18 advantages of the Internet of Things (IoT) in business, education, agriculture etc (2023)

Today there are millions and millions of devices that are connected to the internet and transmit data without human intervention.

Die International Data Corporation (IDC)reportedthat it will be round by 202541.6 billionof connected IoT devices that will generate an estimate of79.4 Zettabyte (ZB)of files!!

From smart lightbulbs to refrigerators, almost anything can be permanently connected to the internet.

Much of this is due to the fact that efficient IoT-capable wireless technology (such asZigbee, Zwaveetc.) has made great strides, and also the device chips needed to enable and maintain a good connection are small and inexpensive to manufacture.

What are a fewBenefits of the Internet of Things?

TheInternet of Thingsis here to stay. In fact, it's not just a gimmick because it can be so incredibly useful.

You may be wondering why your fridge can connect to the internet, but there are more benefits than most people can imagine. Some of the key benefits of the IoT are discussed below.

1. Automation and Control

Perhaps one of the simplest examples of automation and control over aIntelligent IoT deviceis the humble lightbulb. So-called smart lightbulbs that can connect to the home network have exploded in popularity. They offer people the ability to control lights on and off, as well as other functions.

However, it's not just smart lighting. You can have internet-connected devices anywhere in the house. Voice control via Google or Amazon devices easily integrates with TVs and other devices on the network, allowing you to automate their schedules or turn them on and off with a simple command.

In industrial applications, IoT devices can control production lines, robots, etc. with automated remote control of the machines in the factory.

2. access informationReal time

Perhaps the most important benefit of internet-connected devices is that they provide up-to-the-second information.

Consider a scenario where products in a large warehouse are all connected to the local area network. These persistent connections provide information such as B. the product movements registered with time and date and data on when and in what quantities new stocks have to be ordered.

Also, consider the opportunities for internet-connected devices in an environment where real-time monitoring is critical. Sensors that measure temperature, for example, can be fed back into a system that controls and automates commercial and industrial refrigeration.

3. New Business Opportunities

The actual idea of ​​the IoT puts companies in front of amultitude of new possibilities.Although smart devices are penetrating different layers of society, the spread and acceptance is not quite there yet.

Imagine a company that focuses solely on the development and installation of internet-connected devices in cars and other vehicles. Or a start-up company that makes wearables for people with certain health conditions like diabetes or high blood pressure.

4. improve monitoringwith sensors

For businesses, the Internet of Things offers fantastic opportunities for growth and data collection. When delivered across a network of objects, the data collected can drive business decisions at a truly granular level.

For example, Internet-connected tags on supermarket products can provide real-time information about purchasing trends over the course of a typical day.

This results in much better inventory control and also provides excellent insight into buying behavior. It can even be linked to individual customer transactions directly at the checkout and compared with the postcode data that is also collected.

Another example is security surveillance using motion or impact sensors or security cameras. These can be classified as IoT devices that continuously work to keep our properties safe.

5. Machine-to-machine communication

By definition, the Internet of Things works without human intervention. Data is collected and logged in real time, whether we collect it or not. The real impact of this is that services can be made much more efficient.

This machine-to-machine communication effectively creates a data collection efficiency that eliminates the need for employees to do the same work. In fact, it makes operations staff's job easier as they can focus on the data instead of collecting it.

A typical machine-to-machine scenario is tracking kilometers and distances in cars. For example, a company that owns a fleet of vehicles whose employees use them for business operations can track the usage and mileage of each vehicle using IoT devices installed in each vehicle.

These devices send real-time data back to a server for monitoring and tracking purposes.

6. Better quality of life

There are many instances where the convergence of Big Data and IoT can lead to better outcomes for people. Those who focus solely on enterprise are missing out on the whole picture and what IoT can really offer.

For example, the use of smart devices in medicine can literally save lives. Smart blood pressure monitors that send back information in real-time, or smart pills that can be taken and send back data as they move through the GI tract are both great examples of how connected devices can really benefit people.

The use of smart devices can also be applied city-wide. Internet-connected traffic lights and traffic sensors can report back the data. This results in forecast results that can be adapted to the traffic flows at any time.

Using smart devices in cars and other vehicles can wirelessly connect to toll booths, traffic lights ahead, and traffic safety monitors to give drivers and authorities real-time feedback on traffic conditions and accident risk.

7. cost reduction

Cost reductions are rife when devices are connected and networked. This machine-to-machine data network not only provides real-time data and analysis options, but also enables much greater increases in efficiency across the board.

This is not only limited to intelligent existing technologies, but also to the reduction of development costs and a reduction in material costs. With the advent of sensors and internet connectivity, businesses are getting smarter.

For example, information on worker movement and movement, pollution levels and temperature provide cost reduction benefits. Sensors in lights only turn on when people move through areas, saving on energy bills.

Ambient temperature sensors are linked to automated heating and cooling systems that require no human intervention and provide fully climate-controlled environments that save money.

8. Increased efficiencyand productivity of companies

Just as voice-enabled products from Google and Amazon can increase efficiency at home, the IoT can also improve business and industrial productivity and efficiency.

For example, enhanced data collection across a network of internet-connected devices can provide incredibly detailed information that can be analyzed and used by the organization to improve customer service or business processes.

For example, energy companies often estimate a utility bill when they don't have access to a property. But if the electrical box is connected directly to the energy supplier via the Internet, customers no longer have to worry about such a bill.

9. Prediction Analysis Thank youfor collecting big data

Big data has been a buzzword for a number of years and was certainly popular before IoT came along. There are internet-connected devices to collect data, be it inventory tracking or customer activity. All of this data feeds back into the system, improving efficiency.

big datais analyzed to generate new opportunities and predict everything from customer behavior to inventory control. As we introduce smart devices into homes and schools, more data will be collected and more predictive techniques can be applied to improve our lives.

10. Remote condition monitoring

Medical advances have allowed more people to live to a ripe old age, but technology is helping to push those boundaries even further. In a world where communication is key and early detection is important, IoT devices can be incredibly useful.

Imagine a health bracelet with an embedded monitoring system that can keep an eye on blood sugar levels, for example. This internet-connected diabetic bracelet can log blood sugar levels and send notifications directly to other family members and even medical staff.

For people with chronic illnesses who need to be monitored remotely by healthcare professionals, a separate internet-connected device provides real-time data that can be analyzed.

What are some benefits of IoT in education?

Automated classroom attendance recording

The rush of emerging Internet of Things (IoT) technologies has enabled educators to either reduce or completely eliminate the manual processes associated with calculating student attendance times.

Systems based on the Internet of Things, e.g. Devices such as those based on RFID tracking devices and fingerprint-based systems can store attendance data in an easily accessible central database.

This technology uses NodeMCUV3, RFID chips and fingerprint sensor modules to document and record student attendance.

Fingerprint modules automatically track and authenticate students for attendance purposes. RFID modules are deployed by scanning RFID tags associated with attending students before sending verified data to a central server. This information can automatically generate attendance reports that are matched against mandatory course requirements.

School safety and security monitoring solutions

US universities and colleges are increasingly turning to Internet of Things (IoT) technology solutions to increase the security of students, faculty and staff on their campuses.

While many of these institutions are already relying on IoT devices to optimize energy use in their facilities and improve classroom instruction, campus security is becoming increasingly dependent on them.

Building alarms, smart door locks, and video surveillance in public spaces are just a few of the IoT solutions universities are using to protect their visitors.

Many of these IoT technologies incorporate sensors to detect human presence in a specific area, such as B. Activities in a parking lot. Others are said to be more sophisticated, warning administrators and security personnel of a potential emergency before it escalates.

These sensor-based systems can also detect poor indoor air quality and the presence of toxic or illegal substances. The smart sensors alone are highly developed innovations. However, they cannot be activated without popular IoT-based devices that offer all-in-one solutions to keep the campus safe.

Improving energy efficiency in schools

For decades, school administrators and janitors have been looking for new ways to reduce energy costs in their facilities. An effective approach to reducing energy costs that balances practicality with a reliable return on investment (ROI) has proven elusive over time.

However, Internet of Things (IoT) technologies are opening up new opportunities to reduce energy consumption in schools and colleges around the world. In most school buildings, the entire electricity bill goes towards indoor lighting and a comfortable climate.

IoT devices have introduced new ways to regulate school facility lighting and indoor climate control without requiring new and expensive hardware upgrades. For example, IoT LED lights now respond to remote commands from a simple smartphone app to control lights individually or in sets. Likewise, the same apps also regulate the climate settings to achieve significant energy savings.

empowerment of disabled students

While IoT technology is still in its infancy in higher education, new studies show it benefits students with disabilities as much as advanced learners. Smartphones and other consumer-based IoT devices have been shown to increase engagement among the learning disabled to improve classroom learning environments.

Ease of access is another factor, as a large majority of students can access learning materials from devices they already own. Despite the many challenges posed by the privacy and security of IoT devices, most professional educators remain optimistic about the future of IoT technology and disabled learning initiatives.

What are some advantages of IoT in agriculture and agriculture?

IoT-based data collection

The Internet of Things plays a crucial role in precision agriculture, especially when it comes to data collection. For an industry expected to feed more than 9 billion people by 2050, sustainable IoT solutions for agriculture could not be more important.

Precision farming, a type of farming that relies on technology to increase efficiency and reduce production costs, makes heavy use of IoT devices for its data collection processes. IoT devices use field sensors to measure critical data like soil moisture and nutrition. Likewise, IoT devices capture thermal and spectral images to monitor overall crop health and growth.

The use of IoT technology and field sensors optimizes agricultural inputs by reducing water and fertilizer requirements. In addition, IoT technology supports farmers in detecting and eliminating field pests.

Real-time livestock monitoring with IoT devices

Precision Livestock Management benefits significantly from IoT technology and its ability to provide real-time feedback on cattle activity and health. While traditional livestock monitoring required individual inspection of the monitor, the now outdated approach often proved costly and unreliable.

IoT-enabled animal husbandry solutions eliminate health and location speculation. Sensor-powered collars and tags keep ranchers informed of temperature, heart rate, blood pressure and the exact location of their cattle at all times. This data is wirelessly transmitted to an app-controlled IoT device, which farmers use to monitor the information in real-time.

How agricultural drones are revolutionizing precision farming

Crop monitoring and data collection increasingly depend on drones for optimally efficient farming practices. Precision farming, also known as precision farming, aims to reduce water and fertilizer use while maximizing crop and livestock yield.

To keep livestock and crops healthy, farmers need to continuously monitor their farms. Drones allow them to accomplish this from the air, where they can spot problems that wouldn't be readily apparent with routine spot checks on the ground. Drone applications for agriculture are numerous and diverse, ranging from pollinating and spraying crops to mapping and surveying.

IoT technology marks a new era for clean agriculture

Analysts expect the agricultural sector to continue growing at a CAGR of 3% over the next few years. This prediction is influenced by current population growth trends. A larger population coupled with rising global living standards means farmers must adapt to growing demands by using natural resources more efficiently and sustainably.

The adoption of IoT technology in agriculture will be game-changing in the years to come. The market for Smart and Precision Farming is expected to exceed USD 23.14 billion by the end of 2022, with around 75 million IoT devices being implemented for agricultural purposes in the coming years.

Automated agricultural vehicles such as drones and autonomous robots, as well as advanced sensor-based solutions will no doubt play a significant role in promoting sustainable agricultural practices over the next few decades.

Diploma

The Internet of Things is growing all around us, whether we realize it or not. It's clear that businesses can capitalize on the many opportunities this presents, but the real challenge will be how we use them to improve our lives.