Editor's Note: The author, Bernard Marr, is a bestselling author and speaker with extensive research in business, technology, and big data. Amazon's Echo, FitBit's sports bracelet, and even smart coffee makers, these seemingly irrelevant things, are the lively products of the "Internet of Things." Their commonality is that they are all daily necessities, can be connected to the network, can be recognized by other devices, and collect information to form a database. The Internet of Things is often considered to be Internet 2.0, and data is generated by items. Kevin Ashton, a digital innovation expert who promotes the term IoT, describes: “If a computer can perceive changes in items without human intervention, we will be able to track and record everything and greatly reduce waste and shrink. Cost. We can know when items need to be replaced, repaired or recycled, and how old or new they are." Since the Internet of Things has made the physical world a huge information system, how will it affect business in 2017? Although some people believe that the development of the Internet of Things is slower than expected, most people still maintain an optimistic attitude towards the speed of development of the Internet of Things in 2017. Whether it will reach the expected target of 50 billion connected devices by 2020, I firmly believe that companies that learn to use the Internet of Things to generate data will survive and grow in the future. At present, there are some new products and new breakthroughs in the field of Internet of Things. Smart home Smart homes have made great progress in 2016. Experts believe that Amazon's smart device Echos sales in the 2016 holiday are more than nine times higher than the previous year. It is expected that smart home technology will become more important in 2017. According to the Smart Home Technology Survey, 70% of consumers who have purchased smart home devices are more likely to purchase again. Wearable technology In 2015, sales of wearable devices reached 78.1 million units; by 2020, the market is expected to grow to 411 million units. All wearable technologies, including smart watches, fitness trackers, and VR devices, generate a lot of data, and companies are just beginning to understand the possibilities and potential application values. smart car It is estimated that by 2021, 82% of cars will be connected to the Internet. The emergence of the Internet of Things has changed the automotive industry and has resulted in application integration, navigation, diagnostic tools and even autonomous vehicles. At the same time, the huge investment that the automotive industry is experiencing will determine the next step in the innovation of the Internet of Things. Transformation of trading methods We only touched the surface of the Internet of Things and found that it provides consumers with unlimited new products and possibilities. However, it also has an impact on our trading methods: Inventory Management: Smart devices can automatically track inventory and greatly reduce the workload of warehouse administrators. Consumer demand: Consumers will become accustomed to smart devices and begin to anticipate smart device innovation in every aspect of their lives. Inventors can continually create new tools, furniture, appliances, etc. to meet new demands and provide new sources of income for companies. Shorter buying cycles: Companies will “compromise†the shorter buying cycles under the influence of the Internet of Things to cater to the immediate needs of consumers. Learning from the data: The amount of data generated from smart devices will help companies learn how to maximize impact through innovation. Working remotely: As the Internet of Things becomes more integrated, tasks that previously required on-site completion will be remotely implemented. There is no doubt that the Internet of Things era has just begun. Companies that know how to use technology can take the lead in products, services and operations. Of course, although there are many innovations, the Internet of Things has one drawback: that is, most Internet of Things devices are not secured, and hackers can easily invade. Last year, millions of IoT devices were hacked. Looking ahead, I hope that IoT manufacturers can pay more attention to security issues, and users should take all precautions to ensure the security of their devices. Water Purifier Pressure Sensor Water Purifier Pressure Sensor,Water Pressure Switch,Water Pressure Transmitter,Water Purifier Parts Shenzhen Ever-smart Sensor Technology Co., LTD , https://www.fluhandy.com