven technologies donated by businesses throughout the industry and developed in a collaborative and open-source manner with an implementation-first approach. Matter attempts to establish interoperability across smart home devices and Internet of things (IoT) platforms from various suppliers and lessen fragmentation among various vendors. Amazon, Apple, Google, Comcast, and the Zigbee Alliance, now known as the Connectivity Standards Alliance (CSA), created and introduced the project group. Schneider, Huawei, NXP, Silicon Labs, and IKEA are later members. Matter-compatible items and software upgrades for already-available products are anticipated for fall 2022. The Matter standard is licensed by CSA, although the Matter code repository is open source under the Apache license. How Matter Affects the Industry Matter uses Wi-Fi or Thread for radio communication, with Bluetooth® still present for device setup functions. Before Matter, there were Zigbee, Z-Wave, and Lora that work with smart home appliances. However, Matter builds a bridge among all of them. In fact, Ikea recently announced the creation of its own bridge that would link the Matter devices with its current Tradfri line of products. A few of the largest names in the market collaborated to introduce Matter. There are more than 170 firms engaged, with the most well-known names including Apple, Samsung, Amazon, Google, and the Zigbee...

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