Nothing is more rapidly evolving in our current technological world than the Internet of Things. Keeping up with every trend is nearly impossible. Things change so rapidly that trends are driven faster than anywhere else. Here we’ve compiled five of the biggest current trends in the Internet of Things.
“It’s the beginning of machines taking over the world making life easier and manageable.” IoT is when everyday products such as refrigerators, watches, speakers and more connects to one another via the internet to the internet and to one another. The Internet of Things is already transforming our homes and workplaces.
- • Smart Cities
Up until recent years, most smart technology was consumer technology. It wasn’t designed for use in municipal or state activity or administration. We would use these things in our homes.
Today, that has changed. Not only do many official bodies habitually utilise smart technology and the Internet of Things generally, now the emergence of smart cities is beginning. Cities in the US are adopting all kinds of smart tech, from parking metres to traffic lights.
Smart city spending is expected to reach as much as $158 billion by 2022.
One of the biggest challenges facing emerging technology in recent years has been the issue of security. Widespread breaches have been common, are cyber attacks are becoming more and more sophisticated.
The Internet of Things will rise to meet these challenges. The networks must be the ones to put a stop to the attacks, but the Internet of Things will be able to sell itself on its extensive security measures.
Manufacturers and consumers must both be equally aware of potential threats to restore full faith in the Internet of Things, and trends are showing the security needs to rise to this occasion are being met.
- Data and Analytics
Keeping businesses in resilient in the wake of the pandemic has relied on a lot of different factors, but one of the most important is the integration of data streams. Cloud data and analytics are being increasingly utilised in IoT networks, and these analytics are fed into machine learning algorithms.
This kind of utilisation of an interconnected network of data streams and data analysis have direct impacts on IoT trends. IoT data can be sold as a commodity, targeted at many industries but particularly appliance manufacturers.
Most executives now believe that using an arsenal of data and analytics technology is the much better solution than focusing solely on one.
- Workforce management
Businesses have had to adapt in more than a few ways over the last year or two, and IoT technologies have been invaluable in managing workforces in the changing world.
Through a variety of IoT technologies, companies can ensure their remote work force is as organised as it ever was. Beacons are expected to become a remote work mainstay, used to send members of the work force tasks and to monitor performance.
This data can then be utilised to create management and performance solutions.
- Customer service
The provision of data through an IoT network can vastly improve overall customer experience—not just employee optimisation.
In premise, IoT systems can detect customer problems and even report customer issues before the customer is aware of them. Efficiency is one of the number one factors in customer satisfaction.
The Internet of Things will continue to optimise and improve the customer experience through, again, the provision of data, the power of CRMs, and its ability to detect problems.