IoT (Internet of Things)
This year’s biggest trend is the IoT and it rises to “fame”. The Internet of Things is basically the extension of internet connectivity and its availability to physical devices and objects used every day. These devices like our smartphones, tablets, iPads, and surface pros are all set up to connect and interact with others over the internet. This doesn’t just stop at our own personal devices. IoT also refers to machinery that can be watched remotely along with being controlled remotely too.
At a consumer level IoT also refers to smart homes that are equipped with smart thermostats (i.e. Ecobee, Nest, and Honeywell Home) that can be controlled by your phone. These devices also monitor your use and can learn your schedule so that you don’t necessarily needs to touch the thermostat.
The whole idea of this is to allow people to transfer data over a network with the human-to-human interaction. This is a system of interrelated devices like machinery, objects, or people. The data that is being transferred and created is now then accessible through the company’s network.
Having the ability to access and monitor devices over the internet can save employers time and energy. Decisions can be made by providing live information that is crucial in order to make small or large decisions.
IoT provides a tool for companies to improve their overall business strategies. Saving time and money on processes that could be communicated through multiple employees before action is actually made. The ability to monitor all business processes allows for more precise decisions to be made and allow for real-time data access.