In June 2000, LG made headlines with a quirky advertisement of a refrigerator that could do more than just keep groceries fresh. Fitted with an LCD Screen and the ability to connect to the internet, the fridge could churn out recipes, tell you how fresh your groceries are, when you may need to go shopping next, and even play music for you.
Back then, it was hailed as an over-the-top invention that was nothing more than gimmicks. But today, we’ve come a long way towards accepting devices into our homes that communicate with us. It’s all thanks to advances in two technologies – cloud computing and IoT. In this article, we discuss the role of these technologies, how they propel each other, and where we’re headed in the near future.
Internet of Things (IoT) is a network of interconnected devices and sensors that aid in forging turnkey solutions for everyday tasks. Smart cities, smart homes, smart wearables, and even smart driverless cars are all a testament to the growing revolution of IoT.
Today’s startups and legacy IT giants have successfully commercially implemented IoT in all market segments – from wearable devices that monitor the condition of cancer patients to connecting air fleets and cargo for reducing delay, IoT is everywhere.
According to Statista, more than 75 billion IoT devices will be in use by 2025 and essentially dictate the path for global technological advancement.
Cloud computing is a trailblazing advancement in data management and infrastructure technologies. Cloud computing enables companies (including IoT service providers) to reduce or even eliminate dependency on in-house infrastructure, i.e. traditional data centres. Cloud computing services providers like Google Cloud, Amazon AWS, and Microsoft Azure allow organisations to use data infrastructure on demand.
The revolutionary technology comes at a time where economies of scale are playing a significant role in the market. Simply put, organisations who make use of the cloud get quick and unfettered access to all things data management – servers, storage, databases, networking, and intelligence – without the need for large capital.
More than 96% of organisations today have implemented some form of cloud computing.
In some ways, cloud and IoT are complementary technologies. The Internet of Things creates and relies on big data for functionality, while Cloud gives easy access for organisations to store, retrieve and traverse large quantities of data. Some advantages that cloud computing offers specifically to IoT include:
The rising use of multi and hybrid cloud environments is a tell-tale sign that companies are ready to take the next step forward with streamlining data management. Increased acceptance among the general public and the pandemic economy have propelled the IoT advancements and integration remarkably. The buzzing combination of IoT Cloud is here to pave the path for a revolutionary new landscape in the increasingly digital technological landscape.
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