Internet of Things

00:07 One megatrend is the Internet of Things, and when you hear this word, you may wonder, "What exactly is the Internet of Things?" In simple language, ordinary objects are linked together through the Internet by chips, sensors, and software.

00:24 The Internet connects things, such as elements of ordinary goods.

00:29 The Internet connects entire houses, entire systems, or whatever term you choose to use.

00:37 Perhaps you have a chip somewhere that you hold to a sensor and then link it.

00:41 It is software that is automatically connected to and interacts with other software. As a result, the Internet of Things communicates with itself, and another simple example is wearables, which are portable computing systems, such as a smartwatch. Maybe you have a smartwatch or a regular wristwatch, and now imagine this smartwatch - it is always connected to the smartphone, and if you receive a call there, it will be displayed on your wrist.

01:09 You could believe Michael is phoning.

01:11 I'm not going to respond.

01:12 This is but one example.

01:14 You may, however, go running with the smartwatch, and the smartwatch along with the smartphone measures the distance in miles or kilometers, so maybe you ran 5 miles around town today, and then you know, alright, I ran 5 miles and I had an average speed of nearly 6 mph.

01:32 And then this is simply tracked, so everything is connected over the Internet, and if we now take wearable gadgets, and perhaps also medical technology, then you could say, okay, now we also track the heart rate.

01:46 And then we compare how quickly I'm jogging and my heart rate, and maybe some software says, "If you run at this speed and have this heart rate, your level of fitness is like this." And perhaps the program will someday recognize that I have a cardiac arrhythmia while jogging, an erratic heartbeat, and will notify the smartphone, which would then display it to me.

02:09 And perhaps it even shows this information to my doctor, who then exclaims, "Frank likes to go jogging a lot." He is also jogging quickly, but the problem with his heart rate and rhythm is that it is unhealthy.

02:22 Please contact him and ask him to come in for a consultation; he needs to be checked." So, as we can see, it's mostly medicine to go, and this isn't the future - it's reality.

02:35 This is already happening today.

02:38 Home automation, often known as a smart home or an intelligent home system, is another example of IoT, or the Internet of Things.

02:50 I could say to today's voice assistants, for example, Amazon Echo, "Alexa, please turn on the light," and the lights would be turned on.

03:00 "Google, turn on the coffee maker," I could tell Google Home, and the coffee maker would start heating up. "Hey Cortana, what is the temperature in my bathroom right now?" I could ask Microsoft Cortana.

03:14 "75°F," it responds, and I add, "Okay, then regulate it like it's a normal Monday evening." Then it will be regulated as usual.

03:23 So everything is linked - the Internet is the basis that allows it all to work, and sure, you don't even have to be at home.

03:32 For example, I may be at the train station and remember, whoa, I forgot something, and then I have this here, although I'm not at home.

03:40 It can assist me in turning off the lights in the bathroom just by stating, "OK, I'm traveling." Thanks.

03:46 Bye.” The Internet of Things is particularly intriguing in the context of Industry 4.0.

03:55 Let us consider the car industry.

03:57 We have a car, but before it can be finished, it must be manufactured, and we can see from the IoT example that the automotive supplier has already received parts, and we know where the parts are.

04:09 And now we know that the truck is on its way to our warehouse.

04:12 The components have now arrived.

04:14 They are supplied directly to the production line on time.

04:17 We also know everything here because the entire production is transparent.

04:22 We now have all of the information; we know when the car will be completed.

04:26 This quantity of cars is now complete, and the sales department can deal with it.

04:31 Everything is becoming clear.

04:33 Everything is opening up, and this is where the game begins.

04:37 We deliver the vehicles.

04:39 The car is on the lot; it has 30,000 miles on it, and something will break down after around 40,000 miles.

04:46 We know this because the cars speak with us and exchange data with us.

04:50 So we send an email to the owner, contact him, or the car drives itself to our workshop and say, "Hey, in 10,000 miles, this part will probably break down." No worries.

05:00 We will exchange it ahead of time.

05:02 That is the Internet of Things: everything is combined with everything else, everything is integrated, and everything interacts with everything else.

05:09 And now comes the big question: What impact will the Internet of Things have on your business, organization, and job? I believe it is a good idea to consider these issues and to be innovative.