The IoT system has many benefits for both companies and users. Thanks to all applications realised with the Internet of Things, general business processes can be monitored, employee productivity can be increased, different business models can be integrated and adapted, and much better business-related decisions can be made. With the IoT system, while saving time and money, much more income can be obtained at the same time. Thanks to the IoT, companies can re-evaluate their methods in approaching their markets and industries and develop different strategies.
What is the meaning of Internet of Things (IoT)?
The “Internet of Things” term was coined in 1991 by entrepreneur Kevin Ashton in the context of supply chain management, who is Executive Director of the Auto-ID Centre in Massachusetts Institute of Technology (MIT).
Internet of Things is a smart technology that describes smart and well-connected devices which communicate via networks or cloud-based platforms. These are basically the devices that operate flawlessly and allow things to interact and exchange data. With the IoT, the human factor has been eliminated, things got smarter.
IoT system offers a number of benefits to organisations that enable them to:
• To monitor general business processes.
• Improving the customer experience.
• Saving time and money.
• Increasing employee productivity.
• Integrating and adapting business models.
• Making better business decisions.
• Earn more income.
An industrial IoT system consists of:
- Intelligent entities that can detect, transmit, and store information about themselves. That is, applications, controllers, sensors, and security components.
- Data communication infrastructure, e.g., cloud.
- Analytics and applications and people that generate business insights from raw data.
IoT devices share the sensor data they collect by connecting them to an IoT gateway or other end device from the cloud where the data is sent to the cloud for analysis or is analysed locally. Sometimes, these devices communicate with other related devices and act on the information they receive from each other.
IoT and Big Data
Today, the IoT ranges from small home appliances to smart cities. Of course, the data generated here appears as Big Data. Big data created by making sense of the data used in the Internet of Things and analysing different data is very valuable.
E.g; Everyone was looking for a parking spot in the parking lot with their car. The signboards that are used in parking lots today and that read “FULL” or “EMPTY” at the entrance are one of the smallest examples that can be given to the Internet of Things and the big data that will be created. The sensors located here detect the vacancy and occupancy rate of the parking lot. When the ratio is analyzed with the time of day; data is generated that allows us to analyse the hours at which the parking lot is full or empty.
Where to Use IoT?
Today, there are more IoT-connected devices than the human population. These IoT-connected devices range from something as small as a pill to something as big as a plane. IoT has entered almost every business sector from agriculture to manufacturing.
In the consumer segment, the concept of “Smart Homes” is the basic example of the implementation of IoT technology. Homes are equipped with smart light bulbs, refrigerators, and thermostats and these devices can be controlled with computers or smartphones.
On the governmental side, the “Smart Cities” are getting popular by many municipalities. Smart streetlights, traffic control, and waste control can help the cities alleviate traffic, save energy, monitor environmental indicators, and allocate public safety.
To get “Smart Businesses/ Offices” the user-facing component of an IoT system is the website or application—and for users of an IoT device, the app runs on an iOS or Android smartphone and tablet, allowing users to connect, monitor, and control the connected device. So, the Internet of Things connects the devices and users with the learning of innovation.
With the IoT, you can count the number of people pass a path, when the workers enter the building, the temperature of the office, the level of the light, and whatever you want to control and learn. We are here to develop a user-friendly, fast and reliable application for you to improve your business.