Those who are in the process of meeting with various app builders will often hear about the Internet of Things and all of the advantages that it is going to bring. Now that IoT based apps are becoming increasingly common, it is time to take a closer look at the trends that businesses should be aware of. The Internet of Things is far from a passing trend, it is going to determine the long term outlook for a wide range of companies in various sectors.
In order for a business to get the most out of their partnership with app builders, awareness of trends that are related to the IoT must be heightened. Now that the Internet of Things has gone from being a trend to a part of daily existence, it is time to take a closer look at the trends that are going to determine its future.

Edge Computing

Devices will become more and more powerful enabling local data processing and AI capabilities. It will reduce data transfers volumes and cloud dependencies and will provide more flexibility and agility for the business. Edge computing will significantly affect those industries where immediate action is needed based on complex real-time data analysis (manufacturing, public security) and where cloud connectivity may be restricted (shipping and logistics).

City Planning Initiatives

Once the kinks started to get worked out, the Internet of Things became far more viable from a number of standpoints. One of the most crucial trends that are changing the world of IoT has to do with city planning initiatives. While smart cities are not common as of right now, they are definitely going to be a major part of the future.
Many cities have already been taking the initiative to start planning on their own. Once 5G networks become the norm, more and more cities will be making the move. Traffic lights and automatic street meters are expected to be connected to the IoT on a regular basis in due time.

Synthetic data

Synthetic data is information that’s artificially manufactured rather than generated by real-world events. Synthetic data is created algorithmically, and it is used as a stand-in for test datasets of production or operational data, to validate mathematical models and, increasingly, to train machine learning models.

The concept of the Internet of Things (IoT) is rapidly moving from a vision to being pervasive in our everyday lives. This can be observed in the integration of connected sensors from a multitude of devices such as mobile phones, healthcare equipment, and vehicles. There is a need for the development of infrastructure support and analytical tools to handle IoT data, which are naturally big and complex. But, research on IoT data can be constrained by concerns about the release of privately owned data. In this paper, we present the design and implementation results of a synthetic IoT data generation framework. The framework enables research on synthetic data that exhibit the complex characteristics of original data without compromising proprietary information and personal privacy.

Better Customer Service

The Internet of Things is going to become a key aspect of customer service going forward. Businesses need to develop apps that are designed to take advantage of this brave new world. Sales efforts are going to be increased and businesses will be able to use customer relationship management software in addition to their typical technology.
When customers are having an issue, the software alerts the company and they will have the chance to act on these problems more quickly than ever before. Service desk software is going to be alerted and this allows businesses to be more proactive when addressing concerns. Eventually, these types of services are expected to be the norm.

Smart Device Applications Will Continue To rising

Across industries, smart devices will become decisively more popular. There will be a sharp rise in smart devices in a wide range of areas including automotive, transportation, healthcare, hospitality, and manufacturing solutions.

Smart home devices are becoming intelligent. Gone are the days when home automation used to mean only controlling devices over the internet when you were away. Internet of Things, combined with the power of AI, is transforming the way our devices interact. The human intervention is diminishing and smart devices are taking autonomous decisions.