We unconsciously generate data at a break-neck pace every day.
Think about it; our smartphones have the capability to track each step we take, and every swipe we make, while smart watches can sense our vitals and store it in a wide data set. Google can signify our location with just one click, and media advertisers can figure out our hobbies, where we’re planning to go for a vacation, and even what items we’re interested in purchasing.
According to Consolidated Technologies Inc, an IT service provider based in New York, there are 2.5 quintillion bytes of data born every day at our current pace. Surprisingly, it’s not showing signs of slowing down anytime soon, as the rise of the IoT Internet of Things has kept us connected with each aspect of our lives.
One integral aspect that has witnessed a great impact thanks to IoT technology are businesses. No matter what industry, our current love affair with IoT has fueled a tremendous transformation in how businesses operate.
Whether it’s a simple act of using smart LED lights for a greener work environment, or something more complex like utilizing artificial intelligence to provide quality control over products and goods. IoT is always present.
So, if you’re wondering exactly how IoT technology has affected businesses, the short answer is “in every way possible.”
Hence, with the colossal amounts of data generated every single day thanks to IoT, it becomes integral to understand exactly how IoT solutions helped elevate and advance businesses to where they are today.
For instance, when COVID-19 took over worldwide headlines, limiting physical contact between individuals was offered as a quick fix thanks to IoT solutions. “From new payment methods to automatic temperature and health screening upon entry, IoT can significantly decrease the need for contact,” according to Consolidated Technologies Inc. (CTI).
A great number of businesses also utilized IoT technology to monitor and keep an eye on any infections. “They might use sensors to assess how many people are in a certain part of the building and increase disinfection practices. They can also track the temperatures of incoming guests to monitor risk,” CTI added.
Pandemic aside, there have been endless ways to make use of IoT platform in businesses.
Let’s look at what almost every fitness junkie is wearing on their wrists, an activity tracker for physical and health benefits. These devices, made by companies such as Fitbit, Nike, Apple, Samsung, and Garmin, have the power to track every movement the wearer engages in, including steps or stairs taken, hours slept, and distance traveled.
Physiological parameters such as pulse and blood glucose levels are also accurately monitored, logged, and analyzed. Described as one of the most popular IoT creation, their potential benefits came as nothing short of a breakthrough.
Large cities are now relying on IoT for powerhouses, while security is improving everyday through robust IoT solutions that can help track and fix vulnerabilities.
“Large manufacturing operations can connect every machine in the facility to a remote monitoring system. Utility companies can remotely collect data from smart meters and connected infrastructure. Health care devices can use IoT to communicate a patient’s status to physicians. Farmers can optimize their harvest with IoT analysis. It’s an extraordinary asset to many businesses,” CTI noted.
Without a doubt, IoT has revolutionized not only the business sphere, but the way we maneuver our day-to-day tasks. If you don’t have an IT specialist as part of your business team, what are you waiting for?