What is IOT (Internet of Things) – Usage, Benefits & More

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What You Will Find In This Article

 

1. Introduction to IOT

2. What is IOT (Internet of Things)

3. How IOT Works

4. What are the benefits of IOT

5. Trends/Innovations in IOT (Internet of Things)

6. How Mobile Apps sync with IOT concept

7. Conclusion

 

Introduction

 

As new concepts develop about what IOT is and how to best implement its application in our lives through the products we use. It is increasingly becoming the talk of the town. So how can you too become a part of the fast-changing trend through this technology? We explore what, how and whys of IOT! It will be interesting to also look at the various uses of IOT and how it is assisting our technological generation to further penetrate the vast world of possibilities.

 

What is IOT?

 

The Internet of Things is the network of smart devices like phones, computers, vehicles, home appliances, etc. which are embedded with sensors, software, actuators, and connectivity which makes communication possible between the devices.

 

The total installed base of the Internet of Things (IoT) connected devices is projected to amount to 75.44 billion worldwide by 2025, a fivefold increase in ten years.

Statistics Source:Statista

 

To simplify the whole concept of IOT is to give you some examples with areas of its applications. Here are these for a better understanding of the concept. Internet of things examples includes smart connected homes to wearables. Other examples of IOT include different tools that are used today to facilitate the treatment, accurate data for analytics in addition to machine learning that encourages the quality improvement in products, IOT (Internet of Things) enabled Smartlock that can increase the level of safety and control over the home, Smart-mirror that does multiple jobs like showing date, weather conditions and notifications so basically you end up talking to your mirror, thanks to voice search feature, rather than ‘looking’ at it!

 

How It Works

 

The Internet of Things (IoT) consists of all the web-enabled gadgets that accumulate, send and operate on data they acquire from their surroundings with the help of embedded sensors, processors and communication hardware. You might want to refer to these devices, as “smart” devices, that actually communicates to other associated devices, a process called machine-to-machine(M2M) communication, and act as per the information received.

This technology also opens up doors of a level of real-time communications that machines can have to further enrich their usage to humans.

 

What are the Benefits of IoT?

 

 

 

IoT (Internet of Things) expedites engagements and interactions at many levels. It gives a great amount of Automation and Control. IoT also lets in more information in one place that helps you make better decisions. Real-time monitoring enabled

 

• Interactivity and Customization
• Monitoring
• Efficiency
• Valuable Insights

 

Interactivity and Customization

 

Due to the fact that all the devices are controlled digitally and centrally with wireless facilities, automation and better control automatically step in the system. This is also effective due to minimal human intercession. The capability of customization in such devices are infinite depending on the requirement and this allows the same time to be allocated in other projects. iOT also boosts productivity for the same reason.

 

Monitoring with iOT is easy and more efficient

 

Monitoring with iOT is another great advantage. Knowing the exact quantity of supplies in your pantry or the required room temperature in your home can further provide more information that is difficult to collect without having an intact system. For instance, knowing that you are low on milk or printer ink could save you another trip to the store in the near future. Furthermore, monitoring the expiration of products can and will improve safety.

 

Efficiency and iOT are synonyms in technology

 

Machine to machine interactions have lesser no. of errors compared to human interactions. This helps to consume time in more important assignments efficiently.

 

Maximum utilization of resources leads to money-saving possibilities depending on the idea and nature of your utilization process.

 

Valuable Insights help you make better decisions

 

Improving any given industry by providing accurate and valuable insights to generate more actionable decisions in order to enhance your business operations is a big factor! The amount of automation and effective execution that allows better organization makes IOT a better choice over other technologies.

 

What are some latest Innovations/Trends in IOT?

 

Now, let’s look at the major trends in IOT technology

• Cloud Integration
• Edge Computing
• User Experience with IOT
• Artificial Intelligence lead IOT

 

Cloud Integration

 

Private and hybrid environments are defining the new multi-cloud atmosphere. Connected clouds are gaining vibrant impulse to meet the needs of enterprises whenever they require cloud-source storage, networking, security, or app deployment. These eliminate the need of having physical placements of devices to store data and thus pushes comprehensive use of “cloud-space”.

 

Edge Computing

 

Here is a simple explanation of Edge Computing for those who don’t know what is Edge computing

Edge computing, the type of structure where a network stores data in micro-centers for processing, offers a cheaper and often a more effective solution for data handling. Part of the data is stored locally next to the corresponding IoT device that makes it readily available when needed. In this way, the traffic on the network is reduced and bandwidth costs are minimized.

 

User Experience Enhancement with IOT

 

Using IOT to improve our climate, local community and healthcare sector have sped up. It is efficiently working in many ways to improve the quality of the surroundings we live in. By using a lesser amount of human interaction IOT is enhancing the way user treats her/his everyday issues.

Do You Know? In Oakland, California, an environmental sensing startup called Aclima has partnered with Google and others to reduce pockets of pollution using IOT. Read How >>  Here

 

IOT is connecting patients in order to provide them with the best healthcare. Increasingly, technology is also helping doctors and other medical professionals observe the wellbeing of patients who live alone. Sensors, or even robotic assistants, can inform caretakers of missed medications or bedtimes!

 

IOT development driven by AI

New advancements in the field of AI and Machine to machine learning will overpower and drive the increasing complexity and advance of IOT. AI will also be playing a huge part in the security functions of IOT databases.

 

The Role of Mobile Apps

 

Mobile applications perform several actions and cover a large area in terms of technological advancement. Today you use mobile apps to track your daily activities, do your homework, send commands to electronic devices and switch on appliances. The most influential combination of mobile apps and IOT would be wearable devices with apps that monitor well-being and health stats in real time.

 

 

 

As many of us are already aware that we are now switching to 5G consumer-ready networks. This further involves mobile apps proactively in the league.

To further explain what is iot and few examples – IOT sensor-enabled constructions, smart vehicles, appliances, and devices; or, wearables like the Apple Watch, Google Glass, or Fitbit. There is no hidden fact in how mobile apps are already being the bridge. IOT is helping globally-thinking enterprises trying to reach a wider audience with the latest in technology.

One of the reasons why IoT is fast becoming a mainstream technology is due to the reason that smart devices come with new-age features like geo-location and multiple connectivity options like NFC, WiFi as well as Bluetooth. These qualities in our mobile devices make sure to put IOT at center stage in the system.

 

Conclusion

It is clear that IoT networking architecture is here to stay since it provides infinite possibilities ranging from improving the environment to controlling our healthcare systems. I hope this clarifies the question of what is iot for you folks. And then there are benefits of IOt are not limited to big enterprises but it stretches to regular people. The future of IOT probably depends on how humans refine it and integrate as much as possible! Home automation itself is a large market for IOT. 

 

About MageNative –

MageNative, a child company of Cedcommerce, offers a variety of mobile solutions and has a vast, global client base. The company deals largely in customized m-Commerce developments.

The company has a full-fledged research division, which constantly strives to create state-of-the-art solutions for eCommerce store owners looking to expand into mobile commerce.

Visit: MageNative Mobile App Builder