Trends 2018
Increased connected devices
Benefits of Adopting IoT
• More than 5.5 billion devices are connected everyday.
• By 2025 the total global worth of IoT technology is es timated to be $6.2 trillion.
• The number of connected devices will exceed 50 billion by 2020.
• Forbes states IoT and blockchain technologies and products will drive blockchain adoption in 2018.
The Role of AI • A Forrester Research reports states 70% of enterprises expect to implement AI over the next 12 months. • Forbes states 20% of enterprises will deploy AI to make decisions and provide real-time instructions.
IoT Security • With more connected devices comes increased vulnerability and visibility. • Forbes states that thanks to global regulations kicking into effect, organizations will build new data management frameworks centered on controlling data – controlling who sees what data, in what state, and for what purpose.
Low Power Wide Area Networks (LPWA) • It is predicted that there will be 3 billion LPWA connections by 2025. • LPWA technologies will generate $970 million globally in connectivity revenue in 2018, rising to $7.5 billion in 2022.
SOURCES https://www.gartner.com/smarterwithgartner/gartr-top-10-strategic-technology-trends-for-2018/ https://hackernoon.com/the-most-promising-internet-of-things-trends-for-2018-10a852ccd189 https://www.forbes.com/sites/gilpress/2017/11/09/10-predictions-for-the-internet-of-things-iot-in2018/2/#2f6f5c932dff https://www.forbes.com/sites/gilpress/2017/11/26/60-cybersecurity-predictions-for-2018/2/#78c208111ca1 https://www.forrester.com/report/Predictions+2018+The+Honeymoon+For+AI+Is+Over/-/ E-RES139744?utm_source=forbes&utm_medium=pr&utm_campaign=2018_predictions&utm _content=predictions_ai
Moschip About MosChip MosChip is an M2M/IoT company with hardware and software platforms used for automated lighting, smart metering, remote monitoring of construction and mining equipment, diesel generators, solar panels, wind mills, and logistics. MosChip also offers product design services in hardware, embedded, enterprise, and mobile application. MosChip’s expertise ranges from hardware board design to embedded applications and cloud/mobile applications. Our technology skills include wireless (ZigBee, RF, WiFi, Bluetooth, BLE, mesh algorithms, LoRa, GSM), automotive (CANbus, OBD II), industrial, and BMS (Modbus, BACnet, LonWorks). MosChip has vast experience in developing M2M and IoT applications and has delivered end-to-end solutions in record time. Whether it was industrial controls, high-end machines, heavy equipment, HVAC controls, vehicles, smart meters or even home appliances, Maven has delivered M2M solutions by taking responsibility for hardware design, embedded development, cloud connectivity, and smartphone accessibility.
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