Why Does Internet of Things Matter?

Dec 1, 2021
4 min read

The Internet is a revolutionary invention. Today it is very vital to us, without which we cannot function any further. The Internet has the power to build things or destroy them in seconds. Today let's learn something unique about IoT - the Internet of Things. In simple terms, the Internet of things refers to various ‘things’ connected to the internet for data sharing purposes. IoT applications or devices related to the Internet using built-in sensors to collect data and sometimes act upon it. Devices and machines connected to the IoT can improve the way we work and live. Smart houses that automatically change heating and lighting are practical examples of the Internet of Things, as are smart factories that monitor industrial machinery for faults and make adjustments to prevent failures.

One founder of the Auto-ID center at MIT and an entrepreneur, Kevin Ashton, first coined the name ‘Internet of Things', during his presentation in 1999. From then this has created quite a buzz and has stuck in everyone’s head. According to reports, we have more IoT devices connected today than the population of humans in the planet.  It has made lives easier. There are multiple advantages if devices are connected. Let’s learn a few now:

Help with decision-making:

Humans are always confused. Everyone is worried about their race in this busy world, and none have time to think even. IoT-connected devices come into play in these kinds of situations. With additional sensors, these devices can collect large amounts of data in many different areas. In addition to the practical element of knowing which foods are out of date with the smart refrigerator, this improved household item can provide additional information such as power consumption, temperature, and average door opening time. More information flow means that the company behind the device can analyze the significant trends in the data and improve the device's functionality.

This has made a massive difference in the way of life we all live in. These smart appliances give us advice on how to do certain things in a certain way and have answers to every single question you have.

Ability to track and monitor

The best of IoT-connected devices is tracking. AS mentioned earlier, we all live in this busy world, worrying about the rat race every minute. Unfortunately, by doing all these, we lose track of what is happening to our personal life, be it home, family, cousins, etc. These IoT devices help in monitoring and tracking whatever you want at your convenience. So now you can keep your family safe from any dangers and be at peace.

These are great weapons for a company. This checks the quality of goods and keeps track of every single product.

Automation of things

Now it’s time for you to sit and relax. IoT is here to take off the burden from your shoulders. Having a device with the memory, power, and strength to do all your work means saving a lot of cost and time. For example, imagine your washing machine knows how much liquid detergent it needs to wash the clothes. This reduces human efforts. All you have to do is put clothes in the washing machine. That’s it, and the rest is all taken care of by it. These are the significant benefits of automation. Now you can focus more on a priority list, and the rest is all done.

Improves quality by 3x:

This not only saves the device owner’s time but also saves money. For example, you can save a lot of money by automatically letting the lights turn off as soon as you leave the room.

As you can see, the connected device can provide many convenient implementations. In addition, IoT systems facilitate machine-to-machine (M2M) communication. This will improve the efficiency of both enterprises and users in the long run.

The growth rate of machine-to-machine communication is high. The total number of connections is expected to increase from 5 billion in 2014 to 27 billion in 2024. According to reports, there will be a sudden spike in the installation of IoT devices. 35.82 billion devices will be installed worldwide by 2021, and by 2025 75.44 billion devices are expected to be installed.

Better quality of life

After all, all the benefits lead to a better quality of life. Having the device tracking and organize things, switch off the lamps, and perform essential tasks that you may not have the time to do will certainly remove a lot of stress from you. There is no doubt that people will be busy as the year's pass. It's hard to keep track of things because so many devices have been developed and new technologies have been implemented. It's great to have a computer that can do what you enjoy and take care of the everyday things you know you need to do.

Lifestyle improvements, health benefits, and health improvements are also part of the future of the IoT. For example, a person who exercises regularly can use wearable technology to track heart rate, temperature, and hydration to stay fit and monitor their health.

Conclusion:

Many industries and big companies use IoT to understand their target group better. They are trying to be more responsive to their consumer needs, improve machines and processes according to the requirements. IoT helps to increase productivity. There are now more IoT-connected devices than there are people in the world. Wearables like smartwatches and RFID chips for inventory tracking are among the IoT-connected devices and machinery. Devices connected to the IoT communicate over a network or cloud-based platform connected to the Internet of Things. Real-time insights from this data collected by the IoT are driving digital transformation. When it comes to safety, health, business, industrial performance, humanitarian and environmental challenges on a global scale, the Internet of Things has the potential to make significant improvements. IoT has a long way to go. It creates magic wherever it goes.