The IoT ecosystem will impact the following industry sectors:
IoT applications allow for the control of Intelligent Buildings and Home systems: facility-automation and monitoring for building systems (HVAC, lighting, elevators, smoke alarms, fire extinguishers), building utilization, and security (room use, access, surveillance). This enables rational resource usage and saves valuable resources for the future.
IoT technology in the form of sensors records various indicators of soil conditions: moisture, plant nutrition, temperature, etc. Now there is no need to go around entire fields to control crops as the work can be done with smart systems and products. IoT use cases in agriculture include precision farming, livestock monitoring, irrigation control and automated drones for farm surveys, field mapping, crop spraying, and more.
Smart city solutions examples such as smart parking, noise mapping, smart lighting control, etc. will be extremely useful. These applications are under development, but their implementation is inevitable, because the prospects for public safety, air pollution monitoring, and optimisation of city traffic, especially in metropolitan areas, are enormous. Therefore the Smart City IoT applications are a fast-growing and very promising industry.
Industrial IoT (Industry 4.0)
Among the best examples of IoT applications in the industry are all kinds of sensors, software systems, and big data analytics for operations management and control in the shop-floor or remote production processes. Smart machines improve productivity and correct common human errors, especially those related to quality control and sustainability.
Top IoT applications track and shape supply chains in real time to help businesses make informed decisions and prevent shortages. Accurately tracking the availability of goods at a remote warehouse, based on the order or current demand, IoT applications automatically generate the best delivery or exchange operation scheme that is convenient for all interested parties. At the same time, the minimum need for labor is achieved and, as a result, the best economic effect of logistics in general.
The energy sector, which will grow by 40% in the next 25 years, requires a particularly painstaking approach to the design and organization of electrical networks. Thus, by collecting data on the time and nature of consumption, IoT applications analyze the processes of electricity circulation between suppliers and consumers, automatically optimize the use of resources, and improve their delivery parameters.
IoT use cases in medicine are changing the treatment of patients, tracking their condition and collecting vital information. Such solutions provide data on the current state of the patient, monitor their changes, and automatically warn of potential problems before they become critical. Data analysis using devices is aimed at improving the diagnosis of patients’ conditions. Constant monitoring of patients allows doctors to have a holistic and relevant picture of a patient’s wellbeing.
Already, we can use smart cars equipped with countless sensors and an internet connection to guarantee us maximum comfort. Other IoT use cases include remote control of doors and garage temperatures. Moreover, smart cars can independently assess the situation on a road and correct a car’s route without human intervention. They can also be used to update maps and assess traffic situations.