The forecasts predicted by the Ericsson Mobility report issued in June 2016 clearly states that as many as 16 billion connected devices will be Internet of Things (IoT) technology-enabled by 2021. Globally, most analysts affirm the path of technological advancement is leading towards the path of IoT.
IoT refers to a technology that will make every possible device Internet ready and connectivity which shall enable flow of data creating a network of objects. The advanced Internet use would result in developing device to device relationship, apart from user-device relationship. Ericsson further reports that “IoT is set to overtake mobile phones as the largest category of connected devices by 2018”.
Jacob Morgan, author of The Future of Work explained in his contribution to Forbes magazine that “This (IoT) is the concept of basically connecting any device with an on and off switch to the Internet (and/or to each other). This includes everything from cell phones, coffee makers, washing machines, headphones, lamps, wearable devices and almost anything else you can think of.”
AT&T Inc., Verizon Wireless, Harman Industries, Intel Corp. and many others across the globe are working in enabling IoT use cases successfully. From Youbikes in Taiwan, to everyday use home appliances connected with internet in the US. IoT has reached consumers in many parts of the world. Grocery shopping doesn’t necessarily need a smartphone but a small device in the kitchen could do that for you. Small chips and devices are making everything technology controlled with an aim to make life easier. Detection of waste levels in bins for proper waste management in cities, smart parking and traffic guide, environment and water management using devices—IoT use cases are infinite and multidimensional.
Apart from having its use cases for personal well being and comfort, IoT will be instrumental in the planning of smart cities, and not just for communication networks but also for sanitation, transportation, healthcare, energy use and many more. Companies such as Sterlite Technologies Ltd and Aeris India are working towards building network infrastructure in smart cities to enable IoT technologies with the aim of linking intelligence and information with devices.
Sterlite is currently working in building Internet network capacities and system in two smart cities, Jaipur and Gandhinagar. Its chief technology officer, Badri Gomatam, believes that for a smart city, a network is required that creates applications for e-governance, public safety, traffic and utilities, basically a high level ICT (information and communication technology) architecture. He added, “Creating Smart City Networks requires a balance between traditional ICT, leveraging new technologies to improve efficiency and capacity and create new services of value to the citizenry.”
Aeris Communications India, a US-based company is a MVNO (mobile virtual network operator) specialized in providing connectivity to machines. The company claims that it currently has 7.5 million connected devices on their platform globally. Rishi Bhatnagar, president of Aeris Communications India, says, “The IoT market in India is projected to grow over a CAGR (compound annual growth rate) of 28% through 2020.