Smarter or a smaller World with The Internet of Things (IoT) ?

The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

According to Business Insider there will be more than 24 billion IoT devices in 2020!

The Internet of Things helps people work and live smarter. It is also a way to gain complete control over their lives and the benefits are many since IoT:

  • Automates the process
  • Reduces labor costs
  • Cuts down on waste
  • Improves service delivery
  • Offers transparency into customer transactions
  • Generates more revenue
  • Monitors the overall business process
  • Saves time & money
  • Enhances employee productivity
  • Integrates business models
  • Improves Communication
  • Improves the quality of a business services
  • Reduces the need of human intervention

10 ways that will change the world with IoT Devices!

  1. Appliances Will Do the Work for You
    Smart appliances for the Internet of Things are not only on the market but are doing more and more. For example, Samsung’s Family Hub refrigerator does everything from play hit tunes to managing your grocery list for you.When the door of the refrigerator opens and closes, there are three cameras that take photos of the interior of your fridge. You can then access the photos from your smartphone to see what you’re out of and need to buy.
  2. The Internet Will Become More of an Ecosystem
    Although there has been a shift in the way the Internet works, with people beginning to hook up more than one device to a hub, there are still many apps and websites that work independently of one another online. As more and more devices become smart and hook into a central hub that is your life, your neighborhood, your town, and your world, the Internet will become more of an ecosystem.
  3. Cloud Hosting Will Explode
    The only way that the Internet of Things can become an efficient ecosystem is through the use of cloud hosting. Adding sensors to devices isn’t going to help at all if there isn’t a basic infrastructure to gather the data and send it back out in the correct format and language. The only way to accomplish this is with cloud-based applications. It just isn’t possible for the IoT to work without the cloud, because the cloud allows your apps to follow you wherever you go.
  1. Healthcare Will Improve
    The very nature of IoT is well-suited to healthcare. Already, it collects and monitors data from devices, so it only makes sense that more and more doctors and the hospital will utilize emerging technology to track vital statistics of their patients. Some hospitals have already begun to use smart beds to inform nurses when a patient leaves their bed and also can adjust to the most comfortable position for an individual patient.
  2. You’ll Avoid Traffic Jams
    In today’s major cities at rush hour, getting to and from work is a nightmare. Imagine a world where not only the cars are smart, but so are the streets and the traffic lights. If the flow of traffic is heavier in one direction, stop lights could be automatically adjusted to create the most efficient timing possible thanks to IoT.
  1. Renewable Energy Will Continue to Grow
    There will likely be more of a push toward renewable energy as devices turn to green sources to stay powered. Transportation is the place most likely to see big changes in this area, but connected homes could easily run off solar and wind power. There is also a proposal for a Smart Grid in place, where power would be distributed more efficiently and would be less likely to have blackouts and brownouts. Smart meters and thermostats will also have an impact.
  2. There’ll be a More Abundant Food Supply
    Farmers may not be quick to adapt to the new technology, but eventually, it will start to filter to the farms as well. As farmers realize the benefits of assessing potential conditions of a crop in real time, getting an analysis, and knowing exactly how to proceed and in turn generate more goods. This will eventually lead to more of them using smart devices in farming.
  3. The Way We Shop Will Change Again
    Already, the Internet has forever changed the way we shop as a society. Instead of going to the local store up the street, consumers turn to megastores such as Walmart or Amazon. However, the IoT promises to change shopping even more. Have you ever gone to the store for a specific item and found it out of stock? With smarter devices and the ability to track inventory through an interconnected system, stores will be better able to predict buying patterns and stock what is needed. This could potentially drive down costs as well since there will be less waste.
  4. You’ll be Less Secure
    Unfortunately, one of the drawbacks of all this connectivity is that your information will be less private and your security needs will be greater. Criminals have a way of figuring out weaknesses in any system. With more and more devices hooking up to the IoT, security is going to become one of the most important aspects of our lives.
  5. You’ll Live in a Smarter World!
    Imagine the world ten or twenty years from now?
    Getting out of your smart bed that measured your sleep patterns and adjusted pressure and incline to help you get a good night’s sleep.
    Brushing your teeth with your smart toothbrush that will send a report to your dentist and let you know if you have any cavities starting. Going to your smart refrigerator and pulling out the milk, while the fridge adds milk to your shopping list because it notices you are almost out.

    You get the idea!
    This is all in the first 30 minutes of your day! Imagine what will happen during the rest of the day with your smart car, smart streets, smart office and so on.

While IoT will allow us to live in a more connected world, will it also make us live in a smaller personal space disconnected from other humans?