The 2017 Consumer Electronics Show held in Las Vegas, Nevada introduced a host of new technology that can soon revolutionize our future. One of the trends of the event was IoT, or the internet of things which seems to be gaining a lot of traction in recent time due to cutting edge innovations, sleek designs, and more.
Trends at the Consumer Electronics Show
According to Forbes, one of the trends seen at the Consumer Electronics Show had been voice recognition, artificial intelligence, virtual reality, and of course, the internet of things. The article stated that 71 percent of parents bought at least one IoT device and 37 percent plan to add a similar device in the near future. Gadgets that cover IoT include smart TVs, TV devices, health and fitness trackers, smart children’s toys, and smart home devices.
In addition, one of the smart devices that have made big news during the CES is Alexa, an AI voice assistant developed by Amazon. An article that appeared on Curbed also made note that smart homes were a common theme presented by various manufacturers such as Samsung and LG.
How will the internet of things revolutionize the future?
The internet of things was a dominant theme during the CES and the technology showcased has been covered and discussed by various media outlets. But just how popular is the internet of things?
In a report published by Business Insider, it is forecasted that the IoT will explode by 2020. By that year, about 24 billion IoT devices will be installed and over the next five years, there will be $6 trillion will be invested in IoT solutions. Moreover, the three largest ecosystems where IoT will be used include consumers, governments, and businesses.
At present, IoT adoption levels are at 60 percent for organizations who have already jumped on the IoT bandwagon while 45 percent “were funded by a new budget allocation,” according to the source. Within one year, there are 23% of companies who are planning to start their IoT initiatives. However, most executives said they are still in the planning and proof-of-concept stage with only 20 percent expecting to implement IoT solutions by 2020.
Seeing the smart difference in your home
Employing the use of IoT at home can have a number of benefits and one of these is ensuring that the home is safe and secure. One of the fastest rising IoT devices is the ROVR from 5BARz International (OTCQB: BARZ).
A state-of-the-art IoT hub and router, the design of the ROVR is founded on simplistic minimalism which is the design for a lot of today’s consumer electronics. It seamlessly blends in with the home while being a useful addition to the household for its cutting-edge technology and high-tech features.
The IoT is founded on providing added safety and comfort for the home and the ROVR delivers that with its Smart Home functionalities. These include providing alerts with a call or SMS for functionalities such as temperature, humidity, gas detection, motion sensors, and cameras. In addition, the ROVR can be used by everyone at home as these features can be accessed with additional accessories in the future as 5BARz adds more integrations into its connectivity suite.
Samartha Raghava Nagabhushanam, CEO of 5BARz India Private Limited said, “The product combines cutting-edge technology and world-class design with exquisite attention to detail. It’s a high-quality design envelope for a set of some disruptive features in the wifi domain. ROVR has functionalities that enable wifi users to smartly monitor, manage, and control their home networks while at home or away using intuitive features that we are making available through the Connectivity Suite. You will basically be able to talk to your devices without knowing code.”
The landscape for rental cars is changing — here’s why
Is the recession upon us? Think global synchronized bond collapse
What is hardware inventory software?
Stock market crash advice for robo-advisor investors
Why being a silver entrepreneur makes a good decision post-retirement
Cannabis acceptance grows as hemp industry leader PotNetwork Holding breaks CBD sales records
This fast-growing organic products stock already has space on Whole Foods’ shelves
Why Vapor Group Inc. might be the breakout penny stock you’ve been looking for in 2018
The CBD industry is enjoying a boost from the lifestyle sector
When you should consult your financial advisor
Promoting women’s football in Malta by UEFA projects
Euro NCAP marks its 20th anniversary with two crash tests
European Parliament’s International Trade Committee backs CETA
The American Heart Association has released four new PSAs
PwC presents 20th global CEO survey results in Switzerland
Crypto3 days ago
Could Global Blockchain Technologies change the way we invest in cryptocurrency?
Featured3 days ago
This hemp market player’s growth is about to go into overdrive
Crypto3 days ago
One of America’s oldest gold mines enters the crypto-century
Featured4 days ago
CBD stocks emerge strong in the growing cannabis industry, marijuana legalization
Featured4 days ago
The gig economy has matured — when will the business world catch up?
Business5 days ago
Delving deeper into the Internet of Things
Business3 days ago
Why is it becoming harder for millennials to be homeowners?
Business5 days ago
Google tests new Reply app