The internet devices and the infrastructure is gearing up and expanding at a remarkable level around the world. Everything is being impacted by these developments. That is why “Internet of Things” (IoT) is a concept that is taking every industry by storm.Not only is it the “in-thing”, it is something that helps make processes and devices better, secure and more powerful. WikipediaÂ defines IoT thus:
network of physical objects or “things” embedded with electronics, software, sensors, and network connectivity, which enables these objects to collect and exchange data. The Internet of Things allows objects to be sensed and controlled remotely across existing network infrastructure, creating opportunities for more direct integration between the physical world and computer-based systems, and resulting in improved efficiency, accuracy and economic benefit.
By 2020, close to 30 billion devices will be wirelessly connected to Internet of Things as per different studies (Gartner, ABI).Through the three pronged approach of – Collect data from Smart and Connected â€œThingsâ€; Connect all these â€œThingsâ€ via efficient gateways, protocols and networks; and Correlate, Simulate and Exploit all generated data onto Cloud-enabled IoT infrastructure – the business intends to exponentially increase the value customers can get from the current devices.
In every major industry, companies in the smart technology space are partnering with the industrial users to create the next generation of technology.
The different providers and industry leaders have come together and started a consortium to bring about safe, secure and smart software solutions for the industries. The S3P Consortium aims at enabling the rapid development and exploitation of IoT-capable devices and applications, combining unprecedented safety, security, agility and portability.
Smart technologies are being benefited by the rapid development in the fields of nano-electronics and embedded device technologies, which use sensors, smart actuators, processors, new HMIs, protocols, applications, etc. With an immersive and seamless experience for the users, which is secure and safe, this consortium – and its constituents – aim at enhancing the value that the economy generates for the society.
Remarkable work is being done by the Technology Partners like Esterel Technologies which provide safety critical systems and software development solutions for the aerospace, defense, rail transportation, nuclear, automotive and industrial domains.
The rail transportation, which is a widely used public transport in Europe and Asia, the Internet of Things can take the industry to a whole new level. Through Software-Based Controls, Driver-Machine Interfaces and Power Electronics not only can the railways be reliable and faster but also far more secure.