The Internet of Things (IoT), is a trend that involves the number of devices that are connected to the internet and can thus access information on the web. It can be defined as a cloud based file sharing system that will enhance the significance of cloud computing by making it a necessity in the business world. The scale of IoT is expected to grow significantly in the next five years to slightly over 31 billion gadgets including vending machines, ATMs, fitness equipment, security services, robots, cars, TV’s, vertical applications and smart phones among others. IoT is in this case, all about making interconnecting the databases used by all these devices to create a large pool of information on customer tastes and preferences that would be applicable across the globe.
Cloud computing’s main achievement at the moment is with respect to making most web based software applications affordable to even the small businesses that would otherwise be locked out based on the cost. This means that cloud computing opens up the small business to large opportunities. With IoT, this aspect of cloud computing will be even more beneficial to the businesses and customers alike. The small businesses will be able to access the vast internet informational pool without needing to invest in expensive infrastructure. Cloud computing has already removed these restrictions. This is such that any company in any part of the world can access all the necessary information with respect to the tastes and preferences of the targeted potential customers. The relationship between IoT and cloud computing is such that cloud computing will be an enabler of IoT’s domination in the near future.
IoT is mainly about sharing information that is gathered in real time over the internet. With an increase in IoT devices, the internet will have such vast pools of information ready to be shared across various businesses. This means that all data centers will experience a drastic increase in their workloads owing to the increased information that is being availed through the IoT. Generally, cloud computing will become very heavy and busy thus requiring a new capacity management system to avoid collapsing under the pressure.
The major components on cloud computing include security, server’s storage and networks. IoT will increase the amount of information being shared across the internet. This means there will be so much information that can be accessed over the internet thus requiring more stringent security measures to protect customers from unscrupulous users. Cloud computing will thus have to advance and have more serious security measures. The servers’ storage will also need to be increased if they are to remain relevant in an era where all the necessary information is on the internet. Companies will have a lot of informational needs and without ample storage they will be unable to access all of it. Servers will thus require more storage capacity if they are to be useful to the companies. With respect to networks, there will be so many sources of relevant information that maintaining a lot of networks will be the only way to keep up in the industry.
Real time data analytics imply having the collected information interpreted to provide clear materials that can be used by a given organization. IoT devices will be collecting a lot of information based on their usage and thus they will be only availing general content that companies have to sift through in order to find data that is relevant to their operations. With the need for real time analytics, clouds will have to be expanded into systems that have analytics components based on the organization’s specializations so that they can predict trends and avail real time information to the sales teams. This implies refined customization of clouds.
Today, the cloud computing concept is a necessity but not yet a full blown requirement in the business world. With the IoT, cloud computing will be a business requirement and possibly the only way to ensure fair competition. As other companies gain access to customer information and market trends in real time, it will be impossible to compete with them using market surveys and questionnaires. This means that cloud computing will become a backbone for every business in the world.