What is IoT
Before we look into this all-important question, we need to understand: what is IoT? To simply put, IoT (or "Internet of Things) is a network of communication devices where every unit interacts with each other to deduce the best outcome without little or no human intervention.
Need an example? Here's one! Consider you are driving back from the office and it's a hot summer day, you drive into your alley and just as you approach, you find the garage door opening by itself. You park the car smoothly and enter a cool house with the air-conditioner running at your preferred temperature. A few minutes, your spouse enters the home as well. Apart from the two of you, no one else lives at this place.
Then, how come the garage door and air-conditioning started functioning without any human help? Well, it's because of IoT.
As you were leaving, the software in the car informed your connected home devices about your expected arrival through the internet. The appliances then calibrated according to the provided information.
The door measured the distance and the expected time of arrival. The air-conditioning system also adjusted the temperature to your liking.
All of this happens without any human interference—and with the help of internet, cloud computing, machine learning, and artificial intelligence.
This brings me to the actual question of “why should you use IoT?”
In order to build a sound case, I will provide 3 good reason for investing in IoT technologies and solutions.
To run a successful IoT setup, a trove of data is essential. This data enables the intelligent software behind the connected devices to make valid decisions. Many will argue that how will the IoT work at the beginning when there is no data. In such cases, the software can predict an actionable path by using a set of already available datasets.
<For example, the air conditioning system inside your home can correlate between how hot (or cold) it is outside and what might be the best temperature for a human being sitting in the particular room. This way, it could start building a set of data patterns. With more usage, this system will be able to meet your expectations almost every time.
IoT is a step towards process automation as it eliminates the human attention required for mundane, routine-like tasks. At present, you will at least one person to open the gate and ensure the air-conditioning works the way you want. Let’s say you pay this person $100 dollar each month. With IoT, you can automate these tasks and reduce costs at virtually no cost. Plus, there are no sick days!
Minimal Human Involvement
From its initial days of execution, an IoT system is not labor intensive. For implementation, you will only require a few experts. After that, the IoT system will only require a set of eyes for monitoring to check if there are any disturbances. In many cases, most basic “irregular” performance issue can be handled by the system itself as many modern-day IoT operations come with self diagnostic and healing properties.
IoT is the Future
Over the past few years, investments in IoT are steadily increasing. According to data analysts at IDC, the global spending on such systems will touch $1.29 trillion by the end of 2020. The automobile industry will benefit greatly as Business Insider predicts 75% of all new cars to be IoT-enabled by the end of this decade. Worried about the loss of employment? You shouldn’t. The Smart City Barcelona has created more than 47,000 new employment opportunities while optimizing the usage of city’s resources.
Internet of Things is here to make an impact in your lives and we provide customized solutions according to your needs. With of this technology, life will only get better.