One of the most important things in this fast-paced, modern world is the amount and variety of technology we hold. From mobile phones to the trending buzz of Artificial Intelligence and machine learning, digital transformation solutions have become an integral part of our life. And one such solution is the Internet of Things(IoT).
IoT can be considered as a giant network of internet-connected devices that collect data and share them. It is capable of providing relevant information about the performance of an activity, and even about the environmental conditions that we need to monitor and control remotely.
Over the next few years, IoT is used in wireless communication, embedded systems, and micro-electromechanical systems. According to a study, the number of IoT devices across the globe will reach around 25.4 billion in 2030. After witnessing such huge growth potential, many companies are looking forward to adopting IoT app development services to simplify and automate their services.
Inspite of the increasing prevalence of IoT, a lot of people are not aware of it. In this blog post, we will discuss some surprising practical applications of IoT.
Ways IoT Assist Businesses Drive Business Growth
Enterprise leaders have realized the importance of IoT for quite some time. Basically, IoT is a network of interconnected devices that can collect and transfer data across multiple networks. Advanced sensors, identity chips, and communication devices integrated with cloud and analytical engines will create a new era of business automation.
IoT facilitates better decision-making for businesses of all sizes. IoT platform is transforming industries like healthcare, energy, automotive, manufacturing, and transportation as well as countless appliances like air tracking, door well cam, security system, electricity plug, thermostat, oven, etc.
But these are not just the only implications of IoT, there are a few more –
IoT sensors are connected to circuit boards that can be programmed to measure a range of data collected from a sensor device like temperature, carbon monoxide, pressure, humidity, vibration, and motion. One thing that differentiates IoT sensors from normal sensors is that they can collect and send data to connected devices.
In addition to this, IoT sensors enable users with seamless control of data through automation delivering actionable insights. Businesses and enterprises can use IoT sensors for predictive maintenance, reduced costs, and enhanced efficiency.
Connected Healthcare Systems
IoT has multiple applications in the healthcare domain. This technology is used to offer high-quality medical services using smart devices. IoT-powered medical devices will help doctors and healthcare professionals to access important data that is crucial for making clinical decisions.
In addition to this, healthcare professionals can use wearables or sensors to monitor a patient’s condition outside in real-time. Through continuously monitoring certain metrics and automatic alerts on their vital signs, the Internet of Things helps to improve the care for patients and the prevention of lethal events in high-risk patients.
Moreover, IoT-enabled tools assist medicare professionals and doctors collect health care data like blood pressure, sugar levels, oxygen, and weight. Physicians can access this data at any time to save the lives of many individuals.
Farmers can use IoT-based applications to optimize different activities like the suitable time to harvest plants, create different profiles for fertilizers, and track soil moisture and nutrient level. As per a study, global agricultural IoT markets will reach around $30 billion by 2023.
Apart from this, IoT farming devices can detect weather conditions and other necessary data related to the environment. Moreover, the integration of IoT apps can significantly boost the quantity and quality of agricultural production. In a nutshell, the concept of IoT-based smart farming can transform the entire agriculture industry.
IoT Data Analytics
Businesses are using IoT data analytics to determine trends and patterns by analyzing big and small data. IoT data analytics apps can analyze structured, unstructured, and semi-structured data to extract meaningful insights.
IoT can be applied to data analytics to investigate different types of data including motion data sets, geographical data, and health care data. It can be used by businesses for predictive and descriptive analysis to improve customer knowledge, enhance operational efficiency, and create business value.
Remote Factory Solutions
There are two main goals to enable connectivity in a plant or factory. The first is to reach an ideal state of sustained productivity, self-correction, and quality. This leads to higher profitability. An IoT-enabled factory solution can help you achieve both of these goals.
Also, you can use IoT-connected factory solutions to manage industrial devices. The connected cloud software contains different resources that can efficiently control the range of devices.
The connected factory solution can report key metrics data including equipment efficiency and telemetry data. The data can be gathered of assets located at different geographical locations. You can use the connected factory solution for connecting, monitoring, and controlling remote industrial devices.
Smart grid is an advanced industrial application of IoT. It facilitates real-time monitoring of data regarding demand and supply of materials. Furthermore, smart grids involve the application of computer intelligence for efficient resource utilization.
Apart from this, enterprises can use IoT-based smart grids to manage unnecessary outages at ease. They can use IoT technology to improve reliability and identify load distribution. Moreover, smart grids will interconnect entire assets, meters, and substations. They will provide customers with better quality energy access.
IoT represents the next phase of the internet revolution. It is possible to bring physical devices to the digital realm with the implementation of IoT. Enterprises looking to create interconnected applications like these need to have a robust and scalable IoT infrastructure in place to meet increasing customer demands.
The use cases of IoT mentioned here highlight how enterprises can benefit from emerging technologies and high-performance networking tools. To add such tools to your existing network infrastructures, you can hire a reliable IoT and wearable app development company.
Competition in upcoming times will be largely defined by how companies leverage innovative technologies. IoT will be the foremost technology that is expected to determine the fate of many businesses.