5 industries Internet of things will change beyond recognition
Connected devices are spreading across the world and their cost is rapidly falling. That is why many people come to the conclusion that Internet of things will radically change the future of mankind. In some areas, changes already started and they will only progress with time.
The most obvious area for applying all kinds of sensors, detectors and tracking systems, which IoT industry massively produces. When combined with drones, connected devices take agriculture to an entirely different level of performance: systems monitor those indicators, which people could not control without special tools and tests. For example, soil moisture and presence of substances necessary for plant growth. These systems let farmers know that something went wrong and this frees up huge amounts of time for expanding food production.
IoT is also used in animal farming. Microchips embedded under the skin of animals collect data about their health.
It’s pretty obvious here - IoT is rapidly increasing the number of portable devices and all devices that can receive data directly from the Internet and transmit it. All sorts of gadgets, from connected cars to smart refrigerators and already familiar smart watches, it’s all IoT. And all this allows advertisers to collect as much detailed information as possible about how the brand’s TA lives, its habits, likes and dislikes, interests and troubles. Internet of things is a path to the most targeted advertising possible, where getting an ad to an uninterested person tends to zero.
The importance of this field of human activity is hard to overrate. IoT opens new horizons - in this sphere, 20-30 years ago, such thing as telemedicine seemed to be just an impossible idea, now it is an everyday reality. The technology is only starting to develop but connected devices already make remote diagnosis and monitoring patient's state possible.
The largest manufacturers of wearable devices are beginning to produce telemedicine devices. For example, Jawbone no longer produces fitness bracelets and is fully focused on medical trackers; IBM is developing a hub for telemedicine gadgets that collects data from all patient’s devices into a single statistic. And these are just the first steps in a new direction of healthcare.
It's not just about real estate sales, it’s also about the construction process itself. Everybody talks about smart houses and even smart cities, and functions like "light is turned on by voice command" are not the only thing that make them smart. IoT devices reduce energy consumption for house maintenance, regulate temperature, prevent breakdowns and accidents inside, allow controlling everything in the house from a distance, provide security and much more.
It's mostly about logistics, IoT technology allows you to give a special digital identification to anything produced in the world, and track its movements anywhere and anytime. This will make logistics more transparent and efficient.
The format of many stores will also change. For example, why spend time in the fitting room, if you can just let the sensors compare buyer’s size with the size of the item and tell you if it fits? By the way, this will lead to a decrease in clothing costs, since retail will no longer need to rent huge stores, decorate shop windows and hire staff, everything will move to the Internet.
It is expected that by 2022-2023, the amount of traffic consumed by IoT devices will exceed the currently leading smartphones, tablets and PCs. The number of connected devices will go from this year’s 8 billion to 20.4 billion in 2020.