The internet of things (IoT) is all about connecting various devices via communication or computational activities, enabling them to directly share data with other devices to control everything from your home thermostat to your car’s GPS. Moreover, advancements in microprocessor technology have made it possible for the IoT to connect previously otherwise too-distant items in an ever more efficient way than ever before, opening up new possibilities that will enable business owners everywhere.
IoT is one of the buzzwords of the current century. No one is unfamiliar with the term. We see IoT devices in our daily lives. However, the majority potential of this technology is still untapped.
Potential use cases of IoT technology:
Autonomous vehicles: Technologies such as IoT and Edge computing, along with 5G connectivity, create a more efficient way to communicate with the devices around us. Autonomous cars are expected to make roads safer. Several companies are testing connected vehicles, and they may soon be a way of life.
Manufacturing: When creating complex interconnected systems, manufacturing companies have always struggled with deploying the latest technology to improve their productivity and efficiency. Industrial manufacturing is one of the most promising use cases of IoT, where this technology can lead to a massive increase in productivity and efficiency. Sensor data can be used to monitor machinery and optimize usage. Companies can use predictive analytics to identify components that are about to fail. Data and AI combined will enables devices to make informed decisions independently.
Smart agriculture: Several connected sensors like pH, humidity, temperature, and light sensors can collect data from plants and livestock precisely and in real-time. Growers can process the data quickly to derive actionable insights and make informed decisions. The operators can remotely control the equipment as per the data obtained. Special cameras and sensors can detect pests and diseases in certain crops and pinpoint only where the pesticides need to be applied. Autonomous systems can even make informed decisions by sending drones to treat the affected areas. Growers can automate the majority of the growing cycle this way.
Healthcare: Connectivity and Data Security Challenges have been enormous obstacles for healthcare providers. IoT devices with edge computing capability will enable medical professionals to gather and process data more efficiently, streamline supply chains, and reach patients in remote. The innovative methods will also enable health workers to offer improved patient experiences and deliver significant cost savings via higher productivity and efficiency.
We have started seeing IoT devices and sensors in our everyday life. With IoT, we are moving towards a world where we can connect with one another and access information in ways we never thought possible. It is vital that organizations take advantage of the latest advances in these critical areas to stay competitive in today’s global marketplace.