The latest advances in the Internet of Things (IoT) sector such as Transportation, Energy Distribution, Smart Cities, Healthcare, Logistics, Artificial Intelligence, Sensor and Network Security, Big Data, and Data Analytics were among the topics covered at the IoT Solutions World Congress 2016 (IoT SWC), held in Barcelona from October 25 to 27, one of the world’s largest events in relation to the technologies and processes related to the application of the Internet of Things.
To highlight the positive effects of the technology in practice, the IoT Solutions World Congress 2016 (IoTSWC) showed countless applications for the IoT, from connecting technology and industry, the creation of the best possible platform where companies and experts can showcase the best ecosystem for the rapid deployment of these technologies.
The IoT SWC Barcelona organized a program with more than 170 experts and an exhibition area showcasing the latest solutions available. This included 10 test beds, displays of real industrial applications of industrial IoT technologies. Telefonica R & D presented a small smart city ecosystem. Companies such as General Electric, Oracle, Infosys, M2MI, Schneider Electric, Fiware, NEC, Intel, Microsoft Dell/EMC were responsible for showing how producing and managing resources and businesses is transforming the economy around the world. In addition, the event hosted world premieres like the global launch of the Atom E3900, Intel’s new chip specifically designed for the IoT World.
+8000 visitors from over 70 countries
+160 top industry speakers
+170 exhibiting companies
Intel announced at the congress that the Atom processor E3900 is enabling many of the processing needs to take place at or near the data sensor, alleviating the need to push all processing to the data center. The amazing feature of this microprocessor is a decentralized infrastructure in which computing resources and application services are distributed to the most logical place at any point from the data source to the cloud.
In the automotive industry the software-defined cockpit is where the Intel E3900 with edge computing capability can make a big difference. The ability of a single system to drive the digital gauges, navigation, and advanced driver assist functions are only some of the exciting trends of the IoT World.
One of the most important topics discussed in the IoT Congress was how IoT can introduce innovation and accelerate businesses. IoT solutions architectures provide accurate insights for analytics-driven action. Future-ready IoT analytics are going to make IT Platforms easy to deploy, manage and govern.
One of the challenges is how to deploy edge analytics near endpoints in order to provide the flexibility and agility needed for dynamic IoT implementations. This can reduce the cost of transporting and managing less-relevant data while enabling rapid automated operational responses.
Combining big data analytics with edge analytics to provide deeper, accurate, contextual insight from any device, any data center or cloud with data at rest and in motion is the goal. Leveraging analytics at the edge, at the core, or in combination, delivers faster, more valuable data-driven insights. IoT offers the industry this kind of advantages and forces the companies around the word to undergo deep digital transformations.
As the IoT continues to develop, its full potential can be explored in combination with related technologies and concepts such as Cloud computing, Future Internet, Big Data, robotics and Semantic technologies. Of course the idea is not new but becomes more evident when combining these related concepts start to reveal synergies.
However, the Internet of Things is still maturing, in particular due to a number of factors, which limit the full exploitation of the IoT. Among those factors the following appear to be most relevant:
▪ Difficulties in developing a clear approach for enabling innovation, trust, and ownership of data in the IoT while at the same time respecting security and privacy in a complex environment.
▪ Difficulties in developing business which embrace the full potential of the IoT
▪ Lack of large-scale testing and learning environments, which both facilitate the experimentation with complex sensor networks and stimulate innovation through reflection and experience.
▪ Practical aspects like substantial roaming charges for geographically large-range sensor applications and missing technical availability of instant and reliable network connective
As an instrument to interconnect devices and a generic enabler in our hyper-connected society, the potential benefits of IoT are highly evident. It allows private and public-sector organizations to manage assets, optimize performance, and develop new business models.
IoT applications are changing the way we work and live by saving time, resources, and opening new opportunities for growth, innovation, and knowledge creation. It can support an ageing society, improve energy efficiency, and optimize all kinds of mobility and transport. Its compatibility with concepts like cyber-physical systems, cloud technologies, big data and future networks like 5G makes this potential limitless.
The success of the IoT will depend on ecosystem development supported by an appropriate regulatory environment and a climate of trust, where issues like identification, trust, privacy, security, and semantic interoperability are pivotal.
The 2016 Internet of Things Congress in Barcelona showed us just some of the potential benefits and potential opportunities that this new world has to offer.