What Is The Internet of Things?
The Internet of Things (IoT) is a term getting much hype. Although it seems like something new and exciting, the reality is that it has been around since the 1970’s. People have slowly been catching up and finally this evolution of technology has reached us...in our local businesses and even in our homes.
IoT is basically an environment in which objects, animals or people are provided with unique identifiers and the ability to transfer data over a network. It does not require human-to-human or even human-to-computer interactions, which is an efficient and effective solution.
The IoT is a vast network of objects, from cameras, fridges, baby monitors to air conditioners, that can be connected to the Internet to create a vast network of controllable systems. Taking these previously one-dimensional objects online and connecting them has led to a world of exciting and endless possibilities.
For businesses, IoT is an idea that promises to make you more automated and efficient. You will be able to better manage resources remotely and analyse data more effectively. The insights IoT offers will help to drive organisations to the lowest cost position while costs to implement this technology have also dropped. Components such as sensors that used to be prohibitively expensive are now more affordable, resulting in a wave of smart products flooding the market. IoT solutions are no longer just for early adopters, they are now prolific and regularly implemented across various industries.
Data has been a buzzword for some time now. IoT will act as a translator for you as it effectively translates unrelated data into information that can be applied to new or existing business models. Having information is great but the insights that IoT is able to offer is where the true value in this smart, big data collection lies.
IoT may sound like a business buzzword, but in reality, it's a real technological revolution that will impact everything we do, in our business or personal lives. Bringing physical things online is no longer a future fantasy or something from a Sci-Fi movie. It is here. It can improve your life today. So welcome to the age of IoT. It’s beautiful, it’s freaky and it’s unprecedented.
Talk to us and we’ll walk the journey of discovery with you.