The Digital Edge
|Back to Page One|
|Abigail Klein Leichman||April 8th 2015|
The Internet of Things, or IoT for short, describes a network of Internet-enabled objects (â€œthingsâ€) capable of transferring data to one another to perform tasks without human intervention. This machine-to-machine connectivity will completely transform our daily lives, according to presenters at Israelâ€™s first ISmart Conference. The February event in Jerusalem presented a window on the future of IoT and how Israeli entrepreneurs, investors, companies, designers and technologists will play a role in it.
â€œIoT is going to be the biggest wave of the Internet that weâ€™ve ever seen, more than mobile Internet and cloud computing,â€ declared Inbar Lasser-Raab, the Israel-based vice president of enterprise networks and IoT marketing for the multinational networking equipment maker Cisco.
By 2020, it is expected that 26 billion objects will be connected to the Internet, not including PCs, tablets and smartphones.
Weâ€™re talking about vehicles that communicate with each other on the road. Smart home systems that manage power consumption. Smart bracelets to help parents locate children. Wearables that let you and your doctor keep tabs on your health. Drones that can deliver a package for you and come back home automatically.
ISmart showcased Israeli IoT innovations such as the Neura platform that customizes apps based on lifestyle data gathered from the userâ€™s connected devices; OriginGPS , the worldâ€™s smallest GPS receiver; LeumiTech, fin-tech tools; Sensibo smart air-conditioning pod; Angel health and fitness sensors; Percepto computer vision and artificial intelligence for drones; smart-home controller SwitchBee; and RideOn augmented-reality ski goggles.
Sensors and software are the heart and soul of IoT, and Israeli companies are hard at work designing smaller, smarter sensors and smarter apps.
â€œWe need to lower the cost of sensors, make smaller sensors, lengthen battery life and develop â€˜killerâ€™ apps so that IoT can really take off,â€ said Lasser-Raab.
Connecting machines to machines is only the first step. â€œAfter we get the data from the sensors, we need to be able to analyze it and do something with it, so it is data analytics that is going to change this industry. Just as [ride-sharing app] Uber didnâ€™t invent taxi service but used analytics to provide a better service, thatâ€™s what IoT is all about.â€
Cisco, which is investing heavily in IoT, worked with the Australian government in 2010 to embed sensors in seven areas around the Great Barrier Reef. The sensors transmitted biological, chemical and physical data to a base station on shore via wireless technology.