dmpq-What is the concept of Internet of Things (IoT) ? what are the opportunities and benefits it provides ?

The internet of things (IoT) is a concept that describes the idea of everyday physical objects being connected to the internet. In the Internet of Things, the connected devices should be able to identify themselves to other devices.

Simply put, this is the concept of basically connecting any device with an ON and OFF switch to the Internet or to each other. This includes everything from cell phones, coffee makers, washing machines, headphones, lamps, wearable devices and almost anything else you can think of.

IoT offers us the opportunity to be more efficient in how we do things, saving us time, money and often emissions in the process.  Internet of Things can be used to tackle simpler day-to-day issues – like finding a car parking space in busy areas, linking up your home entertainment system and using your fridge webcam to check if you need more milk on the way home.

IoT offers many other benefits industrially, such as

Unprecedented connectivity

IoT data and insights from connected applications and devices empower organizations with the ability to deliver innovative new products and services faster than their competitors.

Increased efficiency

IoT networks of smart and intelligent devices provide real-time data to arm employees with the information they need to optimize their day-to-day efficiency and productivity.

Cost savings

IoT devices provide accurate data collection and automated workflows to help organizations reduce their operating costs and minimize errors. Time savings: Connected smart devices can help organizations enhance the performance of systems and processes to save time.

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