The Internet of Things is one of the innovations that is still evolving, yet on the verge of turning the world into smart cities. Already, several industries are using it as a tool to a good effect.

IoT makes our everyday devices intelligent and enables seamless connection among these devices. Nowadays, previously ordinary devices can communicate autonomously with each other, humans and also facilitate more accessible communication among humans. These smart devices make our lives more comfortable, with improved efficiency, productivity, and fewer human errors.

The impact of IoT can be seen mostly in household items such as toasters, refrigerators, security cameras, stoves, bulbs, etc. Other everyday items like cars, phones, beds, garments and so on now come with sensors and are becoming part of the World Wide Web. These devices have deservedly earned the word “smart” in front of their names. In this article, let’s dig into how IoT technology improves our daily living.

Connected Home

Ideally, it is easier to have a smarter home than a smarter city. It probably explains why the influence of the Internet is more prominent in our homes. Intelligent products in our homes increase the efficiency and improve quality of life.

The impact of technology is not particular to the younger generation. It aids the retired people and the elderly do things and live quality lives without needing help from others. IoT devices help the doctor keep close eyes on their elderly patients and give medical advice with remote check-ups. Primarily, these devices monitor their activities and send the data to doctors and caregivers. 

Also, smart home technology simplifies and automates simple tasks for the elderly such as grocery shopping. Smart refrigerators, for instance, keep track of its contents and order out of stock items automatically.

Business

Continued miniaturization and improvement in computer processing power have given rise to edge computing. IoT now does much more than send or receive data. The IoT edge devices are equipped with the ability to process, analyze and react to data automatically.

 It results in the development of new products and improved service delivery to customers. Some of the areas where the IoT can influence the business world include

  • Efficient task and production, leading to increased productivity
  • Better tracking and inventory, reducing loss, human error and theft.
  • Data collection and exchanges with customers
  • Faster and convenient service or product delivery
  • Efficient and cost-effective remote working

There is an endless possibility for the application of this technology in the business world. These benefits make technology prime for the business world. Modern-day businesses that fail to take advantage of the potential of IoT are bound to be left behind.

Entertainment

The entertainment industry is one of the industries that are always ready to integrate innovations into its operations. From virtual reality, Artificial intelligence to blockchain technology, this industry is often at the forefront of any technological evolution. Relevant entertainment options improve the overall experience of the customers.

IoT provides a more immersive experience with better and faster interactions with the devices. Users use gestures such as voice, hand gestures to give the customers a more immersive and entertaining experience. The aspects of entertainment where the Internet of things technology can have a significant impact include sports, music, gaming, etc. With sensor technologies such as RFID, WIFI, GPS, Bluetooth, etc., sensor technologies can be customized specifically for the customer’s need and preference.

The iGaming industry, for instance, thrives on analytic data for predicting the inclination of the customers. It is always on the lookout for more immersive ways to engage their customers. Online casinos in Australia are a good example of continuously evolving technology, where the application of IoT will open more opportunities for them to personalize the customer experience. 

Transportation

Transportation is an integral part of our daily living. Most aspects of our lives depend on our mobility. The adoption of innovation often takes time due to the logistics it requires. The transportation industry is known to be eager to embrace changes. It was one of the first industries to bring IoT technology on board. 

Though the current world infrastructure cannot support full-fledged usage of driverless cars, cars are now equipped with sensors that sync with the driver’s smartphones. It aids the driver to find the shortest or easiest route and available parking spot. Sensors also warn the driver of bad weather or potential danger and also perform diagnostics to detect imminent breakdown early.

 Few Of The Ways The IoT Is transforming the transportation and logistics industry Include:

  • Guaranteed Safety with real-time data
  • Efficient monitoring of the vehicle’s health
  • Connected and quicker routes
  • Smoother logistics and geo-fencing
  • Real-time vehicle tracking
  • Personalized services and communication with commuters

Concerns Around The Internet Of Things

Most technology comes with downsides. For IoT, it is the concern for the privacy and the security of the users. The transfer of all kinds of information over the interconnected networks can lead to illegal monitoring and breach of security.

 An example is household items like the smart meters. Monitoring the data from smart meters can lead to a security breach when data of where the occupants are always not at home. Having such a downside is not new for a relatively new technology, those privacy issues will more likely be dealt with as the IoT evolves.

Final Thought

IoT technology is still in its early days and poises to penetrate every stratum of our modern world. The potential and its possible application in different fields are too enormous to be ignored.

Despite the privacy issue and infrastructure challenges, the world is gradually moving towards a connected home, vehicles, and workplaces. It is changing the way we communicate, play, work, study, cook, commute, etc and it is still at its infancy.