How the IoT will save your business

Any events taking place in the world have an impact on business. Only companies with a good margin of safety have a chance of survival. Those who have managed to reduce their costs and increase their income by many times.

IoT is what it is.

IoT is the Internet of Things, a network that unites all objects around us. Iron, car, refrigerator, bus – all these things “communicate” with each other. In this case, a person is not involved in this communication, he just sets a goal, but does not program how to achieve it. The task of the system of Internet things – to make human life comfortable. It does not need programs, it analyzes and predicts the user’s actions.

IoT Features

  • Escorts all human actions.
  • The system is result-oriented.
  • The user sets a goal, not programs the actions.

How it works

There’s a device at the head of all this. It controls the devices in the house and collects information. This is IoT, the smart house. Devices are connected to each other and form a single system that helps people wherever they are. This is a smart city. As you can see, the Internet of things is much more than just a “smart” fridge, which itself orders groceries in the store.

At the heart of the Internet of Things is the technology of inter-machine interaction (M2M). This is when machines use mobile networks to exchange information with each other or transfer it unilaterally. M2M technology is used in health and safety systems, in production, housing and utilities, energy, banking systems.

The system of industrial internet of things is arranged in a similar way:

  • Sensors and readers. They collect, check, analyze and send information.
  • Mobile communication, wi-fi.
  • Special platforms that control applications, devices and analyze data.
  • Programs and mobile applications. They process information, create predictive models and manage devices.
  • Security control. A key component that is responsible for the security of all processes.

Do we really need the internet stuff

IoT technology is not only convenient. Although the ability to delegate all routine tasks and processes to the system is expensive. Above all, it is security and control. Wherever you are, you have complete control over your home. On a city scale, the benefits are even clearer: technologies can optimize city transportation or utility costs.

Even now, the industrial Internet affects virtually all areas of life and business:

  • Manufacturing sector. Factories, factories and private shops.
  • Public administration. This includes solutions that help authorities work more efficiently and ensure the safety of residents.
  • Solutions for home and city.
  • Cross-industry. IoT solutions, which are used in all areas.

How the industrial Internet of Things will Change Business

IoT in Agriculture

Nowadays, in most farms in the agricultural sector all mechanisms are operated manually. Fertilizers are applied to the eye, and fields are treated by pests either on schedule or when the pests have already started to destroy the crop.

The introduction of IoT changes everything drastically. All mechanisms are equipped with sensors. When a tractor ploughs the soil, the sensor analyses the soil condition in a specific area, the system calculates the necessary amount and type of fertilizer and applies it to the ground.

IoT in Industry

Implementation of IoT in plants and factories will reduce the number of employees, maximize the use of resources and increase income by several times. For example, they can be used in factories to correctly allocate orders and load existing equipment to 100% without downtime.

Industrial Internet of things has a huge potential. Implementation of this technology allows saving on maintenance and repair of equipment. Traditionally, repairs are carried out on the principle of “broken – repaired”. Small breakdowns master does not always notice, as a result of which the mechanism may fail for a long time.

IoT in Energy

Counters, which transmit the readings themselves and show the consumption for each electrical appliance, are beneficial for both the service provider and the consumer. Heating, which switches on an hour before you get home, saves up to 50%. All this makes human life not only more comfortable, but also allows you to spend energy resources economically.

IoT in Healthcare

In medicine, the Internet of things will move to a completely different level of diagnosis and treatment. Special nanosensors and “smart” devices will monitor patients in real time. If necessary, for example, when blood sugar increases, such a system can immediately administer a drug. New technologies will prevent heart attacks and strokes, blood clots and heart attacks.

How IoT technology helps businesses develop

IoT helps to understand customers and thus improve service. Thus, Rolls Royce receives data on how airlines use its engines. Samsung also receives user data from its gadgets. It uses them to improve its products. So far, this is just the beginning, but in the future any business can better understand its customers.

IoT creates new value for the consumer. A company that uses new technologies offers a qualitatively different product. For example, John Deere produces unmanned tractors for agriculture. In addition, his equipment is equipped with sensor sensors that monitor soil conditions. The right fertilizer is applied in the right amount. There are only a few of these on the market, and they are in demand.

IoT optimises the business processes. The business owner receives data from the IoT devices in real time and can immediately adjust the business processes

Implementing IoT increases the profitability of your business. The information collected by smart gadgets helps to develop business in the right direction. This information helps to control and properly allocate all company resources. In addition, the data collected in this way can be a source of additional profit.