Unit No 3 IOT & Its Application.pptx
- 1. Dept. of MBA, Sanjivani COE, Kopargaon 402 :Current Trends in Management Unit No 3 IOT AND ITS APPLICATION Presented By: Dr. S.P. Ghodake (Asst. Prof. Department of MBA) 1 Sanjivani College of Engineering, Kopargaon www.sanjivanimba.org.in
- 2. Dept. of MBA, Sanjivani COE, Kopargaon Content • Introduction, Relevance of IOT for the future, • IOT in Indian Scenario – • IOT and Aadhaar, • IOT for health services, • IOT for financial inclusion, • IOT for rural empowerment. • IOT Applications: • Lighting as a service (case study) • Intelligent Traffic systems (case study) • Smart Parking (case study) • Smart water management (case study report)
- 3. Dept. of MBA, Sanjivani COE, Kopargaon IOT- Introduction • Introduction : • IoT, or the Internet of Things, refers to the network of physical objects or "things" that are embedded with sensors, software, and other technologies that enable them to connect and exchange data with other devices and systems over the internet.
- 4. Dept. of MBA, Sanjivani COE, Kopargaon Smart Home: A smart home is a common example of IoT technology. Devices like smart thermostats, smart locks, and smart lights are connected to the internet and can be controlled remotely using a smartphone app or voice commands. They can also be programmed to respond to certain conditions, such as automatically turning on the lights when someone enters a room.
- 5. Dept. of MBA, Sanjivani COE, Kopargaon Smart Health: Wearable fitness trackers, smart scales, and medical devices are also examples of IoT technology. These devices can collect data on a person's health, such as their heart rate, sleep patterns, and activity levels. This data can then be analyzed to provide insights into a person's overall health and wellness.
- 6. Dept. of MBA, Sanjivani COE, Kopargaon Smart Transportation: Connected cars, buses, and trains are another example of IoT technology. These vehicles can collect and transmit data on their location, speed, and performance, which can be used to optimize traffic flow and improve safety.
- 7. Dept. of MBA, Sanjivani COE, Kopargaon Smart Agriculture: IoT technology can also be used in agriculture to optimize crop yields and reduce waste. For example, sensors can be used to monitor soil moisture levels and weather conditions, which can help farmers make more informed decisions about when to water their crops.
- 8. Dept. of MBA, Sanjivani COE, Kopargaon Components of IOT. Hardware and Sensors Connectivity Cloud Computing Data analytics Security Components of IOT.
- 9. Dept. of MBA, Sanjivani COE, Kopargaon Components of IOT. 1. Hardware and Sensors: IoT hardware includes sensors that may gather a variety of data, including motion, location, temperature, and humidity. These sensors can be incorporated into wearables or real-world objects. 2. Connectivity: Wi-Fi, Bluetooth, and cellular networks are just a few of the protocols that IoT devices use to connect to the internet and to one another. 3. Cloud Computing: To store and process data, IoT devices frequently use cloud computing services. As a result, decisions can be made based on real-time analysis of data gathered by IoT devices. 4. Data analytics: By analysing the data gathered by IoT devices, insights into patterns and trends may be gained. These insights can be utilised to enhance procedures and guide decision- making. 5. Security: To secure data and guarantee user privacy, security measures must be put in place because IoT devices and networks may be susceptible to security lapses and cyberattacks.
- 10. Dept. of MBA, Sanjivani COE, Kopargaon Relevance of IOT for the future 1. Increased Efficiency: IoT technology may be utilised to streamline and automate a variety of systems and procedures, from energy management to healthcare to manufacturing and logistics. This may result in improved productivity, less waste, and cheaper expenses. 2. Increased Safety: Using IoT technology, possible safety issues may be monitored and addressed immediately, such as spotting fires, gas leaks, or equipment problems. By doing so, accidents can be avoided and the possibility of harm or damage is decreased. 3. Enhanced Convenience: By automating repetitive chores and enabling remote device control and monitoring, IoT technology may make daily tasks more simple and seamless. 4. Security and Privacy: Discuss the crucial IoT security and privacy issue, including any potential flaws and the best practices for securing networks and data. 5. Emerging Trends and Future Directions: Talk about the newest IoT trends and developments, such as new technology and emerging applications, and think about how IoT will affect various industries and society as a whole in the future.
- 11. Dept. of MBA, Sanjivani COE, Kopargaon 1. Government activities: The National IoT Policy, Digital India, and Smart Cities Mission are just a few of the activities and programmes the Indian government has developed to encourage the adoption of IoT technology in the nation. 2. Expanding Start-up Ecosystem: India has a strong start-up community, with numerous businesses specializing in creating IoT solutions for various sectors and uses. To promote the expansion of the start- up ecosystem, the government has also developed programmes like the Start-up India programme. 3. Increasing Connectivity: India has had a significant increase in internet connectivity, and by 2025, it is anticipated that there will be 900 million internet users there. The adoption of IoT technology is greatly facilitated by this increase in connection. 4. Emerging Use Cases: India is home to a number of IoT-related emerging use cases, including smart cities, smart agriculture, and smart healthcare. These programmes could boost productivity, cut expenses, and raise Indian citizens' standards of living. 5. Investment in Research and Development: The IoT is driving innovation and the creation of new technologies and applications, and many Indian businesses and universities are making research and development investments in this area.
- 12. Dept. of MBA, Sanjivani COE, Kopargaon There are several potential applications of IoT (Internet of Things) technology for Aadhaar, which is the 12-digit unique identification number issued to Indian citizens by the Unique Identification Authority of India (UIDAI). Here are some examples: 1.Location-based authentication: IoT sensors could be used to verify the location of a person accessing a particular service or facility. For example, if someone is trying to access a government service from a location that is different from their registered address, this could raise a red flag and trigger additional authentication measures. 2.Delivery tracking: IoT sensors could be used to track the delivery of government services such as subsidies and welfare payments to ensure that they reach the intended beneficiaries. This could help reduce fraud and corruption in the delivery of government services. 3.Smart cards: IoT technology could be used to create Aadhaar-enabled smart cards that could be used for a variety of purposes such as making payments, accessing government services, and more. These smart cards could be equipped with IoT sensors that could track their usage and help prevent fraud. 4.Biometric authentication: IoT sensors could be used to capture biometric data such as fingerprints, iris scans, and facial recognition, which could be used to authenticate the identity of a person. This could help prevent identity theft and improve the security of Aadhaar. 5. Mobile applications: IoT technology could be used to create mobile applications that could be used for Aadhaar authentication and other services. For example, a mobile app could use IoT sensors to capture biometric data and verify the location of a person accessing a service. IOT & Aadhaar
- 13. Dept. of MBA, Sanjivani COE, Kopargaon IOT for health service • By facilitating remote patient monitoring, real-time data analysis, and individualised patient care, the Internet of Things (IoT) has the potential to completely transform the healthcare sector. • IoT can be applied in health services in the following ways: • Remote patient monitoring: Wearables, biosensors, and medical gadgets that are part of the Internet of Things (IoT) can track patients' vital signs and transmit real- time data to healthcare professionals. Improved patient outcomes, proactive intervention, and early diagnosis of health issues are all benefits of this. • Personalized medicine: IoT devices have the ability to collect a lot of information about individuals, including information about their lifestyle, medical history, and genetic make-up. This information can be utilised to develop individualised treatment strategies, enhance medication adherence, and stop the course of disease.
- 14. Dept. of MBA, Sanjivani COE, Kopargaon • Smart Hospitals: By automating processes like patient monitoring, medicine administration, and equipment maintenance, IoT-enabled hospital systems can increase productivity and decrease errors. • Predictive Analytics: IoT data can be utilised to create models for predictive analytics that can find possible health issues before they get serious. Better patient outcomes, lower healthcare expenses, and more timely and efficient interventions may result from this. • Telemedicine: With the help of IoT devices, patients can obtain medical care without ever leaving their homes. Patients who need ongoing monitoring due to chronic diseases will find this especially helpful.
- 15. Dept. of MBA, Sanjivani COE, Kopargaon Financial inclusion • Financial inclusion refers to the process of ensuring that all individuals and businesses, regardless of their income level or geographical location, have access to affordable and appropriate financial services and products. This includes access to a range of financial services such as savings accounts, loans, insurance, and payment services. • Financial inclusion is important because it can help to reduce poverty, promote economic growth, and improve overall well-being. People who are financially excluded often lack access to basic financial services, which can limit their ability to save, invest, and manage their finances effectively. • This can also make it difficult for them to start and grow businesses, access credit, and participate in the formal economy.
- 16. Dept. of MBA, Sanjivani COE, Kopargaon IOT for Financial inclusion • By facilitating access to financial services and goods for those living in underprivileged communities, the Internet of Things (IoT) has the potential to increase financial inclusion. • IoT can be utilised in financial inclusion in the following ways: • Digital Payments: People in disadvantaged communities can now access financial services and goods without a bank account or a physical branch thanks to IoT devices like smartwatches and mobile phones that can be used to make digital payments. • Microfinance: IoT devices can be used to track repayments for microloans and allow microfinance organisations to monitor small loans, lowering the chance of default and enhancing credit availability for persons in underprivileged communities.
- 17. Dept. of MBA, Sanjivani COE, Kopargaon • Financial Literacy: IoT devices can be used to teach financial literacy to people in underprivileged communities, empowering them to access financial services and products and make smarter financial decisions. • Agriculture Finance: Farmers may now get loans and insurance based on their real crop yields rather than forecasts by using IoT devices like sensors and drones to monitor their crops. • Digital Identity: IoT devices can be utilised to offer digital identification solutions, giving people in underserved communities the ability to authenticate their identity and access financial services and products.
- 18. Dept. of MBA, Sanjivani COE, Kopargaon Indian companies benefited by IOT in Financial Inclusion • Paytm: Paytm is a digital payments company that has leveraged IoT devices such as smart point-of-sale (POS) terminals to expand access to digital payments in India. These smart POS terminals can be used in areas with limited internet connectivity, enabling merchants to accept digital payments even in remote locations. • Oxigen Services: Oxigen Services is a mobile wallet and payments platform that has used IoT-based solutions such as biometric scanners to expand access to financial services in India. These biometric scanners can be used to verify the identity of customers who do not have formal identification documents. • M-KOPA: M-KOPA is a solar power company that has used IoT-enabled devices such as smart meters to provide affordable solar power to households in rural India. The company's pay-as-you-go model enables customers to pay for solar power in installments using mobile money, expanding access to electricity in areas with limited grid connectivity. • Mahindra & Mahindra Financial Services: Mahindra & Mahindra Financial Services is a non-banking finance company that has used IoT-based solutions such as telematics to improve the accuracy of credit assessments for customers in rural India. Telematics devices can be used to track the usage and performance of vehicles, enabling the company to assess creditworthiness based on actual usage data. • Jio Payments Bank: Jio Payments Bank is a digital bank that has leveraged IoT-based solutions such as mobile phones to expand access to banking services in India. The bank's mobile app enables customers to open accounts, make payments, and access a range of financial services using their mobile phones.
- 19. Dept. of MBA, Sanjivani COE, Kopargaon IOT for rural empowerment • Precision Agriculture: IoT sensors can be used to collect data on soil moisture, temperature, and other environmental factors that can help farmers make informed decisions about crop management. This can improve crop yields and reduce waste, leading to increased income for farmers. • Smart Water Management: IoT sensors can be used to monitor water levels in rural areas and manage water resources more efficiently. This can lead to improved access to clean water for rural communities and reduce the risk of water scarcity. • Rural Healthcare: IoT can be used to provide remote healthcare services to rural communities, allowing them to access medical expertise that would otherwise be unavailable. This can improve health outcomes for rural residents and reduce the burden on local healthcare providers.
- 20. Dept. of MBA, Sanjivani COE, Kopargaon • Smart Grids: IoT sensors can be used to monitor energy usage in rural areas and manage energy resources more efficiently. This can lead to reduced energy costs for rural residents and businesses. • Disaster Management: IoT can be used to provide real-time information about natural disasters, such as floods and earthquakes, to rural communities. This can help residents take timely action to protect themselves and their property.
- 21. Dept. of MBA, Sanjivani COE, Kopargaon Government of India Initiatives for IOT for rural empowerment • Smart Agriculture: The government has launched the "Smart Agriculture" initiative, which aims to promote the use of IoT technology in agriculture to improve crop productivity, reduce wastage, and increase income for farmers. The initiative includes the deployment of IoT sensors in rural areas to monitor soil moisture, temperature, and other environmental factors that affect crop growth. • Digital India: The government's "Digital India" program aims to transform India into a digitally empowered society and knowledge economy. The program includes several initiatives to improve internet connectivity in rural areas and promote the use of digital technologies such as IoT to improve access to services and resources. • BharatNet: The government's "BharatNet" initiative aims to provide high-speed broadband connectivity to all villages in India. The initiative includes the deployment of fiber optic cables to rural areas and the use of wireless technologies such as Wi-Fi and IoT to provide internet access to rural residents. • National Smart Grid Mission: The government's "National Smart Grid Mission" aims to modernize India's power grid using advanced technologies such as IoT, artificial intelligence, and blockchain. The mission includes the deployment of smart meters and sensors in rural areas to monitor energy usage and manage energy resources more efficiently. • Pradhan Mantri Gramin Digital Saksharta Abhiyan (PMGDISHA): This is a digital literacy program that aims to provide digital education to rural citizens across India. The program includes training in basic computer skills, internet usage, and digital technologies such as IoT.
- 22. Dept. of MBA, Sanjivani COE, Kopargaon Lighting As A Service • Client: A manufacturing plant • Challenge: The manufacturing plant had outdated lighting fixtures that were consuming a lot of energy and resulting in high maintenance costs. The lighting was also not meeting the plant's lighting requirements for productivity and safety. • Solution: The plant decided to partner with a lighting-as-a-service provider to upgrade their lighting system. The provider conducted an audit of the plant's lighting needs and proposed a solution that included the installation of energy-efficient LED lighting fixtures, sensors, and controls. The lighting-as-a-service provider also took care of the design, installation, and maintenance of the new lighting system. • Outcome: After the new lighting system was installed, the manufacturing plant saw a 60% reduction in energy consumption and a 50% reduction in maintenance costs. The improved lighting also resulted in increased productivity, better working conditions, and enhanced safety for the plant's employees. • This is just one example of a lighting-as-a-service case study. • Each case study will have its unique set of challenges, solutions, and outcomes, depending on the client's needs and the lighting-as-a-service provider's capabilities.
- 23. Dept. of MBA, Sanjivani COE, Kopargaon Thank You….