Top IoT Trends to Look For in 2020

March 23, 2020

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Scott Amyx quoted in Analytics Insight.

From mobile communications to health care centers, IoT is seamlessly drafting each industry. The 2020s is the age for this application and currently, it is on a hot streak. Here is a look at how this industry continues to transform our present lifestyle and impact its future.

Smart-Cities: From ancient civilization to modern metropolitan, technological advancement has generally converged in cities. IoT provides scope for better cities which entails smart lighting, smart irrigation, automated valet parking, environment sensible to check pollution levels and waste generation. Mixed usage of the land, to promote area wise development, walkable localities, Transit-Oriented development, application of smart solutions to infrastructure and housing and sustainable use of resources will landscape the urban matrix. In addition, it will make better use of infrastructure and ensure the safety of residents.

Blockchain: Scott Amyx, global thought leader and venture capitalist, author of Strive: How Doing the Things Most Uncomfortable Leads to Success argue that in case of monolithic and centralized network, acting as a backend, the major issue is not only creation of a huge attack vector for cybercriminals, limit scalability and drive up costs, but customers lose ownership of their data and fail to protect it against theft. Because of decentralized architecture, Blockchain can secure user data and prevent large scale information leakage and incidents of Internet Fraud.

Read the full article: https://www.analyticsinsight.net/top-13-iot-trends-to-look-for-ways-iot-is-shaping-the-world-we-see/

About Scott Amyx

Managing Partner at Amyx Ventures, Top Global Innovation Keynote Speaker, TEDxWallStreet, Forbes, Singularity U., SXSW, IBM Futurist, Tribeca Fellow