“With the use of advanced technology and smart phones, lives are also becoming smarter and more comfortable. From transportation to healthcare and from financial services to weather forecasting, IoT is playing a big role in their operational efficiency, thereby, bringing about a huge change in our lives. As things progress, more and more companies are joining the new trend.”
Internet of Thing (IoT), for layman’s understanding, is a network of objects which, with their embedded sensors, get connected to various devices through the Internet. With the world becoming more and more digital and devices getting smarter by the day, IoT is playing an increasing role in our everyday life.
Connected through wireless networks, our devices work in synchronization in an IoT-enabled Cloud setup. These devices transfer data over a network without any human interaction. As humankind makes varied use of smart devices to make lives more convenient, IoT’s role is getting enhanced. No doubt, the IoT market is projected to touch $520 billion by the end of 2021.
The IoT-based smart infrastructure helps maximize utilization of capacity and IoT-enabled services pave the way to smart cities, better healthcare, and more comfortable travel – in short, a better living.
IoT-enabled buses, trains, and ferries provide data that leads to real-time information about schedules, delays, and re-routes. An IoT- enabled unified public transport system increases the operational efficiency of the system and the public can get an enhanced service experience. With the use of smart apps, people can plan their trips in advance, and more efficiently.
- Connected through wireless networks, our devices work in synchronization in an IoT-enabled Cloud setup. These devices transfer data over a network without any human interaction.
- The use of IoT technology also allows doctors to focus more on their medical practice by saving them from administrative hassles. It also helps to reduce the workload of nurses a great deal.
- Weather forecast systems are also an integral part of the iOT infrastructure. Although a natural disaster can’t be averted, an IoT-enabled system can alert the authorities in advance.
- An IoT- enabled unified public transport system increases the operational efficiency of the system and the public can get an enhanced service experience.
The use of IoT in financial services and information-gathering is no less significant. Easy access to payments and real-time analyses, anytime from anywhere, provides immense convenience to users all over the world.
In healthcare, IoT is already making a huge impact on a global level. Smart sensors installed in hospital beds track all the vital aspects of a patient. These sensors also send an alarm to the nurses and doctors if a patient indulges in an act not medically permissible, or if there is any worsening of his condition. The use of IoT technology also allows doctors to focus more on their medical practice by saving them from administrative hassles. It also helps in reducing the workload of nurses to a great extent.
The role of IoT in the farming industry has become very essential of late. With the help of smart sensors, a farmer can assess the condition of the crops in real-time, get an analysis of the soil condition, weather forecast, and the way to proceed. All these yield to an abundance of crops with the least possible stress to the farmers.
Weather forecast systems are an integral part of the IoT infrastructure. Although a natural disaster can’t be averted, an IoT-enabled system can alert the authorities in advance so that emergency evacuation of people can take place and lives saved. Smart systems can predict an earthquake hours before it hits a region and also forewarn of a hurricane on a particular coast with its expected time and place. With timely inputs in place, disaster management can be carried out more effectively.
As is clear from its multiple uses, IoT not only increases efficiency and revenue but also provides the best products and services to users, and that too on time. IoT-based devices like Amazon Echo and Google Home are already a big hit among the consumers at a global level. More companies are now adopting IoT into their systems enabling them to be more responsive to customer needs and become a valuable participant in the evolving trend.