Wednesday, January 13, 2016
The Smart Money is on the IoT
The smart money in industry in 2016 is on the Internet of Things…make that the Internet of all things. GE wants to create a multibillion dollar business out of IoT. And Samsung recently launched a Hub with open protocols for connecting sensors and smart home accessories, enabling combining products from various manufacturers. Indeed, near-term viable prospects for the IoT include more widespread use of intelligent controls for everything from obvious matches such as HVAC systems, elevators, home security, and lighting to such categories as driverless cars, smart parking, optimization of driving routes to bypass traffic congestion, early detection of tremors in earthquake prone areas, and monitoring of variations of water levels in rivers and reservoirs. The reach of IoT is practically limitless. Where do you foresee the IoT at your facility and when?