What IOT Does and How It Helps?
We have increasingly become reliant on the internet, which is a humungous interconnected network through which we communicate with each other using our personal computers, laptops and smartphones. IoT is a a giant network of inter-connected devices, which continuously gather and share data on their usage with device manufacturers and owners. This is done through sensors which are embedded in every physical device, such as mobile phone, electrical appliance, barcode sensor, traffic lights and almost everything you interact with in your daily life. IoT brings this diverse information together and provides a common language for the devices and apps to communicate with each other. IoT is the biggest revolution which has the potential to impact our lives in so many ways. Devices which were unconnected till now, can get connected in real-time and respond like smart devices. With IoT, you can control air-conditioners with your smart phones and track your daily activities with your smart watch. Gartner predicts that by 2020, there will be over 27 billion connected things and over 50 billion IoT sensors in use and by 2030 there will be over 200 billion inter-connected network devices.
How IoT helps?
IoT helps a range of industries to streamline their operations and improve customer engagement.
IoT is changing the way Artificial Intelligence is being used today. When combined with big data interpretation, IoT perfects the way in which devices use AI to communicate with all stakeholders. AI developers can now build upon the enormous volume of data to create more seamless interaction by merging IoT with machine learning algorithms, and significantly improve customer experience.
IoT gives a massive boost to edge based storage and computing, particularly where the operating assets are located at an extreme distance from the core infrastructure. As per an IDC FutureScape report, in 2019, up to 40% of data created by IoT will be fully stored, processed, analysed and acted upon at the edge of the network.
IoT helps doctors to remotely monitor the condition of patients and use the diagnosis done through tracked information for prescribing the necessary medication. For patients who are immobile and on life support, their health progress can be recorded and kept in a cloud system, thanks to IoT.
The manufacturing industry is one of the biggest beneficiaries of IoT. By attaching sensors to their devices, they can keep on collecting valuable data in real-time and use this data to educate and inform their customers about preventive maintenance of the assets.
The hospitality industry optimizes the power of IoT to make increase the comfort level of their services for guests. In fact, some hotels deploy face detection mechanism so that the reception staff recognizes them even before they arrive.
IoT is powering smart cities across the world, where all the data is securely stored in large data centres for ensuring quality communication and efficiently using the information flow for making our lives simpler and faster.