In the Internet of Things era these industries will take off!

Statistics show that the overall market size of China's Internet of Things reached 700 billion yuan in 2015. The industry predicts that the Internet of Things will be the next outlet after the Internet.

What specific opportunities the Internet of Things will bring to various industries, this article may provide you with some reference.

Imagine a sprinkler system that combines weather forecasting, sensors, and pay-per-use mechanisms to optimize the irrigation system on your lawn. Or a trash can in the public space, which can compress the garbage as needed, and at the same time remind the municipal workers to clean up when full.

This is the Internet of Things. In this "web," millions of sensors and devices continue to generate continuous data flow, improving our lives and work in many ways. For example, a car with automatic parking is still a dream now, but a self-driving taxi can send us anywhere in the city. We can also stop the car on the way, let the passengers who are willing to carpool to save money, or can travel all over the country. Trucks that are transported around the country are fast, safe, and can avoid the delays caused by traffic, while optimizing the replacement of vehicle parts. These are not distant dreams. Home security systems already provide remote control of access control and room temperature control, but these systems can do more for you - even if it's based on your preferences, current weather conditions, and your time at home to automatically ventilate. It is not difficult to cool down.

Cisco forecasts that 50 billion devices will be connected to the Internet by 2020; Gartner’s forecast indicates that the economic value added by all industries and industries through the Internet will To reach $ 1.9 billion - a delicious commercial cake is about to come out.

Benefit from the Internet of Things

When you are amazed at the number of objects connected to the Internet and the business opportunities discovered based on the data flow generated by them, consider the following questions: What does it mean if devices and sensors are connected to each other and can communicate with each other? How does the Internet of Things affect your daily life? Some of the effects are obvious: GPS systems, alarm systems, and temperature control systems—all sending and receiving continuous data to monitor and automate mobile and home activities. Some of the effects are less obvious: floors, cups, clothing, and other items in everyday life can also access the Internet to transfer data.

Companies are actively seeking opportunities to develop new markets by sorting out data from them, inspiring positive changes or improving existing services. Let's take a look at some examples of industries that are at the forefront of this transformation:

Intelligent transportation solutions speed up the flow of public transport, reduce fuel consumption, optimize vehicle repair schedules, and reduce traffic accidents, saving people's lives.

Smart grids can connect renewable energy with greater efficiency, increase system reliability, and enable consumers to be charged for smaller amounts of usage.

Telemedicine monitoring provides people with convenience, can easily obtain medical services, improve medical quality, expand coverage, and reduce costs.

Sensors can be installed into homes, airports, and even into shoes and doors. They can be set up to send information if they are not used at regular intervals (or not used at abnormal times), thereby improving safety.

Mechanical monitoring sensors can diagnose (and predict) upcoming maintenance problems, out-of-stock parts in the near future, and even optimize maintenance staff schedules based on repair equipment and area requirements.

The application of networked devices will extend from companies and industries to the mass market. More and more compact networked sensors and actuators will be used in everyday consumer electronics, home appliances and urban infrastructure. Therefore, if your milk is running out, the refrigerator will remind you when you go through the store on your way home, instead of waiting until dinner to use milk.

If you're an old customer buying milk at a store, you don't even have to checkout at the cashier. The sensor can identify what you removed from the shelf. Once you take the product away from the store, the payment will be automatically deducted from your account.

The amount of data collected from these devices and aggregated into our networks and systems will also increase dramatically. At present, billions of information events are generated every second for us to process, analyze, and share devices and people to improve people's lives.

The equipment is ready, the network is up and the flood of data is starting to flow. Are you ready?

If you are in manufacturing or telecommunications, you have already seen the impact of the Internet of Things. The Internet of Things is obviously not only convenient for consumers, it also brings new data sources and business operation models to enterprises and can stimulate new productivity.

As more and more equipment, machinery and industrial assets are connected in the Internet of Things, the ecosystem connected to the company will change the way we operate and make decisions. Companies can mine meaningful information from these massive data streams, thus unlocking great potential.

Do you know that modern oil and gas drilling platforms generate 8TB of data per day? A modern aircraft can generate 40TB of data in an hour. The latest car can produce 1G data in one second. This is just a drop in the ice for the Internet of Things!

You can't store this kind of data in a digital repository and leave it for later analysis. For this kind of data to work, it must be analyzed while the organization receives the data. You can analyze and make informed decisions based on this, integrate with other machine communication data streams, and observe abnormal conditions in the control room to monitor the situation's perception. By analyzing the data flow, you can understand what is going to happen and predict failures or security risks in advance, thus saving a lot of money.

Now you can master everything from usage and behavior to component performance. What is happening, where the demand hasn't been reached, how the service or maintenance can be improved, etc. With real-time data feedback, these can be seen at a glance.

It is important to analyze the data

Receiving and sending various data from electronic and mechanical sensors, radio frequency identification tags, smart meters, scanners, mobile communications, instant social media, and get a lot of information from it. The Internet of Things (IoT) was born when these data sources were all networked and communicated with each other (without intervention).

But if you want to get useful knowledge from the data flow from these sources and get a share of this new economy, you must use analytical methods.

In traditional analytics, data is stored before it is analyzed.

However, when analyzing continuous data streams, the data must be analyzed in real time as it passes through. Only in this way can people identify and view features that people are interested in when the data is generated in real time. The organization can therefore immediately gain insights and take immediate action.

Before the data is stored on the cloud server or any high-performance storage device, the event stream can be automatically processed. Then, you use analytics to interpret the data, while your device continues to send and receive data. This kind of analysis of data flow using analytics as soon as the data leaves the device opens up new areas of knowledge for many industries. Let us now look at some examples.

The Internet of Things in Manufacturing: The automotive industry is stepping up the development of detection systems to determine when to avoid when an impending collision occurs. Based on radar and other types of remote control technology, researchers monitor the conditions while driving to assess (and eventually avoid) collisions. These collision avoidance systems assess the possibility of a collision event. If the driver does not respond, it automatically orders the vehicle to make mechanical adjustments – including deceleration and changing the external headlight signal.

The Internet of Things in Retail: In the retail industry, customers are also the core of the Internet of Things. Some companies are conducting research on this and are trying to collect and process data from thousands of shoppers to and from various stores. This "in-store geography" data provided by sensor readings and video can depict shoppers staying in front of each window and record their final purchase results.

If you want to optimize your store layout, these data points can also be associated with the smart device's Wi-Fi network. In addition to providing in-store promotions to appropriate shoppers, retailers can also ask customers to use IoT data to interact, customize shopping experiences, and increase loyalty.