With advent of e-commerce,
and social media, the next big
thing of the internet, is
connecting things and devices
i.e the Internet of Things (IoT).
It is connecting any devices with on and off
switch to the internet or to each other.
The Internet of Things is the big network of
physical objects like devices, vehicles, buildings
and other items which are
connected with electronics, software, sensors,
and network connectivity that enables these
objects to collect and exchange data.
▪In the past when car used to broke down mechanic used to
come and fix the problem. But now there is a computer which
automatically conducts the diagnostic.
▪In parking also instead of accepting a payment manually now
parking kiosk now process credit card, sense when parking slots
are available and also accept remote payment when to extend
time. This cut down on time, traffic jams, fuel cost and most
▪Power grid’s devices can share information through ITO in real
time to distribute energy more efficiently. With IOT consumers,
business gets the information they need to manage their energy
Manufacturer required all the data from suppliers and vendors.
IOT helps manufacturer to evaluate and analyze the data from
every link of supply chain which helps companies to increase
efficiency, keeps production running smoothly and it helps to
reduce the cost.
▪With IOT healthcare industry is transforming big time. It is
transforming in remote patient monitoring, personalizing
treatments and lowering healthcare cost.
Retail industry is using IOT to provide personalized shopping
experience that keeps shoppers coming back again and again.
With digital signage, modern and intelligent vending machines,
secure debit and credit payment methods, personalized point of
sale shoppers shopping experience is very unique.
Though this is the oldest and least technical industry it is not
immune to IOT. Now farmers are also using sensors to increase
farm yield, monitoring devises to see rain patern, sensors for
IOT will continue to develop collaboration between high end
and low technological world.
There’s no doubt that IoT will soon establish itself as a
dominant technology in our world with endless opportunities
and connections to take place.
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