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In this presentation, Rohan introduces IoT associated trends. He has already worked on IoT applications Smart city and he wants to work on predicting customer churn as that will enable him to design better products/services.
What is IoT
The IoT is a computational concept that brings a future where physical
objects will be connected to the internet and be able to identify
themselves to other devices.
The IoT is a difficult concept to define precisely. The term is closely
identified with RFID as the method of communication, although it may
also include other sensor technologies, wireless technologies or QR
“The IoT is significant because any an object that has the ability to
work digitally becomes much more than an object itself. It becomes an
asset. The object not only relates to us but also to many other objects in
In Industries supply chains plays a major role. Many shipping companies are
now using wireless connectivity to remotely monitor their mobile assets. This
connectivity enables M2M-based Internet of Things functionality, such as the
ability to report on the location and route of a truck or the humidity, temperature,
and/or pressure of its cargo. The added intelligence provided by the Internet of
Things plays a critical role in ensuring regulatory compliance and the safety of
our global food and pharmaceutical supply chains.
Many local governments and municipalities dream of being able to minimize
traffic jams or manage water main breaks or snow removal issues from afar. A
number of communities are already making the Internet of Things a reality in
their towns by starting small. For instance, water quality and wastewater
management are being improved with the use of thousands of tiny sensors that
wirelessly report on everything from water levels to the type of bacteria in the
water to blocked water mains.
The real value of the Internet of Things comes in enabling doctors to remotely
manage specific diseases or general patient wellness. Critical care monitoring
will be driven by rugged, purpose-built devices with necessary privacy and
security measures built in, and will be operated largely by healthcare providers
and payers. Informational wellness monitoring, on the other hand, will almost
certainly be dominated by the smartphone, especially for the curious consumer.
IoT in Next Five Years
Overview of a smart city using IoT is going to make a big impact in next 5 years
Offers development in
Save time and money
Billions of investment
Still a fairly new concept
Privacy of the user is a
matter of concern
maintenance of private
Opportunity in increased
efficiency in supply chain
Development of smart
buildings and smarter
Integration with artificial
intelligence and automation
Fear of technology
Robots communicating with
The reason to choose the topic is because of my interest in Smart City
development where I have worked earlier. Creating a sustainable city which is
digitally equipped is something I intend to work on. Smart City is a very new
concept where every Government in the world is working to improve the lives
of the people. IoT gives an unique opportunity for cities to have smart
transport system, smart roads, smart waste management, smart currency.
Smart city through IoT is the next big thing.
I would like to develop products that help people living in a city to easily
transact, mobilize and socialize.
If offered an internship I would like to work on predicting customer churn as it
helps improve product design and develop better product strategies