IoT has revolutionized our life into a smarter one with less human interventions. The IoT trends are evolving with incredible features in diverse sections of our daily activities. It is capable of connecting different objects with sensors and thus, creating a magical world of digital innovations for humankind.
Let’s look at the emerging top 10 IoT trends that we can expect in the future.
#1. Healthcare
Healthcare is one of the major concerns of the now world. Before the advent of IoT, diagnosis, interactions, and treatments were so limited to physical visits and even via text and calls. But the IoT enabled devices which are so popular today is a boon for them. Remote monitoring of health is now possible at simple steps.
Patients can view their health reports, heartbeat rate, burnt calories, and many more things. Physicians on the other side can review the reports, track patient’s wellness, and know their emergencies. Thus, the interactions and treatment practices are very much developed with IoT.
An exciting thing is that even hospitals are getting advantages because of IoT. Wondering how? IoT helps in managing patient’s health, their health parameters, getting indications on their emergencies, and even about patients not getting timely treatments.
Health Insurance companies too enjoy the perks of IoT healthcare devices. By giving incentives, identifying false claims, and many major health insurance concerns at ease. These IoT trends have taken a pivotal role in decreasing healthcare costs but more efficient treatment systems.
#2. Transportation
Transportation is inevitable in almost every sector. Sometimes, for importing/exporting raw materials, consignment delivery, employee transportation, etc. Thus, there must be an effective system to manage transport systems. IoT has stolen the whole credits of efficient transportation management today.
With the help of sensors, embedded devices, IoT systems control communication, and tracking activities throughout the entire transportation process. Many effective IoT services act as a bridge between the owners, drivers, and customers.
Whether it be managing fuel consumption, both owners and drivers can know the time for refueling. Other essential areas like Traffic congestion, route redirection, parking facilities, etc are done quicker via IoT connected systems.
Mass Transit services are also well managed by IoT devices which were very complicated before. IoT helps optimizing transport times, schedules, managing customer needs, etc.
On the road, IoT devices have contributed to reducing traffic congestion, road accidents via efficient IoT devices. As a whole, the merits of IoT devices are impacting well on the Automotive industry; even in personal vehicle development.
#3. Manufacturing Industry
Industry workers are now safer because of efficient machinery helping them with hazardous tasks. IoT devices are very active in almost every industry so far. The whole production cycle of a product is foreseen and actively accomplished by IoT.
AI, Machine learning and sensors together make amazing results in easy manufacturing. Mass customization of manufacturing is easily streamlined at a reduced cost with IoT technology.
Many companies use wearable devices to monitor worker’s health when they are engaging in risky jobs. Inventory management and errorless products are more in a reduced product cycle time.
Outsourced and remote projects are more visible via IoT technologies. Industrial asset tracking and management are smoother than before. As a godsend, IoT is helping industries to maximize productivity and eliminating waste products.
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#4. Blockchain Technology
Blockchain technology has now gained larger importance, especially when associated with IoT. As we know IoT connects various devices and its security or scalability issues are now resolved by effective blockchain Technology.
Companies can use the technology as it really connects many types of participants into a single system making way to easy management of things.
When saying about IoT, There is a need for additional efforts to manage security for the data transfer between the multiple devices involved.
But Blockchain technology makes this without any difficulty. The distributed digital ledger act as reliable robust security as it never allows overwriting over existing data or records.
The technology will take care of millions of connected devices at a time but not like IoT which has unclear ownership data. Tamper-proof records on each transaction via IoT is assured by Blockchain technology. Thus, you can nearly avoid any disputes or issues between the networked members.
#5. Global Connectivity
Manageable networks can be effectively created via IoT services. Wondering How? Take an example of automated vehicles, where the greater distance it travels, the range of managing those devices get widened. So here in your IoT project, the chief ingredients are the IoT devices and their connectivity.
Companies working globally can enjoy the perks of Global IoT connectivity. They can connect or interact immediately when they wish to, with internal and external teams. The Global IoT connectivity is now gaining priority on services that need international or Global reach.
IoT is rising their bars and is expected to outgrow 18 billion connected devices in 2022.
- Communication with IoT devices:- Limitless communication with an excellent IoT device(Phones with sim cards) and an IoT business application help remotely working employees to have a constant connection.
- 24/7 IoT Customer Support:- Users can interact with the product manufacturers, designers, or even technical personnel in different countries.
- Supply chain Management:- Logistic companies now rely on IoT devices that can track shipments, authenticate products, and monitor things globally.
- Global management:- The management perspective has widened across countries through applauding IoT devices. Whether it is asset tracking, managing or manufacturing raw materials or products, etc is now easier with IoT technology.
#6. Smart Cities Everywhere
IoT is the perfect companion for the new world which can effectively meet the demands of urban tech-savvy people. A smart city comprises elements like smart devices, smart technology, smart management, etc.
Such a city is characterized by connected Information and Communication Technologies(ICT) with an aim of sustainable development practices to take form. Just imagine the advantages you get from remotely connecting and managing your devices in real-time? Smart city is an interconnected and intelligent place where people live a smarter life.
Every place is now shifting into smart cities. Location tracking, connected infrastructure, transport management, etc are now prior concerns of government. They can rely on technology for managing sections where human efforts are hard to achieve success.
Connected cars, home devices, trash collections, traffic management, etc are the major projects happening now that really improves the quality of life. Cloud based IoT apps in the smart cities enable their smart services and people avail them via smartphones, mobile devices, and other exemplary IoT devices.
#7. Artificial Intelligence
IoT and AI just sound great together. AI is an exciting technology that captures some great actionable data from IoT devices. AI is ruling in many sectors today, IoT complements it by paving the way to interconnected machines and generate winning effects. Let’s look at some AI IoT Industry trends prevalent today.
Airlines: AI and IoT join hands to prevent any errors or risks on aircrafts using sensors.
Smart Homes: No matter where you are now? Just control things long away from you with smart devices.
Manufacturing Industry: There are many factories where now human power is replaced by types of machinery as a whole. These machines are full-fledged when associated with AI. Smart sensors in the machinery will help with enhancing productivity and efficiency.
Oil Industries: No more costs for unexpected maintenances. IoT helps in introducing smart sensors to machinery that can cut down huge costs after oil drilling or such activities.
Smart Infrastructure: Many human activities in building sites are now completely replaced by machinery and sensors associated with these machines increase security and prevent accidents too.
#8. Better Data Analytics
Every company now have realized the potential of integrating data analytics into their organizational strategies. Business intelligence seems to be expanding as a domain. Business operations are optimized easily using IoT data analytics.
It can engage more customers, streamline their services, and managing internal & external teams productively. Novel technologies using IoT and data analytics is successful in leading service categories like healthcare, smart cities, etc.
Many companies have already started taking IoT as an important element in their business strategy. The massive information from various devices and systems is to be maintained and stored under a controlled environment which is possible by IoT devices. Popular companies including Microsoft use IoT data analytics for their daily data processes.
Data analytics takes its form in diverse forms. Some companies install sensors to monitor their employees, performance ratings, attendance, etc. In the manufacturing industry, IoT is a godsend for improving and monitoring equipment maintenance.
Sensors can send beeps/alerts if it is in a dangerous working condition before getting any human touch. Automated and optimized operations entice more customers, even the communication process is now IoT based. May it be remote customers or nearby, IoT can analyze and manage things efficiently.
#9. Environmental Protection
Protecting the environment is so important in today’s world. This is not easy for the flock of humans to go and protect the environment in a single day. IoT deals with environmental protection more smartly.
Active sensors can detect environmental change easily. They can effectively forecast weather conditions in a more flexible and accurate data-based. Other environmental IoT services include pollution detection more simply and quickly.
Human labor is just replaced by diverse sensors serving different response efforts on detecting pollutants, preventing contamination, etc. Most renewable and non-renewable resources which are profusely contaminated are now preserved well using IoT technology.
In agricultural industries, some sensors ensure the safety of workers, chemical composition checks, elements that are toxic to human health, etc.
Thus, the indulging of IoT has immensely contributed to the environmental sector. Major Indoor and outdoor systems in smart cities are now monitored by smart devices.
Since the process sensors replace is so complex and this is visible in cost too. That is the cost involved in installing IoT devices in various environments, their maintenance, etc needs to be inquired. But, the usage of IoT in environmental protection is successfully foreseen.
#10. Saas
IoT trends driven businesses reap inevitable benefits. Software as a Service (SaaS) is now relevant especially amid the pandemic time. Studies suggest that COVID 19 is really a catalyst that made companies invest a huge amount in SaaS. Such a SaaS based service will simplify features such as real-time database, scalability, and more.
SaaS follows a service model in which the provider hosts an application over the internet. It is popular as it is cost-effective and immediately available. Without any type of additional hardware or systems, Saas act as an all-in-one solution for enterprises to conduct hassle-free managerial services.
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Conclusion
IoT has already shown everyone how it will change our everyday life to a smarter one. It’s up to you, whether you want to end up being one of the winning firms that are currently fostered by the IoT trends.
Do not let yourself to be left in the dark, instead welcome IoT trends for your organization and reap some amazing benefits at the earliest.