A basic, but important, question that many people might have in the age of modern technology: what is the Internet of Things (IoT)?
We see wearable devices and smart machines around us, which firstly gather data, then monitor activities and then enhance the output of activities based on the information accumulated. Smart gauges help control security for your household and take action based on any anomaly observed. Thus, the Internet of Things can be defined as the very future of technology that makes machines much more capable and efficient, which in turn makes our lives much more comfortable.
From the beginning of time, mankind has tried to evolve to improve its chances of survival and comfort. Today, we stand at the epitome of a new wave of technology, which can be directly attributed to the growing practicality and application of IoT. From the smallest of gadgets to enormous supercomputers, everything is connected in a network. It is predicted that by the end of 2020, every human being will have around 26 smart objects in their personal use, which is just amazing!
When was the term ‘Internet of Things’ introduced?
The term IoT was first coined by Kevin Ashton in the late 1990s. He is among the founders of the Auto-ID center at MIT. The term has stuck around since.
How do companies benefit from IoT?
Business organizations can take advantage of the Internet of Things in numerous aspects but to ensure that they are using their resources to the full potential, high-speed internet service is required. This is where Spectrum Internet comes in to save the day. The company offers various internet packages that are specifically designed for large, medium, and small enterprises. So, if you are looking to get a fast and reliable internet connection, then click here to reveal all the plans that are available in your particular area. With that said, let us shine some light on the benefits that companies get with the Internet of Things.
The cars we use these days have advanced exponentially from their basic models. Self-driving cars have been introduced in select countries. They are still in their testing phase, but it will not be long before the general public gains access to such technology. IoT affects transportation mechanisms around the globe. Tracking companies can control countless cars over the power of GPS. Automatic sensors are being installed along the highways, which can detect damage and ping the associated departments for countermeasures.
Companies in the telecom industry have gained immense benefits from the advancements in IoT. A major chunk of data circulates through these companies, like user profiles, as well as company profiles. Their preferences, complaints, logs, portfolios – all data streams are controlled by these telecom companies. Such companies thus hold an invaluable position in keeping the IoT properly linked across various mediums through several smart devices.
You go for a walk in the park or exercise at the gym, and you see a large number of people wearing or carrying smart devices to help them stay healthy. The IoT has bolstered almost all of the healthcare departments. However, this is just the beginning of the impact the IoT could have on healthcare. Nanotechnology is rapidly developing, and its prospects could revolutionize this field.
Retail is more of a give-and-take between consumers and sellers. The stores usually act as the sellers, while the general public acts as the consumer group. Inventory management and tracking are important tasks, which can be accomplished with the Internet of Things. On the other hand, consumers use smart gadgets that can assist them in getting recommendations, as well as reviews from different people across the globe, which can greatly help them in their decision-making.
Manufacturing is the industry that benefits the most from the advancements in the IoT. The entire process of manufacturing involves:
- Deciding upon the number of items needing to be manufactured,
- Collecting data after the items are manufactured
- Quality assurance
- Proper storage in digitally controlled environments
- Delivery of the items
As you can see, the manufacturing process is long and arduous, with many different phases.
Like any era, the digital era has laws and regulations that need to be enforced properly. Their enforcement, however, is relatively easier in the digital era, thanks to the networking capabilities offered by the IoT. Even the general public can have access to legal rules and regulations, thus having a better understanding of their rights and duties. Courts and authorities can work much faster and seamlessly with the advancing era, as it helps in confirming and re-confirming the information from multiple sources over long distances.
These are just some of the fields where the IoT plays an integral role for people from all spheres of life. The future applications of the IoT could be infinitely rewarding for all of us. Stay tuned for more technological updates.
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