How the IoT could transform four industries this year

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This could be an important year in the continuing expansion of the Internet of Things (IoT), while many other companies are starting to deploy connected devices and strengthen their analytics and network capabilities. to collect huge volumes of data from countless sources.

Also: What is the IoT? everything you need to know

By 2019, the IoT enterprise pilot initiatives and subsequent implementations will continue to evolve rapidly, said Taqee Khaled, strategy director at Nerdery, a digital business consulting firm.

"This acceleration is due, in part, to advances in manufacturing that have increased processing speeds, physical size and the cost of core technologies," said Khaled. "However, the barriers to adoption have also diminished, as more and more top management teams have become familiar with IoT's value proposition for the core business."

The most significant new frontiers will emerge at the intersection of IoT and artificial intelligence (AI).

"As data is analyzed through smarter, learning-oriented systems, more meaningful information will be generated easily and in an accessible way, ultimately leading to more informed business decisions and better information. the experience of the workers, "Khaled said. "As this part of the ecosystem becomes more complex, we expect more and more third parties to offer managed service platforms for IoT."

Four areas to watch for in the coming year are health care, manufacturing, automotive, and the municipal or public sector. Here is a summary of what Khaled expects to see in terms of IoT developments for everyone.

Health care

Health care will experience significant IoT activity in 2019.

"Among the suppliers, the IoT activation will be leveraged to achieve the triple goal of cost, quality and health of the people," Khaled said. Simple and integrated digital tools are already being extensively tested to reduce the risk of infection related to replaceable medical instruments, while smart leads and thumbnail or patch sensors are are improved, ranging from cardiac reading to body chemistry and sleep patterns.

Among payers, IoT offers a distinct opportunity to enable smarter management of population risks, as well as repayment rate adjustments. Long-term care facilities with IoT will be able to negotiate better rates if their sensor data supports the risk of falling and mitigating the risk of infection, said Khaled.

The growing ecosystem of portable fitness devices will help insurers recognize members who take (literally) steps to actively change their individual risk.

IoT technologies promoting medication adherence by patients will help these two groups seize important opportunities for cost reduction and improved health.

Manufacturing

The manufacturing in 2019 will see a continuous acceleration of the trends observed in 2018, predicts Khaled. "We will see more and more attempts by manufacturers to take advantage of the IIoT [Industrial IoT] to put full facilities online as fully connected factories, warehouses and distribution centers, "he said.

In some cases, this data will be used to enrich pilot block chain ecosystems, which will help ensure more complete assurance of production and monitoring. While IA interacts with these sensory ecosystems, entire facilities can "learn" to moderate their energy consumption and improve their efficiency according to the identification of hidden trends in production data .

automobile

The IoT will continue to improve the way traditional driverless and driverless vehicles interact with their users, based on real-time data. While the automotive display panel is the most common and oldest example of the basic IoT dashboard, nothing has changed much in decades compared to the Typical engine, oil and fuel tank indicators, said Khaled.

"By 2019, more of these indicators will not only be available in dashboard displays, but they will also interact more actively with users' phones, making total management and awareness of vehicles more mundane and more committed, "he said. Apart from the vehicle itself, the proliferation of IoT among fleets can begin to communicate with smart grids more significantly about traffic conditions.


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Municipal / public sector

Smart cities will leverage the IoT beyond the smart grid implementations we've seen over the past decade around water and electricity, Khaled said. . As alternative energy sources become integrated into communities, AI-based network management will increase in value by proactively managing systems.

Beyond energy and utilities, more local initiatives will connect residents with their neighborhoods and regions, redefining smart cities to include smart neighborhoods in which municipalities and municipalities are investing in. internet of things to help them better understand local traffic, school buses, breakdowns collection, weather and other areas.

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