The Internet of Things is an enormous network of smart devices which together work to collect and analyze data. Between the year 2014 and 2017, the global IoT market was projected to double its size, thereby passing the one trillion U.S. dollars mark by the same. On the same side by the year 2019, the global IoT market will be valued at more than 1.7 trillion U.S. dollars with the number of connected devices to reach 20.35 billion in the same year. Companies in the sector like transportation, Oil & Gas, and travel invest 0.6% of their revenue on IoT, which makes up to 128.87 million U.S. dollars.
iot
6 Ways to Make Your Smart Home Smarter
One of the best ways to improve the value of a home is to invest money in new technology. There are numerous people who are starting to spend money upgrading their home. With the housing market appreciating across the country, the vast majority of homeowners have equity in their homes. This allows people to borrow money in order to improve the value of their home.
Investing in the technology of the home has several benefits. Not only will it improve the overall value of the home, but it will also improve the experience while living in it. Over time, investing in new technology should also lower the cost of living there. With the new technology options today, the total electrical usage of the home can easily be decreased.
5 Business Intelligence Technologies to Watch
The business world doesn’t run the way it has in the past. It used to take an incredible effort for companies to collect and use data in any kind of meaningful way. And even if an enterprise was able to use data, there was no guarantee on its accuracy. Today, data is everywhere. This is especially true in the corporate world. While in the past, Business intelligence was limited to large organizations, small companies are now adopting BI at a faster rate. This is a major sign that the tides of the BI world are shifting. Here are five business intelligence technologies to watch right now.
How IoT is Changing the Mobile Apps Industry
IoT is getting involved in our lives very rapidly. Technology is evolving with massive data available on the internet and inexpensive devices around us. IoT is all about the devices interconnected over the internet for operational compatibility.
With the emergence of IoT, the inheritance of technology has eased our lives on a daily basis. Thus, we can say in the simplest terms, it is the concept of connecting various things or smart devices to the internet.
IoT, the revolutionary technology is making daily life convenient where Smart homes are a classic example of IoT. It developed a possibility where a single device can control multiple web-connected devices. With so many solutions for better user experience, IoT is also creating a new path for Mobile App development.
IoT is the major aspects of technology that are changing the mobile apps that are developed today. The platform of IoT provides the common language of devices and apps to communicate with each other.
How IoT Is Helping Businesses Across Industries
With the new age of technology, IoT has opened a door for the tech world. This technology created more ways than ever for the market of every size of firms. This era is full of interesting innovation which is helping the er in becoming a part of technology. To become a part of IoT developers are exploring amazing mobile app solutions.
Internet of Things(IoT) helps in connecting devices implanted in various systems to the internet. The basic idea revolves around the solution, where devices/objects can represent themselves digitally and they can be controlled from anywhere/anytime.
The device connectivity then helps us to capture more data from more places. In this way, it can increase efficiency with improved safety and IoT security. Ensuring more ways IoT is a transformational force that can help companies improve performance with time. Many firms have IoT analytics and IoT Security to deliver better outputs.