Welcome to the Internet of Things, the term for the network of electronic devices interaction, linked by the internet, independent of human intervention, and is said to cover millions and even billions of smart electronic devices by 2020. It is said, that between now and 2020, the IoT being developed would consist of PCs, tablet computers, digital cameras, e-Book readers, mobile phones, robots, private and public computers and other smart electronic devices.
With these many developments of IoT, you would ask about the meaning of these all to you, like the benefits and the costs.
The following advantages on the IoT to our lives will be discussed here briefly.
The engineering world is saying that automation will be reaching a different kind of high levels that would change dramatically our lifestyles and this is one benefit that we can get from IoT. Some of the more important changes here would be the expectation of a more comfortable life than the present, and this means more dedication to our primary occupations, less physical travel, and more rest, relaxation and vacation.
Imagine these examples when we are in the IoT age, such as a specialized robot verifying your visitors and opening the door for them instead of yourself, or your PC would automatically order your groceries once your stocks would fall below your set levels.
Another projected benefit when we have the IoT is savings on costs, and this is because of the inherent efficiency of the electronic networks that would eliminate jobs and processes in trade, leading to a positive impact on our economy that would make prices of goods or services to fall.
Know that the applications of IoT will result to an increase of speed and productivity, and with these efficiencies, great benefits like savings, freedom of humans to do some manual tasks and an enhancement in productivity. To cite examples in your home, your house will do these tasks for you, like switching on and off the lights as you enter and leave a room, or turning off the oven when your cake is done, or turn off the AC as you leave the house. Iot therefore is automating our lives by improving efficiency with the aid of motion sensors or facial recognition.
It is further envisioned that the Internet of Things will have a big impact on the digital businesses while facilitating new models of businesses and improving efficiency.
As of the present, the IoT technologies and business models that are supporting it are still not at its mature stage, but even so, they are already being utilized by a wide range of organizations.