What is The Internet of Things, or IoT?

The Internet of Things- IoT, for Short – It is all about data, is made up of devices that connect to the internet and share data with each other. IoT devices include not only computers, laptops and smartphones, but also objects that have been equipped with chips to gather and communicate data over a network. IoT refers to a system of interrelated, transfer data over the wireless network without human intervention.

The range of existing and potential Internet of Things devices is enormous. Consumers often use their smartphones to communicate with IoT devices, whether it’s a smart speaker or home appliances (Such as lighting fixture, thermostat, security system and cameras). Connected devices offer convenience, like helping you make a grocery list, or savings

It is even the basis of a new industrial transformation, known as Industry 4.0, and key in the digital transformation of organization, cities and overall society.

Internet of Things and the cloud:

The huge amount of data that IOT application generate means that many companies will choose to do their processing in the cloud rather than build amount of in -house capacity

IoT technology are successfully re-engineering business and modifying optimal ways of running them. These technologies affect nearly all the existing industries; healthcare, insurance, smart city, smart home, manufacturing, transportation and logistics, retailing and many more.

 IoT in Smart Cities:

Cities all over the world are becoming smarter, and that has everything to do with hyper-connectivity made possible by vigorously increasing Internet of Things. The vast network on which numerous linked devices share data that’s analysed and then acted upon to optimize condition in a variety of sectors.

Internet of Thing are being deployed throughout cities to measure and monitor everything from air quality to traffic and crime center.

IoT in healthcare:

Internet of Medical Things (IoMT) is an application of the IoT for medical and health related things, data gathering and analysis for research and monitoring. The IoMT has been referenced as “Smart Healthcare”, as the technology for creating a digitized healthcare system, connecting available medical resources and healthcare services.

IoT technology keeps patient connected to Doctors through virtual visits and remote monitoring, it helps hospitals track staff and patients, IoT automates patients care workflow, it reduces inefficiency and minute errors, it also optimizes the pharmaceuticals manufacturing process which can result in lower in medicines prices.

 IoT in Manufacturing:

Heavy industries like manufacturing are concerned with complex systems and processes management within and outside factories. Industrial Internet of Things platforms can not only uncover workflow inefficiency but also reduces them. These are the key improvements that IIoT platforms for manufacturing introduce:

  • Production Maintenance
  • Inventory Management
  • Industrial big data analytics
  • Predictive Maintenance

The IoT can realize the seamless integration of various manufacturing devices equipped with sensing, identification, processing, communication, actuation and networking capabilities.

Industrial IoT (IIOT) in manufacturing could generate so much business values that it will eventually lead to Industrial 4.0.

 IoT in Logistics/Transportation:

The rate of IoT adoption in the Logistics & transportation industry is already high and keeps accelerating. Investing in new technologies, transportation companies lower the cost of shipping or transporting and increase their operational efficiency. The latest trends in IoT

Transforming the way people and goods are transported:

  • Predictive diagnostics and vehicle maintenance based on automotive IoT.
  • Complete transportation telematics with vehicle-to-vehicle communication
  • Real time cargo Monitoring