Internet of ThingsIoT

Internet of things (IoT) has been always serving our lives in different aspects and it still has many promising potentials to be discovered. IoT is considered “future trends” of the world where all the devices and people are given an identifier code and are connected in the same network. In that network, these “identifiers” can automatically transmit and exchange the information/data without interactions among users or between users with computers.

The potential of IoT

At present, IoT is experiencing a rapid development, and this is due to a number of factors including IPv6, 4G, cost and the availability of this technology. According to Gartner, Inc., there will be nearly 24 billion internet-connected devices globally by 2020. ABI Research estimates that more than 30 billion devices will be connected wirelessly by Internet of Things by 2020.

Despite its rapid development, there are still many obstacles for the development of IoT. First, the divergence between “communication language” and “communication method” of identifiers in each separate system. This is probably the most difficult problem to handle, which blocks the progress of IoT and make “connected things” hard to communicate, understand and react to each other.

<p>At present, IoT is experiencing a rapid development, and this is due to a number of factors including IPv6, 4G, cost and the availability of this technology. According to Gartner, Inc., there will be nearly 24 billion internet-connected devices globally by 2020. ABI Research estimates that more than 30 billion devices will be connected wirelessly by Internet of Things by 2020.</p>
<p>Despite its rapid development, there are still many obstacles for the development of IoT. First, the divergence between “communication language” and “communication method” of identifiers in each separate system. This is probably the most difficult problem to handle, which blocks the progress of IoT and make “connected things” hard to communicate, understand and react to each other.</p>

In Vietnam, IoT has been developed both individually and in organizations with a wide variety of application products which have been launched in the market; such as smart home products, smart shopping products. however, the cost and financial barriers are the factors that prevent these applications from being accessed and widely used.

<p>In Vietnam, IoT has been developed both individually and in organizations with a wide variety of application products which have been launched in the market; such as smart home products, smart shopping products. however, the cost and financial barriers are the factors that prevent these applications from being accessed and widely used.</p>

Despite those barriers, recently, CO-WELL has also researched focusing on the development of IoT orientation. Da Nang Branch, with outstanding engineers and elite human resources, is expected to become CO-WELL’s IoT Center in the future. We CO-WELL are now working on applications serving Agricultural production, Business Services … and we have priority over market accessibility of the technology.

<p>Despite those barriers, recently, CO-WELL has also researched focusing on the development of IoT orientation. Da Nang Branch, with outstanding engineers and elite human resources, is expected to become CO-WELL’s IoT Center in the future. We CO-WELL are now working on applications serving Agricultural production, Business Services … and we have priority over market accessibility of the technology.</p>