In the modern world, people tend to rely heavily on the internet and smart devices to accomplish their daily tasks. Computing and automation have become the two leading factors that drive production in every aspect of our economy. A few years ago, only 500 million devices were connected to the internet, but today, close to 20 billion devices are connected to the web. Technology has become a necessity for everyone in the world today.
However, these devices that are connected to the web aren’t synchronized. For instance, you can’t use your smartphone to make your bed when you wake up in the morning. Each device has only one function to perform which has led to the emergence of the Internet of Things commonly referred to as IoT. The term simply refers to everyday objects that are connected and synchronized such that they can send and receive data. IoT has been touted as an invention that will improve the lives of people through constant connectivity. Here are some of the solutions IoT will bring to problems in the world.
Prevention of Car Accidents
IoT industry can lead to better and safer driving environments through data gathering. Product safety has always been a significant concern in the automotive industry. Some automotive manufacturers have decided to enhance driver safety through the implementation of smart devices in cars that gather internal data which is then translated into metrics and useful insights relating to the driving behavior such as steering and wheel position, speed, and analysis of the brake and accelerator system.
Technically, the vehicle remembers the standard driving behavior and can act upon gathered data to predict and prevent auto accidents. The sensors are also able to note whenever there is a car crash and notify authorities.
Increased Productivity at the Workplace
An average American spends about eight hours a day working which translates to a lot of time annually. However, we hardly use this time to the fullest. Think about the number of hours you use managing the inventory, scanning documents, or adjusting the air conditioner in your office.
IoT offers you the opportunity to automate some of these routine tasks and devote more time to things that matter. You do not have to leave your desk to go and adjust the AC system or manage the inventory, but you do it right from where you are seated.
The result of increased productivity at the workplace will be increased revenue collection. IoT allows products to communicate with each other and send vital data to the company’s monitoring system. Organizations can capitalize on the data gathered to enhance customer experience and improve workflow.
Organizations can engage in product tracking, automated workflow, energy conservation, and inventory control. When business processes become automated and monitored in real time, operational efficiency also increases leading to increased revenue. Various devices can also make sound decisions and solve multiple problems without human intervention–saving both time and money.
Cleaner and Safer Environment
New York, London and all the other major cities around the world spend a lot of money on water and energy resources. The huge energy consumption leaves behind a disastrous carbon print that has led to global warming. The existing electrical grids were not designed to respond to the changing demands of the 21st century.
However, IoT enables two-way integration between utilities and clients. Newer and safer forms of energy such as wind and solar can be added to the smart grids which help the household to lower their energy consumptions leading to a cleaner and safer environment.
Increased Data Quality
Product-generated data is more accurate than manually entered data which is prone to several errors during the input process. With high-quality data, you get a solid foundation to make sound and informed decisions. Typically, decisions which are based on bad data result in bad outcomes which can bring the business down.
It takes a lot to define the path from problem to solution, but IoT brings solutions to these issues.