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Internet of Things world via ubiquitous sensors.

He is a serial entrepreneur
The New Era and co-founded the Auto-ID Center at MIT.

 Cost
 Abstract
An approximate cost of IoT app development is
as follows:
We’re entering a new era of computing technology that
many are calling the Internet of Things (IoT). Machine to  Media: from $10,000 - 506,198.00 PHP
machine, machine to infrastructure, machine to  Environmental monitoring: from $10,000 -
environment, the Internet of Everything, the Internet of 506,198.00 PHP
Intelligent Things, intelligent systems—call it what you  Infrastructure management: from $25,000 -
want, but it’s happening, and its potential is huge. We 1,265,495.00 PHP
see the IoT as billions of smart, connected “things” (a  Manufacturing: from $50,000 -
sort of “universal global neural network” in the cloud) 2,530,990.00 PHP
that will encompass every aspect of our lives, and its  Energy management: from $27,000 -
foundation is the intelligence that embedded 1,366,734.60 PHP
processing provides.  Medical and healthcare systems: from $30,000 -
1,518,594.00 PHP
 Objectives
 Building and home automation: from $50,000 -
The Internet of Things (IoT) is aimed at enabling the 2,530,990.00 PHP
interconnection and integration of the physical world  Transportation: from $25,000 -
and the cyber space. It represents the trend of future 1,265,495.00 PHP
networking, and leads the third wave of the IT industry  Management of cities and systems: from
revolution. $50,000 - 2,532,025.00 PHP
 Consumer IoT apps: from $35,000 -
 Related Studies 1,772,417.50 PHP

Radio Frequency Identification (RFID)


 Conclusion
Charles Walton (1921 – November 6, 2011) is best It is impossible to determine the exact estimate
known as the first patent holder for the RFID (radio for developing IoT applications in various fields.
frequency identification) device. However, we can predict an approximate cost
by studying the above-listed factors.
Radio Frequency Identification (RFID) is a system that
transmits the identity of an object or person wirelessly  The advantages and disadvantages of Internet
using radio waves in the form of a serial number [20]. Of Things
First use of RFID device was happened in 2nd world war
Advantages
in Brittan and it is used for Identify of Friend or Foe in
1948. Later RFID technology is founded at Auto-ID 1. Data: The more the information, the easier it
center in MIT in the year 1999. RFID technology plays an is to make the right decision. Knowing what to
important role in IoT for solving identification issues. get from the grocery while you are out, without
having to check on your own, not only saves
 Founder
time but is convenient as well.
Kevin Ashton is sometimes called the “Inventor of IoT”
2. Tracking: The computers keep a track both
since the first used the term in 1999 to describe a
on the quality and the viability of things at
system where the Internet is connected to the physical
home. Knowing the expiration date of products
before one consumes them improves safety and
quality of life. Also, you will never run out of when the Internet Of Things will be commonly
anything when you need it at the last moment. seen in both households and companies. Efforts
will have to be made to find ways to combat its
3. Time: The amount of time saved in disadvantages.
monitoring and the number of trips done
otherwise would be tremendous.

4. Money: The financial aspect is the best  10 Questions


advantage. This technology could replace
humans who are in charge of monitoring and 1. What are the basics of IoT?
maintaining supplies. The Internet of Things (IoT) is a network of 'smart'
 Disadvantages devices that connect and communicate via the
Internet. The key to the IoT is the interconnectivity
1. Compatibility: As of now, there is no of devices, which collect and exchange information
standard for tagging and monitoring with through embedded software, cameras and sensors
sensors. A uniform concept like the USB or which sense things like light, sound, distance and
Bluetooth is required which should not be that movement.
difficult to do.
2. What are security concerns related to IoT?
2. Complexity: There are several opportunities
for failure with complex systems. For example, Insufficient testing and updating.
both you and your spouse may receive Brute-forcing and the issue of default
messages that the milk is over and both of you passwords.
may end up buying the same. That leaves you
with double the quantity required. Or there is a IoT malware and ransomware.
software bug causing the printer to order ink
IoT botnets aiming at cryptocurrency.
multiple times when it requires a single
cartridge. Data security and privacy concerns (mobile,
web, cloud).
3. Privacy/Security: Privacy is a big issue with
IoT. All the data must be encrypted so that data Small IoT attacks that evade detection.
about your financial status or how much milk
you consume isn’t common knowledge at the AI and automation.
work place or with your friends.
Home Invasions.
4. Safety: There is a chance that the software
3. Challenges Enterprises Face In IoT
can be hacked and your personal information
Implementation
misused. The possibilities are endless. Your
prescription being changed or your account Compatibility and Interoperability of Different
details being hacked could put you at risk. IoT systems.
Hence, all the safety risks become the
consumer’s responsibility. Identification and Authentication of
Technologies.
 Conclusion
Integration of IoT Products with IoT Platforms.
Although IoT has quite a few disadvantages, its
advantages of saving the consumer time and Connectivity.
money can’t be ignored. So the time isn’t far
Handling Unstructured Data.
Data Capturing Capabilities. IoT devices will be a huge part of how we
interact with basic everyday objects. In just one
Intelligent Analytics. year alone, we went from having 5
Data Security and Privacy Issues. million IoT devices connected to the internet to
billions. The future is happening now, and these
4. What is IoT attack? devices are getting smarter every day through
machine learning and artificial intelligence.
The IoT attack surface is the sum total of all
potential security vulnerabilities in IoT devices 9. What are the benefits of IoT?
and associated software and infrastructure in a
given network, be it local or the entire Internet. Communication. IoT encourages the
communication between devices, also famously
5. What is IoT applications? known as Machine-to-Machine (M2M)
communication.
IoT is essentially a platform where embedded
devices are connected to the internet, so they Automation and Control.
can collect and exchange data with each other.
It enables devices to interact, collaborate and, Information.
learn from each other's experiences just like Monitor.
humans do.
Time.
6. How secure are IoT devices?
Money.
5 Ways to Secure Your Family of IoT Devices
Automation of daily tasks leads to better
Start With Your Router. Your router is the 'front monitoring of devices.
door' to your smart home.
Efficient and Saves Time.
Create a Secondary or 'Guest' Network. You can
create multiple networks on your Wi-Fi router. 10. How does the Internet of things work?

Check Your IoT Device Settings and Keep Them The Internet of Things (IoT), also sometimes
Updated. referred to as the Internet of Everything (IoE),
consists of all the web-enabled devices that
Enable Two-Factor Authentication. collect, send and act on data they acquire from
Disable UPnP Features. their surrounding environments using
embedded sensors, processors and
7. What is smart grid in IoT? communication hardware.

The Smart Grid is part of an IoT framework,  Summary


which can be used to remotely monitor and
manage everything from lighting, traffic signs, The Internet of Things is happening now. It
traffic congestion, parking spaces, road promises to offer a revolutionary, fully
warnings, and early detection of things like connected “smart” world as the relationships
power influxes as the result of earthquakes and between objects, their environment, and
extreme weather. people become more tightly intertwined. Yet
the issues and challenges associated with IoT
8. What is future of IoT? need to be considered and addressed in order
for the potential benefits for individuals,
society, and the economy to be realized.
 Summary

Ultimately, solutions for maximizing the


benefits of the Internet of Things while
minimizing the risks will not be found by
engaging in a polarized debate that pits the
promises of IoT against its possible perils.
Rather, it will take informed engagement,
dialogue, and collaboration across a range of
stakeholders to plot the most effective ways
forward.

 References

https://www.atlanticbt.com/insights/3-threats-and-
3-benefits-of-the-internet-of-things/

https://ritusha.public.iastate.edu

http://okeanis.lib.puas.gr

https://www.internetsociety.org

Prepared by:

Erica U. Garcia BSOA 3B


Rosie B. Garrido BSOA 4B

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