IoT — the Internet of Things, as it is being defined at this moment is no match to the internet as it was first imagined in the 70s or 80s. We are talking about the Internet of Things that is being developed today. From washing machines to door locks, IoT has permeated every facet of modern life. But it is most often talked about in the context of connected devices and how IoT services providers are building applications to make our lives easier.

But What Is IoT?

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The Internet of Things, or IoT for short, is a collection of devices, IoT mobile apps and services that connect everything from industrial machines to tiny cars to make them smarter, to household appliances to make them more productive. Each is using the internet to communicate with other devices and the service providers they rely on. Also, an increasing number of devices are connecting to the internet to perform tasks automatically and without human intervention, including home appliances and lighting systems.

Future Algos, leading IoT Services Provider has rightly identified that the potential for IoT in the current world is vast and will continue to grow. Very soon, IoT will be a subset of the Internet and will include devices and services that connect everything in the world. It will be a very different world where devices are connected to our lives in a way unfathomable to anyone who has not lived in the world we are soon to inhabit. Here is how we predict IoT will change the future –

1. Within a decade, the number of IoT devices will increase by billions

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It is predicted that by 2025, the number of IoT devices around the world would touch 25 billion. To know that in 2016 this number was somewhere around 4 billion is mind blowing. IoT services providers, like Future Algos, are continuously building applications and devices that leverage the IoT infrastructure. The advent of the IoT has been a very significant change to the way many people interact with the world around us. IoT hardware and software is now considered a product.

2. Cybercriminals will have a field day with IoT devices to deploy DDoS attacks

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Distributed Denial of Service (DDoS) attack, aims to overwhelm websites with internet traffic. With most devices linked through IoT mobile apps, hackers and cyber crooks will have an easy way to launch DDoS attacks on websites, stealing account and password details and spamming the website with traffic dumps, requests for money, and other attacks. Such attacks in the past have caused considerable damage to IoT companies resulting in losses running into millions.

3. The number of 'Smart Cities' will grow

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More government administrations and corporates will leverage the services of prominent IoT Services Providers to build technology to improve their public services, including prisons, hospitals, schools, and public transportation. They can manage and monitor public activities and prevent crimes.
IoT mobile apps can be key in predicting and responding to disasters in a timely manner. Our governments will be able to more quickly and effectively mobilize resources during emergencies.

4. AI will permeate every aspect of our lives

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Our lives will be a lot easier with wearables, sensors, and IoT mobile app. AI will be a part of our everyday life and we will use IoT devices to analyse our actions, predict our needs, and offer a better, more intelligent response. Smart homes, smart cars, smart kitchens, and ‘smart’ everything will become the norm. There will be increased demand for quality IoT company to design and create applications to integrate AI with IoT devices to make our lives easier.

5. Manufacturers have to continuously innovate to make 'safer' devices

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With IoT implementation, the security of devices is of utmost importance. If the majority of the devices are hacked, the IoT as a whole will be compromised. IoT devices and IoT mobile apps have to be hacker-proof and begin to bridge the gap between human and machine.

At the same time, it is imperative for devices to be functional and adaptable. This gives manufacturers the flexibility to focus on creating devices that are secure in themselves, and to make them flexible and expandable to other types of devices. And this is where the services of reputed IoT Services Provider like Future Algos comes into play.

6. 5G networks will be key in fuelling IoT growth

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With the foray of 5G network, IoT will see massive growth and advancements. 5G will enable all its users to directly connect with the internet, and together they will create a system that can be used by every citizen.
5G, with its high-speed connections, will allow IoT mobile apps to connect to any device around the world. This will allow the devices to perform tasks autonomously, without human intervention.

7. Expect much 'smarter' cars

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The automobile industry can expect major overhaul with 5g and IoT. Automobiles are going to be significantly smarter than before with the aid of 5G technology and IoT services provider. It’s going to give cars the capability to communicate with each other, and to send data to the cloud. IoT devices will allow us to operate the cars without the help of a human.
Users are going to experience a ‘smart’ world where the car is their true assistant. Everyone is expecting the 5G network to give the car the ability to translate all the information it needs from the internet for it to operate. We are going to expect the car to be able to detect our needs, and translate them to the appropriate response.

8. There would be increased concern over privacy and security

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With everything out there on the internet, IoT will cause users to worry about privacy and data security. It is likely that IoT mobile apps & devices will have their own personal privacy policies. This will create a situation where IoT devices will be able to gather personal information about users, which will be stored on the device. It will be a constant challenge to ensure that the information that is being transmitted is not being accessed by hackers, and then being used to harm users’ privacy and security.

9. Public facilities can reach every corner of a country

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IoT enables digital transformation in every government sector; health care, education, transportation, sanitation, and other public utilities can reach every corner of the country. IoT services providers will also enable businesses to take their services to the masses through digital information that will be used in a very smart way. IoT will change the face of public facilities, and enable them to process data to be able to improve the services they provide.

10. Governments will frame new and better legislations and regulations

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With rising privacy and security concerns, there will be need for the government to write new legislation and regulations that will better protect the rights and privacy of its citizens. IoT will allow governments to better legislate by providing a system that will allow them to better enforce privacy and security regulations. This in turn will give better control to the users over their privacy and data.

Endnote:

IoT is a disruptive technology which will change the way we live. IoT service providers play a key role in this whole arena by designing and building modern IoT mobile apps and devices that will enable people to better manage their lives, and enable them to better interact with their environment. IoT will allow people to interact with the internet in an intelligent way.
Future Algos is an IoT Service Provider dedicated to assisting you in your digital transformation to Industry 4.0/Industry 5.0 through the use of cutting-edge technology, tools, and creativity in industrial software development.
Call us at +91 88266 55165 or drop an email at info@futurealgos.com. Let us guide you to solving your business challenges and help you bring your ideas to life.