technology moon

1. What it is Internet Of Things And why it matters

2. The Internet of Things (IoT) refers to a vast number of “things” that are connected to the internet so they can share data with other things – IoT applications, connected devices, industrial machines and more. Internet-connected devices use built-in sensors to collect data and, in some cases, act on it. IoT connected devices and machines can improve how we work and live. Real-world Internet of Things examples range from a smart home that automatically adjusts heating and lighting to a smart factory that monitors industrial machines to look for problems, then automatically adjusts to avoid failures. Introduction-

3. The term “Internet of Things” was coined by entrepreneur Kevin Ashton, one of the founders of History of the Internet of Things the Auto-ID Center at MIT. Ashton was part of a team that discovered how to link objects to the internet through an RFID tag. He first used the phrase “Internet of Things” in a 1999 presentation – and it has stuck around ever since. Ashton may have been first to use the term Internet of Things, but the concept of connected devices – particularly connected machines – has been around for a long time.

4. Where is using IOT? Many industries use IoT to understand consumer needs in real time, become more responsive, improve machine and system quality on the fly, streamline operations and discover innovative ways to operate as part of their digital transformation efforts. Very known industries ● Retail ● Manufacturing ● Health care ● Transporation and logistic ● Energy

5. IoT unites data, analytics and marketing processes across locations. Retailers capture IoT data from in-store and digital channels and apply analytics (including artificial intelligence, or AI) for real-time, contextual listening and to understand behavior patterns and preferences. They often use IoT connected devices like RFID inventory tracking chips, cellular and Wi-Fi systems, beacons and smart shelves in their Internet of Things strategy. RETAIL

6. IoT connects all phases of the Industrial Internet of Things (IIoT) process – from supply chain to delivery – for a cohesive view of production, process and product data. Advanced IoT sensors in factory machines or warehouse shelves, along with big data analytics and predictive modeling, can prevent defects and downtime, maximize equipment performance, cut warranty costs, boost production yield and enhance the customer experience. Manufacturing

7. IoT technology captures data streaming in real time from the Internet of Medical Things (IoMT) – such as wearables and other medical connected devices that monitor exercise, sleep and other health habits. This IoT data enables precise diagnoses and treatment plans, improves patient safety and outcomes, and streamlines care delivery. Health Care

8. IoT with geofence-enabled location intelligence and AI, deployed across the value chain, can deliver greater efficiency and reliability for transportation and logistics companies. This technology can improve service quality, reduce downtime and boost customer satisfaction. It can also enhance safety and reduce costs by managing, tracking and monitoring connected vehicles, freight and other mobile assets in real time. Transportation & Logistics

9. The Internet of Things helps providers deliver reliable, fair-priced services and products. IoT connected devices and machines predict problems before they occur. Distributed grid resources like solar and wind are integrated through IoT. And behavior data – such as that collected from smart homes – improves convenience and security, and informs development of customized services. Energy

10. With the Internet of Things (IoT), we can understand the context (the time and place of the customer) to identify when we’re certain the customer needs help or an incentive to purchase, and we can respond proactively. For more information Visit- TECHNOLOGY MOON