The Internet of Things is much more than a buzzword.
It is a network of embedded devices, containing software, electronics, and actuators along with chips and sensors that connect them through the internet and enable them to interact as well as exchange data.
The data is collected in an IoT platform, and it is used to seek out the essential information and add value in real-time.
The idea behind IoT is to make static, physical objects engaging and smart by enabling devices to collaborate, interact, and learn.
From having effective consumer-based applications to productive business world applications, IoT is transforming the world.
Let’s take a look at the five real-world applications of IoT:
Probably the most popular application of IoT is wearable devices such as FitBits and Apple or Samsung’s smart watches. The software and sensors in these devices, having been connected to the internet allow them to communicate by exchanging data. The data is then analysed to provide the most specific information pertaining to one’s needs, in this case, mostly about health and fitness.
While being fashionable, wearable tech can also be used for entertainment, communication, and as mentioned above for health as well as fitness.
After smartphones, the next big thing that’s highly talked about is Smart Homes.
Smart homes are homes that can adapt to your specific needs on a daily basis and provide you with continuous convenience as well as security. For instance, the air-conditioner or heater in your home will automatically turn on at precisely the right time before you reach home to ensure that the optimum temperature is reached.
Now note that this isn’t like a normal timer that you put on. The devices in your home are connected with, for instance, your mobile phone, car, and wearable tech. They’ll know how exactly you are feeling, what’s the ambience that you would prefer, what food you would like to eat, and when you would reach home. Hence, everything is arranged accordingly in your home for you, and you don’t have to give instructions manually.
The one thing that fascinates people around the globe is the notion of self-driving cars. Yes, cars that are able and sensible enough to take an individual from one place to another without someone driving or controlling it. This is possible because these cars are equipped with internet, sensors, software, cloud architecture, and gyroscopes among other devices to not only visualise faster than the human brain but also collect and analyse large amounts of data pertaining to traffic, pedestrians, and various routes.
IoT has made safe driverless cars a possibility, and soon, people around the world will be proud owners of driverless cars.
IoT in Industry
The usage of IoT devices in the industrial sector has been increasing as it has been realised that IoT can help create machines that are more smart, productive, effective, and even safe. Plus, the data collected is also considered to be highly valuable since it can help companies figure our problems, ensure quality, and sustainability.
The Supply Chain sector is set to substantially benefit from IoT as it can help in each and every process, right from tracking goods, managing them in inventories, delivering as well as exchanging information in real-time.
The key here is the custom software development, which can help different companies in different industries make the most of IoT and gain competitive advantage.
The concept of smart grids is not new, but now, finally, due to IoT, it is fast becoming a reality. IoT helps grids gather data of both consumers as well as producers and then analyse it to improve efficiency and sustainability.
In addition to this, IoT devices can help reduce energy consumption, for instance, by managing the temperature and lightening of buildings. This alone can help save a lot of energy.
The bottom line is that IoT is real, it’s impactful, and it’s here. There is not doubt that it will disrupt all industries around the globe. This is further substantiated by Cisco – a multinational technology company – as it points out that IoT will add over $14 trillion in value in the worldwide economy within the next decade. Plus, Business Insider estimates that more than 24 billion IoT devices will be installed by 2020, highlighting the urgent need to explore and leverage this technology.
Companies need to make the most of this new technology by acting now and by availing bespoke IoT software development services.
Author Bio: Zoe Kent has recently joined the Rezaid team as a Content Marketing Executive, shortly after graduating from Manchester Metropolitan University. Zoe specialises in SEO, website content creation, and social media marketing. She enjoys writing blogs on a variety of topics – from social issues, disruptive technologies, to lifestyle management and fashion. Being able to write on multi-topics is challenging, and Zoe’s work depicts the hard work and effort needed to write them well.