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What To Expect From the Internet of Things (IoT) in [2020]

Internet of Things, also known as IoT technology, is playing a major role in shaping our day-to-day lifestyle by turning our regular homes into smart homes.

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What To Expect From the Internet of Things (IoT)

Internet of Things, also known as IoT technology, is playing a major role in shaping our day-to-day lifestyle by turning our regular homes into smart homes. In this article, we will be discussing what to expect next from IoT (Internet of Things) in the coming year.

IoT, in general, is a vast network of connected physical gadgets and electronics along with sensors and software that are used to build connectivity. These sensors are what enable connected electronics to exchange information throughout the entire network.

Now that we have gone through the basic idea of what is the concept of the Internet of Things. It’s time to take a look at some of the areas where IoT will make it big.

Major Predictions on the Internet of Things (IoT)

Below are some of the top predictions that are made when it comes to IoT (Internet of Things) for the upcoming year. These predictions are also responsible for the increased hiring rate of IoT app development companies by businesses:

1. More Secure Routers

secure home router system

Today, a vast number of houses consist of routers but the issue with those devices is that they do not have security installed in them. This further makes routers easy prey for cyber-attacks and online hackers. To avoid such threats, companies are now equipping their routers with advanced security features while encrypting their information to protect their consumers.

2. Spike in Employment Opportunities

We know for a fact that IoT technology is growing day by day, but just like every coin has two sides to it and so does the Internet of Things. One of the major things that are creating an issue in IoT adoption is the security factor.

Here, data security is a concern that cannot be overlooked by us, with the continuous advancements in IoT there have been several incidents of data breaching. So, to take control of this situation, more job opportunities need to be created related to data security.

3. Widespread of Self-driving Cars

Many well-known organizations are currently working on the project of self-driving cars, some of them being Google and Tesla. In 2019, few models of such self-driving cars were made available for the public as well. And looking at the current statistics, it can be said that we are likely to witness a widespread of self-driving cars by the end of the year 2020. And thanks to the Internet of Things, for offering advanced in-built internet services to enhance the functions of a car and promote autonomous driving.

Businesses that are integrated with the Internet of Things (IoT) technology have an edge over their competitors in their respective domains. In the next three to five years, IoT will become a basic requirement for businesses to elevate their ROI (Return on Investment), provide innovative services to their consumers, and to rank among the top leaders of the industry.

Self-driving Cars

4. Here’s what Experts Have to Say on IoT

In addition to the above-mentioned points, let’s look at some of the statements made by industry experts on the Internet of Things technology, which are as follows:

  • Bryce Welker from CPA Exam Guy believes that smart retailers will eventually learn the right way to harness the huge potential of the Internet of Things to grow in the market. With the help of smart devices, retailers will be able to gather a large amount of data on user preferences.
  • Kristopher Jones from LSEO thinks that IoT is already employed on a smaller scale when it comes to the transportation sector. Speaking of local and state levels, we’ll be seeing IoT sensors installed to signal when repairs are required that this will ultimately save additional costly repairs.
  • Colbey Pfund from LFNT Distribution thinks that the more people understand the importance of the Internet of Things, the more it will have an impact on their home life. For instance, heaters adapting to the external temperatures and lights reacting when sensing a movement are two of the common examples of how IoT is going to completely change the day-to-day lifestyle of people at home.
  • Andrew Schrage from Money Crashers Personal Finance believes that traffic lights could be a great application on the Internet of Things. With the help of IoT, we will be able to track traffic patterns and also know when’s the appropriate time for the light to turn green or red. This can turn out to be of great help in reducing traffic in crowded cities.

These are some of the many statements that are made by experts when it comes to the Internet of Things. One thing that we can say for sure is that this is just the beginning stage of the mass adoption of IoT technology and it will be really exciting to see what the future holds for this emerging trend.

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Automotive

What Are Parking Management Systems? What is the Importance?

In this sense, it is necessary to implement a system that allows for better management of parking lots, but what do these systems consist of?

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What Are Parking Management Systems What is the Importance

Millions of people lose precious minutes of their time related to their car for two simple reasons. The first one is finding an empty and suitable place to park their vehicle, and the second is traffic that occurs when people are trying to find a space to park their car.

In this sense, it is necessary to implement a system that allows for better management of parking lots, but what do these systems consist of?

1. What is a parking management system?

Parking access security systems make it possible to monitor vehicles that move through different areas and give access to authorized vehicles. These systems restrict entry for those who do not meet the established requirements. This way, control of all users can be achieved, not only in public parking lots but also in private and residential complexes.

Ticketless parking management systems are one example that reduces traffic when cars enter a parking lot. These systems use automatic nameplate recognition (ANPR), which scans a vehicle’s license plate before and after entry to issue the associated parking fee. This reduces the time users will have to sit in their car when gaining access to a parking lot because they don’t need to wait for a ticket. QR-based tickets can also be easily included in these systems if the client wishes.

These parking management systems are beneficial in places that generally work 24 hours a day, such as:

  • Hospitals.
  • Public car parks
  • Ports, railway stations, and airports
  • Leisure centers and hotels
  • Malls

Off street parking solutions

 

2. ‘Off street’ parking solutions

Applying ‘off street’ parking solutions are an essential aspect nowadays, with street parking becoming more scarce due to the increase in the number of cars. Implementing payment terminals at parking lot exits, which work with QR readers, TFT screen technology, credit card payments, or mechanized readers with magnetic strips, are also a significant financial incentive for property owners to invest in a modern parking access control system.

A modern parking system, commonly applied in some commuter towns, provides comprehensive solutions regarding the management and control of parking lots. By adopting modern parking technology, property owners can have remote capabilities when managing their lot, reducing the number of staff needed and common touchpoints in parking lots during the COVID-19 pandemic.

Some advantages that can be enjoyed with modern parking control and management technology are:

  • Reduction in operations costs.
  • Integration with building management and door entry access control systems.
  • Remote, centralized management of the system.
  • Event data allows property owners to optimize the flow of their parking lot, which can also be used for accounting or audits.

With modern parking control systems, there are notable benefits for the property owner and end-users, from cost reduction to time saved when waiting through traffic in a parking lot. Make sure you do your research when choosing your next parking control system.

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