The Internet of Things (IoT) is taking off at the Consumer Electronics show (CES) in Las Vegas. The CES is the biggest annual consumer electronics show in the world and often manages to set the agenda for the technologies that will be important in the coming year.
The IoT has been talked of for several years as ‘the next big thing’ in technology. It refers to when everything electronic is connected to the Internet and able to share information in a much more open way than is possible now.
The example often used is a digital fridge that can advise when milk is running low or what you can cook for dinner with the food you currently have, but this is not a good example at all and fails to see how fundamental the IoT could be.
If everything we touch is connected then we will live in a different world. Your phone, car, watch, heart monitor, shoes, just about everything you interact with will be generating information. Your insurance company will know when and where you drive your car. Your employer will know when you are at the office and when you are at home. Your doctor will be able to monitor your health without requiring a visit to the hospital. Your car will alert the dealer directly when there is a problem that cannot be resolved at home.
Many of these actions can be taken now. The ethos of the IoT is just that we will see much more communication from the objects we interact with and that there will be communication between objects. For example, your electricity meter may actually check with electrical items in your house and send a report on which appliances use the most power.
In theory the IoT is a revolution in communication in the same way that the Internet itself created an open communication platform. However, the big danger is that different companies use different protocols and methods of communication.
The CEO of Samsung used his own speech at CES this week to suggest that every Samsung product will be using entirely open IoT data platforms within 5 years. With this kind of leadership, hopefully smaller companies will follow and ensure that all their products are open.
The possibilities for the IT industry are endless. IoT will generate vast amounts of data, therefore the principles and expertise needed to manage Big Data will be important, but when this relates to customers then linking in the Customer Relationship Management (CRM) aspect will also be essential.
IT projects are going to multiply in the coming years. Products that were never previously connected or never required software – a kettle for example – may require new software and systems so that you can send a message from your phone on the way home, so a boiled kettle is ready and waiting for you.
If the CES predictions are correct, 2015 is going to be the year that IoT finally goes mainstream.