![\"\"](\"https:\/\/hub.pfind.com\/wp-content\/uploads\/2020\/01\/Internet-of_things.jpg\")
<\/figure><\/div>\n\n\n\nHere we will\nfirst look at some figures concerning IoT devices and the industry surrounding\nit. We will then follow it up with understanding the threats that IoT can pose\nto its users, and then finish with some examples of the use of IoT that you\nmight not expect.<\/p>\n\n\n\n
Quick Facts<\/h3>\n\n\n\n
IoT has improved the standard of lives everywhere and has made a lot of lives more streamlined. This helps their users in being quicker about their lives and focus on what\u2019s important. Here we take a cue from IoT devices and bring you some fast facts.<\/p>\n\n\n\n
- There will be nearly 64\nbillion<\/strong> IoT devices in the world by the end of 2025.<\/li>
- Only 1%<\/strong> of all data\ngenerated through IoT is utilized effectively.<\/li>
- The first massively used IoT\ndevice were ATMs<\/strong>, which came online in 1974.<\/li>
- $60 trillion<\/strong> will be invested in the industrial IoT sector by the end of 2030.<\/li>
- The smart wearables market\ngrew to be worth almost $25 billion<\/strong> by the end of 2019.<\/li><\/ol>\n\n\n\n
Adoption of IoT<\/h3>\n\n\n\n
Before starting\nthe article, we will look at how pervasive IoT has become in the various\naspects of life. The introduction of any new technology, especially one as\nubiquitous as IoT is going to shake up any industry, no matter the origin or\nconsumer base that they service. We will comprehensively look at sectors,\npersonal adoption, and the future of IoT in general. <\/p>\n\n\n\n
1. There will\nbe 20.4 billion devices connected to the internet by the end of 2020: <\/strong>Considering how young the IoT market is, it is a monument to its\nsuccess that so many people have adopted IoT into their lives, both private and\ncorporate. In the 10 years that IoT has begun to pick up steam, the number of\ndevices connected to the internet and the cloud has increased a lot. By the end\nof 2020, Gartner estimates that there will be 20.4 billion devices connected to\nthe internet. Keep in mind that these devices don’t include computing devices\nlike smartphones, tablets, and computers of any kind. <\/p>\n\n\n\n
(Source: Gartner)<\/p>\n\n\n\n
2. By the end\nof 2020, 90% of new automobiles will be IoT devices: <\/strong>Automobiles have been increasingly growing smarter in the recent\npast. Automobiles today have a lot of features that rely heavily on being\nconnected to the internet. Some of these features are navigation software like\nGoogle maps, entertainment software like Spotify, and even having the ability\nto have your car ping your phone if you can\u2019t find it in a parking lot. These\nautomobiles can now be classified as IoT devices already. In fact, by the end\nof 2020, nine out of ten automobiles being sold will be IoT devices. However, this can be very\ndangerous, as well. <\/p>\n\n\n\n
(Source: ZDNet)<\/p>\n\n\n\n
3. Every\nsecond, 127 new devices are connected to the IoT: <\/strong>When\nthe internet started becoming widely available for the public, there was just\none way to access it, and that was via computers and a dial-up modem. Then came\nthe advent of mobile phones, which gave the public any easy way to access the\ninternet on the go. This started to change with the rise of IoT. With the IoT\nwatches, wallets, even shows, and flip flops can connect to the internet now.\nThe situation has progressed so much that each and every second, there are 127\nnew devices that are getting connected to the internet. Again, keep in mind\nthat this figure doesn\u2019t consist of smartphones, tablets, or computers of any\nkind. This means that by the time you have finished reading this article,\nnearly 125,000 new devices will have connected to the internet. <\/p>\n\n\n\n
(Source: Politico)<\/p>\n\n\n\n
4. 80% of all\ntelecommunication companies see value beyond just connectivity in IoT: <\/strong>Telecommunication companies are responsible for providing internet\nto consumers, based upon which the entire IoT industry revolves. Keeping aside all debate about\ntelecommunication companies trying to commercialize the internet further,\nmost of them have indicated that they see the IoT industry as more than just a\nplatform that they can facilitate. More than four out of five telecommunication\ncompanies have stated that they would like to become IoT service providers and\ntrying to create IoT devices that will enhance user experiences. However, 70%\nof them stated that they do not have a goal or plan in mind and are instead\nchoosing to approach the IoT industry with a broad mindset, trying to explore\nmultiple avenues. <\/p>\n\n\n\n
(Source: Gigabit)<\/p>\n\n\n\n
5. More than\n70% of the value will be generated through business to business interactions by\nthe end of 2025: <\/strong>As we discussed, businesses spend\na lot more on a lesser number of devices as compared to consumers. These\ncorporate interactions, called business to business interaction, account for a\nlarge amount of the revenue being generated in the IoT industry. Business to\nbusiness IoT devices consist of devices to optimize production and share\ninformation between the various sections of a company. This is also reflected\nin the fact that factories accounted for nearly 23% of all IoT device spending.\nThe least amount of spending in the IoT industry is for the home automation and\nthe office environment markets. This may come as a surprise to people since\nhome automation is the most visible part of the IoT industry.<\/p>\n\n\n\n
(Source: McKinsey) <\/p>\n\n\n\n
6. Around 90%\nof the value in benefits from IoT will be captured by consumers: <\/strong>The IoT industry has a lot of benefits that it can provide to its\nusers. Even when it comes to factory and manufacturing uses, these benefits are\nmainly only felt by either the company\u2019s financial beneficiaries or by the\nconsumers. In fact, the consumers can reap as much as 90% of the benefit from\nthe adoption of IoT in various shapes and forms. Some examples of this are\nfairly easy to see, like when Amazon adopted IoT devices to optimize their\nwarehouses to maintain their one-day delivery guarantee, the consumers can reap\nthe benefit. Another example is when Google uses IoT to track traffic metrics\nand provide live updates to consumers about their commute. A life-saving\nexample pertains to the wearable monitoring systems that hospitals have begun\nto use to aid in monitoring chronically- ill patients. Speaking as a consumer,\nthis fact makes me especially happy!<\/p>\n\n\n\n
(Source: McKinsey) <\/p>\n\n\n\n
7. Four in\nfive industrial manufacturing organizations are using or will use IoT devices: <\/strong>As we have seen, the industrial applications of IoT are very varied\nand expansive. The modern industrial complex has already realized this and has\nstarted to undertake a project to adopt IoT into their manufacturing processes.\nAccording to ZD Net\u2019s market research, nearly 82% of all industries have either\nalready adopted IoT or have started pilot projects to facilitate the\nintegration of IoT within their structures. The major industries that haven\u2019t\nalready adopted or are looking to adopt IoT are the oil and coal industries.\nThey have stated that this is mainly due to the fact that most of these\ncompanies have slowed down expansion in the face of rising costs of extraction\nand the falling relevance of oil and coal in the modern world. <\/p>\n\n\n\n
(Source: ZDNet)<\/p>\n\n\n\n
8. Nearly 90%\nof all senior executives in the technology industry say that IoT is critical to\ntheir growth: <\/strong>In a shocking turn of events, IoT is\na technological innovation that even most senior executives understand the\nimportance of. These executives may not understand the importance of securing\nthese devices, but they can attest to their relevance to their companies.\nAccording to Hewlett \u2013 Packard\u2019s research, nine in ten senior executives from\nthe technological field, they claim that IoT is critical to their growth, and\nstate that their adoption of IoT puts them ahead of their competition. <\/p>\n\n\n\n
(Source: Aruba News)<\/p>\n\n\n\n
9. By 2021,\nnearly 85% of all retailers will be using IoT to customize customer\nexperiences: <\/strong>another sector where the adoption of\nIoT is rapidly rising is the retail industry. Despite the proliferation of\ne-commerce stores in the current day and age, brick and mortar shops still make\na lot of money. Now, with the advent of IoT, these retailers are aiming to\nprovide a more personalized experience to their customers. IoT helps retailers\nin a variety of ways. For example, if a customer is driving past a brick and mortar\nshop, they can send them time-sensitive coupons to incentivize purchases.\nRetailers can also track purchases and the price that customers are willing to\npay for them, so they can adjust their prices accordingly, and even notify the\ncustomers of the drop in prices. <\/p>\n\n\n\n
(Source: SAS)<\/p>\n\n\n\n
10. Manufacturing\nconnections grew more than 204.5% every year since 2013: <\/strong>As we have stated, the manufacturing industry is the largest user of\nIoT devices, are the driving force behind a lot of IoT growth. This makes it no\nsurprise that the market connections between the manufacturing industry and the\nIoT industry grew at the average rate of 204% every year since 2013. This is an\nextremely high level of growth as the smart home devices form connections at an\nincreasing rate of only 82%. This means that IoT is being adopted by industries\nat more than double the rate of home innovation devices!<\/p>\n\n\n\n
(Source: Verizon)<\/p>\n\n\n\n
11. Two \u2013\nthirds of all US cities are adopting smart devices for public management: <\/strong>It is not just the private sector that the IoT benefits it benefits\nthe government as well. As many as two-thirds of all US cities are rapidly\nadopting smart devices for public management. This includes things like smart\nparking meters, to monitor usage, and to prevent people from cheating the\nsystem, also removing the need for meter maids. There are also intelligent\ntraffic lights that can learn the volume of cars on a regular basis and to\nchange the timing of the lights to match the volume of flow. <\/p>\n\n\n\n
(Source: TechRepublic)<\/p>\n\n\n\n
12. The\nnumber of smart clothing (IoT connected) units sold saw 71.6% Compound\nAnnual Growth Rate (CAGR) rise: <\/strong>A surprisingly\nlarge market has emerged for IoT devices, and that is smart clothing. These\nclothing are made for a lot of reasons, from compression shirts to monitor\nbreathing and heart rate, to baby monitors that can be worn by a baby and\nfunctions as a full hospital kit monitoring the baby in real-time. They can\nmeasure anything from heart rate to blood oxygen level to even the sleep and\ndream patterns! There are even t-shirts with a led screen that can display\nwhatever they want. The number of IoT enabled clothing is increasing at a tremendous\nrate, with the growth of the industry seeing a 71.5% CAGR increase, which is\nsmaller than the biggest industry in the market, but still higher than a lot of\nothers. <\/p>\n\n\n\n
(Source: Markets and Markets)<\/p>\n\n\n\n
13. Samsung\nholds the award for the greatest number of patents filed under the category of\nIoT: <\/strong>Samsung, the tech giant, is the company that\nis investing most money into Research and Development (R&D). Samsung has\nnearly 9550 patents for the IoT category. These patents are mostly under\nconnectivity technology like 5G technology and creating a new version of\nBluetooth. In the current IoT world, nearly 75% of them use Samsung parts or\ntechnology in one way, shape, or form. <\/p>\n\n\n\n
(Source: IoT Sense)<\/p>\n\n\n\n
Financial Figures<\/h3>\n\n\n\n
The adoption\nfigures don’t always show the whole picture. To understand the prevalence of\nthe industry, it is imperative that we get an idea of the financial aspect of\nthe IoT industry as well. In this section, we will explore the state and growth\nof the industry as a whole, and also look at some sections of the IoT industry\nin-depth, focusing on the major parts of the industry. Keep in mind that when\nwe talk about internet-enabled devices, we will exclude smartphones and\ncomputers completely. <\/p>\n\n\n\n
14. Globally,\ncompanies will invest nearly $15 trillion by the end of 2025: <\/strong>Investment in the field of IoT has been rising rapidly in the past\nfew years. We have seen IoT penetrate every industry from healthcare to\nautomobiles, to home electronics, and more. This has led to a considerable boom\nin the investment being poured into the field, with some reports suggesting\nthat as much as $9 trillion were invested into IoT in 2018. This figure is\nexpected to rise sharply to reach $15 trillion in investments by the end of 2025.<\/p>\n\n\n\n
(Source: Business Insider)<\/p>\n\n\n\n
15. The\nglobal economic impact of IoT will be $3.9 trillion to $11 trillion by the end\nof 2025: <\/strong>As the investment into IoT grows, as will\nthe impact that IoT has on the global economy. IoT provides a new way to\noptimize every manufacturing and supply chain process, from monitoring\nfactories to creating optimal distribution networks. According to research\nconducted by the McKinsey research and analytics company, it is expected that\nby the end of 2025, IoT will have a substantial economic impact on the global\nstage. The lower estimates put the figure at $3.9 trillion, with some estimated\nputting the impact as high as even $11 trillion, and beyond.<\/p>\n\n\n\n
(Source: McKinsey)<\/p>\n\n\n\n
16. The home\nIoT market is expected to grow to $53.45 billion by the end of 2022: <\/strong>On the consumer side, one of the most popular applications of IoT\nare home smart appliances like smart speakers, lighting, and even intelligent\nmicrowaves. This market, though smaller than its corporate cousin by far, is\nstill estimated to grow at a rapid pace. Zion market research estimates that,\nby the end of 2022, the home IoT market will be worth nearly $53.45 billion,\nwith the most growth being shown in IoT controllers, like the Amazon Echo and\nGoogle Home systems.<\/p>\n\n\n\n
(Source: Zion Market Research)<\/p>\n\n\n\n
17. The\nGlobal IoT Healthcare Market is expected to reach nearly $140 billion by the\nend of 2024: <\/strong>Another massive market for IoT in the\nhealthcare system. There are many applications for IoT when it comes to caring\nfor humans. Some basic examples are wearable bracelets that track the heart rate\nand blood oxygen level for individuals with a heart condition, devices that can\ntrack the blood sugar level and suggest changes for an insulin dosage for\ndiabetic people, and even devices that can inform medical professionals if the\nwearer suffers from a heart attack, or any other situation that prevents the\npatient from calling ambulances themselves. This market is expected to reach\nnearly $140 billion by the end of 2024. <\/p>\n\n\n\n
(Source: Zion Market Research)<\/p>\n\n\n\n
18. Business\nspending on IoT accounts for almost 57.04% of all IoT related spending: <\/strong>The two major sections of IoT customers are the business-related\nmarkets and the consumer markets. These markets are relatively close when it\ncomes to IoT related spending. Even so, the business spending counts for around\n57.04% of the expenditure in the IoT market. This is because, even though\nconsumers buy way more devices, business tend to spend a lot more on IoT based\nsystems that help them optimize their processes. This disparity will only rise\nin the future as consumer IoT devices get cheaper, and more and more businesses\ninvest in IoT.<\/p>\n\n\n\n
(Source: Gartner)<\/p>\n\n\n\n
19. The\nlargest IoT based acquisition was by Softbank, who purchased ARM for $31\nbillion: <\/strong>New and smaller companies often lead the\ncharge when it comes to innovation of new technology. These start-ups can\nbecome giant companies, like with Amazon, or get acquired by a larger company\nto work with their resources. These acquisitions can often be extensive and can\nlead to some companies being bought for vast sums of money. The biggest\nacquisition of an IoT based company was when SoftBank, a Japanese investment\nconglomerate, bought ARM for a reported sum of $31 billion dollars. This was by\nfar the most valuable IoT related purchase. The second largest is $5.6 billion,\nwhich Google invested in purchasing a smaller company.<\/p>\n\n\n\n
(Source: The Verge)<\/p>\n\n\n\n
20. The IoT\nsecurity solutions industry will grow to be worth almost $840 million by the\nend of 2020: <\/strong>With the rise of the IoT industry, it\nis not a surprise that there are a lot of concerns about the security and flaws\nof the system. In the following section, we will take a look at these concerns.\nHowever, lets first take a look at the IoT security industry. It is a smaller\nsubset of general cloud-based\nsecurity, which focuses entirely on making sure that all IoT devices\nprotect the information with which they are trusted. By some estimates, the\nindustry will grow to be worth by the end of 2020.<\/p>\n\n\n\n
(Source: Zion Market Research)<\/p>\n\n\n\n
Challenges Facing IoT <\/h3>\n\n\n\n
The IoT\ntechnology, no matter its potential, does have some drawbacks and challenges to\nits adoption. Both the critics and the supporters of this technology share the\nsame sentiment regarding these challenges and the lack of solutions that the\ncurrent industry provides. These problems need to be addressed before IoT sees\nthe expansion that the industry desires. Let\u2019s take a look into the issues that\nIoT faces and try to see if there are any viable solutions for the same. <\/p>\n\n\n\n
21. Nearly\n40% of the rural areas in developed or developing countries don’t have sufficient\ninternet access: <\/strong>IoT obviously needs the internet\nto function, that\u2019s right in the name. Hence without a stable internet\nconnection to them, 24\/7 IoT devices may not function appropriately. This is\nnot an issue in a highly urban area, where Wi-Fi and data are cheap and easily\navailable, but in rural areas, this is really difficult to get. Hence IoT\ndevices are overwhelmingly adopted in the urban areas. As much as 40% of the\nglobal population lives in a rural setting, where internet access isn\u2019t stable\nenough to host IoT devices. <\/p>\n\n\n\n
(Source: Brookings Institute)<\/p>\n\n\n\n
22. More than\n60% of people who own a router have never updated the firmware on them: <\/strong>Routers are the backbone of a successful IoT network. They provide\nthe platform for all IoT devices to gain access to the cloud, from wherein they\ncan be controlled. That, unfortunately, makes routers the easiest target for\nany hacker. This is exasperated by the fact that most routers run on extremely\noutdated software. More than three out of every five routers don’t ever see a\nsecurity update. This means that some homes and businesses are running on more\nthan 5 years old routers. Now since IoT devices collect an unprecedented amount\nof data about you, a router being hacked can cause a massive loss of\ninformation.<\/p>\n\n\n\n
(Source: Internet of Business)<\/p>\n\n\n\n
23. Almost\n90% of developers working on IoT products believe that these products don’t\nhave enough security features: <\/strong>Each IoT device has\na team of developers who write the code for the device, thereby making them the\npeople who have to secure the device. With the loud public outcry, one would\nhave to assume that the developers are confident about the security of their\ndevice, right? Not true. Nine out of ten developers working for IoT devices say\nthat they don’t believe that these products have enough security features. This\nmeans that, logically, 90% of the devices on the market could be compromised. <\/p>\n\n\n\n
(Source: Innovation Enterprise)<\/p>\n\n\n\n
24. 85% of\ndevelopers state that they feel forced to rush out products without enough time\nto address security concerns: <\/strong>Due to the earlier\nfact, one will wonder, why can\u2019t the developers just write more\/better code for\ntheir products? It turns out, developers agree with you.However, due to\nthe comparatively shorter hardware cycle of a product, developers often cannot\nimplement the feature they otherwise would have. This problem is so prevalent\nthat 90% of the developers developing IoT devices claimed they faced it.\nUnfortunately, due to the rapid evolution of technology and the even faster\nrate of software evolution, these concerns will not be met with any change any\ntime soon. This is scary since:<\/p>\n\n\n\n
(Source: Innovation Enterprise)<\/p>\n\n\n\n
25. Almost\nthree \u2013 quarters of IoT devices on the market currently have one or other major\nsecurity concerns: <\/strong>As we said, as many as 90% of\nthe devices may be compromised on the internet. The truth is only slightly\nbetter. Only 75% of the devices have a major security flaw. These are, of\ncourse, the known flaws, so the number may as well have been 90%. The fact is\nthat these devices will definitely get hacked into. So as of right now, the\ndamage is still mostly benign. However, with automobiles and healthcare being\nthe next industry to see a boom, a security flaw could prove deadly. <\/p>\n\n\n\n
(Source: Entrepreneur India)<\/p>\n\n\n\n
26. Only one\nin four organizations have the data scientists required to reap the full\nbenefits from IoT devices: <\/strong>IoT is just a web of\ndevices that record data about you then sends to their parent company for\nprocessing. This data is then sued to optimize your device to your needs and\nalso helps the company conduct research into what the people want and how they\nuse their devices. This processing needs to be done by a data scientist.\nUnfortunately, due to the massive demand for data scientists, most companies re\nunable to take advantage of the data they collect.<\/p>\n\n\n\n
(Source: Gartner)<\/p>\n\n\n\n
27. It only\ntakes 5 minutes for any IoT device to be attacked since being connected to the\ninternet: <\/strong>To just a get a sense of how prevalent\nIoT device attacks are, consider the fact that on an average, it only takes 5\nminutes for a new IoT device to be attacked by a potential hacker. That means\nthat in the time interval between you setting your Alexa up and you giving it\nthe second command, it could already be compromised in one way or another! This\nis possible due to the fact that most major IoT devices are constructed by a\nwell-known company whose servers are nearly constantly being attacked in search\nof an exploit. It takes only one day for the device to be targeted by exploits\nspecifically made for it. <\/p>\n\n\n\n
(Source: Netscout)<\/p>\n\n\n\n
28. IoT\nsecurity experts are IT (Information Technology) professionals and not OT\n(Operating Technology) professionals: <\/strong>Now comes the\nother major problem with IoT devices and their developers. IoT developers\nprimarily work with IT and not OT. It is the use of coding to create programs\nthat work on a particular platform. Other devices, working on the platform as\nwell, will then for the IoT. Unfortunately, a lot of problems with IoT devices\nthemselves, which work on a system not designed for them. OT developers are\nresponsible for the creation of operating platforms that the IoT works on. OT\ndevelopers often lag much behind hackers due to a variety of reasons, from\nsheer numbers to the fact that hackers can often be backed by powerful\ngovernments.<\/p>\n\n\n\n
(Source: TechRepublic)<\/p>\n\n\n\n
Unusual Examples of IoT <\/h3>\n\n\n\n
Throughout this\narticle, we have been talking about the various ways that IoT has been adopted\ninto industries and consumers\u2019 life. However, while most IoT applications serve\nto enrich the lives of those that use it, some forms of IoT are just too weird.\nNecessity might be the mother of innovation, but the following products make us\nquestion how many actually feel the necessity that they are trying to address.<\/p>\n\n\n\n
29. Catching\nbed bugs with the internet\u2019s help!: <\/strong>Everyone can\nagree on the fact that bedbugs are extremely annoying to deal with. These tiny\nlittle invisible pests can cause havoc and are the cause of many a sleepless\nnight. However, if you bedbug spray is just isn\u2019t enough to deal with them, and\nyou desire to use an arguably smarter method of securing your bed against these\ntiny bugs, look no further than Valpas\u2019 smart bed legs! These bed legs feature\na proven method of bedbug catching, i.e., the falling method, which trap any\nbed bug climbing onto the bed in the bed legs themselves. A sensor inside the\nleg then notifies an application on the user\u2019s smartphone, telling them about\nthe number of bugs it has caught. Valpas has been very popular with hotel\nchains, who can use it to monitor a bed bug invasion and decide based on the\nnumbers whether or not they require an extermination service. <\/p>\n\n\n\n
(Source: Valpas)<\/p>\n\n\n\n
30. Don’t\nwant to smell your baby\u2019s diaper to see if they have pooped? IoT has your\nback!: <\/strong>The age-old method of seeing if a diaper\ninvolves some really disgusting prospects of sniffing the baby\u2019s bottom to see\nif they\u2019ve soiled their diaper or not. Many a parent or caretaker are\nunderstandably uncomfortable with the practice, and now they can choose to turn\nto IoT to help them out! Smardii\u2019s smart diapers are waterproof diapers, which\nclaim to be reusable up to 300 times. These diapers come equipped with sensors\nthat can monitor a baby\u2019s bottom and informs parents of an impending change\nalmost immediately. Smardii also has adult-sized diapers for any individual\nsuffering from incontinence. The immediate attention given to a full diaper can\nprevent a whole host of health issues that prolonged exposure can bring. <\/p>\n\n\n\n
(Source: Smardii)<\/p>\n\n\n\n
31. You can display\nyour tweets using Ballantine\u2019s T-Shit OS: <\/strong>Twitter\nand emojis may be a gift from God, or the things causing society to collapse,\ndepending on the person you ask. However, the graphics company Ballantine is\nfirmly in the camp that believe that an individual\u2019s tweets and mood are worth\nsharing with anyone with whom they come into contact. Here is where\nBallantine\u2019s T-Shirt OS comes in handy. This product features an ultra-thin LED\nscreen sewed directly into the fabric of a t-shirt. This LED screen links up to\nan application on the wearer\u2019s smartphone, which can then be configured to\ndisplay anything that the user desires. The application features a live link to\nthe wearer\u2019s twitter feed and comes with a library of nearly 200 fully animated\nemojis. So, get out there and show the world that you\u2019re feeling \ud83d\ude0a. <\/p>\n\n\n\n
(Source: AdAge)<\/p>\n\n\n\n
32. Would you\nlike for your friends to know exactly how drunk you are? Welcome the\nDrunkDuino: <\/strong>No matter your personal opinions about\nTwitter, you cannot deny that it is an effective way to get your thoughts\nacross to your peers in a simple way. Now with the DrunkDuino, you can put out\nmore than just your thoughts to your Twitter feed. The DrunkDuino combines a\nNetduino with a breathalyzer module to constantly measure the alcohol content\nin your bloodstream. The 2\u2019x2\u2019 device can be hooked to the collar of an\nindividual\u2019s shirt, and from there can produce a result that is up to 90%\naccurate. The Netduino then interfaces with the user\u2019s smartphone and\nconstantly updates their twitter with details regarding the user\u2019s state of\ninebriation. The updates can be similar to something like \u201cMark is completed\nhammered as of 10:58:07 AM\u201d. The device is in the prototype stage currently. <\/p>\n\n\n\n
(Source: DuckNetWeb)<\/p>\n\n\n\n
33. Never run\nout of fresh eggs with Quirky\u2019s Egg Minder: <\/strong>Has it\never happened to you that you just got back from the grocery store in the\nmorning, you bought a ton of groceries, everything from ketchup to a nice prime\nsteak. For breakfast, you desire a large plate of fresh scrambled eggs, so you\ngo to your fridge, but BAM, you’re out of eggs or the eggs you have gone\ncompletely bad. With Quirky\u2019s Egg Minder, you never have to be in this position\never! It is a smart egg holder, which can hold up to 14 eggs together (and\nannoyingly enough not 12, like most commercial packs) and monitors them\nconstantly. It connects to the user\u2019s smartphone and informs them when they are\nrunning low on eggs and can even monitor the health of the eggs, so the user\nnever has to eat a bad egg ever again. Unfortunately, the idea didn\u2019t appeal to\na lot of people, and the product was discontinued in 2018. <\/p>\n\n\n\n
(Source: Quirky)<\/p>\n\n\n\n
34. Keep an\neye on your dog with Furbo\u2019s IoT treat dispenser and camera: <\/strong>A dog is a man\u2019s best friend. Leaving your best friend alone at home\nwhile you go to work can be a stressful experience for both your dog and you.\nIf you\u2019re worried about your dog missing you while you\u2019re gone, you might want\nto invest in the Furbo. The Furbo is basically like a baby monitor, but for\nyour furry baby. It features a camera and a two-way speaker, so you can keep an\neye on your dog, and even speak to them. It also has a bark monitor that sends\nyou a notification if your dog is barking too much. However, the best about\nFurbo is its treat-dispensing capabilities. If you feel like your dog has done\nsomething that deserves to be rewarded, you can instruct the Furbo to shoot out\ntheir favorite treat!<\/p>\n\n\n\n
(Source: Furbo)<\/p>\n\n\n\n
35. Have a\npersonalized water drinking schedule with Hidrate Spark\u2019s smart water bottle: <\/strong>If you\u2019re among the kind of people that struggle with drinking the\ncorrect amount of water in a day, then you might want to obtain Hidrate Spark\u2019s\nsmart water bottle. This bottle, which holds 24 ounces of water, reminds you to\ntake a drink of water if you\u2019re falling behind your hydration schedule. It also\nreminds you to fill it up when necessary. It even interfaces with various\nfitness applications to track how much exercise you are doing and adjusts your\nhydration schedule accordingly. It even features a \u2018learning\u2019 period, wherein\nyou can turn off the hydration schedule completely, and the bottle will instead\nlearn exactly how much water you drink daily and adjust its parameters\naccordingly. <\/p>\n\n\n\n
(Source: Hidrate Spark)<\/p>\n\n\n\n
36. If dental\nhygiene is crucial to you, then a smart toothbrush might be for you: <\/strong>Visits to the dentist is something that most people despise. People\nare so lax when it comes to going to the dentists, that some dentist\u2019s offices\nresort to very creative ways to remind people to visit regularly. However, if one\nbelieves that they only need to go to the dentist when absolutely required, they\nmight want to take a look at Prophix\u2019s smart toothbrush. This toothbrush takes\nphotos and videos of the inside of the user\u2019s mouth. These photos and videos\nare then processed by the application on the smartphone and can identify any\nrising concern. This can give the user an early warning about any dental\nhygiene issue like cavities, plaque build-ups, and even impending gum troubles.\nThis enables the user to contact the dentist on their leisure and nip any\nissues in the bud.<\/p>\n\n\n\n
(Source: Prophix)<\/p>\n\n\n\n
37. A wine\nbottle that doesn\u2019t go stale and can give you vital information about the wine\nyou\u2019re drinking: <\/strong>A big part of the issue that wine\nenthusiasts have with wine is that once a wine bottle is opened, oxygen is\nintroduced into the wine. This causes degradation of the wine, spoiling the\ntaste and hence rendering the wine unpalatable to many enthusiasts. One company\ntried to fix this issue by utilizing IoT to upgrade wine bottles and bring them\ninto the smart world. The Kuve\u00e9 smart wine\nbottle consists of a sleeve that a wine canister can fit into. This sleeve has\na touchscreen on its front that can display information about the wine that is\nbeing drunk. This information includes the kind of grapes that wine was made\nwith, the area of the world the vineyard was based in, and even what food would\npair well with the wine. The Kuve\u00e9 bottle could only be fitted with canisters\ncreated by the company themselves. However, the bottle was not well received by\nwine enthusiasts, who cited the lack of range of wines available for purchase.\nThe business shut down in 2017, citing the fires in Napa Valley, where most of\nthe wine the company was selling was sourced from, as the main reason.<\/p>\n\n\n\n
(Source: Business Insider)<\/p>\n\n\n\n
38. If you\ndon’t know anything about cooking, but desire the perfect baked salmon? Say hi\nto June intelligent ovens: <\/strong>For a novice chef,\ntrying to figure out cooking temperatures and methods can be a huge hassle. The\nintelligent June Oven aims to solve many of the problems that novice chefs\nface. It uses cameras and machine learning algorithms to identify the foodstuff\nput inside of it. The oven then cooks the food to the perfect state, as\nrequested by the user. The oven even remembers the exact way that the chef\nprefers to have their food, for example, if the chef prefers to have their\nsteak medium instead of medium-rare, the oven will remember that for the next\ntime. The oven can even suggest changes that the chef can make to their\nschedule to cook what they like by suggesting the time that they need to spend\non preparing ingredients and raw materials for the same. <\/p>\n\n\n\n
(Source: June Oven)<\/p>\n\n\n\n
39. Tired of\nmeasuring and pouring out salt at every meal? Introducing the smart\nsalt-shaker!: <\/strong>Are you tired of shaking your\nsalt-shaker over every single meal every day? No? Well, the Smalt-shaker still\nhas your back! The shaker has a touchscreen on its top where the user can\nselect the exact amount of salt that they need, in terms of grams or even\ntea-spoons. This can even be achieved using the attached application available.\nThe application also has settings to manipulate the RGB led that rings the\nshaker and can play music over the speakers integrated speakers! However,\nshockingly, people prefer their regular old shakers, which can actually grind\nup salt, something that the Smalt-shaker couldn\u2019t do. The project was\nunderfunded on IndieGoGo the current status of the project is unknown.<\/p>\n\n\n\n
(Source: IndieGoGo)<\/p>\n\n\n\n
40. Make\ncleaning up and taking the trash out interesting with the Bruno Smartcan: <\/strong>The small line of dust that remains on the ground after scooping up\ndirt and trash onto a dustpan is the bane of existence for many individuals.\nThen there is also the issue of forgetting to put the trash out for collection,\nand then having multiple weeks\u2019 worth of trash pile up in your house. The Bruno\nSmartcan was created for individuals just like these. It features a small, but\npowerful, vacuum at its bottom that sucks up any remaining dirt and debris, and\ndelivers it straight into the trash bag, or Bruno Bag as it\u2019s called. The\ntrashcan notifies the user when it is full, and even reminds the user when\ntheir trash day is coming up, so that they may remember to put the trash bin\nout. The can\u2019s app also tells the user when they are running low on trash bags,\nso they never run out. <\/p>\n\n\n\n
(Source: Bruno Smartcan)<\/p>\n\n\n\n
Data Sources and References<\/h3>\n\n\n\n
- Gartner<\/a><\/li>
- ZD\nNet<\/a><\/li>
- Politico<\/a><\/li>
- Gigabit<\/a><\/li>
- McKinsey<\/a><\/li>
- McKinsey<\/a><\/li>
- ZD\nNet<\/a><\/li>
- Aruba\nNews<\/a><\/li>
- SAS<\/a><\/li>
- Verizon<\/a><\/li>
- TechRepublic<\/a><\/li>
- Markets\nand Markets<\/a><\/li>
- IoT\nSense<\/a><\/li>
- Business\nInsider<\/a><\/li>
- McKinsey<\/a><\/li>
- Zion Market\nResearch<\/a><\/li>
- Zion\nMarket Research<\/a><\/li>
- Gartner<\/a><\/li>
- The\nVerge<\/a><\/li>
- Zion\nMarket Research<\/a><\/li>
- Brookings\nInstitute<\/a><\/li>
- Internet\nof Business<\/a><\/li>
- Innovation\nEnterprise<\/a><\/li>
- Innovation\nEnterprise<\/a><\/li>
- Entrepreneur\nIndia<\/a><\/li>
- Gartner<\/a><\/li>
- Netscout<\/a><\/li>
- TechRepublic<\/a><\/li>
- Valpas<\/a><\/li>
- Smardii<\/a><\/li>
- AdAge<\/a><\/li>
- DuckNetWeb<\/a><\/li>
- Quirky<\/a><\/li>
- Furbo<\/a><\/li>
- Hidrate Spark<\/a><\/li>
- Prophix<\/a><\/li>
- Business\nInsider<\/a><\/li>
- June Oven<\/a><\/li>
- IndieGoGo<\/a><\/li>
- Bruno Smartcan<\/a><\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"
- ZD\nNet<\/a><\/li>
- Only 1%<\/strong> of all data\ngenerated through IoT is utilized effectively.<\/li>