What are some compelling value propositions for the Internet of Things?

The IoT dream / wish Everything is based on IP Everything has an IP address Everything means really everything Every plug at house, every plug at TV, every plug at every device Every sensor at your home like a temperature sensor Every actor like roller shutter Every device like an iron blade Every dish washer, washing machine or fridge Up to a cardiac pacemaker in your body It is up to everybody to connect something to the IoT. There is no rule and there is no specification. If you like, then you can connected your baby to the IoT as well. Will we have enough IP addresses for all plugs and four persons living in the same house for any house on the globe? The IPv6 address range is 340,282,366,920,938,463,463,374,607,431,768,211,456 This mean approx. 6.67 x 10^27IP addresses per square meter on our globe Which technologies to use for the IP communication?One answer is 6LoWPAN The facts about 6LoWPAN Defined by IETF standards Stateless header compression Enables a standard socket API Minimal use of code and memory Direct end-to-end Internet integration Available on Europe: 868.0-868.6 MHz North America: 902-928 MHz Worldwide: 2400-2483.5 MHz Worldwide: IEEE P1901.2 -  Narrow Band Power Line Communications on Low Frequency (less than 500 kHz) Worldwide: Transmission of IPv6 Packets over Bluetooth Low Energy draft http://tools.ietf.org/html/draft-ietf-6lowpan-btle-04 Conclusion: Yes,   there is a standard for the Internet of Things. The base is IP. Wi-Fi   and Ethernet in our laptops, smartphones, tablets and a lot of more are   already on IP. 6LoWPAN is just one more option to use IP for smart   objects in the IoT. Maybe the IoT M2M Cookbook will help you to make a big jump: http://www.gsm-modem.de/M2M/m2m_iot_cookbook/

Internet of Things allows a variety of devices (beyond the traditional computing devices) to be networked to provide intelligence everywhere around us. Over the past decade, I have worked on various product concepts before the term came vogue. Some Value propositions: Better energy efficiency: Things like smart thermostats (https://store.nest.com/) could adjust our energy usage based on load factors and environment conditions. For instance, if your thermostat knows that the temperature is going to drop in the next 3 hours (by connecting to http://weather.com), it might bring down the AC output. If your water sprinkler knows that it is going to rain today, it might avoid sprinkling. Better disaster management: My masters thesis was in building collaboration systems among a group of networked entities. One of my papers involve (http://maple.cs.umbc.edu/papers/aamas05-ws-viswan.pdf) a group of intelligent robots autonomously working to clear a disaster site. Imagine a range of autonomous entities - land robots, drones, sensors and satellites all collaboratively working to save people as soon as an Earthquake or an hurricane is about to land. Better understanding of the nature: Animals could be tagged in the wild and we would have an even better understanding of how various natural ecosystems work. Here are 50 applications in sectors ranging from agriculture to traffic control to water management. http://www.libelium.com/top_50_iot_sensor_applications_ranking/ This is the future!

The IoT is much more than just a general collage of niche-specific actions. The two examples given of "keep my baby safe" and "link my interfaces," though important, generally cause a misunderstanding of the exact intent of the IoT.The IoT is really based on two main value propositions:Understanding/Monitoring. Whereas there used to be almost no way to track data and statuses beyond manually measuring them and keeping them in a personal log, this process can now be automated and done with more variables than others. Monitoring is often an underestimated value, but being able to track performance and the environment not only allows us to refine processes but also discover new problems and solutions we didn't know existed before.Interaction/Action. IoT allows us to remotely monitor AND control things. By itself, control is nothing if not dangerous when used randomly, but with the data that the first value gives us, this interaction means we can be alerted to a problem and have the capabilities to promptly solve it.When both value propositions are taken in conjunction and applied to a problem, that is when we see the true value of the IoT, like the application of an IoT safety measure to a gas pipe:That is also why we see the association of the IoT with cliche'd solutions of monitoring babies and machines (the babies of the factory, am I right?). The thing is though, those use-cases are the first to rise up and gain notoriety because of the very importance of those problems. After we finish applying the technology to solve our biggest of issues, then we'll eventually trickle it down to apply to more minuscule issues. Only at that point is the community you've described able to accept that the contribution is indeed good, and enjoy it fully.

A lot has been said about IoT around the globe and people are writing about it every day and every minute now and lot of people are trying create the value by building the products and the applications under this concept. I feel one of the most important value add of the IoT is really in the DATA that IoT produces. And then analytic on TOP of the data.If we understand the basics of IoT then it more like a child who for the very first after touching a hot thing reacts immediately. This immediate reaction comes from the reflex action without brain being involved —- that is called M2M. However next time when the child comes across similar hot mug - his or her brain sensory synapses tell him or her to not touch the glass - which means the data produced in the first incident was registered in the brain and then processed to make meaning out it —- that according to me is IoT. Read this to know more https://www.linkedin.com/pulse/explaining-iot-layman-machines-like-child-vinay-solanki?trk=pulse_spock-articles+(https%3A%2F%2Fwww.linkedin.com%2Fpulse%2Fexplaining-iot-layman-machines-like-child-vinay-solanki%3Ftrk%3Dpulse_spock-articles)+So now you can imagine the value addition any solution where the thing or the machine or the object is able to communicate about itself to the human world.Look at this list for some of the IoT gadgets - http://iotlist.co/https://www.theintelligenceofthings.com/article/the-50-most-intelligent-things/%20(https://www.theintelligenceofthings.com/article/the-50-most-intelligent-things/)%20 … now lets see certain domains the there is compelling value add happening alreadyhttps://www.linkedin.com/pulse/iot-retail-connected-brick-mortar-vinay-solanki?trk=pulse_spock-articles+(https%3A%2F%2Fwww.linkedin.com%2Fpulse%2Fiot-retail-connected-brick-mortar-vinay-solanki%3Ftrk%3Dpulse_spock-articles)+https://www.linkedin.com/pulse/internet-things-food-clothing-shelter-vinay-solanki?trk=pulse_spock-articles+(https%3A%2F%2Fwww.linkedin.com%2Fpulse%2Finternet-things-food-clothing-shelter-vinay-solanki%3Ftrk%3Dpulse_spock-articles)+https://www.linkedin.com/pulse/iot-managing-road-accident-rates-vinay-solanki?trk=pulse_spock-articlesIndustrial IoT: Industrial IoT has been there for sometime now where machines and sensors around them control the shop floor and enables shop floor automation and optimization of the process chain. More importantly IoT has added predictive maintenance capability.Energy Management: A key area for IoT is allowing and enabling industries, homes, and enterprise to save on the cost of energy and at the same add value by consuming only desired amount from the grid. Smart meters are helping power cos and discoms to manage the load well, read the usage remotely, check for pilferage and at the last allow to move to time of day metering.City Surveillance: Lot of smart cities around the world as part of the smart city are focusing on various things such as waste management, smart street lights, traffic mgmt and pollution control but the most important is the surveillance of the city with a central command control center.

I work for a company called Neura- their main value proposition is to offer 'shortcuts' to people based on collected & analyzed data about you, and using predictive algorithms to provide you with these shortcuts. So for example- noticing that you always come back from your jog at 10:30am and always set the temperature of your house to 70 degrees after. Neura wants to know what you're going to do and just do it for you. How would you like to come home from your jog and automatically have your house at 70 degrees? Those are the kinds of shortcuts Neura aims to do. P.s if this sounds interesting to you, we're looking for beta testers right now, & you can sign up to be one at http://goo.gl/XdGL6f!

This is perhaps one of the most asked and debated questions of 2015. A  recent report has revealed that 1 billion wireless IoT  devices (approx.) will be shipped in 2015, which is up 60 percent from  2014 – leading to an installed base of 2.8 billion devices. Considering  this statistics, it makes all the more important for Companies to create  IoT strategies for business that are focused on confined scenarios. IoT beyond the modest collection of information and allowing a host of  devices and signals deliver for the business, the focus shifts from the  uniqueness of connected and intelligent things to business process and  model transformation.