March 17, 2022

Why is the Internet of Things Important to Our Everyday Lives?

The Internet of Things (IoT) was here for quite some time. But it has become prevalent, especially in developed countries, where life is so fast and advanced.

The major reason for the same is the fast lives that they are living. They don’t have much time to even perform the household chores.

So with the technology of the Internet of Things (IoT) they can operate the washing machine, vacuum cleaners, water heaters, etc with a digital device that has a stable internet connection. 

Just see how advantageous it is for us…. Not only in the domestic arena, but it’s much more common in the industrial section too!

The penetration of IoT technology in our daily lives is on the increase, a recent study found out. It is expected that the IoT market will reach 520 billion US Dollars by the end of 2023. Also, the study found out that the growth was about 50 percent in each year after 2017. 

Well, let us now delve into some of the details in this article.

Definition: Internet of Things. 

The technology Internet of Things (IoT) allows us to either control or receive data about various situations from a digital device (like smartphones or computers), with the aid of a stable internet connection. 

Certain examples for how the Internet of Things can be used in our daily lives are as follows:

• Smart appliances like washing machines, air-conditioners, coffee machines, microwave ovens, etc.
• Smart security systems like smart locks, CCTV cameras, etc.
• Smart assistants like Amazon Alexa, Apple Siri, etc.
• Fitness trackers, sleep trackers, etc.

This advanced technology has simplified all our lives by saving time, money and the complexities involved.

How industrial IoT is making our lives better? 

The Internet of Things helps us to work smarter and lead much smoother lives. It’s also aiding the industrial arena in running them more efficiently and in full control.

The organizations can get real-time glimpses about the things happening on the production floor to the customer’s door. IoT aids in everything from “A to Z” things occurring in the industrial sector.

So it enables the companies to save time and money, reduce running complexities, enhance the quality of the products, increase safety and provide transparency into customer transactions!

 These all advantages aids to stimulate our economical growth of the society, by growing the entire participants in the economy in full swing.

 Applications of IoT in various other sectors

As we have seen above, the Internet of Things (IoT) has widespread use in the industrial as well as domestic sectors. Let us now see some more examples where this technology is useful to us.

Smart Natural Disaster Management 

 The Internet of Things (IoT) allows us to predict the natural disasters that may occur and thus helps us to act proactively. IoT aids in predicting the environmental conditions with absolute accuracy and helps us to evacuate the humans inhabiting the disaster-prone area as quickly as possible. Thus we can save many lives, which is our responsibility as fellow human beings.

Smarter Healthcare

Read our blog on 2022 Digital Transformation Trends in Healthcare

Smart wears are quite common in the present day. There are smartwatches and many other wearables that monitor our health conditions on a real-time basis. So if some medical urgency is needed such devices can initiate the necessary actions like alerting the family members, calling an ambulance, etc.

Such technologies are very much common in the developed countries and are on the onset in other parts of the world too…

Conclusion

This article has tried to mention the importance of adopting the Internet of Things in our daily lives. The advantages are plenty, be it in the domestic, industrial or social sector. 

IoT makes our planet smarter and living here much smoother. Being  custom software development company, we  help businesses embrace the transition smoothly with cost-effective and efficient technological solutions. Were you thinking about enhancing your business with custom solutions? Reach us today to make it happen!