Why should you incorporate the Internet of Things in your life? Let us count the reasons. IoT can help individuals, businesses and the community in a daily basis. It can come in various forms such as safety, financials, health and daily planning. It has reached the peak of inflated expectations that it is hard not to recognize the buzz surrounding it. The challenge, on the other hand, comes with making the data smart and actionable.
Integrating the Internet of Things into the healthcare system can be beneficial to the society. It allows hospitals to monitor the vital signs of the patients, recognizing the need for further assessment. It also allows them to determine who needs primary attention.
IoT can also assist individuals with their personal safety. Two very good examples of IoT are ADT, which is a home security system, and GM OnStar, a system embedded in GM cars. ADT allows monitoring and control of security systems through mobile phones. On the other hand, GM OnStar tracks the movement of the car, detects a car crash and automatically calls 911.
The Internet of Things can also help save money within the households. When appliances communicate, you can save energy. It takes, collects, shares, and translates data into many ways to make the current system more efficient. By allowing the physical devices to communicate, you can automatically adjust them to sleep in. This may sound unimportant, but, according to Koreshoff, time misusage costs up to $135 billion per year.
Businesses can also benefit from IoT. The Internet of Things can be used for asset and individual tracking, inventory control, security, energy conservation, shipping and location. Since it allows communication among devices, it lets people know their location and condition. It helps ensure quality products and services, reduced costs and customer satisfaction.