What is the Internet of Things and How Will It Change Lives?

The Internet of Things, which has started to enter into social life and business life in recent years, namely IoT technology, provides a variety of benefits for people and companies while enabling two different smart devices to communicate with each other. Today, this system, which has found itself in many areas from urbanism to small household appliances, analyzes big data.

What is the Internet of Things?

IoT, the concept of the Internet of Things, or IoT, describes all of the systems provided by computing devices, digital machines, mechanical objects or unique identifiers that can transfer data over the network without the need for people. Increasingly every day, organizations in different industries are using IoT technology to work more efficiently, to provide a better service to their customers, to increase business value, to understand their customers well and to improve their decision-making process.

Internet of Things, IoT, is a concept that was first introduced by Kevin Ashton in 1991, but it explains how all the machines communicate with each other, from wristwatches to countless electronic devices.

To give an example to the internet of things; It is possible to talk about the distance traveled, the steps taken and the perception of the heartbeat during all activities. It contributes to the regulation of life by analyzing it through a client, which is provided with this detection, which is realized with the help of sensors. Communication between these two devices is the main feature that forms the concept of the Internet of Things.

Also Read: How IoT Will Change Our Lives at Engineering.com.

How does the Internet of Things Work?

The Internet of Things ecosystem leverages web-enabled smart devices that use built-in processors, sensors, and communications equipment to collect, send and process data. In other words, IoT; It is a device network that connects through communication technologies to create systems that enable companies to make decisions about their business much faster, and to create systems that can monitor, gather, change and analyze this data.

There are different elements in an IoT system. One of these elements is smart assets that detect, transmit and store data. In other words; application, controller, sensor and security components constitute one of these elements. In addition, a data communication infrastructure such as cloud is absolutely required in the IoT system. There is also a need for analytics and applications that can generate business information from raw information for a successful IoT system.

The devices can do most of their work without the need for human intervention. In contrast, people can interact with these devices as they wish, for example to set up, access data, or give instructions.

What are the Benefits of the Internet of Things?

The Internet of Things system has many benefits for companies and users. Thanks to all applications implemented with the Internet of Things, general business processes can be monitored, employee productivity can be increased, different business models can be integrated and adapted, and business decisions can be made much better. With the IoT system, it saves time and money, while generating much more revenue. In addition, it is possible to improve the customer experience by using the Internet of Things.

Thanks to IoT, companies can reevaluate their methods of approaching their markets and industries and develop different strategies. One of the biggest benefits is predictive maintenance, that is to predict mistakes. For example; Thanks to IoT, before a machine part in the system breaks down, the business can have enough time to solve the problem and the speed of action increases. In addition to these; Thanks to the improved field service and asset tracking benefits, problems can be resolved from growth and the entire supply chain from manufacturers to customers can be tracked in detail. IoT also offers companies various opportunities and road maps in order to provide the highest level of customer satisfaction.

Internet of Things and Big Data

All data used in the Internet of Things technology is being made sense and analyzed. The big data that emerges as a result of all these analyzes is very valuable. One of the best examples of internet of things and big data can be signboards used in parking lot entrances that say “empty” or “full”. The sensors used in this system can easily detect the gap or fullness in the car park. A very useful data comes out by analyzing the occupancy and void at what time of day. Big data occurs as a result of gathering and accumulating all the digital data in the environment. These data, analyzed by artificial intelligence or people, are used in many areas in everyday life.

“What use was time to those who’d soon achieve Digital Immortality?”
― Clyde Dsouza, Memories With Maya