Report Title: INTERNET OF THINGS (IoT)

Contents:

WHAT IS INTERNET OF THINGS 2

HISTORY OF IoT: A TIMELINE OF DEVELOPMENT 2

HOW IoT WORKS, COMPONENTS, BENEFITS, SWOT, &

APPLICATIONS 3-5

PROS and CONS of IoT 6

IoT Projects 7

Conclusion 8

References 9

REPORTER: CAMAYODO & CALIAUG

Definition of IoT

1
 The Internet of Things, or IoT, is essentially an ecosystem of physical
devices, vehicles, appliances, and other things that have the ability to
connect, collect and exchange data over a wired and wireless network, with
little or no human-to-human or human-to-computer intervention (Cass,
2018).

Timeline of Development

1969-1998 (Development of ARPANET, vending machine, toaster, GPS, IPv6)

1999 (The term “Internet of Things” first use by Kevin Ashton of MIT)

2007-2009 (The first iPhone was release)

2013-2015 (Google start testing self-driving cars)

2016 (Uber and Tesla are all testing self-driving cars)

2017-2020 ( IoT continues to grow as Internet penetration. AI, Blockchain, edge

computing, cheap devices and sensors proliferate)

How IoT Works

2
RFID- TO IDENTIFY AND TRACK THE DATA OF THINGS
SENSOR- TO COLLECT AND PROCESS THE DATA TO DETECT THE CHANGES IN THE
PHYSICAL STATUS OF THINGS
SMART TECH- TO ENHANCE THE POWER OF THE NETWORK BY DEVOLVING
PROCESSING CAPABILITIES TO DIFFERENT PART OF THE NETWORK
NANO TECH- TO MAKE THE SMALLER AND SMALLER THINGS HAVE THE ABILITY TO
CONNECT AND INTERACT

Components of IoT

 CONNECTIVITY
 SENSORS
 PEOPLE AND PROCESSES

IoT Applications

 MANAGEMENT
 RETAIL
 LOGISTICS
 PHARMACEUTICALS
 PRODUCTION
 EDUCATION
 FOODS
IoT Benefits to Organizations

3
  MAKE BETTER BUSINESS DECISIONS
 ENHANCE EMPLOYEE PRODUCTIVITY
 IMPROVE CUSTOMER EXPERIENCE
 GENERATE MORE REVENUE
 INTEGRATE AND ADAPT BUSINESS MODELS
 SAVE TIME AND MONEY
 MONITOR THEIR OVERALL BUSINESS PROCESSES

IoT SWOT ANALYSIS

STRENGTH
COST REDUCTION
ENVIRONMENT FRIENDLY
INNOVATION
PUBLIC INTEREST AND HYPE
EASE OF USE
WEAKNESSES
SECURITY
DATA CHALLENGES
MASSIVE INVESTMENTS
NO ROAD MAPS
WEAKNESSES

4
OPPORTUNITIES
HEALTHCARE APPLICATIONS
WEARABLES
INFRASTRUCTURE MANAGEMENT
MAKING COMPUTING UBIQUITOUS
EXCITING INVESTMENT OPPORTUNITIES

THREATS
VULNERABILITY TO HACKERS
NOT MEETING PEOPLE’S EXPECTATIONS
LACK OF DEMAND

Pros and Cons of IoT

5
PROS

 Accessing information is easy, you can control a device that is miles

apart in real time

 Communication between the connected devices become more

transparent and easier

 Transferring data packet over a network reduces both time and

money

 Automation is the need of the hour; IoT reduces human intervention &
increases efficiency of services

CONS

 There is a huge risk of leakage of confidential data, when sent over a

network

 Due to its complex network, a single loophole can put the entire
system down, affecting everyone

 With automation, the need of human labor reduces drastically

 Today’s lifestyle is technology driven, we depend on technology for

the tiniest of task.
Top 7 IoT (Internet of Things) Projects

6
1. BIOMETRIC SYSTEMS

2. SMART IRRIGATION SYSTEM

3. SECURITY CAMERA & DOOR LOCK SYTEM

4. SMART HOME

5. SMART CITY

6. Zelda Ocarina Controlled Home Automation

7. Jarvis

CONCLUSION

7
 TO GENERALIZE THE REPORT “THE ULTIMATE GOAL OF
INTERNET OF THINGS IS TO AUTOMATE HUMAN LIFE.”
INTERNET OF THINGS IS NO USE WITHOUT THE INTERNET
TO CONNECT THE PHYSICAL DEVICES TO HAVE ACCESS
TO COLLECT. CONNECT, AND EXCHANGES DATA OVER
WIRED OF WIRELESS NETWORK WITH LESS HUMAN
INPUT. INTERNET OF THINGS IS A TREND TODAY AND
SOON ALL TECHNOLOGY THAT PEOPLE USE WILL DEPEND
ON THE INTERNET.

REFERENCES

8
 https://youtu.be/6mBO2vqLv38
https://internetofthingsagenda.techtarget.com/definition/Internet-
of-Things-IoT
https://www.iottechtrends.com/history-of-iot
https://www.youtube.com/watch?v=bsycx2zbCxA
https://youtu.be/glZnkpIDWSE
https://youtu.be/ZGLPxEv_EWo