Tuesday, December 3, 2019

Internet of Things Definition

Detecting Wastewater Leakages With The Internet Of Things Definetion

Hundreds of billions of gallons of untreated sewage contaminates oceans, rivers, lakes and streams ... [+] every year in the U.S.

internet of things definition

Aleksandr Kurganov - stock.Adobe.Com
Every year, around 900 billion gallons of untreated sewage escapes aging wastewater systems in the U.S. Alone, contaminating oceans, rivers, lakes and streams. Eek factor aside, this appallingly common problem impacts fragile aquatic ecosystems, the environment and public health and has far-reaching economic repercussions.
Updating the infrastructure will take decades and cost hundreds of billions of dollars. Other solutions are urgently needed, such as modelling to predict leakage and green infrastructures, such as rain gardens, green rooftops, porous pavements and artificial wetlands, to prevent stormwater from infiltrating sewers and causing them to overflow.
Technological advances offer another way to tackle the problem, an opportunity that has been embraced by Kando, a company recently selected as one of Elemental Excelerator’s new startups.
Their wastewater management solution draws on IoT to decentralise the problem with a systems thinking approach. By placing sensors in areas most impacted by polluting industries they can help utilities detect major sources of pollution in real time – one of the main challenges in addressing the problem – so that immediate action can be taken.
Industrial IoT units are installed in underground sewers and send wastewater quality data to a central analytics engine, which then identifies abnormalities and uses an algorithm to track those events to their source, generating automatic predictions and alerts, explains CEO Ari Goldfarb.
In this way, the system can help utilities monitor the pollution status of a city and work with the largest polluters to reduce illegal discharges. When a serious leak occurs, they can immediately approach the discharger, divert the pollution and prepare the wastewater treatment plant to deal with the excessive load.
Lowering pollution levels also helps water reuse projects to operate safely and efficiently – another critical issue as freshwater sources become increasingly precious. “Cleaner wastewater can be easily recycled to industry, irrigation, return to the environment, and used to purify to potable water,” says Goldfarb.
Elemental was particularly interested in the potential benefits of Kando’s systems approach for communities who are disproportionately impacted by wastewater pollution, droughts, water scarcity and rising water costs.
“We love Kando’s technology because it goes beyond identifying the systems of a problem, in this case, water pollution, and identifies exactly where the source of the problem is,” says Elemental CEO Dawn Lippert. “Most importantly, Kando finds these problems in real-time, which allows communities impacted by industrial or agricultural pollution to take action.”
The technology has now been implemented in four states of the U.S., four European countries, Israel and Australia with success stories flowing in, according to Goldfarb. Internet Of Things Definetion
In their full-scale customers, he says they reduced the cost of treating pollution by 40% in the first year, while helping to stop environmental spillage. In Greece, they found $1.3 million worth of pollution sources within three months. A major Israelian utility that reuses its wastewater for agriculture was able to reduce damaging salinity that had previously driven lawsuits by farmers and bring it within safety standards.
Their current plan is to continue growing in the U.S. And E.U.

Internet Of Things Platform Market , Industry Growth Factors, Applications, Regional Analysis, Key Players And Forecasts By 2023

Nov 29, 2019 (AmericaNewsHour) -- IoT is a multi-layer technology that manages, processes, and transfers information through connected devices with the help of the Internet. It can provide connectivity to various IoT-compatible hardware devices such as mobiles, laptops, wearable fitness devices, industrial control systems, automotive telematics units, and drone units. The hardware components in the environment are connected to the cloud through flexible connectivity options, data processing components, and secure network.The global Internet of Things platform market is expected to reach approximately USD 74.74 billion by 2023, registering a CAGR of 28.5% during the forecast period.
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Internet Of Things Definetion

The market has been divided into various segments based on platform, deployment, application, and end-user. By platform, the market has been segmented into connectivity/ M2M platform, IaaS backend, hardware-specific software platforms, consumer/enterprise software extensions. Machine-to-machine (M2M) platforms are based on a technology that allows connectivity providers and their customers to monitor and control the connectivity of devices via telecommunication networks. It also provides control, security, and management for remote device connectivity. The connectivity/ M2M platform is a dominating segment and is anticipated to grow at a CAGR of 26.3% during the forecast period
The deployment segment of the IoT platform market has been segmented into on-cloud, on-premise, and hybrid. Many enterprises adopt on-premise-based IoT platforms to ensure privacy & security and meet the compliance requirements. The on-premise segments accounted for the largest market share in 2017 and it is expected to grow at a CAGR of 23.3% during the forecast period.
Based on application, the market has been segmented into device management, database management, analytics, and processing. The device management segment has the largest market share; it is expected to grow at a CAGR of 25.1% during the forecast period. The IoT device management segment covers device administration, monitoring, provisioning, and diagnostics vital for corrective measures and trouble replication. Significant IoT device management functions comprise configuration/association, enrollment/provisioning, software updates, and complete management and control of IoT devices
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By end-user, the market has been classified as healthcare, retail, smart cities and homes, manufacturing, and others. The manufacturing segment holds the largest market share and is expected to grow at a CAGR of 28.1% during the forecast period.
Key PlayersThe key players of the Internet of Things platform market include IBM Corporation (US), Amazon Web Services Inc. (US), Microsoft Corporation(US), Google LLC (US), Huawei Technologies Co. Ltd.(China), Cisco Systems, Inc.(US), AT&T, Inc. (US), Wipro Limited (India), General Electric Company (US), Intel Corporation (US) among others.
Global Internet of Things Platform Market Analysis & Forecast, from 2017 to 2023? To provide a detailed analysis of the market structure along with a forecast of the various segments and sub-segments of the global Internet of Things platform market? To provide insights into the factors affecting market growth? To analyze the Internet of Things Platform market based on value chain and Porter's five force analysis? To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries--North America, Europe, Asia-Pacific, and the rest of the world? To provide country-level analysis of the market with respect to the current market size and future perspective? To provide country-level analysis of the market for a segment on the basis of type, end-user, and region? To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market? To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Internet of Things platform market
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? Application developers and aggregators? Managed service providers and middleware companies? Wireless infrastructure providers and service providers? Data management and predictive analysis companies? Sensor, location, and detection solution providers? Internet identity management, privacy, and security companies? Machine-to-Machine (M2M), IoT, and telecommunications companies? Semiconductor companies? Embedded systems companies
Key Findings? The global Internet of Things platform market is expected to reach USD 74.74 billion by 2023? By platform, the connectivity/M2M platform segment dominated the market, generating the higher revenue of USD 6.85 billion in 2017 and is projected to be the leading segment in the future, registering a CAGR of 26.3% during the forecast period.? By deployment, the on-premise segment accounted for the largest market share with a market value of 6.69 billion in 2017 and is expected to grow at a CAGR of 23.3% during the forecast period.? By application, device management segment dominated the market with a market value of 5.1 billion in 2017 and is expected to grow at a CAGR of 25.1%. Whereas, the analytics segment is expected to be the fastest growing during the forecast period.? By end-user, the manufacturing segment was the dominating segment in 2017, with a market value of 4.88 billion and is expected to grow at a CAGR of 28.1% during the forecast period.? Geographically, North America has been projected to hold the largest market share in the global Internet of Things platform market, followed by Europe.Regional and Country Analysis of Internet of Things Platform Market
How does the report examine the growth drivers and restraints of the Internet of Things platform market ?

  • The factors resulting in the expansion of the Internet of Things platform market  are elaborated in the report after thorough primary and secondary research.
  • Analytical strategies focused on gain indicators affecting the growth of the Internet of Things platform market  are presented in graphical formats.
  • The business-related trends driving the product consumption are discussed in detail in the report along with industry expertise to minimize the barriers to Internet of Things platform market  growth.
  • What is the key information extracted from the report?
  • Extensive information on factors estimated to affect the Internet of Things platform market  growth and Internet of Things platform market  share during the forecast period is presented in the report.
  • The report offers the present scenario and future growth prospects of Internet of Things platform market  in various geographical regions.
  • The competitive landscape analysis on the Internet of Things platform market  as well as the qualitative and quantitative information is delivered.
  • The SWOT analysis is conducted along with Porter's Five Force analysis.
  • The in-depth analysis provides an insight into the Internet of Things platform market , underlining the growth rate and opportunities offered in the business.

Estimation and ForecastGeographically, North America is dominating the global Internet of Things platform market due to presence of various key players in the region, and demand for advanced technology by various industrial verticals and end-users. Additionally, the evolution of high-speed networking technologies is also a major factor for the growth of the market. However, Asia-Pacific is the fastest growing market due to the presence of various countries such a China, Japan, India, and South Korea which are investing in the development of IoT platforms.
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The report on the Internet of Things platform market also covers the following country-level analysis:? North Americao USo Canadao Mexico? Europeo Germanyo UKo Franceo Italyo Rest of Europe? Asia-Pacifico Chinao Japano South Koreao Indiao Rest of Asia-Pacific? Rest of the Worldo Middle East & Africao Latin America
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The Hartford Expands Internet Of Things Capabilities

tech-patidar.--(BUSINESS WIRE)--
Image result for internet of things
The Hartford is expanding its Internet of Things (IoT) Innovation Lab and capabilities, bringing together the latest network-connected technology with the company’s expertise, data and risk management to improve workplace safety and help prevent or reduce property damage for its customers.
“Connected devices represent an opportunity for insurers to help their customers proactively prevent claims and also develop unique, real-time insights into risk,” said John Wilcox, head of Strategy and Ventures at The Hartford. “The pace of change has never been faster and the need to innovate never more critical to sustained growth and profitability. Companies that harness the collective power of digital data, cloud computing, predictive analytics, and digital technology to transform the way they do business, and deliver value to customers, will have a competitive advantage. We are, and intend to continue to be, one of them.”
Businesses and homes are increasingly equipped with network-connected devices that provide real-time data, which The Hartford can analyze to reduce and mitigate hazards such as unsafe working conditions or water damage from a broken pipe. For example, the Internet of Things Innovation Lab works with businesses to monitor the pressure in water pipes using sensors, which can detect a leak before it causes extensive flooding. The lab also collaborates with a variety of vendors to equip workers with wearable technology that generates data about workers lifting, bending, getting fatigued and their proximity to hazards as well as other factors that can be analyzed to implement safer workplace practices and potentially improve operational efficiency. In the past three months, the lab has installed multiple different types of devices for customers, or more than 1,000 devices in total, and The Hartford plans to grow the program significantly.
“The Hartford sees significant opportunity to apply insights from IoT data to enhance our entire value chain from product and distribution, to underwriting, to risk management, to claims. These insights will change the way we think about mitigating and assessing risk, enabling new business models, products, and services,” said Dan Campany, head of The Hartford’s Internet of Things Innovation Lab.
The Hartford has been in the business of protecting and enabling human achievement for more than 200 years, adapting its products, services and capabilities to meet the changing needs and expectations of customers and the evolving nature of risk. In addition to the Internet of Things Innovation Lab, the company does this through its Insurtech Ventures team, Small Business Innovation Lab, an interdisciplinary team focused on Workforce Health and Productivity services, and Y-Risk, a managing general underwriter specializing in the sharing and on-demand economy.
About The Hartford
The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.tech-download.com. Follow us on Twitter at @techpatidar1_PR.
The Hartford Financial Services Group, Inc., (HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice.
Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2018 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.
From time to time, The Hartford may use its website and/or social media outlets, such as Twitter and Facebook, to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at www.tech-download.com

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