It is undeniable how the convergence of technology, people, data and processes are impacting the way we live on a large scale. From securing day-to-day data to streamlining larger processes, the Internet of Things (IoT) has become an integral part of how the world progresses.
In its most technical sense, Internet of Things can be defined as the network of physical objects accessed through the Internet. These objects contain embedded technology to interact with internal states or the external environment. In other words, when objects can sense and communicate, it changes how and where decisions are made, and who makes them.
The Internet of Things (IoT) is emerging as the third wave in the development of the Internet. The 1990s’ Internet wave connected 1 billion users while the 2000s’ mobile wave connected another 2 billion. The IoT has the potential to connect 10X as many (28 billion) “things” to the Internet by 2020, ranging from bracelets to cars. Breakthroughs in the cost of sensors, processing power and bandwidth to connect devices are enabling ubiquitous connections right now. Smart products like smart watches and thermostats (Nest) are already gaining traction as stated in Goldman Sachs Global Investment Research’s report.
Big league companies are rapidly shifting their focus towards IoT and innovating and engineering products to stay atop of the growing trend. It is undeniable that opportunities in this field for graduates in Electronics Engineering or Computer Science Engineering are abundant. It’s where the future of a variety of industries lie and students have the opportunity to build this future.
Here are some of the IoT trends that touch the lives of many:
- IoT and the Cloud: More than 90% of all IoT data is hosted on service provider platforms such as cloud computing which has reduced the complexity of supporting IoT “Data Blending”.
- IoT and security: 90% of all IT networks have an IoT-based security system in place. What was once considered an inconvenience, is now the most sought-after solution for security.
- IoT and network capacity: More than 50% of IT networks have transitioned from having excess capacity for handling IoT devices to experiencing high demand for new and up skilled professionals in the field.
- IoT and the Smart City: Competing to build innovative and sustainable smart cities, local government will represent more than 25% of all government external spending to deploy, manage, and realize the business value of the IoT.
- IoT and millennials: millenials, who are a large part of the world’s population are rapidly adopting IoT due to their reality of living in a connected world.
There is no time like now for students to explore this world of opportunities and it begins with a strong foundation in the discipline. The International Center for Applied Sciences, Manipal is an institution that offers a comprehensive course on Computer Science or Electronics & Electrical Engineering that allows students to practically learn the evolving dynamics of the discipline. From interaction with industry experts to a hands-on training culture, ICAS helps ensure that students have the ability to fully explore the opportunities in the field. It not only imparts the knowledge but also gives them the confidence to go out and take on the challenges as well.
Building the future of an industry begins with the right foundation and ICAS’ extensive courses can ensure that.