internet of thingsIn today’s day in age, we tend to rely heavily on our smart devices and on the Internet to perform our daily tasks.  Automation and computing devices have become the foundation of our everyday productivity.  However, these devices are not synchronized. For example, we do not use our smartphone to make coffee each morning, instead we use one device for one thing, and a different device for another. But what if this suddenly changed and everything was interconnected allowing us to do multiple things faster by monitoring only one device?

Perhaps you have heard of the Internet of Things, or IoT, which has been a trending topic lately.  The groundwork for this blast of technology was developed 15 years ago by Kevin Ashton, cofounder of the Auto-IDCenter at MIT, who also coined the term “Internet of Things”. Although still in the early stages of development, the Internet of Things will bring a number of benefits to our everyday lives. But what exactly is it? The Internet of Things, refers to everyday objects, appliances, and devices which are connected to the internet, and as a result can send and receive big data.

How does it work?

internet of things analyticsThe devices gather data using sensors.  Then they communicate the harvested data to the cloud through a unique TCP/IP (also known as Internet protocol suite, which provides end-to-end connectivity and dictates how data is formatted, transmitted, and received). This will help industries conduct faster and more accurate actions, thus transforming how we manage things in our everyday activities, such as how we care for and control our homes.

IoT will improve the lives of consumers and individuals through constant connectivity, the generation of real time analytics, and constant access to consequential information where every device and system communicates with each other (the communication between devices is commonly known and referred to as Machine-to-Machine orM2M). This will change they way people interact with each other and with devices, where everything is smarter, more efficient, more productive, and can lead to new opportunities. The benefits of having the Internet of Things implemented into our daily lives are seemingly endless.

1. Internet of Things among the living and the non-living -an automated health care system

internet of things healthcareThe Internet of Things will not only be present in homes and everyday objects, but how about within our bodies?  Yes, that’s right. IoT will be used in living organisms such as plants, animals, and humans not only to collect data, but also to track illnesses, viruses, and monitor behavioral patterns. For example, chips could be placed on individuals such as hospital patients in order to monitor vital signs and help indicate what responsive action or procedure should be taken, while also notifying doctors and physicians of critical conditions before it’s too late to resolve them.

2. Preventing a possible car crash – a better and safer driving environment

Product safety has always been a major concern for certain industries, especially the automotive industry.  Driver safety is being revolutionized through the implementation of smart devices in vehicles that gather internal data that is translated into metrics and insights regarding driving behavior such as vehicle speed and movement, steering and wheel position, and the analysis of the accelerator and brake system. This means the vehicle remembers the driving behavior and acts upon that data, predicting and preventing car accidents. The sensors also track the movement of the car and are able to detect if there is a crash, immediately notifying 911.

internet of things customer of service3. Forget about  “Please hold for the next available representative…”- Improved customer service

With the Internet of Things, customer service will plunge into a whole new and improved personalized level. Using an automated and centralized platform that analyzes real time analytics, support will rely on M2M, rather than customers dealing with customer support. Customer service will better understand costumers allowing them to discover problems before they are reported, which will lead to increased efficiency and greater customer satisfaction. The Internet of Things’ ability to generate real-time information allows customer support to address potential issues before they become noticeable problems.

4. Less spending, more saving

If you implement IoT, it is likely that you will save yourself and your business some dollars.  Real time monitoring of data provided by sensors in industrial equipment and household appliances can be used to reduce energy and water consumption, and allows for other additional opportunities for cost savings.

5. Do more for less – increased productivity and revenue

internet of things m2mIoT will allow for an increase in productivity and an increase in revenue. With the Internet of things, products will be able to communicate where their condition and location and companies can capitalize on the data gathered from the objects. Many different industries will engage in enhanced automated workflow, product tracking, inventory control, and energy conservation, all within and through the network. Currently, there are individuals monitoring consoles trying to depict and guess what is happening in the business ecosystem, and then guessing how to best resolve the action. However, when the industrial process becomes automated and monitored in real time, this will not only increases operational efficiency but will allow devices to make decisions and solve problems without any human guidance or interaction- saving both time and money. Manufactures will be able to produce more in less time for less money, using less energy. The Internet of things improves industrial operating reliability, while also providing a fine-tune knowledge about your ecosystem.

If you want to recap the benefits of the Internet of Things for your business, click here for Huntleigh’s  Machine- to-Machine Introspective Power solution.