What Is Internet of Things? What You Should Know Ahead of the IoT World Congress in Barcelona


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Between October 16 and 18, Barcelona will host IoT World Congress to shed more light on the topic, investment opportunities, and its future. The event will feature multiple activities including awards and workshops.

Technology and IoT

What is Internet of Things? Has technology affected the human understanding of IoT? What is the future of IoT? These are some of the vital questions to ask yourself ahead of the 2018 IoT World Congress in Barcelona. The event, which will see the Top Internet of Things Companies meet between 16th and 18th October, will focus on aspects affected by IoT. Such areas include transport, manufacturing, infrastructure development, energy, and healthcare.

While the Barcelona event will focus on IoT, technology is the mastermind behind it. Just like technology has revolutionized nearly all aspects of human lives, it has brought massive opportunities regarding devices interconnections. For instance, it is easy to access cheap wireless networks or processors, which are vital in IoT. But even as the Top Internet of Things Companies are set to meet between 16th and 18th October, one question remains challenging to most people: What is Internet of Things? Below is what you should know about IoT ahead of the Barcelona event.

What Is Internet of Things?

IoT is the interconnection between billions of devices globally, which can collect and share data. These devices are physical, and range from tiny objects like pills to large objects like airplanes, and are interconnected via the internet. Over recent years, IoT devices have been growing in number owing to the reducing cost of wireless networks and processors. According to Statista, an estimated 25 billion devices will be part of IoT devices by 2020. The figure is massive compared to the 4.88 billion devices that were interconnected in 2015.

Impact of IoT

The effect of the internet of things revolves around all aspects of human lives. Think of a smartphone app that can control your thermostat or coffee maker that switches on automatically when you get out of bed. Indeed, controlling your thermostat temperature or coffee maker is an easy task for you. But wouldn't this automation help eliminate the stresses and effort involved by humans? There are nearly endless examples since Top Internet of Things Companies are involved in most areas of people's lives. Ultimately, this invention results in smart homes and workplaces.

The Future of IoT

There is much discussion revolving around the future of internet of things. As the rate of data sharing between physical devices increases, and the Top Internet of Things Companies ramp up their operations, it is easy to foresee a bright future for IoT. For instance, you may end up with a freezer that can remind you to buy perishables through RFID Product Chips scanning. Automatic opening of your garage door, whenever you want to drive through, might be another example. There are many examples; IoT will be a focus in the tech space, leading to substantive development in how we do things.

 

MD: Between October 16 and 18, Barcelona will host IoT World Congress to shed more light on the topic, investment opportunities, and its future. The event will feature multiple activities including awards and workshops.


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