THE PROSPECTIVE INTERNET OF THINGS
The Internet of Things is a vision. It is being built today. This is the simple but bold claim of Council, a European think tank established to manage and consult about the Internet of Things (IoT).
Behind this single statement lie years of complex development and a multiplicity of activities, products and business models which currently pull understanding of the IoT in many different directions. Depending on how you choose to chart its history, the IoT is at least 23 years old and arguably started with a webcam pointing at a coffee machine.2 Enabling a series of streaming images from a camera that could be accessed through a web browser was revolutionary in 1991.
At the time, the coffee cam was generally presented in the popular media as a gimmick, and this first step in an IoT was almost dismissed because the majority of commentators could not imagine any wider application or a viable business model for webcams.
Today webcams are commonplace in the home and business environment as well as regularly being used on traditional television news broadcasts. Most users would not even consider their webcam as part of the IoT.
The early 21st century was heralded variously as the Information Age, the Digital Age, the Cybernetic Age, into the Age of Total Communication etc.
Before then organisations carried out their business processes manually, where it could take days to complete a transaction; from making a phone to a company, explaining your needs, they in turn send information out to you in the post, (which could get lost in transit!). Once you receive the documents, you fill them out and post them back. This could take up to four days. The documents are checked, verified and sent to another department to complete that transaction. These processes were time consuming.
Fast forward to the present day.
Businesses are no longer interested in utilising manual processing for most of their transactions. These are largely done electronically, where a customer can view the progress of a process from inception to completion or withdrawals. Transactions are completed within minutes, one can turn on their heater at home from any location, cars are now becoming somewhat driverless, people can now use their phones to make payments, and several things we thought was impossible 20 years ago.
One finds information technology intriguing because it’s forever an expanding realm and constant advancement. This is very important in my opinion, especially as I am motivated by opportunities for change and improvement. Tano-Consultants by default enjoys and rise to challenges that businesses face and strive to explore ways in resolving these problems, which in-turn will enable efficiency, and create competitiveness, however long it takes, as the objective is to radically re-engineer business processes current states
The Internet of Things (IoT) describes the network of physical objects—“things”—that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet.
These devices range from ordinary household objects to sophisticated industrial tools. With more than 12 billion connected IoT devices today.
Society anticipates and expects this number to grow to 27 billion by 2025
Internet of Things is about people, devices, data, security, sensors, and connectivity. Holistically IoT will enhance productivity and increase customer experience. Another benefit of IoT is that its implementation can empower businesses to monitor overall processes, save time and money, integrate and adapt new business models and engage in better decision making process. Most of all, IoT allows us to work smarter, not harder, it also creates the opportunity for increased work/life balance while still maximising revenue.
Today we face a present and future in which our very survival is challenged by too much information from too many sources carried by too many media/ devices, which lead to IoT. One’s desire is to be equipped with that relevant knowledge and experience to allow us to engage and enable society and organisations alike to embrace, adapt and maximise the power behind the amazing concept of IoT.