IoT, abbreviated Internet of Things, is a network of physical devices embedded with electronics, software and sensors enabling such devices to generate and exchange data. Internet of Things further enables such devices not only to generate the data, but also to control the device based on such data.
It enables to obtain real-time data actually at any time and from anywhere.
In practice, this means that you can check performance of your production line on your mobile phone at any time and predict failure rate of machinery or operatively plan production. Or you can have an overview of where any vehicle of your fleet is at the moment, what the storage temperature of transported foodstuff is and again operatively manage sudden situations.
There are numerous examples. It is a general fact that IoT is currently used the most in retail, industry and logistics, but this trend is growing, affecting more and more industries. The experts estimate that Internet of Things will comprise about 30 billion devices in 2020.
Would you like to see a practical example of IoT use in retail and in industry? Click HERE.
3 IoT opportunities in your company:
Benefits of IoT in companies:
- Higher revenue
- Competitive advantage
- Reduced costs
- Possibility to plan based on real data and operatively respond to current events
- Improved user standard to be appreciated mainly by your clients
IoT is a way to perfect user experience and manager feeling.