Internet of Things (IoT) has become a buzzword that is often spoken by Internet users lately. IoT means the internet has been integrated into computers, cell phones, and other electronic devices.
1. IoT sensors
An IoT sensor is a component consisting of a manual or digital sensor connected to a circuit board such as the Arduino Uno or Raspberry Pi 2.
The Circuit Board can be programmed to measure various data collected from sensor devices such as carbon monoxide, temperature, humidity, pressure, vibration, and motion.
What makes IoT sensors different from others is that they can not only collect data in different physical environments, but also send data to connected devices.
IoT sensors enable seamless control of data through automation that provides actionable insights. They can be used by many types of businesses for predictive maintenance, increased efficiency, and reduced costs.
2. IoT Data Analytics
In 2022, more and more businesses are using IoT-based data analysis to determine market trends and patterns by analyzing big and small data.
IoT data analytics can be used to analyze structured, non-structured and semi-structured data to extract different insights.
IoT can be applied to data analytics to investigate different types of data including motion datasets, geographic data, and healthcare data and others.
IoT can be used by businesses for predictive and descriptive analysis to increase customer knowledge, increase operational efficiency, and create business value.
3. Tracking and Monitoring System
Many businesses use IoT systems for asset tracking. IoT asset tracking devices use GPS or radio frequency (RF) to track and monitor property.
Often these devices are also used to monitor the delivery of medical goods during a pandemic. These smart devices can also be used for long-term identification and verification of assets.
4. Connected Factory
Businesses can also use IoT-connected factory solutions such as Azure IoT for management of industrial IoT devices. The connected cloud software can be loaded with different resources allowing control of various devices.
Connected factory solutions can report key metrics including equipment efficiency and telemetry data.
A data can be collected from assets located in different geographic locations and can use factory solutions to connect, monitor and control remote industrial devices.
5. Supply Chain Management
Supply chain managers can make better predictions through smart routing and rerouting algorithms.
Smart IoT devices connected to packages can provide instant after-event facts via GPS and RFID signals that can help make informed supply chain decisions.
IoT applications can help reduce the risk of uncertainty in supply chain management.
Supply chain managers can use intelligent supply chain management programs to minimize variance, reduce costs, and increase profitability.
Such programs can assist in inventory management, vendor relations, fleet management, and scheduled maintenance.
6. Barcode Reader
IoT based barcode or barcode readers can help in better inventory management for retailers. The reader supports AI-based digital signal processing.
These tools can optimize the operations of many sectors including retail, logistics, warehouse, and more.
IoT-based Barcode Reader features cloud data connections to connect with other systems. Using a connected barcode reader makes the inventory management process easier.
7. Smart Grid
Smart Grid is another IoT industrial application. This type of network allows real-time monitoring of data on electricity supply and demand. It involves the application of computer intelligence for efficient management of resources.
Utility companies can use IoT smart grid technology for more efficient outage management. They can use technology to identify load distribution and improve reliability. This technology can also assist in error detection and repair.
With smart grids, utilities can connect all their assets including meters and substations.
Applying IoT technology to the grid ecosystem allows utility companies to exercise greater control over infrastructure and power resources. In addition, they enable consumers with access to better quality energy.