In this post you will know the Top IoT projects working on in the current IT industry. Internet of Things (IoT) is rapidly increasing new technology because today’s world is internet world. IoT is a combination of the communication system and embedded system which is used to connect hardware devices to the network or internet. But learning IoT is not very simple, as the system works on complex procedures and modules. The best way to learn IoT is by building projects and learning while doing it. In this article, you can find lots of new IoT project ideas to do in their engineering career.
The best project in IOT is definitely being made by the best companies in the world,
- Amazon - Alexa
- Microsoft - Askey
- Google - Google Assistant
- KLM Airlines - The FlightBeat Program
- Delta Airlines - RFID technology for Baggage Tracking
- Apple - iBeacons
- Amazon,US Military,Microsoft - using Drones to deliver product
- Google Pay,PayPal - using NFC for Payment transaction
Some of the IOT Technologies are patent and some are open source,some are in the early phase of development,some are quite mature,some are more hardware based some are a bit more software based but all the above are IOT’s based Technology or Project having different USE CASES.
Deployment of Internet of Things (IoT) in industries to modernize manufacturing processes is referred to as Industrial Internet of Things (IIoT). IIoT incorporates machine learning, Big Data technology, and machine-to-machine (M2M) communication, adopting the sensor data and automation technologies that already exist in the industries.
The global Industrial Internet of things market is anticipated to expand at a CAGR of 24.3% during the forecast period (2018-2026) and is expected to reach US$ 991,562.0 Mn by 2026.
IIoT helps to improve visibility, operational efficiency, increases productivity, and reduces complexity in the process. Large collected data helps in predictive maintenance which can generate savings over scheduled repairs leading to reduction in maintenance costs and reduce downtime from equipment breakdowns.
Industrial Internet of Things is changing the competitive landscape of industries, as companies are investing in advanced technologies for automation. Further, companies such as General Electric Company, IBM Corporation etc. have been able to establish themselves as leaders. Some of the major players are currently focusing on providing IIoT solutions with advanced and innovative technologies.
Some of the players prominent in the global IIoT market with significant developments which have been profiled in the report are IBM Corporation, Intel Corporation, Schneider Electric SE, General Electric Company, Emerson Electric, ABB Ltd., Accenture PLC, Tech Mahindra Ltd., Softweb Solutions Inc., Sasken Technologies Ltd., ZIH Corp., Siemens AG, Robert Bosch GmbH, and NEC Corporation.
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