You might be familiar with the fact that the impact of IoT on both small and medium sized businesses is going to huge, since the internet of things (IoT) can be applied to numerous industry verticals such as logistics, communications, production processes, and security. Another reason behind this is lower implementation costs affirms Daniel Sanhueza, a brand consultant at Fixer, a Chile based Digital Communications and Marketing firm.
According to the U.S. Technology firm Gartner, around 10 billion internet enabled devices were in use in 2015, and by 2020 around 34 billion devices would be internet enabled, of which 24 billion are expected to fall within the ecosystem of IoT.
It is imperative for small and medium-sized enterprises (SMEs) to make the most of IoT and reap the benefits that this technology has to offer to become more efficient and productive. Also, IoT can be used to make your business stand apart from the crowd.
The variety of products, services, equipment that the Internet of Things (IoT) covers is still mind-boggling. From an intelligent IoT device that provides real time data about soil composition, soil nutrients, pH, moisture, and more by placing the device in the soil, to a smart tracker used on cows to determine when cows go into estrus phase to improve the calf production rate, to multifunctional robots, refrigerators, microwave, and air conditioners managed through smartphones. Practically any object can fall within the ecosystem of the IoT and can be a part of this technology by incorporating a bit of intelligence though a computer and assigned with an IP address to collect, transfer and exchange data over a connected network.
Let us classify the real life applications of IoT in two different categories, on the one hand, everything relating to devices used by humans in their day to day lives, and on the other hand, everything related to providing possible solutions to SMEs so they can optimize their process and work more efficiently.
Retail: In retail, IoT can be helpful for protection against theft and also help business in marketing, transactions, communications and more. For example, by sending personalized offers to particular customers based on their shopping behavior, or using sensors for increased security at exit.
Manufacturing Industry: Internet of Things (IoT) can provide manufacturing units real-time equipment performance monitoring, evaluate energy use, assess the availability of materials, and increase efficiency of supply and demand chains. This way, manufacturing owners can monitor and analyze real-time data and adopt - or change - production strategies to improve the productivity.
Health: Many healthcare units across the world are taking the advantage of IoT to reduce costs and raise the quality of care for patients through data management.
From this you can see that the impact of IoT is going to huge not only in SMEs, but almost in every industry. Thus, it is wise to say that it is right time to make a career in IoT.
According to the U.S. Technology firm Gartner, around 10 billion internet enabled devices were in use in 2015, and by 2020 around 34 billion devices would be internet enabled, of which 24 billion are expected to fall within the ecosystem of IoT.
It is imperative for small and medium-sized enterprises (SMEs) to make the most of IoT and reap the benefits that this technology has to offer to become more efficient and productive. Also, IoT can be used to make your business stand apart from the crowd.
The variety of products, services, equipment that the Internet of Things (IoT) covers is still mind-boggling. From an intelligent IoT device that provides real time data about soil composition, soil nutrients, pH, moisture, and more by placing the device in the soil, to a smart tracker used on cows to determine when cows go into estrus phase to improve the calf production rate, to multifunctional robots, refrigerators, microwave, and air conditioners managed through smartphones. Practically any object can fall within the ecosystem of the IoT and can be a part of this technology by incorporating a bit of intelligence though a computer and assigned with an IP address to collect, transfer and exchange data over a connected network.
Let us classify the real life applications of IoT in two different categories, on the one hand, everything relating to devices used by humans in their day to day lives, and on the other hand, everything related to providing possible solutions to SMEs so they can optimize their process and work more efficiently.
Retail: In retail, IoT can be helpful for protection against theft and also help business in marketing, transactions, communications and more. For example, by sending personalized offers to particular customers based on their shopping behavior, or using sensors for increased security at exit.
Manufacturing Industry: Internet of Things (IoT) can provide manufacturing units real-time equipment performance monitoring, evaluate energy use, assess the availability of materials, and increase efficiency of supply and demand chains. This way, manufacturing owners can monitor and analyze real-time data and adopt - or change - production strategies to improve the productivity.
Health: Many healthcare units across the world are taking the advantage of IoT to reduce costs and raise the quality of care for patients through data management.
From this you can see that the impact of IoT is going to huge not only in SMEs, but almost in every industry. Thus, it is wise to say that it is right time to make a career in IoT.
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