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| Date post: | 24-Jan-2018 |
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Technology |
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In ancient times everything from salt
grains to elephant teeth were
considered as a form of currency i.e
anything valuable. But the world has
adopted the slogan of “Go digital”.
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Digital currency is radically
redefining business and IT
and that currency is nothing
but DATA.
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Internet of Things is much talked about and in hype these days but the thing that makes Internet
of Things possible is data. Because data is the thing that we collect, process and analyse in order to
identify and influence users, their behaviour and the environments.
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MOTTO OF IoT
“Making sense of the data so collected from the
various device sensors is the core value of Internet of
Things”.
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According to the present day scenario,
it has been like that there is a sensor
attached to a device it collects data and
then necessary actions are triggered.
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Huge number of apps
become unmanageable,
so the focus should beon merging of the data.
Such services should be made
that create knowledge and drive
meaningful action by mashing up
multiple data sources.
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Area of concern again
should not be
restricted to merely
collecting the data and
mashing it but it should
be on collecting
Quality Data.
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Data in health and fitness sector
Internet of Things has also set its foot in
the health and fitness sector. So when
you are dealing with people and their
life then that data should needs to be
precise and accurate, meaning it should
be able to vouch for its quality.
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Importance of DataThe data has to be pulled from wearables, phones, apps
and needs to be analyzed properly so that proper medication or exercise can be prescribed depending on
it. Thus data can be life-saving as well!!
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If data is the currency and data is that important, then so is the security of it. When it comes to secure the Internet of Things then it is definitely seeking to secure the data that is associated with it not only to ensure privacy and
safety but also to enhance and upgrade user confidence.
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Types of Data
While securing data in IoT you
have to think in terms of three
context i.e data at rest, data in
motion and data that is in use.
Each category of data has
their own definite set of
security threats and there
are definite ways to combat
each of these challenges.
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All the big companies in the IoT league are buying and
selling data like the wampum beads. As the concept of Internet of Things and big data is
making their grip stronger in the market the value of
data is growing exponentially.
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IMPORTANT STATS90% of the world’s total data is believed to
be generated within the last two years!!
And the volume of data is expected to
bounce by a multiple of 40 by 2020!
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On a parting note:Thus we can conclude that Data is the skeleton of Internet of Things.
Internet of Things will cease to exist if data is not there. It is the seamless
flowing of data which is of utmost importance around which the entire
concept of IoT revolves.
It does feel like the world data is the currency as well as
the backbone of all the systems across the globe.
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Thank You
Mail us at: [email protected]
Contact us at: +1-877-284-1028
Official Blog Link:https://medium.com/all-technology-feeds/data-the-new-currency-for-iot-
6a7b3c5d0a4f
