IoT work’s easy with mobile application

After file sharing, e-commerce, and social media, the next generation of the internet is connecting things and devices: the Internet of Things (IoT). These devices range from sensors and security cameras to vehicles and production machines – we expect that there will be 14 billion connected devices by 2022.

There are many advantages of incorporating IoT into our lives, which can help individuals, businesses, and society on a daily basis.  For individuals this new concept can come in many forms including health, safety, financially, and every day planning.  The integration of IoT into the health care system could prove to be incredibly beneficial for both an individual and a society.  A chip could be implemented into each individual, allowing for hospitals to monitor the vital signs of the patient.  By tracking their vital signs, it could help indicate whether or not serious assessment is necessary.  With all of the information that is available on the Internet, it can also scare people into believing they need more care than what is really needed.

IoT can also function as a tool that can save people money within their households.  If their home appliances are able to communicate, they can operate in an energy efficient way.  Finally, IoT can assist people with their everyday plans.

Businesses can also reap many benefits from the Internet of Things.  IoT can be useful in many different categories including asset tracking and inventory control, shipping and location, security, individual tracking, and energy conservation.   As mentioned before, IoT allows for the communication between devices, commonly referred to as Machine-to-Machine (M2M) communication.  With this being possible, physical devices are able to communicate to people letting them know their condition and where it is located.  Devices such as trucks or ships allow for the maximum capacity to be filled by communication amongst devices and then relaying that information to a person to capitalize on the data supplied.  All of these combined maximize revenue by cutting cost of inefficiencies within the business.

IoT is the ability to track individual consumers and targeting these consumers based on the information supplied by the devices.  In a way, it provides a more “personalized” system that could potentially increase business sales and increases their demographic.

All aspects of the IoT are likely to be huge, if not ginormous!