The Future of IoT

Imagine a long chain with interconnected links. Now imagine that chain being invisible and ever-present. The internet of things is similarly interconnected, but with devices, or “things,” connected together and with the internet. From smart microwaves to fit bits, the internet of things connects tons of different devices that have on/off switches, to the internet. Each device can gather and share data about their activities and environment, without human intervention.
For example, a fitbit has sensors that count how many steps you’ve taken, and whether your path was hilly with resistance, or relatively flat. It can also tell you how many calories you burned. That’s the thing – the internet of things makes it possible to collect so much data, and that data can be analyzed to learn patterns that help us make more evidence-based decisions.

Does the IoT exist at home? Definitely – these days, many home appliances are connected to the internet. From lights that turn on at your command, or automatically upon the evening hours, to video camera sensors that detect movement in your backyard.
IoT also has a place in smart buildings. IoT helps automate temperature, ventilation, lighting, and elevator use, and energy efficiency. Not only can IoT help manage these functions, it can also correct inconsistencies and inefficiencies within a building’s technology and operations. For example, IoT can correct space temperature and energy consumption rates.

For businesses, IoT provides the opportunity for endless improvement. With the ability to analyze exactly how a system works, businesses can learn how to improve their products and give their customers more relevant information, more of what they want.
Improvement for businesses means reducing waste, lowering costs, and enhancing service delivery and efficiency. For example, IoT could help a business automatically compare sales data with current supply, ensuring a more consistent flow and less chance for shortages. IoT automates processes to assist businesses in finding savings and become more competitive.

The market is vast for IoT. However, management and security continue to be essential considerations with IoT. Devices will age and require software updates and maintenance. Hackers can use malicious code to drain IoT devices of their battery, and steal their data. Experts see IoT continuing to make house and building functions more efficient, while improving business’ practices and profits.
Interested in hearing more about IoT. Reach out to us today.