The Internet of Things (IoT). It is an ever-growing technology which opens doors to new opportunities in multiple sectors ranging from retail, industry, utilities, public administration, transport and tourism; to the transformation of entire cities into smart cities. It can also help you identify, create, and innovate business opportunities and lines of business. The Internet of Things is a digital transformation facilitator that offers infinite possibilities to companies.
To get an idea about its popularity, 90% of the users of IoT are convinced of its importance. Once a user experiences the advantages of connected things thanks to IoT, they are hooked to it’s benefits. For this reason, we have seen an increase in the number of people buying and using IoT solutions.
Thanks to the emergence of increasingly sophisticated connected devices, we are now at the full start and development of a new era of business productivity. Experts predict that more than half of all new businesses will have incorporated the Internet of Things (IoT) by 2020, making them more automated and saving millions, bringing greater process productivity through their implementation.
THE CORE OF IOT:
- Sensors capture real world data (such as: temperature, movement, location…)
- Connectivity sends sensor data to platforms where it can be processed.
- Service platforms converts data into information and actions
- Data analysis generates a better understanding and decision making process
Today, there are billions of devices around the world connected to the Internet that constantly collect and share data. Thanks to wireless networks and smaller, more powerful processors, it is now possible to connect almost any device. In Industry connected factories make use of the connection of devices and machinery which can be applied to any location, such as airports. Other use cases include the connection of production plants and the use of robots to improve production lines.
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