Internet of Things as Business Solutions

Internet of Things as Business SolutionsThe wide popularity of Internet of Things (IoT) and its typical presence nearby to any modern individual make it one of the major drivers creating attractive opportunities both for the individuals and economies that are derived from the information generated by it. Economic benefits of IoT consists but not limited to efficiencies in communication, control over nearly anything and cost savings which have direct influence on business processes, quality of our lives and even how the customers are retained (mostly by behavioural data).

IoT is expected to have an immediate impact on Human health, fitness and productivity; Home appliances; Retail businesses; Corporate offices, Production plants and Worksites; Vehicles; Cities and Localisation services.

If we walk through each of these with short examples: imagine a user with the fitness tracker. Active hours of the day are collected in a data sheet. Activity intensity is captured and through the built-in gyroscope and GPS; we might have some guess for the activity type the user was engaged in as well as the user’s whereabouts throughout the day. Probably this user has registered a dashboard for him/herself in the cloud where we can collate age, weight, occupation and other personal information together. Or you can expand this example to a heart patient whose heart beats are being monitored continuously by his physician and an alert prompt is available.

At home, usage of IoT is way beyond thermostats now. If your egg rack in the refrigerator is short of eggs, your refrigerator can send you messages around the off-work time to replenish eggs as a reminder. In retail, it is possible to gauge the crowds, have a clear understanding of walking traffic, in-store traffic, restroom usage, personalised promotions and so on. Similarly, corporate offices, production plants and worksites may have increased productivity as well as better employee health and safety protocols.

Your vehicle may prompt the tow service in the event of a breakdown; extract driving logs for traffic authorities’ review (similar to black boxes of aeroplanes) and even get firmware update over the air without a need for you to spend half days at the weekend at dealer’s workshop. Increased water quality, water collection processes, enhanced street lighting, better traffic flow management are only a few of large action sets that IoT has to offer for smarter cities. Especially while during our era where tracking of airplanes, ships and other vehicles are one of the utmost importance to us as well as authorities, IoT has a solution to it.

While all these examples excite us, one of the future aspects that academics predict is Web of Things where control of smart devices might be operated through the web. This is as exhilarating as it also seems a little far to present day. But never say never, right?

To wrap up; huge opportunities are expected to blossom both for economies and individuals. As IoT by nature does not have any boundaries like data; actionable, logical and marketable data size forming through systems, sensors, control mechanisms, communications will be enormous. This is where today’s lifestyles and business models are prone to change. IoT’s already amazing penetration to individuals is no longer negligible as it is becoming a permanent part of today’s modern technologies.

If safety, security and privacy concerns are addressed appropriately, IoT will offer seamless decision-making to businesses. And you know what? It’s already started happening now.

So, isn’t it better to get started learning about IoT now and discover more about IoT and its involvement into our present lives? The IoT Academy has plenty of good courses to choose from and caters a wide range of audience from all ages to meet the future. Hurry, contact us now to find out more!


The Internet of Things: Giant in Jack and the Beanstalk

Internet of Things (IoT) and the GiantLadies and Gentlemen, please welcome The Internet of Things (IoT) to our lives that have enormous potential increasing the quality of life, enhance the productivity and performance of systems and processes that in return will save valuable time for everyone and every corporate body.

So, what exactly is IoT? Is it a giant in Jack and the Beanstalk living above the clouds? Not really. It is simply the common term used for ordinary daily objects that are linked with Internet connectivity and have functions to collect, store and act on data. IoT enables objects to connect with humans. Think of your game console, mobile phones or fitness trackers. It uses some sensors to attribute data into meaningful insights. For example, IoT devices may use temperature, location, vibration, motion, date and time information. This is highly important to make the data meaningful and actionable by companies. IoT devices can communicate with other IoT devices too. For example, if your mobile phone’s location data informs your home water heater for your whereabouts, your bath water will be ready by the time you reach home. So, what is IoT device? Any device that has on/off button and has internet connectivity is an IoT device. There comes the importance of wireless technologies as it will not be practicable to physically wire everything around us. If you realised by now, IoT exists for three main purposes: help us save time, utilise resources more efficiently and open doors to new innovations. Recently, you might have heard “Smart Health”, “Smart Living”, “Smart Cities”  phrases a bit often, right? This validates the purpose of IoT’s existence.

IoT systems typically depend on software, hardware and architecture. Hardware includes widely used technologies like RFIDs (i.e. the sticker on your car’s windscreen allowing you to enter in your carpark), NFCs (i.e. your public transportation card that you can also use to pay at your favourite fast food restaurant), sensors (i.e. dimming lift lobby lights when nobody is in the vicinity). Software steps in to form a logical, valuable, marketable data based on hardware’s input. Some researchers defend that IoT itself is not a technology but an aggregator partnering various technology and capabilities be it physical ones or virtual. To fulfil its functions, IoT will first need to communicate then identify, address, sense, actuate, tally or embed the information, localise and finally present this augment in a cosmetic way (user interface) to the end user.

So, isn’t it better to get started learning about IoT now instead of waiting for the Giant at Jack and the Beanstalk? The IoT Academy has plenty of good courses to choose from and caters a wide range of audience from all ages to meet the future. Hurry, contact us now to find out more!