What Is IoT and How Will It Enhance Businesses
Everyone must have heard the word Internet of
Things by now, but do you know what it really means. IoT stands for the
connection of devices ( other than your standard computers, smartphones,
laptops and tablets ) to the Internet.
Cars, business equipment, kitchen appliances , tracking devices that can
all be connected through the Internet of Things. In the next few years to come
more devices will be on that list. It is also defined as the interconnection
thru the Internet of computing devices embedded in everyday objects enabling
them to send and receive data. You can control such things like your smart TV,
refrigerator and air condition thru your tablet, smartphones and computers. IoT
is all about sensors.
1. Everything will be easy to find – No more need for
barcodes when you are doing your inventory management. All of your devices, equipment and even
products will all be united into the same network. You can now update numbers any
time you want. You will have the capability to look into those benchmarks at
any moment.
2. Make Your business operations better - As I said IoT is all about sensors. These
really tiny inventions can be attached
to anything , that means even your coffee cup and to your devices in the office. It will record
and send data back into the cloud. You’ll have more feed back on how your products and equipment are being
used.
3. Your company can make better products - We now have smartphones that can do so much
than an ordinary cell phone. Expect much more from the Internet of Things.
Everything has started to evolve with the entry of smart watches. Expect a lot
of things to happen, you may have smart yoga mats or even a smart badminton
racket. You might think it’s weird but it’s going to happen whether you like it
or not. The thing is that businesses will have the opportunity to create better
and smarter products that consumers can be connected to.
4. Services will be automated - If you are in the cargo business or even
shipping business , you can now place Iot sensors on vehicles and even packages and it will magnify
visibility of your supply chains. This will definitely improve your transport
operations especially if you have cargo that is high priced. The sensors that
have been placed can reveal changes in temperature, light, features and data .
It certainly is useful for alleviating risks that are caused by delays and
other factors.
5. Huge amount of data - Sensors that have been placed as
components of IoT devices and it can
create data that can be stocked and then analyzed as a portion of existing
analytics. It will develop new kinds of findings. Any program including
distribution, edible materials, shopping can send previously unavailable data
information about temperature, movement, vibration, light and other perceivable
conditions across network connections to data storehouses.