How IoT solutions are taking tech into the future

The number of installed IoT devices is expected to surge to around 30.9 billion units by 2025. According to Matthew Margetts, Director, Smarter Technologies, IoT’s importance as a technology trend this year and into the future is the role it plays in the successes of other technologies.

IoT is the ecosystem of internet-connected smart devices and technologies in our homes, cities, and workplaces that continuously collect data. There are more than 7 billion connected IoT devices currently in operation. By 2030, 75 per cent of all devices are expected to be IoT.

Technology trends powered by IoT

  1. Remote monitoring

IoT-based technologies are being adopted to transform everything from building monitoring and machine performance to building occupancy and machine learning.

  1. Modular smart technologies solutions

The preference for individual devices performing multiple functions has given way to networks of devices. This network of devices creates a modular system of individual utilities and processes.

  1. Data analysis

High-quality data plays a role in designing business strategies and ensuring the integrity of supply chains. Data also can inspire high-level compliance, machine learning, customer service, maintenance schedules, safety, and security. Additionally, it gives invaluable insights for the purposes of gauging return on investment and preventing wastefulness.

  1. Artificial intelligence, machine learning, and visual inspection

The concepts of artificial intelligence, machine learning, visual inspections, and automation are becoming increasingly commonplace. These functions are all best guided by data insights – removing the unpredictability and margin of error from human processes.

  1. Advanced networks

As IoT technologies evolve, so too do the networks around them. Improved speed, security, and reliability of networks and connectivity infrastructure are the precursor to IoT sensors, wearables, smart cities, and homes.

  1. Smart buildings, smart cities

IoT and smart technologies are being used to optimise various functions within the city environment. This is being done as a means of creating a more engaged public and improving everything from public transport systems to responsible and environmentally conscientious resource utilisation.

  1. Digital Twins

Digital twins are virtual replicas of a physical product, process, or system that bridge the physical and digital worlds. Today’s digital twins use sensors to collect real-time data about a physical item, which is used to create a virtual duplicate of the item.

What are the challenges for IoT?

Security - Gartner reports that 20 per cent of organisations have experienced cyber-attacks on IoT devices over the past three years.

Chip shortages - The supply of semiconductor chips for IoT solutions has been put under strain by the high demand in recent times, resulting in a chip shortage. This is expected to limit IoT growth by 10-15 per cent in 2022.

Latency - Traditionally, the optimal effectiveness and speed of data transmission of IoT technologies have hinged on bandwidth capabilities. Network advances will ensure not only that data is transmitted in real-time as required by many applications, but also that this process is done securely.

More News
1 day ago
NHS organisation named best not-for-profit in UK
NHS Business Services Authority has been named the Best Not-for-Profit organisation to work for in the UK at the Best Companies Q1 awards for the second year running.
1 day ago
KI’s 800 Series storage features in new Sunderland City Hall
As part of an ongoing £500m regeneration project for Sunderland City Centre, a new City Hall has been developed and KI’s 800 Series powder-coated steel shelving and storage systems were utilised throughout to create partitions and an array of different work settings.
1 day ago
Why green offices are attracting the best talent
The UK workforce is demanding more sustainability from their workplaces. In today’s highly competitive market, office design expert and managing director of EDB, Paul Eatock, believes managers must sit up and take note of these expectations to make their company more appealing to new, existing, and potential employees.
2 days ago
Online stores must build customer trust to reduce cart abandonment
Cart abandonment last year sat at 80 per cent (in Q2 2022) suggesting there is a large proportion of consumers simply not completing their desired purchase.
2 days ago
Financial services industry set for AI overhaul
AI will be crucial for better understanding user intent, providing tailored content recommendations, and streamlining how firms manage information. This is according to Ville Somppi, Vice President of Industry Solutions at M-Files.
2 days ago
DURABLE becomes certified carbon-neutral company
DURABLE is now certified carbon neutral. To achieve this, the manufacturer of products and solutions for modern workplaces teamed up with ClimatePartner to determine the company’s corporate carbon footprint (CCF).
2 days ago
New bespoke service launched by Bisley
Office furniture designer and manufacturer, Bisley, has launched a new bespoke package to service the evolving needs of workspaces across the world. The company is celebrating the launch with a new contract win at the Googleplex headquarters in California.
2 days ago
1 in 4 Brits find work the best place to speak about mental health
As part of this year’s Time To Talk Day, research conducted by Mind, Co-op, Rethink Mental Illness in England, See Me with SAMH (Scottish Association for Mental Health) in Scotland, Inspire and Change Your Mind in Northern Ireland and Time to Change Wales, which polled over 5,000 people reveals that one in four (27%) full-time employees find work the best space to help them to speak about their mental health, higher than local cafes (21%), the pub (17%), gym (17%) or library (9%).
2 days ago
HSBC Group employee joins Unicon to expand new business unit
Unicon, experts in end-user computing and a hybrid client software provider has announced that Lee Morrisey, from HSBC, will be joining as Technology Partner Manager. In this newly created position, he will be responsible for communications, technical integration, and strategy of the rapidly growing business unit.
2 days ago
Sharp/NEC bring ‘lasting vision’ at ISE 2023
Sharp NEC Display Solutions Europe is presenting a selection of the latest display technologies at ISE 2023 in Barcelona this week.

Login / Sign up