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Internet of Things (IoT) Development Trends

IoT App Development or Internet of Things involves the transfer of data to and from Cloud Connected Sensors and the software used by companies to perform analysis on that data. IoT is one of the key trends from several years now.

One of the concerns out there is that for how long we will be using the term IoT? According to a prediction by Forrester Research the term IoT will soon be replaced in favor of more descriptive phrases to describe the process better. Terms like “Connected operations” or “Connected Product” will be used. Also, more specific use case terms like condition-based monitoring, predictive maintenance, and cold chain monitoring will become common because of being more descriptive.

IoT Technology is developing at a blazing speed and everyone around the world agrees on the fact that it will continue to do so in 2023. So let’s take a look at top IoT trends to look for in 2023.

  • Protection from Ransomware Attacks:

When it comes to IoT, security has been always a concern. But it became serious enough when the city of Atlanta was hit by a Ransomware attack in March 2018, affecting the ticket payments and water services for the city. This left the city in a crippled shape. To restore the effected Systems hackers demanded 51,000 Dollars or 6,800 Dollars per unit. Experts recommend smart cities to invest in security systems because they predict more Ransomware attacks to hit smart cities. These types of attacks are a threat to traffic control, smart lighting systems, and public transportation systems. Mobile device management solutions like the Samsung Knox, VMware AirWatch and SOTI MobiControl can be the way forward to neutralize these attacks at the end point for IoT Devices.

  • IoT enabled Smart Cities:

IoT is helping in developing smart cities as part of smart cities initiatives around the world. Cary, North Carolina uses IoT systems and data to connect Traffic Lights to Salesforce’s CRM (Customer Relationship Management) platform. This is to alert the utility companies if the traffic lights go out. San Diego, California uses Automated Street Meters and Intelligent Lightning Systems. Current, Powered by GE’s IoT platform enables smart city implementations in San Diego and also incorporates an intelligent node named as CityIQ that is embedded with multiple sensors. The rollout of 5G Networks is also expected to boost smart city implementations like parking meters, and also to consume less energy from devices.

  • IoT technology will help to keep food safer:

IoT also provides systems to improve food safety. An example of this is a Cold food storage operator Lineage Logistics system, which is a Hybrid Cloud Platform and is working with AT&T andndustrial.io to keep foodstuff safe. Ndustrial.io offers smart meters as well as approximately 1,000 sensors which are connected to AT&T Internet of Things to help companies’ measure temperature and humidity in cold storages. Lineage logistics aims to optimize energy management for food storage systems, AT&T helps with using sensors and working with data to get valuable insights. Companies get access to heat maps and, alerts and reports on temperature and environment of their food storage facilities and we can expect to see more implementations like these in 2019.

  • More IoT data will be Available:

Predictions say that, companies will sell more and more IoT data as a practice called “Infonomics”. This practice of selling data will become an important part of many IoT systems by 2023. Like Appliance, Manufacturing companies may sell IoT data. Not only for the additional revenue but also to prove the excellent functioning of their product through IoT network management and Predictive maintenance systems. An example of this is to mine data from smart water sensors and to detect problems like leakage. This gathered information can then be sold to other manufacturers and service companies for use in sales and digital marketing.

  • IoT will play a much bigger role in Customer Relationship Management:

IoT can be used to automate customer related services to a greater extent and also to enhance sales efforts through better Customer Relationship Management (CRM) Software. A basic version of this could be software that notifies companies when customers are facing problems. This could not only work for appliance type products but for services based industries as well. These IoT devices can be used to alert the Utility Service Desk software even before the customer has reported a problem. This is easier for those products that support effective Application Programming Interfaces (APIs).

  • IoT can empower Smart Stores:

Nowadays stores are getting smarter day by day. Radio Frequency Identification (RFID) tags provide key insight into the inventory of products. Smart lighting systems can provide information about how long customers linger in a specific part of the store and about their interaction with the products on the shelves. Current, powered by GE also features this functionality. After gathering and analyzing data from video footages and Wi-Fi enabled foot traffic monitoring systems, Retailers can make adjustments to store layout and to the number of goods in different parts of the store. These types of insights are provided by even general use Business Intelligence (BI) software such as the Microsoft Power BI.

  • IoT will aid preventative maintenance in Manufacturing:

One of the best benefits of IoT here is to have information about problems regarding different types of machinery before a field service technician gets to work on-site. This type of preventative maintenance is rapidly advancing and we can expect to see more of this in 2023 and coming years. Smart Factories are deploying more and more of these preventative maintenance measures. Workers are provided with wearable devices to provide insight into factory conditions and safety. These wearable devices also remove the barrier between the factory floor force and management.

If you are looking for IoT Solutions? then connect with Aalpha, you can hire developers who are skilled & experienced in Internet of Things Development.

Also read: Home automation using IoT | 

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Written by:

Stuti Dhruv

Stuti Dhruv is a Senior Consultant at Aalpha Information Systems, specializing in pre-sales and advising clients on the latest technology trends. With years of experience in the IT industry, she helps businesses harness the power of technology for growth and success.

Stuti Dhruv is a Senior Consultant at Aalpha Information Systems, specializing in pre-sales and advising clients on the latest technology trends. With years of experience in the IT industry, she helps businesses harness the power of technology for growth and success.