Introduction
Businesses benefit from digital transformation, and the Internet of Things (IoT) is an important component of digitalization. This technology trend enables a company’s values, concepts, and development strategies to be transformed. Ignoring digital transformation may have undesirable consequences, a company that does not embrace IoT quickly will certainly fall behind tech-savvy competitors.
How IoT may help your business
- In complete command – IoT is being used successfully in a variety of fields, including transportation, construction, manufacturing, and healthcare. It simplifies and optimizes regulating the operation of various devices, and it enables predictive maintenance.There is a clear example of how IoT may be used to track product performance after the sale. Rolls-Royce outfitted aircraft engines with sensors that allowed data to be transmitted from a flying plane to the ground. Thousands of sensors collect a plethora of data: during a flight, the Boeing 787 generates approximately 500 GB of data, which is sent to Rolls-Royce operations centers. It is quite handy to store and analyze all jet data in the cloud. The company currently monitors around 4,500 engines.
- Sync up with clients who use your services – Disney Magic Kingdom is a prime illustration of how IoT can enhance consumer experience.The MagicBands, which have a long-range radio that can transmit more than 40 feet in all directions, are special wristbands that are worn by all guests to the theme park. Using RFID technology, the amusement park staff can track visitor locations, favorite rides, and the total amount of the time they spend in line waiting, etc. Additionally, guests have the option to conveniently make purchases by linking their credit cards to their wristbands.
- Keep customers updated – Customers can get up-to-the-minute information about goods and services through IoT technologies. Retail companies confess that the majority of calls they receive through call centers are about the status of parcel deliveries. Customers can track their deliveries online to make things easier. They can trace the course of parcels on a retailer’s website via a mobile app if items are fitted with sensors.
Obstacles to IoT implementation
- Concerns about security – According to a Kaspersky Laboratory survey, 65% of respondents from around the world feel that IoT can lead to Internet security difficulties. 77% of industrial businesses are concerned about cyber assaults. However, statistics show that there is no reason to be concerned. Many businesses are concerned about the security of their data and turn to bespoke software development vendors for one-of-a-kind security software solutions. As a result, the number of cyber attacks in the industrial sector has fallen from 36% to 16%.
- Technical limitations – Concerns have been raised about the connectivity issue: connecting so many devices is one of the most difficult difficulties of IoT, and it may necessitate considerable modifications in the current Internet connection approach. To link multiple devices into a network, Internet service providers continue to rely on the centralized client-server architecture. This connection type currently supports IoT, although the number of linked devices is increasing. The utilization of cloud services, such as Microsoft Azure IoT Hub, is the solution to connectivity issues. It has adequate capability to support millions of IoT connections.
- Employees are skeptical – Many senior employees may be afraid about working alongside modern technologies. However, research indicates that employing workplace wearables reduces work stress, accelerates team development, and increases overall productivity. Computer scientists used smart workplace badges to monitor the conduct of call center personnel. They studied how people spoke to one another, the tone of their voices, and their motions. They demonstrated that automating daily routines will have a long-term positive influence on productivity by translating data from wearables.
Conclusion
The number of Internet connected devices grows year after year and the IoT evolution cannot be denied. IT professionals create solutions that address security concerns and technical limitations that impede digital transformation. But one thing is certain despite existing hurdles, IoT continues to infiltrate our lives from the workplace to leisure pursuits. Stop falling behind and take advantage of the benefits of this technological development to uncover brand-new company prospects.
