What is this?
The Internet of things is the internetworking of physical devices, vehicles (also referred to as “connected devices” and “smart devices”), buildings, and other items—embedded with electronics, software, sensors, actuators, and network connectivity that enable these objects to collect and exchange data.
Creates opportunities for more direct integration of the physical world into computer-based systems, and resulting in improved efficiency, accuracy and economic benefit in addition to reduced human intervention.
Saves cost, this technology could replace humans who are in charge of monitoring and maintaining supplies.
Tracking, the computers keep a track both on the quality and the viability of things at home. Knowing the expiration date of products before one consumes them improves safety and quality of life. Also, you will never run out of anything when you need it at the last moment.
The more the information, the easier it is to make the right decision. Knowing what to get from the grocery while you are out, without having to check on your own, not only saves time but is convenient as well
A world leader in microscopes and scientific instruments, Leica Microsystems recognized that it could differentiate itself by moving from traditional, reactive customer service to a proactive service model that would prevent downtime and predict problems based on monitored indicators.
By securing an IoT platform, Leica was able to quickly bring new self-diagnostic and remote-monitoring capabilities to market, fundamentally improving the value of their products through reduced downtime, specimen protection, and improved user self-service.
A company called Rest Devices has developed a set of baby pajamas with its Peeko Monitor designed to detect Sudden Infant Death Syndrome; when a baby’s respiratory rate reaches alarming levels, the parents receive a text message or phone call, or a call is made to 911. It’s a very rigid system, controlled completely by the pajama maker. The sensor can’t communicate with an alarm clock or house lights for additional alerts. In order for that to happen, Rest Devices would have to also manufacture those devices, or work with those that do.
“In order for that to happen, there needs to be a platform on which the devices can connect directly. Some companies have built their own platforms to connect devices manufactured by a single company, creating closed solutions to solve specific problems, but those closed solutions add to the fragmentation of the growing, and already crowded, industry. In order for all connected devices to communicate with one another, they all must be connected on the same platform.