Internet of Things Workshop
A report from the McKinsey Global Institute estimates that the Internet of Things (IoT) could have an annual economic impact of $3.9 trillion to $11.1 trillion by 2025 across many different settings, including factories, cities, retail environments and the human body.
One reason for the anticipated Internet of Things explosion is the ongoing infrastructure improvements that enhance connectivity. Currently, only 20 percent of the global population is now covered by low-power, wide-area networks (LPWANs) that allow long-range communications among connected devices while optimizing both costs and power-consumption requirements. By 2022, however, 100 percent of the population is expected to have LPWAN coverage.
Additionally, technological advances are reducing power requirements, decreasing costs, and promoting the development of more integrated IoT solutions. An example of this is the decline in price of the LIDAR sensor, which is 10 times cheaper today than eight years ago with an even steeper drop expected over the next 24 months. The LIDAR sensor is the laser-based sensor package that scans and detects its surroundings in self-driving cars.
This substantial decline in price of the LIDAR sensor and other crucial Internet of Things parts is helping to push ahead IoT devices like the fully autonomous car, which could make up one-quarter of all vehicle purchases by as early as 2035.
The IoT is also expected to surge forward because both developers and business leaders are focusing on how IoT applications can improve safety, convenience or financial returns – not just the technological advances.
This can be illustrated by one airplane manufacturer that installed IoT sensors to monitor jet-engine performance. Other sensors were implemented to help with parts-inventory management. Together these IoT enhancements have contributed to a 9 percent revenue growth and an 30 percent increase in engine availability.
For an airplane manufacturer, these are big numbers. It translates into airplanes spending more miles in the air and less time on the ground, which reduces overall operating costs.
Internet of Things (IoT) Seminar
Tonex offers a 3-day Internet of Things Training course that covers what the IoT is about, technology trends, deployments and convergence. Learn how to work with Building Connected Devices.
Why Choose Tonex?
–Presenting highly customized learning solutions is what we do. For over 30 years Tonex has worked with organizations in improving their understanding and capabilities in topics often with new development, design, optimization, regulations and compliances that, frankly, can be difficult to comprehend.
–Reasonably priced classes taught by the best trainers is the reason all kinds of organizations from Fortune 500 companies to government’s most important agencies return for updates in courses and hands-on workshops
–Ratings tabulated from student feedback post-course evaluations show an amazing 98 percent satisfaction score.
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