INTERNET OF
THINGS
Presented by: EK-03, Group O: Jonixonova Rayxona, Abdusaidova
Zulfiya, Yoqubjonov Fayzullo, Rustamova Mohlaroyim, To'ychiboyev
Shohruxmirzo
What is IoT and its importance
The Internet of Things is the network of physical objects or
"things" embedded with electronics, software, sensors, and
network connectivity, which enables these objects to collect
and exchange data.
It allows objects to be sensed and controlled remotely across
existing network infrastructure, creating opportunities for
more direct integration between the physical world and
computer-based systems, and resulting in improved
efficiency, accuracy and economic benefit. [1]
IoT helps people live and work smarter. Consumers, for example, can use
IoT-embedded devices -- such as cars, smartwatches or thermostats -- to IoT enables machines to complete tedious tasks without human intervention.
improve their lives. For example, when a person arrives home, their car Companies can automate processes, reduce labor costs, cut down on waste and
could communicate with the garage to open the door; their thermostat could improve service delivery. IoT helps make it less expensive to manufacture and
adjust to a preset temperature; and their lighting could be set to a lower deliver goods, and offers transparency into customer transactions.
intensity and color. [2] IoT is one of the most important technologies and it continues to advance as
more businesses realize the potential of connected devices to keep them
competitive.[3]
DISADVANTAGES OF IOT
1. Security Concerns: The interconnected nature of IoT devices raises significant security challenges. Vulnerabilities in one device can compromise the
entire network, leading to data breaches, privacy issues, and unauthorized access.
2. Privacy Issues: The extensive data collection by IoT devices raises concerns about user privacy. Personal information, habits, and preferences are
often transmitted and stored, raising ethical questions about how this data is used and protected.
3. Complexity in Implementation: Implementing IoT solutions can be complex, requiring integration across diverse devices, platforms, and protocols.
This complexity can lead to interoperability challenges, making it difficult for devices from different manufacturers to work seamlessly together.
4. High Initial Costs: The deployment of IoT infrastructure often involves significant upfront costs. Businesses and individuals may face expenses
related to device acquisition, installation, and system integration, which can be a challenge for widespread adoption, especially for smaller entities.
5. Data Overload: While data collection is a key advantage, the volume of data created by IoT devices can be overwhelming. Processing and making
sense of this massive influx of information pose challenges regarding storage, bandwidth, and analytical capabilities.
6. Limited Standardization: The absence of standardized protocols and frameworks in the IoT landscape results in a fragmented ecosystem. Lack of
uniformity can hinder seamless communication between devices, leading to compatibility issues and limiting the scalability of IoT solutions.
7. Reliability and Downtime: IoT systems are susceptible to outages and disruptions, impacting the reliability of connected services. Downtime can
occur due to technical issues, connectivity failures, or cyber-attacks, affecting critical operations and services. [4]
BENEFITS OF IOT
Common benefits for businesses include the Generally, IoT is most abundant in manufacturing,
transportation and utility organizations that use
following:
sensors and other IoT devices; however, it also has
use cases for organizations within the agriculture,
Monitors overall business processes. infrastructure and home automation industries,
Improves the customer experience. leading some organizations toward digital
Saves time and money. transformation.
IoT can benefit farmers in agriculture by making
Enhances employee productivity. their job easier. Sensors can collect data on rainfall,
Provides integration and adaptable business humidity, temperature and soil content and IoT can
models. help automate farming techniques.
Enables better business decisions.
Generates more revenue
PRIVACY ISSUES
IoT security and privacy issues
IoT connects billions of devices to the internet and involves the use of billions of data points,
all of which must be secured. Due to its expanded attack surface, IoT security and IoT privacy
are cited as major concerns.
Because IoT devices are closely connected, a hacker can exploit one vulnerability to
manipulate all the data, rendering it unusable. Manufacturers that don't update their devices
regularly -- or at all -- leave them vulnerable to cybercriminals. Additionally, connected
devices often ask users to input their personal information, including names, ages, addresses,
phone numbers and even social media accounts -- information that's invaluable to hackers.
Hackers aren't the only threat to IoT; privacy is another major concern. For example,
companies that make and distribute consumer IoT devices could use those devices to obtain
and sell user personal data.
Government Initiatives and Policies Supporting IoT Adoption
In Uzbekistan, the government has taken significant steps to promote the adoption of Internet of Things (IoT) technology through
various initiatives and policies.
One of the key initiatives is the Digital Uzbekistan program, which aims to transform the country into a digital economy by
leveraging IoT and other advanced technologies. This program includes measures to support the development of IoT
infrastructure, such as expanding broadband access and promoting the deployment of smart devices in various sectors.
In terms of investment opportunities, the government offers incentives for companies looking to invest in IoT projects in
Uzbekistan. These incentives may include tax breaks, subsidies, and other financial support to encourage the development and
implementation of IoT solutions.
Furthermore, the government has been actively promoting collaboration between the public sector, private sector, and academia
to drive IoT development in the country. This collaboration helps to leverage the expertise and resources of different stakeholders
to accelerate the adoption of IoT technology and ensure its benefits are realized across various industries.
Overall, the government's initiatives and policies supporting IoT adoption in Uzbekistan provide a favorable environment for
companies looking to launch IoT projects in the country. With the right support and collaboration, Uzbekistan has the potential to
become a hub for IoT innovation and development in the region.
INDUSTRY PERSPECTIVE ON IOT
IMPLEMENTATION
Interviews and surveys with industry experts in Uzbekistan provide valuable insights into the challenges and opportunities of IoT
implementation in the country.
Industry experts in Uzbekistan have identified several key challenges faced by businesses in adopting IoT solutions. These
challenges include the lack of awareness and understanding of IoT technology, limited access to skilled professionals with
expertise in IoT, concerns about data security and privacy, and the high upfront costs of implementing IoT systems.
Despite these challenges, there are success stories and best practices from local businesses that have successfully implemented
IoT solutions in Uzbekistan. For example, companies in the agriculture sector have used IoT technology to improve crop
monitoring and irrigation systems, leading to increased efficiency and higher yields. In the transportation and logistics sector,
IoT solutions have been used to track and optimize the movement of goods, resulting in cost savings and improved customer
service.
Overall, industry experts in Uzbekistan recognize the potential of IoT technology to drive innovation and growth in various
industries. By overcoming challenges and leveraging best practices, businesses in the country can harness the benefits of IoT to
improve operations, increase productivity, and enhance their competitive position in the market.
8 Sectors That Can Benefit the Most from IoT Development in 2024
1. Agriculture. 5. Manufacturing.
Use cases: agricultural drones, greenhouse automation, monitoring climate conditions, The leading IoT applications in manufacturing include: monitoring of the Production flow
cattle monitoring, increased control over the internal processes and lower the production leads to flow optimization, waste reduction, and the minimization of unnecessary work in
risks. process inventory, remote equipment management, allowing for tracking and maintaining of
The growth of IoT use in Agriculture is seen from the report by Statista, which presents the equipment’s performance and cost reduction, condition-based maintenance notifications,
worldwide IoT market size of the Agriculture sector in 2018 – 14.79 billion USD. It is helping optimize machine availability, supply chains, where IoT solutions help track vehicles
projected to reach almost 30 billion USD by 2030. and assets, improve manufacturing and supply chain operations’ efficiency.
2. Energy.
6. Retail.
Some areas where IoT can be very impactful in transforming the Energy sector: remote assets
The Internet of Things technology helps retailers reduce operational costs and enhance customers’
monitoring and management, process optimization, grid balancing, load forecasting, smart decision
experiences through new and innovative use cases.
making.
Advantages: improved customer experience, better supply chain management, smart inventory
Statistically speaking, the report shows that the global value of IoT in the Energy market was 20.2
management, automated checkout, fully automated stores,
billion USD in 2020. It is expected to increase to 35.2 USD by 2025.
7. Hospitality.
3. Finance.
With the help of IoT applications, hotels can create super personalized rooms. The room’s
The IoT is becoming increasingly secure. Banks and customers have become accustomed to
features can be controlled through the guest’s mobile phone or the provided tablet. The IoT-
managing financial transactions through different connected devices. It is not uncommon to see
integrated rooms would: greet the guest by their name when they enter the room, send location
smart cash points with connected cash vending machines.
data to guests for a smoother arrival, allow guests to control room temperature and ventilation,
and save their preferences for future check-ins.
4. Healthcare.
Advantages: reduced cost for patients, remote monitoring of patient’s health, reduce the length of the
8. Transportation and Logistics.
patient’s stay at the hospital, asset managementIoT, devices with sensors are used to track real-time
The IoT transportation market was valued at $135 billion in 2016 and is expected to reach $328
locations of medical equipment, devices in wearable fitness bands, blood pressure, heart rate
monitoring cuffs, and glucometer give patients personalized attention. These devices can also remind of billion in 2025.
calorie count, physician appointments, and exercise checks. IoT provides actionable insights on the data collected and thus aids the industry in the following
aspects: cost-saving and increased profitability, making travel more efficient, improved operational
performance, reduced energy use and congestion, greater safety, ensures real-time visibility,
improves fleet management, supports in the maintenance of vehicle’s health, warehouse
management.
Market
Analysis
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HOW DOES IOT WORK?
In a few words, IoT works like this:
• Devices have hardware, like sensors, that collect data.
• The data collected by the sensors is then shared via the cloud and integrated with
software.
• The software then analyzes and transmits the data to users via an app or website.
Smart devices connect to an IoT platform, described by the experts at IoT For All as “the
support software that connects everything in an IoT system.” There are hundreds of IoT
platforms and some are made by industry giants like Oracle and IBM.
The Internet of Things is largely made possible by technologies that
connect devices and enable them to communicate with one another.
Connectivity options have a range of pros and cons, with some more
suitable for certain use cases like smart homes while others may be more
appropriate for IoT applications like industrial automation. These
technologies can be divided into two categories: IoT data protocols that
allow information to be exchanged between devices even without an
internet connection, and IoT network protocols that link devices to one
another and to the internet.
References:
• https://drait.edu.in/assets/departments/ECE/materials/Interne_of_things.pdf
• https://www.techtarget.com/iotagenda/definition/Internet-of-Things-IoT
• https://drait.edu.in/assets/departments/ECE/materials/Internet_of_things.pdf
• https://www.almabetter.com/bytes/articles/advantages-and-disadvantages-of-iot
• https://www.techtarget.com/iotagenda/definition/Internet-of-Things-IoT
• https://imaginovation.net/blog/sectors-benefit-from-iot-development/
• https://builtin.com/internet-things
