In a nutshell, the internet of things is a concept of connecting any given device as long as it has an on and off switch to the internet and other devices. The IoT is a big network of everything- people and things, all of which collect and share a lot of data to iot companies about the way it’s used and the environment surrounding them.
This includes many things of all shapes and all sizes. It’s everything, from smart microwaves that automatically cook your food to self driving cars which have complex sensors to detect the objects that fall in their path to devices you wear which tell you the number of steps you’ve taken in one day to any thing at all that designs an excercise plan tailored to your body type. There are even footballs out there that can track how far away and how fast they are thrown. This data is then recorded via an app for any future training purposes.
How does it all work?
Objects and devices are built with sensors are connected to an internet of things port or platform which then integrates data from various devices and applies analytics to them to share the most valuable information in applications built in such a way so as to address specific needs.
These are powerful IoT platforms that can pinpoint exactly what information is required and useful and what can be ignored. This information is then further used to detect patterns, habits, make recommendations and then detect different possible problems before they even occur. For example, if someone owns a car manufacturing business, you would want to know what kind of optional components you would want. Whether you want alloy wheels or leather seats. When you use Internet of Technology, you can use sensors to detect the areas that are most popular in a showroom and where a customer hangs around the longest. Note down the data you have to identify which are the components that sell the fastest. Then you can further align sales data with the given supply to make sure that the popular items don’t go out of stock soon. This information then enables a person to be able to make smart and informed decisions about which components he/she can stock on, which further helps him/her save time and money.
With the kind of insight that is provided by advanced analytics, there is a power to make the process all the more efficient. Smart systems and smart objects mean that you can run a number of tasks especially when they are mundane, time consuming, repetitive and sometimes even dangerous.
Let’s understand this with the help of an example
Imagine waking up everyday at 6am to reach your work at 9. The alarm clock does the job of waking you everyday till one day something goes wrong. Your train to work is cancelled, you have to drive and the weather outside is as bad as it gets. You would now need to leave at 6.45 to avoid getting late to work. However, you as a human being cannot predict this. An IoT enabled alarm clock
from internet of things companies can reset itself based on numerous factors to make sure that you get to work in time. It can calculate the driving distance, estimate the traffic on the road and factor it in.