The Internet of Things has been hailed as the next big thing since the advent of the internet and its not difficult to see why; as technology grows, integration between software and hardware becomes more advanced and innovative, it’s inevitable that IoT will have a big impact on our lives and the way we approach tasks; making it easier, comfortable and better in general.
The changes IoT has already made has been major, according to Applied Vision “the number of connected devices expected to grow 12% each year, increasing to 25 billion by 2020 and 125 billion devices by 2030, estimating that IoT spending will reach $772 billion in 2018, representing an increase of more than 14% from 2017.
Improved Transport System – Traffic congestion has always been a problem for cities, but thankfully, there are a few IoT solutions to tackle; stoplights with sensors for determining position, traffic data analytics used for analyzing each car’s behavior or transmitting vehicle related-data to city traffic management centers to help create improvements. Better organized traffic systems mean a better flow of vehicles on the road, less idling cars, buses or trucks in traffic jams.
Industrial growth -. The IIoT will reform manufacturing by empowering the procurement and accessibility of far greater amounts of data, at far more prominent speeds, and much more effectively than before. Various innovative organizations have begun to execute the IIoT by leveraging intelligent, connected devices in their processing plants.
IoT solutions encourage healthy lifestyle – There’s still a long way to go for this, however the first important steps in achieving this goal have already been done; healthy habits, proactive condition monitoring, and early disease detection and prevention, as we know, make it much easier to increase life expectancy and enjoyment.
Safer cities – Given the critical importance of security in cities, innovations in the IoT are increasingly improving the safety of city inhabitants. New services such as remotely connected CCTV and automated incident detection allow a quicker response to threats. IoT led crowd management system helps protect city inhabitants in busy, crowded areas. Smart street lighting, which helps lower crime rates and improves driving conditions, is another example of the measures city planners are taking to improve people’s safety.
Better retail experiences – The integration of IoT solutions will enable retail companies to create a successful marketing campaign based on customer behavior, deliver high-quality services, improve inventory management, and reduce operational costs.