IoT technology is one of the most prominent technologies trends to have emerged in the past few years. Through the years, IoT has been shaping many business activities, technological functions, and consumer trends. The global Covid-19 pandemic was a big roadblock for many industries and IoT was a major driving force during this time.
1. Productive Work From Home with IoT
With the use of Siri, Alexa, Google Home, and other household IoT-enabled applications, IoT has become one of the most important aspects of our daily routine. Moreover, these devices have become a part of our new normal work culture i.e., Work from Home. The features like automated scheduling and intelligent advance calendar tools in these devices, it has helped to manage all the work-related activities without compromising on personal time. Plus, your overall productivity during Work from Home has been enhanced with the interactive video conferencing and virtual meeting rooms.
2. IoT in Healthcare
The global pandemic has created a huge need for advanced healthcare facilities. Today, the healthcare sector is fully utilizing the benefits of IoT technology and efficiently working with it. The output to the business reflects in the form of customer satisfaction, quality service, 24*7 availability, off-clinic patient monitoring. and various other benefits.
3. IoT in Retail
With the help of smart gadgets and connected devices we are expecting safer and more efficient stores and supermarkets. Additionally, retailers can not only create innovative use cases to enhance customer experiences but also reduce operational costs. They can gain an advantage in their business with:
Better supply-chain management with GPS sensors and RFID tags.
Smart inventory management based on customer-buying behavior to avoid overstocking, stockouts, and shrinkage.
Retailers can automate inventory visibility with IoT and also develop procurement planning.
Automate and even personalize checkouts for customers.
4. More Smart Cities with IoT
In the coming years, with the emerging usage of technology and smart devices, we can expect more smart cities initiatives globally. A smart city is largely dependent of flow of information and actionable insights from the real-time city data. Here is where IoT technology can help with numerous city functions such as:
Intelligent monitoring of traffic on the road to avoid roadblocks and easy commute.
Scheduling of public transports can be improved with smart GPS.
Sensors and RFIDs can help with better management of civic amenities like recycling centers and segregation of waste.
5. IoT in Automotive
One sector that has a large scope for IoT is the automotive industry. Internet of things application can be utilized in the process of achieving V2X technology i.e., Vehicle to everything technology. Other uses can include:
Predictive maintenance of the automobile to reduce the risk of malfunctioning of the vehicle; wear and tear of the parts.
In-car infotainment powered by 4G/5G wifi for hands-free navigation and access to Google assistance or Siri.
Compliance to environmental and traffic rules for safety.
6. IoT for Agriculture and Environmental Issues
The Internet of Things application has strong capabilities to improve and strengthen the current agriculture sector. As per a report by Statista, the use of IoT in agriculture is set to grow worldwide. Reports suggest that the IoT market size for the agriculture sector in 2018 was at 14.79 billion USD, but it is projected to reach 30 billion USD by 2030. Here are a few IoT use cases in agricultural processes:
Agricultural Drones for imaging, mapping, and surveying the farms.
IoT sensors can help farmers get accurate information on greenhouse conditions like temperature, humidity, lighting, etc.
Just as in crop monitoring, these IoT sensors can also perform real-time cattle monitoring.
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