“Internet of Things” has become popular over the last four years and so, and it looks like we will be hearing even more about it in the coming years. The IoT is a network of Internet-linked devices, vehicles that can collect and share data without human interaction.
The goal of IoT is to form an Ecosystem of connecting Internet of things and these type of Ecosystems combine to form IoE “Internet of Everything”. IoT is the technology of new time that makes our day to day lives simpler. The devices gather information and send to central data server, where the information is processed, collected, distilled, and made task easier.
Specific IoT-equipped devices include smartphones, laptops, coffee machines, refrigerators,Google Home, Apple watches, Fit bit etc. All Kind of devices can be used into the IOT provided it is equipped with sensors and internet connection. The business world enjoys the benefits of IoT, government, organizations, and the individual consumer.
The Internet of Things can be used in many different aspects of life, in both the private and public sectors. People in the world can track their pets, home security systems and it helps to track the assets in live as well.The consumers can make use of IoTfor restaurant reservations, can monitor ones exercise progress and overall healthcondition.The IoT also proves helpful in ITIL (Information Technology Infrastructure Library), which is a set of IT service management, since IT departments in a world that’s getting increasingly digital, with more reliance on wireless networks.
In business IoT play import roles to monitor supply chains, tracking of customers’ spending habitsand collect their feedback, monitor and maintain inventory levels, and engage in denoting maintenance of their machines and devices.Block chain, being increasingly used as a more efficient and secure method of transaction and data processing, is a beneficiary of IoT technology.
IoT’s technology makes an attractive option for many business, organizations, and government branches and etc. Below are the different types of fieldsused IoT in day to day life and in business field.
Smart agriculture used IoT applications. It’s used in monitoring of climate conditions, green automation, crop management, cattle monitoring and management, end to end farm management systems. For agriculture indoor planting, IoT makes monitoring and management of micro-climate conditions a reality, which in turn increases production.
For outside planting, devices using IoT technology can sense soil moisture, in conjunction with weather data, better control smart irrigation and fertilizer systems. If the sprinkler systems release water when needed, this prevents wasting a precious resource.
We can monitor the patient health at home in real time from hospital using IoT wearable devices and therefore reducing hospital stays while still providing up to the minute real-time information that could save lives.
In hospitals, smart beds keep the staff informed as to the availability, thereby cutting wait time for free space.
Elderly care becomes significantly more comfortable with IoT. Adding to real-time home monitoring, sensors can also decide if a patient has fallen or is suffering a heart attack
3. Consumer Use
IoT devices in the form of wearable’s and smart homes make life easier. Wearable’s cover accessories such as Fit bit, smartphones, Apple watches, health monitors, to name a few. These devices improved entertainment, network connectivity, health, and fitness.
Smart homes take care of things such as activating environmental controls. Dinner that requires oven can be started remotely, so the food is ready when you arrive. Security is made more accessible as well, with the consumer having the ability to control appliances and lights remotely, as well as activating a smart lock to allow the appropriate people to enter the house even if they don’t have a key.
In Online and in-store shopping, sales figures can control warehouse automation and robotics, information gather from IoT sensors. Moreover using of RFIDs, which are already in heavy use worldwide.
Mall locations are doubtfulthings; business tends to fluctuate, and the advent of online shopping has driven down the demand for brick and mortar establishments. However, IoT can help analyze mall traffic so that stores located in malls can make the necessary adjustments that enhance the customer’s shopping experience while reducing overhead.
On customer appointment, IoT helps retailers target customers based on past purchases. Equipped with the information provided through IoT, a retailer could provide a personalized promotion for their loyal customers, thereby eliminating the need for costly mass-marketing promotions. Much of these promotions can be conducted through the customers’ smartphones, especially if they have an app for the appropriate store.
The field of manufacturing and industrial automation is one of biggest success in the IoT. The manufactures can track their product using RFID and GPS technology from the startingof factory floor to thefinal destination store. The sensors inside the IoT device can track and gather information on travel time, product condition, and environmental conditions that the product was subjected to.
The sensors mounted on machines can track the performance of the machine, estimate when the unit will require maintenance, so that we can prevent costly breakdowns.
IoT sensors can be used to monitor environmental conditions such astemperature, humidity, soil Moisture and all kind of environmental activities. With the help of IoT environmental control, people and business can get significant benefit by saving energy.
By the help of IoT sensors information, whichleads in the creation of algorithms that regulate energy usage and make the adjustments, eliminating the human.
On a larger scale industries, data gathered by the IoT can be used to help run municipal power grids more skillfully and analyzing factors such as usage. Also, the sensors can help increasing the response time of repair crews and decreasing blackout times.
The GPShelps transportation companies plot faster and more efficient routes for trucks, hauling freight, thereby speeding up delivery times and the progress being made with self-driving cars. But that’s just one bit of the vast potential transportation.
There is already significant progress made in navigation, once again alluding to a phone or car’s GPS. But city planners can also use that data to help determine traffic patterns, parking space demand, and road construction and maintenance.
The Future of IoT
We can expect to see IoT and Block chain coming together more often in the future. The global smart agriculture market size is expected to triple by 2025, reaching $15.3 billion.
As per the research, there will be approximately 20.4 billion IoT devices connected to the internet by the year 2020, out of which, 90% of automobiles will be connected to the web. That number could hit 1 trillion by 2025, according to HP, and that’s just a staggering figure. According to a Cisco report, the next decade will see IoT devices creating $14.4 trillion worth of value across several industries like the ones mentioned above.
Further, the Internet of Things is assured to create life-changing conditions in our lives, both in a professional and personal things. Innovation are implemented already in many places. The IoT will reach heights by 2025 and offers a unique degree of control and efficiency that no industry can ignore.