While we may not be seeing a DeLorean turned time machine anytime soon, a vehicle with capabilities similar to those of KITT from Knight Rider isn’t so far fetched.
What are beacons?
a) A tiny piece of plastic.
b) A low energy bluetooth device.
c) An emerging technology with numerous applications.
d) All of the above.
If you guessed all of the above, you would be correct! Beacons are an IoT technology that is deceptively simple and small but packs a potentially large punch for app developers looking for new and interesting ways to engage their customers.
What does the IoT look like in 5, 10, or 25 years?
We’re living in a very exciting time for developments in technology, and there are always new stories of huge funding rounds going to companies bringing us closer to the future we’ve all imagined. Looking at the graphic below we can begin to make some sense of the different forces driving these technologies. Why do certain startups land billion dollar rounds while others slowly emerge out of academic labs? Why do some emerging technologies mature rapidly, while other languish? What differentiates a breakout crowdfunding campaign from a VC darling?
Thus far, IoT technology has had a minimal impact on the healthcare, consumer goods, and transportation sectors. Healthcare in particular is rife with opportunities to take advantage of IoT. Of the many classes of connected devices, beacons hold the most promise to have an immediate impact on hospitals and care centers in the coming years.
After January’s Consumer Electronics Show in Las Vegas there was a great deal of talk about the future of the Internet of Things (IoT). On the whole it was a far cry from the good-natured hype that had characterized previous years’ reporting. There was a new note of caution in the optimism.