The IoT has enabled remarkable and important innovative business models for the B2B market. The sectors are heterogeneous and multiple, they would be transformed by new technologies belonging to the Internet of Things.
This article covers a dynamic classification of sectors and sub-sectors that will be optimized by integrating the IoT-enabling technologies: next-generation networks, artificial intelligence, big data, cloud, etc.
SMART VEHICLES
This comprises vehicles whose functionality can be extended and enhanced to make the user experience safer, more useful, and efficient.
The front line is taken over by the smart cars, followed by the self-driving cars, connected to the 5G network, with advanced passenger assistance systems. The highlights are the hybrid and electric cars that cover the largest market soon and hence would be the most technological in the perspective of IoT.
Commercial, agricultural, and construction vehicles such as trucks and buses would also be self-driven and connected to the 5G network. The movement and control could be managed remotely by ad hoc personnel in virtual reality or by advanced Artificial Intelligence.
Commercial and non-commercial aircraft, trains, ships, and light electric vehicles (drones) would be affected by the evolutionary effect of IoT. The evolution is in ensuring more efficient transport, also from the perspective of consumption and hence the costs, safer and faster.
The IoT also ensures the possibility of implementing predictive maintenance, which is significant, as it allows to determine the condition of each item when the vehicle is running, and hence reduce maintenance costs, increase the availability of spare parts, improve user satisfaction and generate new earnings.
ENERGY AND INFRASTRUCTURE
We live in the era of energy transformations, low oil prices, low investments in the traditional energy industry, green policies, optimization and reduction of production, distribution, and maintenance costs, but with a great and growing demand for energy. The IoT plays a key role in national and international energy competitiveness.
Renewable energy generation is made increasingly competitive by using secure and fast (5G) sensor networks and connections for remote monitoring and control of parameters that can be analyzed through cloud-based algorithms. Power transmission, distribution, and storage can be further optimized, each element and sub-element will be connected to the Internet to exploit the enormous potential that the network offers.
Traditional energy industries, such as refineries, need renovation to increase efficiency and contain costs that are now unsustainable for the global market. This renovation can be carried out using wireless sensors for process monitoring and control. In a 5G view, the wireless infrastructure provides very low latency (1 ms), high coverage and speed, low power consumption, low installation, and maintenance costs compared to wired networks. Monitoring and control and the remote operation aid systems (virtual reality) of the plant guarantee better results because of controlled and long-term investments.
These are feasible and necessary to be competitive in an increasingly challenging and heterogeneous economic environment.
Infrastructures for the transport and storage of water or gas cannot be monitored and controlled by obsolete systems and are out of date and out of line with all modern and innovative standards. We cannot afford to disperse a precious commodity like water or have contamination that is not properly controlled. To overcome these limitations, there are considerable solutions that the IoT can offer. Just think that in many places you have to travel several kilometers to check for a leak in a pipeline or aqueduct.
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SMART CITY
Our cities are characterized by a thousand-year-old history, they have considerable charm recognized throughout the world. If our cities were also more modern, efficient, and livable, the entire country could enjoy these additional awards. In many countries around the world, many cities are turning IoT paradigms into smart cities.
TOURISM
Tourism is the spearhead of business made in Italy. People worldwide visit our country every year and are fascinated by the beauty that surrounds us. This fascination can be further enhanced by designing virtual realities (VR) that allow tourists on-site or remotely to appreciate the Italian experience even more.
5G networks, mobile wireless infrastructure for IoT, will enable the provision of many innovative services. In this way our historical buildings can be visited internally even if it is not possible to physically access them, interactive maps will guide tourists for advanced and captivating experiences, people with motor disabilities can access non-accessible areas, advertising messages can be sent in a plagiarized way and in real-time, virtual groups of people can travel together.
AUTOMATED BUILDINGS
The value of a building can be increased by installing IoT devices. It is also well known that new generations need advanced technologies. They introduce added value to the actual value of the property. With offices or co-working spaces, they attract the best talent. Essential accessories that improve the quality of life, improve performance, optimize time and reduce running costs. In addition, multiple buildings can be connected and managed through a single cloud platform.
The IoT investment is also highly sustainable and subject to tax deductions. A classic example is the management of indoor and outdoor lighting from remote automatically. There will be no more illuminated rooms, but no people. Access control can be done intelligently, such as assigning a task in Slack to enable access to a specific area.
The rental mode will also change, the interior of a building can be remotely controlled, and it will be the IoT building itself that will contact the person in charge to solve a problem. There will be no more waste of energy, gas leaks or flooding will be eliminated. Timely information received, automatic actions dictated by cloud platforms, but also predictive elevator maintenance, are just some solutions for sometimes complex building management.
HEALTH
The human body is a complex system, sometimes fragile and non-linear. New scientific discoveries and cures for many diseases have made it over time to improve and extend human life.
You can immediately predict a heart attack, high blood glucose, genetic mutations, strokes, or symptoms of rare diseases. In this way, the intervention can be timely to contain potential permanent damage. Doctors and nurses equipped with virtual or augmented reality systems can thus act remotely by interfacing with people on site.
Hospital environments can also be optimized, allowing direct patient management and the administration of medicines, beds, virtual and robotic operating theatres, connected ambulances, and the follow-up of patients returning home after hospitalization.
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Conclusion
The IoT and similar technologies have influenced the lives of every individual and made everything accessible from anywhere across the world. Automation is implemented everywhere- home appliances, industries, automobiles, healthcare, and other prominent areas.
IoT will have a great impact on revenue in all domains or industries. It will bring a dynamic transformation in the B2C market soon.
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