International Data Corporation(IDC) expects the installed base of the internet of things will be approximately 212 billion “things” globally and the market share pertaining to the ecosystem surrounding it to be a whopping $8.9 trillion, by the end of 2020.
A 50-hour training offered by our Organization, IoT is one of the most advanced and emerging technology, where the interaction between the machines/devices gets leveraged with software, electronics, sensors to name a few.
The primary intention of interconnecting of these devices is to provide efficiency, scalability, precision, high economic benefit etc., to name a few.
As per several surveys, more than 50 billion devices will be interconnected by 2020. Humongous amount of data is going to get generated from those interconnected devices. We will analyze, draw insights and take actionable decisions through IoT Technology.
IoT is fast catching up the attention of the world. There are many instances where the implementation of IoT is resulting in many benefits and advantages. We are currently in the world of devices, such as Desktop, Laptop, Mobile, health bands etc. All these are interconnected using the Internet, resulting in deriving meaningful and actionable insights to be used for various business beneficial and crucial reasons.
Number of Devices, sensors, vehicles, mobiles, etc are growing at a very rapid pace, and has never been with such velocity. The prediction of 50 billion of devices being interconnected by 2020 itself speaks volumes about the huge potential of opportunities this field is going to create. Per the surveys on current and future trends, there will be a huge dearth of jobs in the space of IoT. If we tap into the potential of this futuristic technology now, we can spearhead the future of this emerging Technology.
Get in-depth information about the Internet of Things(IoT) from our best-in-class training and get prepared with all the tools to conquer the world of IoT.
There are a lot of business problems solved by using the Internet of Things Technology. Few of the most crucial business problems are as below:
1.Using the capability of IoT, we can sense the risk of a thunderstorm or hurricane by leveraging devices, data with analytical capabilities. Thereby, we can send alerts to the car/vehicle users to take precautions, which in-turn results in saving Millions of dollars to the Insurance and other related companies…. Not only this, we can also save lives of people (which is crucial) by sending precautionary measures to them.
2.Using IoT, the satisfaction of customers in the logistics department can be improved immensely by triggering timely maintenance of vehicles before the vehicles break down (which results in stoppage of services to the customers). This way, the proactive measures powered by IoT will lead to huge revenue profits to the customers.
We can further discuss the nuances of problem solutions during our course