.. IPv6 has too much overhead for the vast majority of IoT devices.
In general, each eel farm has twenty to sixty water tanks, each measuring 6m in diameter. Eel farming is a high value-added business, but the farming requires farmers to arrange human resources to manually observe several indicators of each tank all the time including water temperature, dissolved oxygen and pH (every two hours and six hours for the young fish and grown ones respectively) as even minor changes in the environment such as a sudden temperature change, oxygen deficiency or water pollution are fatal to eels.
Sensors aren’t new to silos and loading equipment, but TempuTech wanted a better way to connect all these sensors and help farmers and facility managers make sense of the data.
The company drew up plans for the kind of application it wanted to build, but it wasn’t until it stumbled upon GE’s Equipment Insight infrastructure-as-a-service offering that it found a practical way to build it.
GE estimating that the “Industrial Internet” has the potential to add $10 to $15 trillion (with a “T”) to global GDP over the next 20 years,
and Cisco increasing to $19 trillion its forecast for the economic value created by the “Internet of Everything” in the year 2020.
These mind-blowing estimates from companies developing and selling IoT-related products and services, no doubt have helped fuel the media frenzy.
But what do the professional prognosticators say?
.. most emerging technologies go through a natural process in which they are triggered by some innovation, then they rise to a peak of inflated expectations. As the technologies mature, markets generally become disillusioned by them ..
.. as we start connecting everything we touch to networks, the risks will rise by orders of magnitude – especially as criminals and governments infect and alter everyday devices.