As a proof of concept, IoT has been pitched in many board meetings of various business operations in the past. But it is only now that we are seeing actual implementation of IoT and its true potential unleashed. From rent-a-bike to home surveillance systems, IoT platform is frequently implemented in a range of different scenarios. However, its use is concentrated in the developed world and premium projects. But in 2020-21, it is all expected to change quite quickly.
The
Reasons for Faster IoT Innovation
The
biggest reason why IoT
platform is expected to rise in 2020-21 is because of cheaper computing
power and IoT sensors, speeding up of IoT
development and lowering cost of IoT data. Along with that, we
will see 5G data that will improve overall network connectivity required for
IoT use cases.
These
factors are going to give a boost to a rise in IoT innovation, which will
gradually expedite development of new IoT trends.
Groundbreaking
IoT Trends of 2020-21
Have
a look at some of the most expected IoT platform related trends in 2020-21:
Move
from cloud computing to fog and mist computing
Right
now, we have cloud-based IoT solutions. But in the future, we will see
increased use of fog and mist computing. The processing power will be kept
closer to the IoT sensors as part of fog and mist-based solutions. Fog
computing will put the processing power at the edge of the network and mist
computing will have the processing power within the sensor and device. These
technologies will make IoT use cases like real-time driving care even better.
The delay time in receiving analytics from the server be reduced considerably.
Over
the air firmware upgrade will become ubiquitous
Over
the air (OTA) firmware upgrade is an essential requirement for sending updates
to IoT sensors on a broad scale. As IoT development comes up with new
definitions for security and improved solutions, they will be delivered via
OTA. This step will lead to better security and improved performance of IoT sensors and
devices.
Specialized
IoT use cases
In
the present, we are talking about IoT sensors and devices in isolation.
But in the future, there will be complete IoT solutions that will dominate the
market. Smart microwaves will be replaced by smart kitchens, smart cameras will
be replaced by complete surveillance systems. IoT will become a force to be reckon
with in various industries especially healthcare and agriculture.
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