21 ‘Internet of Things’ Facts You Should Know

In technology, everyone loves milestones!

Innovation in the world in general and more specifically in the world of technology constantly seeks to achieve new heights and surpass previous milestones. The IoT is the smart kid in the class; the most gifted of all technological fields and is intended to encompass everything.

2016 will see an incredible growth of 39% connected to the IoT compared to the 2015 elements. Here are some fun facts about the Internet of things that are probably new to you:

1. When was the term IoT coined?

In 1999, Kevin Ashton prepared a presentation for Procter & Gamble related to the use of RFID for supply chain which he titled The Internet of things. However, Ashton does not give much importance to the father of the term.

2. Is the term IoT very popular?

The IoT is the most unpopular term in the technology sector. Forbes says that it is unknown to most. 87% say they have no idea what it is or what it means. Of course, if you ask people versed in technology, the numbers are likely to be the opposite.

3. What were the first IoT objects to the end user?

Bernard Marr, the author of the above piece of Forbes, also mentions that cashiers (according to Intel) are regarded as the first online elements connected to end users. In 1969, they debuted as isolated devices to extort money and 10 years later, the first connection system for sharing information between banks was put into production.

MUST READ: 7 Smart Home Ideas Enabled by the Internet of Things

4. When will we run out of IPs?

The IPv6 protocol was expected to run out of IP addresses in less than 15 years. Only the US has agreed to call club 1,000,000,000 (number of IP addresses used). There are currently 5 IPs assigned on an average per capita in the US.

5. When do IoT devices outnumber the people?

This has already happened in fact, and a few years ago. The term IoT is not common at all. In 2008, there were more devices than people, according to an influential report that Cisco made.

6. How many people leave wearables after 6 months of use?

Bernard Marr argues in Forbes that up to a third of the people who start using wearable ditches it after a few months of use.

7. How many key features does an IoT device have?

The committee Global Standards for the Internet of Things (IoT-GSI) believes that if a device is referred to as “IoT”, it must have seven characteristics:

  1. Sensors
  2. Internet connectivity
  3. Processors
  4. Energy efficiency
  5. Cost provided
  6. Reliability
  7. Security

8. What percentage of connected things is there online and are they part of the IoT?

Cisco highlighted in several reports that the full potential of the Internet of Things is still unused. The technology firm believes that 99.94% of potential plug-ins is currently offline.

9. What will be the market value of the Internet of Things in 2020?

Cisco set the value at the beginning of 2014. The Internet of things is destined to become a business opportunity worth nineteen billion dollars.

10. Who sends more data from a busy street anywhere in the world?

The answer seems clear. IBM, among many others, confirms that the Smart Cities and vehicles produce volumes of data that leave a tiny amount of data produced by pedestrians and personal devices. However, a major challenge for Smart Cities is how to manage and analyze large amounts of information and develop ideas to take effective policies out or operational improvements that require skills that are especially in short supply in the public sector.

11. How much will the Internet of things grow in the years 2016–2020?

Estimates vary according to different forecasts. For example, Cisco, in the same report explained that the sum of connected devices had exceeded the number of people in 2008, estimated to be 50 billion connected devices by 2020.

12. How many devices will be connected per person in 2020?

IoT Analytics published a compilation of different estimates on the future of the IoT. In general, there is a common view among analysts. For every person living on earth, there will be at least 2 devices that can come even to 6 devices in 2020.

13. How many ‘things’ new IoT will be added to in 2016?

Gartner expects growth of 39% over 2015, from eleven hundred million in 1600 million objects.

14. Where is the IoT most there currently?

In the same report, Gartner estimates that the IoT elements of the Smart Business Buildings are currently in the first position of this classification. It will continue to lead this category until 2018 when the installed base of smart devices in Smart Homes exceeds the amount to the introduction of IoT in smart business buildings.

15. How much did the wearables market in 2015?

The findings of IDC Market wearables are the less paradoxical. As mentioned before, there is a great degree of loyalty among users of wearables. The rate of wearables abandoned after a few months of use varies from a third to half of those who acquire users, depending on whom you ask.

16. How much information is expected to generate driverless cars?

The first estimates are done by analyzing the first driverless vehicles and measure the volumes of data generated. It roughly translates to 2,160,000 seconds (or about 2Pb of data per car no longer).

MUST READ: 5 IoT Trends To Watch In 2016 That Are Shaking Up The IT Industry

17. How accessible are the IoT devices?

IoT devices are already common, cheap and easy to replace in developing markets. The basic infrastructure to support the IoT (Wi-Fi, Internet cafes, etc.) already exists in many communities developing an almost ubiquitous basic mobile connectivity (95 percent 2G coverage worldwide, according to statistics more recent ITU) and increasing levels of 3G coverage (89 percent of the inhabitants of urban areas in the world — but only 29 percent of people in rural areas).

18. What is the reachability of IoT?

The costs of R & D IoT remain absorbed by strong demand in the markets of the developed world, and the costs associated with the adaptation of IoT devices for the developing world are reduced.

19. How adaptable are IoT?

IoT devices are designed to be adaptable. Many devices offer a very simple function of plug-and-play (connect and start) and not the intervention of specialized technicians for installation and maintenance is required.

20. What if a country suffers from an irregular power grid?

The reduced and alternative (such as solar) power supply is able to keep sensors and networks where there is no regular supply of electricity, which makes them ideal for countries that have to face an irregular or unavailable power grid.

21. Are IoT flexible?

Yes. IoT devices also tend to be very flexible and offer solutions to short and long term expansion at a good pace.

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