Digital Thinking and Innovation: Internet of Things

Internet of Things (IoT)

• The dissolution of boundaries between the virtual and physical worlds
• More objects are now digitally connected than people, including kitchen appliances, door locks, home alarm systems, and industrial control systems
• IoT refers to physical objects connected to the internet, sensing and analyzing data, and autonomously controlling devices

Characteristics of IoT

• Includes objects implant with chips, sensors, actuators, and radiofrequency identification (RFID) capability
• Autonomous systems that can generate, exchange, and consume data with minimal human intervention
• Has significant implications for economic growth, individual rights, business models, and governance

Examples of IoT Applications

• Connected fitness bracelets and glucose monitors
• Smart homes with connected coffee makers and door locks
• RFID-embedded retail items
• Networked sensors in vehicles and energy systems
• Cyber-physical systems such as 3D printing, augmented reality, and advanced robotics

Benefits of IoT

• Communication: •Encourages the communication between devices, also known as Machine-to-Machine (M2M) communication
• Automation and Control: Physical objects are connected and controlled digitally and centrally with wireless infrastructure
• Information: Provides more information for better decision-making
• Monitoring: Enables real-time monitoring and data collection
• Time: The machine-to-machine interaction provides better efficiency, hence; accurate results can be obtained fast
• Money: Optimizes energy and resource utilization, reducing costs
• Better Quality of Life: Improves comfort, convenience, and management

Challenges and Issues in IoT

• Compatibility
• Complexity
• Privacy
• Security
• Safety

Internet of Everything (IoE)

• Refers to the connection of all real-world physical objects, people, animals, and objects
• Envisions a fully electronic ecosystem where everything is connected
• Requires AI systems to manage massive amounts of data
• Raises concerns about privacy, as all moves will be recorded in exchange for the benefits of IoE

Privacy concerns

• All of our “moves” will be recorded in exchange to obtain the most out of the object

• Many young people are already compromising their privacy

• It is expected that this will become a norm in the future generation

• Thus deploying IoE is likely

This quiz covers the concept of innovation through the Internet of Things (IoE), where the boundaries between the virtual and physical worlds dissolve, and more objects are digitally connected than people.