Simply Internet of Things generally refers to
scenarios where network connectivity and computing capability extends to objects, sensors and everyday items not normally considered computers, allowing these devices to generate, exchange and consume data with minimal human intervention.
An IOT system comprises three basic Components.
- The Things -sensors actuators etc
- The Network and protocols
- The Platforms, Apps and services
Industrial IoT is the next level of IoT. It is used for industrial purposes such as manufacturing, supply chain monitor, and management system. IIoT uses more sensitive and precise sensors, including more locations. The technologies on the supply chain side has sophisticated advanced controls and analytics. In broad strokes, IIoT mainly connects multiple devices and machines in such industries as oil, gas power utilities and healthcare.
The Internet of Things Alliance Australia found that there are 127 new IoT devices being connected to the internet every second, with approximately 31 billion device installations in 2020.
Recent advances in IoT enabling technologies such as 5G, edge computing and low powered artificial intelligence have elevated the urgency to embrace IoT platforms for Australia to remain globally competitive.
Current Global Uses
- Smart cities spending is expected to propel growth of Asia-Pacific’s Internet of Things (IoT) market to reach nearly $437bn in revenue by 2026, new analysis finds.
- China leads IoT spending, accounting for over half of the APAC market, followed by Japan and Australia. Government spending on smart cities accounts for almost one-third of the region’s combined spending.
- The funded Internet of Things (IoT) accelerator packs and access to the Scottish Government-backed national IoT network, IoT Scotland, will be offered to councils across the country, allowing them to investigate and evaluate the power of the IoT.
- The city of Saint-Grégoire in north-western France is working with Kerlink to install a customised IoT network and has already achieved a 43 per cent reduction in electricity consumption.
- The Dutch city of Arnhem has opted to develop an intelligent energy management system using IoT technology for its solar and wind energy park at Kleefsewaard.
- The City of Kingston in Canada has launched a ‘Snowplow Tracker’ service as parts of its Smart City pilot programme with Bell. IoT sensors are located on the ploughs to determine speed, idle time, GPS location and whether the plough is currently deployed and clearing the roads.
Data is being collected continuously in mobile internet and sensor-enabled environment. The capture of exponentially increasing volumes of granular data will enable us to analyse patterns, anticipate changes and alter objects and the surrounding environment. itus' platform can collect and distribute data, convert data between protocols, store and analyse data for Smart Cities.