The internet changed the way we think, work, shop, and the way we solve problems. We really love the internet, apps, and the Internet of Things (IoT). It’s these revolutionary ideas that have given birth to the digital age that’s changing societies across the globe forever.
Over the last few years, programmatic syntax has become more accessible and a lot easier. Furthermore, we’re now equipped with a plethora of programming knowledge provided by the internet at our fingertips. As a result, progress in this space is experiencing a period of significant acceleration.
A new wave of connectivity has also taken us beyond laptops and smartphones and moved into our cars, homes, and offices. With connected “things” and wearables, we are now building smart cities around the globe.
The Internet of Things, or IoT, is going to announce a fantastic opportunity over the next few years. According to WIKI, IoT is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.
The Internet of Things is a rising topic of specialized, social, and financial importance. Consumer items, autos and trucks, modern and utility parts, sensors, and other regular objects are being joined with Internet network and data analytic abilities. This guarantees to change the way we work and live. Projections for the effect of IoT on the Internet and economy are noteworthy, with some envisioning upwards of 100 billion associated IoT gadgets and a worldwide monetary impact of more than $11 trillion by 2025.
But while it might make things smarter and easier, what real world problem can a phenomenon like IoT potentially solve? And what issues can it solve right now?
1. Carbon footprint reduction
There is no denying that we humans are accelerating the destruction of the planet. Fortunately, we are also smart beings that can find innovative ways to stop it.
Smart things in your home, especially in your kitchen, will make it easier to go green. This is because IoT embedded kitchen appliances will make it easier to manage your energy consumption.
You may start your morning with smart Wi-Fi enabled coffee maker. It can set coffee strength, cautions you if the water level is alarmingly low. You can control this gadget from Smarter Coffee from anyplace at home through your cell phone.
Great ideas like smart plugs will also be able to intelligently detect household appliances that aren’t being used and turn them off while alerting the owner about the power that’s being consumed.
This means that you won’t have to worry about having left the iron on while you’re on your way to work ever again. The same applies to your toaster!
Energy can also be saved by utilizing smart thermostats for temperature control. For example, applications today can turn on your heater or AC fifteen minutes before you get home or turn it off as soon as you head out the door.
As a whole, IoT is revolutionizing the utility sector helping us all work together to reduce our carbon footprint.
2. Security management
Every company across all industries needs encryption and password management. Enterprises can be more secure with IoT as clothing with biometric sensing, facial recognition, and footprint identity can unlock doors and turn on lights without ever having to swipe a card (that can be easily lost).
Furthermore, time cards can be punched automatically, stocks can be managed efficiently, and security can track your every move while on the premises. All of this will have a direct impact on employee productivity and your bottom line.
Security and IoT need to cooperate moving into the future. Physical security systems, for example, prisons, school grounds, secure offices, and others, can genuinely profit with the help of the Internet of Things. With the assistance of intelligent technology and the IoT, we can get to the world without vandalism and crime.
3. Maintenance of equipment
When something breaks at home or at work, we often have to obtain replacement parts. Now imagine the replacement parts arriving before an appliance even breaks?
That’s what sensors in our devices can do when they recognize the wear and tear in aging parts that need repair. It’s already happening as printers can order replacement cartridges automatically from Amazon just before it runs out.
By using this innovation, we can automate processes remotely. IoT can optimize the production processes and help to diagnose whether equipment requires repair or maintenance.
Want to learn more about the IoT, its challenges, opportunities and use cases, or get some cool IoT app development tips and insights? Check out the Intersog IoT Blog.
4. Usage-Based Pricing models
IoT is generating a tremendous amount of data and this is going to increase consistently in the years to come. All these devices sharing information with each other will lead to valuable data that can benefit businesses.
IoT will essentially increase the adoption of usage-based pricing models. It’s already happening with software-as-a-service and this will soon be the norm.
5. Improving employee morale
In warehouses and retail, it’s common to find staff going through their work day with earpieces. These can now track the energy levels and moods with biometric sensing.
Smartphones and other types of wearable gadgets—headsets, badges, smartwatches, etc.— would now be able to detect feelings, states of mind, and feelings of anxiety using customized expressions such angriness, shock, happiness, and so on. The wearable devices catch, process, and examine the imaging information with the help of a vision processor, and afterward send the results to a companion gadget like a smartphone.
By taking advantage of big data, the same earpiece can play their favorite music when they feel low or need to de-stress. Enterprises who are in the know when it comes to good music prediction will also have an edge over the competition in the job market.
It can also be extended to enhance productivity and efficiency. This can be anything from eliminating the need to perform physical checks of stocks to enhancing collaboration between suppliers and vendors.
6. Increasing yields and food supplies
As the population continues to explode, there is an urgent need to find better ways to engage in agriculture. With the help of various governments, farmers are trying to achieve more yield with the help of IoT (in fact, this is the fastest growing field within this space).
The insights gained from all the collected data is helping farmers achieve a better yield on their ROI. IoT sensors monitor nutrients, soil moisture, and also control water usage. Further, growth is determined by custom fertilizer.
This is just the beginning of IoT in agriculture, so it will be interesting to see how it changes the way we grow and consume food.