When it comes to bringing exciting and stimulating developments and always giving us options to make our lives better, technology never failed on that. Just look around you, and you will notice a lot of these, from smartphones to automation, vehicles, smart homes with different appliances connected to the Internet and name a few if you put that in one word that is what we call the Internet of Things.
It is somehow a challenge to define what the Internet of Things is especially to those who are not that tech savvy. However with the world that we are living in today, who would not know what this means, even the baby is already using this kind of technology, of course, he won’t know that, but still, there is the concept.
What is the Internet of Things?
For us to understand the concept, let’s check out some definitions of the Internet of Things. From Wikipedia, it can be defined as the extension of Internet connectivity into physical objects and everyday devices. The Internet of Things can also be dubbed as the system of connected devices whether its digital machines, mechanical, which are provided with UIDs or unique identifiers. It can transfer data or information without the need for human interaction.
It was considered that the first appliance that is powered by this technology is a coke machine in the early 1980s. It developed from M2M or machine-to-machine communication. It refers to a connecting a device to the cloud, and it will manage and then collects data. The Internet of Things has evolved since then.
Benefits of IoT
The Internet of Things is somehow transforming every business and every sector in a way that it helps to make everyone’s life better and easier. Not only these connected equipment and devices help every home, but it also benefits the business world. Let’s wrap up some of the benefits that we can gain from the Internet of Things.
- Productive and Safer Work
- Resource Optimization
- Smarter Business Decision
- Efficient Processing
- Offers Cost Benefits
- Improve Customer Experience
- Ensures Safety of Workplace
- Improve Productivity
- Process Optimization
- Business Opportunities
IoT is already happening, though sometimes it sounds like a fantasy as we hear that there can be automated vehicles and appliances communicating. There are many potentials of this technology that is why more and more businesses are adopting this kind of technology.
A lot can still happen; it is evaluated that by the year 2025, there will be twenty-one billion IoT devices. Not only homes will be using this kind of technology but cities, as well as companies, will be using this and who knows artificial intelligence will still become a big thing.
The Internet of Things has significant potential, and we admit that it has massive exponential growth in the coming years. However, we need to think also that in every technology or system that we encounter, we may face some challenges. Nevertheless, IoT is unavoidable, and whether it may bring significant impacts or worse ones, we need to be sure that we are ready to compete in the world of IoT.