The Internet of things is the next phase of the internet revolution. IoT solutions allow bringing physical devices into the digital realm. Even though the prevalence of IoT solutions is rampant in the world many people are still in the dark about what IoT is.
Even though IoT has been around since the 1980s it was recognized as a distinct technology in 1999. Over the next few years, IoT diversified and was used in a multitude of ways. From wireless communication, embedded systems, to micro-electromechanical systems.
Corporate spending on technology is supposed to cross 1 trillion dollars in 2020 and 745 billion of it is supposed to be in the internet of things solutions. IoT based solutions have allowed for the automation of daily tasks and enable effective monitoring and control of the connected devices.
Since most people are in the dark about IoT. So we here at Solutionery created a list of the most impactful real-world IoT solutions that are changing the world. Before we dive into the list let’s answer some commonly asked questions about IoT solutions.
Nowadays whenever you look up tech you see a lot of stuff about the internet of solutions and its wonders. However, most people are still confused about what it is. Here are some commonly asked questions about IoT:
Answer: Internet of things is simply a network of connected devices that interact and exchange information with each other. IoT allows for two or more devices to send and receive information over the internet.
Answer: Internet of things solutions have been applied in plenty of fields. IoT solutions have been applied in process automation, home automation, smart cars, decision analytics, and smart grids. As the years go by IoT solutions are going to diversify as well with many industries adopting IoT already.
Answer: IoT devices communicate through an IP network over the internet. You can connect the devices either through the ethernet, wired, or wireless or via Bluetooth.
Answer: Machine to machine or M2M data transfer means the transfer of data from one device to another. It is simple point-to-point communication between the two devices. Whereas, IoT is a broader term where a network of connected devices supports data integration with a specific application over a shared IP network. It is much more flexible and involves multi-level communication.
Answer: IoT is already being used in tandem with many other new tech trends. IoT solutions work with artificial intelligence (AI), machine learning, and automated things to deliver integrated smart solutions. As time passes the integration will be much deeper and cause industry-wide disruptions.
Internet of things solutions are everywhere now and here are some of the best real-world IoT solutions that are changing the world:
There are plenty of manual or digital sensors connected to circuit boards such as Arduino Uno or Raspberry Pi 2. These sensors can record data like carbon monoxide, temperature, humidity, pressure, vibration, and motion.
These sensors will then send data to connected devices. IoT sensors allow for control of data through automation delivering actionable insights. With these sensors, businesses can make predictive maintenance, enhance efficiency, and reduce costs.
So this is where businesses utilize IoT data analytics is used to identify trends and patterns. They do this by analyzing big and small data. IoT analytics apps usually analyze structured, unstructured, and semi-structured to uncover meaningful insights into the industry that helps businesses grow.
Businesses use IoT analytics data to do a predictive and descriptive analysis that helps them to improve customer knowledge, enhance operational efficiency, and ensure business growth.
Businesses that have a lot of real-world assets are utilizing IoT in tracking and monitoring assets and systems. IoT asset tracking devices usually use GPS or radio frequency (RF) to track and monitor properties and smart devices are usually used to long-range identification and verification of assets.
Businesses all over the world are utilizing IoT connected factory solutions to increase their efficiency and productivity. Often companies use IoT solutions like Azure IoT management for industrial IoT devices. These are usually cloud software solutions where you can populate the system with different resources that allow for control of a range of devices.
These sorts of connected factory solutions usually report key metrics data including equipment efficiency and telemetry data that can gather data from assets in different locations as well.
IoT solutions like that have allowed factories to have greater control in connecting, monitoring, and controlling remote industrial devices across multiple locations for a smoother supply chain.
Supply chain managers are utilizing IoT solutions to make smart predictions through smart routing and rerouting algorithms.
Smart devices connected to packages will send instant after-the-incident facts via GPS and RFID signals that ensure informed supply chain decisions.
IoT application is helping managers mitigate uncertain risks in supply chain management. With IoT solutions implemented businesses are minimizing variance, reducing costs, and improving profitability.
Businesses all over the world are making inventory management, vendor relationship, fleet management, and scheduled maintenance better by introducing IoT solutions.
Smart grids are a type of industrial application of IoT that allows cities and countries to monitor data in real-time regarding data regarding supply and demand of electricity. Utility companies use computer intelligence to manage efficiency.
Companies integrate the IoT smart grid technologies to ensure that they can manage outages efficiently. IoT smart grids also help companies in fault detection and repairs. IoT smart grid solutions are allowing utility companies to better manage power infrastructure and resources to provide consumers better quality power.
IoT in health care systems is often called the Internet of Medical Things (IoMT). These solutions allow for medical personnel to monitor and track vital medical data for patients remotely. Along with that, they also allow doctors to make important decisions based on real-time monitoring outputs by smart medical devices.
IoT devices report emergency information to doctors immediately. From things like an asthma attack to heart failure, etc immediate notifications ensure that lives are saved.
IoT devices continuously monitor blood pressure, sugar levels, oxygen, and weight and store the data for easy anytime access. This not only automates the workflow but also ensures that the physicians are always aware of the patient’s health.
Smart IoT solutions are changing the farming landscape by optimizing the process. IoT smart devices let farmers know the optimal time to do things like harvest plants, creating fertilizer profiles based on the chemistry of soil, and sensing soil nutrients and moisture levels.
Many companies like Smart Elements, AllMETOE, and Pynco are already providing IoT solutions in farming. The sector is one of the fastest-growing sectors in the world revolutionizing the agriculture and farming landscape.
So these are some real-world IoT implementations that are completely changing the industry. More and more sectors are integrating IoT solutions within their businesses to make sure they provide efficient service while maintaining quality throughout.
From small businesses to large enterprises everyone is looking at IoT as a solution for growth. So make sure you too look into the viability of IoT in your business.
If you need expert IoT consultation then you can contact us here at Solutionery so that you can make an informed decision. Until next time, see ya!