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All About the Internet of Things (IoT)

Technology
Updated:
5/26/25
Published:
9/22/22
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All About the Internet of Things (IoT)

Do you have a Google Home or Amazon Echo device in your house?

Have you heard of smart locks and lights? Do you wear a Fitbit or an Apple Watch?

All these are examples of the Internet of Things (IoT) that are now part of our everyday lives!

IoT has been the tech on everyone's lips in the last few decades.

It brought a variety of innovations and has been growing over the years.

But what exactly are the real-life uses of IoT? And how far can it go?

In this article, we'll cover the concept of IoT and explain how it works.

We'll also include examples of IoT in action and the problems it could help us solve in the future.

What is the Internet of Things (IoT)?

Kevin Ashton coined the term "Internet of Things" back in 1999.

The concept refers to the network of objects somehow connected to the Internet.

These objects include sensors, software and other technologies.

Further, they exchange data by connecting to devices and systems over the Internet.

As a result, the gathered info can go through analyses and trigger specific actions.

We'll give you a couple of examples so you can understand what this looks like.

It could be a sensor on a supermarket shelf that, when it realizes a product has run out, orders more of that product.

Or a smart smoke alarm that alerts your phone in case it detects smoke or fire.

In consequence, this ensures you know something is wrong even if you are away.

How does the Internet of Things work?

There are four components to an IoT system: Sensors or Devices, Connectivity, Data Processing and User Interface (UI).

First, the Sensors or Devices collect data. Think of a wearable device to track how fast you run.

This data then goes through the cloud—where Connectivity comes in.

Once the data gets to the cloud, software takes care of Data Processing to get your average running speed.

Finally, the information produced by this product is available to the user through the User Interface.

The UI can notify the user through an alert or message, or the user might check on the system themselves.

This may also cause the user or the system to take action.

For example, users might adjust their running speed goals for future workout sessions.

Where is the Internet of Things used?

The Internet of Things has a myriad of uses! But what are them?

We'll also touch on some of the business issues that IoT solutions tackle.

Internet of Things (IoT) for Users

IoT for Smart Homes

Think of Amazon Echo, Google Home, and Amazon Alexa— voice controllers or smart assistants.

These devices allow users to control different aspects of their household.

Uses include switching lights on and off, playing music and checking the weather.

Moreover, these also can control appliances like air conditioning, alarms and thermostats.

IoT for Wearable Tech

A wide array of wearables collect data and information about users.

Their primary purpose involves health, fitness and entertainment.

These devices go from glucose trackers and asthma monitoring to virtual reality goggles.

Not only are IoT wearables great gadgets, but they can be lifesavers!

IoT for Connected Cars

Connected or smart can optimize their operations and maintenance.

They can also improve the comfort of passengers.

With onboard sensors and connectivity, these can make driving safer and more enjoyable.

IoT for Security and Safety

We can thank IoT for advanced data communication in biometric security systems.

Other IoT solutions include smart smoke alarms that send alerts to your phone.

Also, there are smart locks and doorbell cams that you can manage remotely.

If you are looking for examples, Marathon Kids is a great example of health tracking.

Also, you can check FlashParking's smart parking solutions.

Furthermore, the BSA is an excellent smart sensor to detect vehicle blind spots.

Internet of Things (IoT) for Businesses

IoT for Retail

Various IoT applications help retailers track inventory and optimize the supply chain.

For example, environmental sensors can ensure no issues within cold chains.

Also, smart shelves with weighted sensors can send data to IoT platforms to check stocks.

This tech sends alerts if a specific product is running low.

IoT for Finances

Examples of IoT financial solutions include smart cash points to cash vending machines.

It has been a crucial aspect of online banking, fraud detection and mobile payments.

Further, it's relevant to blockchain-based smart contracts and virtual currencies.

IoT for Healthcare

We covered wearables in the previous section.

Yet, there are many other IoT applications when it comes to healthcare.

These include adding sensors for the accessible location of patient-assistance assets.

Also, IoT helps to automate medication dispensers and trigger reminders for cleaning protocols.

IoT for Manufacturing

The Internet of Things makes it easy to track production lines.

As a result, it can detect the need for maintenance due to impending fail res.

Also, IoT solutions can improve product quality and optimize resource allocation.

What Problems Can The Internet of Things (IoT) Solve?

What about IoT's ability to improve our lives?

We've reviewed several examples of IoT, but they still have much-unrealized potential.

Here are some IoT applications that could make our lives better in the future.

IoT for Traffic Management

There are countless cities where traffic is a significant issue.

In these locations, jams take considerable time out of people's day.

IoT can potentially connect traffic signals, smartphones, vehicles, and cameras.

All this data could prevent traffic jams!

There is already a smaller-scale application of this type for ambulances in India.

The IoT app helps ambulances communicate with traffic signals.

As a consequence, they can move faster during emergencies.

IoT for Energy Conservation

We all know how important energy conservation is right now.

In this context, smart homes have great potential to help with this issue.

With connected appliances, homeowners can track energy usage.

Further, automatic sensors can switch devices off when not in use.

Some of these features are already a reality.

But IoT has a lot of promise for further development in this area.

IoT for Agricultural Problems

Many developing countries' economies depend on agriculture and farming.

Not only that, the potential shortage of food resources is an ongoing global concern.

With population growth and climate change, solutions in this field are welcome.

IoT applications that use predictive tech can be a powerful tool for this industry.

With data on soil, rainfalls, and yields, farmers can plan for better results.

Besides, IoT can help increase efficiency in agricultural production processes.

This includes early detection of diseases and saving water through intelligent irrigation systems.

IoT for Waste Management

Waste management is critical across the globe.

While there are solutions related to bin monitoring, there's potential for much more.

A possible solution is waste truck coordination.

This application would reduce harmful emissions created by those trucks.

The Internet of Things (IoT) and Big Data

IoT and big data are inextricably connected.

The number of IoT-connected devices is already considerable!

Further, as we've seen, it is expected to grow over the next few years.

This growth means more and more data collection. All this data must go through reading, processing, and transmission.

Here is where Big Data comes in. It helps exploit these large amounts of data.

Big data collects, stores and analyzes the data provided by the Internet of Things.

Also, it implements the reports of that analyzed data.

Why is the Internet of Things important?

The Internet of Things has brought about many improvements to various areas.

In this section, we'll go over a handful of IoT solutions that highlight its importance.

  1. Decision-Making. The amount of data that IoT sensors can collect can help make more informed decisions.
  2. Productivity. The IoT has brought about automation for a lot of tasks for users to focus on more complex tasks.
  3. Resources. The Internet of Things makes tracking and monitoring considerably faster and simpler.
  4. Safety. IoT solutions can help with scheduling maintenance to enforce workplace safety and regulation compliance.
  5. Quality. All the benefits that stem from the IoT lead to a better quality of life by optimizing resources and increasing productivity and efficiency!

Conclusion

The Internet of Things has already made our lives easier in countless ways.

What's more, it has the potential to improve our quality of life considerably.

There seems to be no end to IoT applications, and we look forward to what solution comes next!

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