capitalizing on the internet of things

6
WHITE PAPER Capitalize on the Internet of Things

Upload: leninnair

Post on 20-Sep-2015

8 views

Category:

Documents


0 download

DESCRIPTION

An MSys white paper that describes how you should take advantage of the technology approach, Internet of things

TRANSCRIPT

  • WHITE

    PAPER

    Capitalize on the Internet of Things

  • Internet of things (IoT) is a technical approach that strives to bring together all kinds

    of devices in the world, under a single network that spans the entire globe. The key

    aspects of IoT will make the life easy for most people, by bringing their world at their

    fingertips. Home automation, industrial automation, smart devices, smart

    transportation, public utilities, healthcare, etc., are only some of the industries that

    will enjoy the benefits of IoT.

    Internet of things is generally regarded as an extension of the internet itself, one of

    the most important and widely regarded modern inventions. Internet has essentially

    touched every aspect of our lives, and every aspect of every industry out there. Entire

    companies had to remodel themselves and come up with new strategies to approach

    the internet revolution. The same kind of revolution can be expected when IoT

    becomes more popular in the coming years.

    Some Estimates

    Large players in the technology domain have time and again researched about IoT

    and came up with their estimates. For instance, look at some of the estimates given by

    Cisco recently.

    2003

    World population:

    6.3 Billion

    Connected devices:

    0.5 Billion

    2010

    World population:

    6.8 Billion

    Connected devices:

    12.5 Billion

    2015

    World population:

    7.2 Billion

    Connected devices:

    25 Billion

    2020

    World population:

    7.6 Billion

    Connected devices:

    50 Billion

    0.08 devices per

    person

    6.58 devices per

    person

    1.84 devices per

    person

    3.47 devices per

    person

  • Ciscos estimate may seem a little too ambitious, but its still the reality that IoT is

    probably one of the greatest revolutions seen by mankind, like ever. We can trace the

    root of IoT back to the Massachusetts Institute of Technology (MIT) back in 1999,

    where the RFID (radio frequency identification) technology was researched and

    developed. This graphic from SRI Consulting explains in detail the technology

    roadmap taken by IoT:

    IoT envisages a brighter tomorrow when there will be more connected devices than

    you have today. In essence, the number of dumb devices connected to the internet

    with the help of sensors and high-speed wireless will be much more than the number

    of smart devices in existence, ever.

    Where do we see the manifestation of IoT in real life? An example would be the

    research project by HP known as CeNSE or the Central Nervous System for the Earth,

    a project aimed at placing sensors almost everywhere. HP Labs, HPs innovative

    research wing, has given rise to this idea, which aims to transmit sensor data at

    nearly the speed of light, so that you will be able to know what is happening to the

    planet from anywhere.

  • One of the very first applications that CeNSE will find will be at a Shell oil rig,

    according to a report from the Fortune.

    CeNSE aims to embed trillions of tiny sensors to our environment in order to track

    every heartbeat of our beloved planet.

    IoT: Innovative Connections

    Today, IoT is at its basic form, without many commercial deployments. But in the

    future, IoT will drive growth in a large number of industries. Benefits to many

    industries will be ground-breaking. Commercial and residential applications of IoT

    will be on the rise. Some industries that will get the fruit of this revolution will be

    technology, manufacturing, retail, healthcare, home automation, industrial

    automation, transportation, etc.

    As an example, look at how Tesla Motors operates. It produces completely connected

    electric cars, which come with a full-touch dashboard and over-the-air software

    updates. Every functionality of each Tesla car, such as the Model S, is maintained and

    operated with software. Due to this reason, Tesla avoided a major recall in Jan 2014

    by the National Highway Safety Administration. 29,000 Tesla cars were to be recalled

    at that time, but instead of recalling those cars and having them repaired in repair

    shops, Tesla simply pushed out a software update to those cars. The update was done

    during the time when the cars were turned off, so that it is accomplished smoothly

    without inconveniencing their owners.

    When IoT becomes an industrial reality, such recalls will be a thing of the past.

    The Importance of IoT

    Just as how the web has gone through various stages of development, IoT also has its

    own milestones. Evolution of IoT is termed as one of the greatest evolutions to

    happen to the internet itself. This is the first time ever that such huge number of

    devices are slated to become part of the web.

  • This will lead us also to a data storage revolution that comes in the form of new

    technologies to record, categorize, and analyze the huge level of data created by these

    devices. IoT-generated data can be greater than the entire volume of data in existence

    today.

    Gartners estimate of IoT connected devices by 2020 will exceed 26 billion units,

    amounting to an incremental revenue exceeding 300 billion dollars. This volume

    growth will amount to almost double data growth from 2012 till 2020, reaching

    almost 40 zettabytes of datai.e., 40,000,000,000,000 GB of data. Such huge volume

    growth has to be properly segregated and analyzed, which can be quite a huge task

    for existing storage systems. Also, the data of this range will give massively accurate

    insights for businesses worldwide. This is a major reason why companies should

    capitalize on IoT.

  • About MSys

    MSys is an innovative technology organization with a vision to transform the IT scene. Established in

    Chennai in 2007, MSys expanded to four other major locations in India and one in the United States.

    MSys has gathered best-in-class talent with years of experience in a range of fields.

    In 2014 April, Clogeny, a leading IT company specializing in big data, cloud, and DevOps, came under

    the MSys umbrella, strengthening the technology leadership we already had. Pune-based Clogeny has

    established itself as an innovative tech startup with several prospective clients and partnerships with

    organizations such as Chef, Amazon, and Eucalyptus.

    At MSys, the primary focus is to exceed the customer expectations in every project we undertake,

    thereby making sure that our work is admired. Our focus areas include:

    Storage

    Internet of Things

    Cloud Computing

    DevOps

    Virtualization

    Big Data Services

    Testing & Test Automation