The Internet of Things is a network of physical objects – vehicles, machines, appliances and more that uses sensors and APIs to connect and exchange data over the Internet.
What makes IoT possible?
IoT relies on a comprehensive set of technologies such as application programming interfaces (APIs) that connect devices to the internet. Other fundamental IoT technologies are Big Data management tools, Predictive Analytics, Artificial Intelligence, Machine Learning, the Cloud and Radio Frequency Identification (RFID).
IoT architecture and platforms
Cloud-based IoT platforms and architecture connect the real and virtual worlds. Helping companies manage the security and connectivity of IoT devices, as well as collect device data, link devices with backend systems, ensure IoT interoperability, and build and operate IoT applications.
The IoT data explosion
Smart devices generate a huge amount of IoT data that must be analyzed and harnessed in real time. Predictive analytics and Big Data appear here. Machine Learning is also used to add context to the data and in this way generate actions without human intervention.
Industrial Internet of Things (IIoT) and M2M
In manufacturing, IoT is transformed into the Industrial Internet of Things (IIoT) – also known as the Industrial Internet or Industry 4.0. The IIoT uses machine-to-machine (M2M) technology to support all kinds of things, from remote monitoring to predictive maintenance.
Internet of Things benefits
We share with you some benefits of the Internet of Things.
- New business and revenue models
IoT is disrupting traditional business models and creating great opportunities for companies to create new services based on information and data from real-time sensors.
- Operating efficiency
Many companies use it to automate business and manufacturing processes, remotely monitor and control operations, optimize supply chains, and conserve resources.
- Workforce productivity
Technology is helping employees improve decision making, automate routine tasks, speed up communications, and more.
- Improved customer experiences
From integrating customer care with true product usage and performance to offering highly personalized products and services, IoT offers many ways to create more engaging customer experiences in the digital and physical worlds.
The Internet of Things is having a profound impact on many different industries and lines of business.