The Internet of Things is a disruptive technology that has touched the human existence in every possible way. The IoT brings together devices and sensors to facilitate data exchange between them. With seamless connectivity and data exchange, these “things” form a mesh that is capable of intelligent interaction. The biggest impact of the revolutionary technology has been visible in the form of smart home automation. In addition to changing the way we live, it has influenced the way we work too. The technology is seeing rapid adoption across diverse industry verticals.
Four Pillars of IoT System
Data Collection Devices
IoT system comprise of sensors, GPS devices, smartphones to collect data and transmit it for real-time processing. They are the eyes and ears of the network, ensuring data is timely seeded into the system.
Cloud Connectivity
The next step after data collection is its storage location. This is where cloud platform comes into picture. Cloud engineers upload data to the cloud through different methods including cellular networks, Bluetooth, or Wi-Fi.
Data Processing
Once data is stored in cloud and when request comes it is processed in real-time. Data processor devices analyse the collected information whether simple or complex in nature. For small setup, a smartphone or laptop do data processing while for industrial applications, CMMS are used.
User-Facing Interface
At the end, processed data is shared to the user and a friendly and easy to understand manner. User-interface could be in any form including dashboards, smartphones, smart wearable to comprehensive reports accessed by advanced CMMS.
Let us see the way IoT is driving growth for various industry verticals
Agriculture
The IoT uses smart sensors to connect farm equipment, livestock, fields, and agriculturists. These sensors gather usable data related to the crop, soil, weather, and more and enable the farmer to make data-driven decisions for better yield. IoT facilitates remote monitoring of soil, crop, and livestock as well as enables the farmer to automate field operations.
Manufacturing
The manufacturing industry is experiencing the IoT revolution today as equipment, processes, and employees have never been connected in such a seamless manner. The industry avails unmatched benefits such as process automation, enhanced efficiency, reduced costs, and predictive maintenance with this technology. A majority of manufacturing units are investing in smart sensors and wearable device apps to increase the productivity of equipment and workforce.
Healthcare
Another segment that is witnessing the positive impact of this innovative technology is healthcare. It has raised the standards of patient care manifold as patients can access remote medical assistance through smart mobile applications. Healthcare providers, on the other hand, have the advantage of a connected workforce, equipment, and inventory to keep track of them and gauge their productivity.
Retail
The Internet of Things has a far-reaching influence on the retail industry too, the technology has manifested itself in the form of beacon applications in this vertical. These apps connect with in-store beacons to deliver personalised notifications to the consumer. In this way, the technology serves a great customer experience to retail buyers. Additionally, it enables the seller to track the assets, manage inventory, and prevent theft and shoplifting.
Automotive
The adoption of the Internet of Things has been the biggest game-changer for the automotive industry. The concept of smart cars has been translated into reality with the technology. These smart vehicles are the future of the industry as they would be delivering comfort, speed, and safety like never before.
Energy
The IoT has changed everything about the energy sector too as it has enabled the energy management systems to conserve energy. Smart meters are being employed to monitor the consumer’s usage. The data collected by these meters can be used for predicting demand, spotting outages, and predictive maintenance.
IoT powered smart grids enable efficient power management and real-time monitoring of consumption. Moreover, renewable energy installations including wind turbines and solar panels is performed with security in a streamlined manner.
Food & Beverages
The IoT is improving efficiency, safety, and customer experience for food industry. The sensors keep a check of complete supply chain process for transparency and efficiency. Real-time check of temperature and humidity keeps product in good quality. Smart shelves and RFID tags are possible because of the food and beverage software solutions to get real-time updates. Staff get notification when product is low in number or if there are discrepancies.
BFSI Real Estate
Integrating IoT services in BFSI sector improve security, streamline operations, and personalize customer satisfaction. Real-time tracking of transactions and account activities to identify possible frauds. You can even provide personalized financial and insurance services with BFSI IT Solutions to improve customer engagement rate. Smart ATMs and mobile apps are in high demand for their seamless and convenient banking experiences. Real-time data is available to make smart decisions and claim settlement with personalized insurance policies.
Real Estate
Real Estate industry needs regular management of different properties, security enhancement, and creating smart spaces. This has become easy with introduction of IoT technology. The technology is making living space smart by offering automated lighting, heating, and cooling systems. Maintenance staff can perform real-time monitoring of building conditions for longevity and efficiency of properties. Connected home system is in the trend offering real-time insights and control over different home functions, resulting into an efficient and enjoyable living experience.
Media & Entertainment
Personalized content is the most demanding service to address for media & entertainment industry. IoT is a perfect technology to streamline production processes by collecting data on user preferences and behavior. Service provider receive real-time feedback through social media integration, and interactive content.
Successful and targeted marketing campaigns are easy to build with real-time data insights. Other technologies, such as virtual reality (VR) and augmented reality (AR), enhance user viewing experiences resulting into higher ROI. Smart home devices offer seamless control and improved viewing experiences.
Frequently Asked Questions
What sort of IoT services OrangeMantra offer?
At OrangeMantra, we have a diverse range of end-to-end IoT development services. The major ones to include are consulting, design, prototyping, migration, integration, and maintenance support. All services are offered by signing NDA for data security.
Do you follow any security process for IoT solutions?
At OrangeMantra, security of software application is of utmost priority. Major and best industry practices including encryption, boot processes, and regular updates, is implemented to keep your data and devices secure.
Do you have any experience of serving different industries with your IoT solutions?
OrangeMantra has a strong and skilled team of IoT developers. They have years of experience in serving variety of industries, including manufacturing, healthcare, agriculture, transportation, retail, energy, and smart cities. We can build solution from scratch or customize existing.
How does OrangeMantra approach IoT project development?
Our approach to any project development starts by understanding client requirements, designing custom solutions, developing and testing prototypes. Moreover, provide ongoing support for enhanced performance.
What makes OrangeMantra’s IoT solutions highly competitive?
The reason why our IoT solutions like supply chain management solutions stand out is because of the innovation, reliability, and advanced security. We implement latest technologies, offer seamless integration, and real-time support for successful project delivery.
Is OrangeMantra proficient in IoT system integration?
Yes, OrangeMantra specializes in integrating latest IoT solutions with the existing infrastructure, guaranteeing seamless operation and improved functionality across different systems.
Wrapping Up
The presence of emerging technologies like IoT have significantly transformed different industries. The advancement and trends they incorporate have changed overall structure. Businesses leveraging these technologies have achieved desired success in short time duration. Executives adopted these emerging tech trends are already have a competitive edge. You can consult experts for strategic deployment of IoT for your business overall growth.
At OrangeMantra, we have been serving different industries with our professional software solutions. Being a leading digital transformation company, we rely heavily on the latest trends that direct industrial world towards advancement. Connect with our trending blogs to stay updated with newest technology trends, and other crucial development in the world of emerging tech.
Besides these industries, others like logistics, hospitality, field service, banking, sports, and construction are also availing the positive influence of the futuristic technology. Therefore, it is important for all the industries to embrace the technology with open arms.