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IoT: How businesses can benefit from technology to increase efficiency and profitability

IoT: How businesses can benefit from technology to increase efficiency and profitability

Demystifying Internet of Things (IoT)

The Internet of Things (IOT) is the idea of having many more devices connected to the Internet than there are humans.

By its actual definition, this concept consists of a communication system connecting a variety of physical objects to the internet in order to collect and exchange data. These objects can be household appliances for example, vehicles, medical devices, sensors and many more.

Curious to learn more about this fascinating concept? It's right here!

Some basic notions to better understand IoT

Sensing-- or input

Sensing devices often contain sensors to collect data, such as those in heat pumps, electric stoves, cell phones, different detectors available on the market (smoke detectors, gas detectors, etc.) and refrigerators.

The input devices are used to download the collected data, powering an intelligent system efficiently.

Reaction -- or output

Many devices commonly used in modern households fall into the "reactive" category, such as light bulbs, switches, thermostats, doorbells and security cameras, for example.

A reactive device can also be responsible for performing a task based on an external input. In general, the decision is not made by the device since it should be kept as simple as possible. The outputs can also be driven by data from detection devices, which allows for more autonomous systems to be created.

IoT applied to industries

On a larger scale, IoT can also become increasingly useful and generate many opportunities within a variety of industries.

Indeed, the monitoring and automation of critical systems is becoming increasingly important to business leaders. The fast-moving Smart/IoT ecosystem is now applicable to fields such as urban development, agriculture and manufacturing.

Here are some promising IoT application possibilities:

  • Agricultural cultures could be maintained more efficiently and automated, based on ambient humidity levels.

  • Parks could be equipped with trash level sensors to ensure public places are well maintained by workers.

  • Heat sensors could be integrated into a factory worker's suit to detect unusual working conditions.

These are just a few examples of the endless possibilities that IoT integration offers through more versatile automation. IoT also has many benefits such as reducing operational, improving overall efficiency and optimizing business processes.

The IoT is constantly growing and evolving

Moreover, as the infrastructure is not fully available to support all types of projects, the best time to contribute to the innovation wave is now!

Smart devices have evolved dramatically over the past five years, yes, but the infrastructure is evolving just as quickly with the installation of 5G towers, new communication protocols, support for cloud systems, and the development of artificial intelligence.

However, there are concerns related to data security and privacy. Beslogic's expertise in cybersecurity is therefore a relevant service addition to consider if your company is thinking of implementing IoT. The IoT involves many other technology areas, so working with our experts can help you achieve your business goals more effectively.

 

 

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