Wireless technology is at an all-time high, with several options in the protocol, ranging from low energy chips for small devices to powerful chips whose application can be anywhere, and at super speeds.
The Internet of Things
For the Internet of things, this outburst of wireless choices is excellent news, as it gets easier and cheaper to create devices which can wirelessly communicate and achieve the required speeds of communicating wirelessly. For this reason, predictions show that devices connected wirelessly will be 8.4 billion by the end of 2017, up by 31% from 2016.
Convenience
Even as the ability to interconnect many things sounds so exciting, the key to making a difference is the application of an internet of things. With increased data traffic on the devices, businesses can revamp and alter their processes to make them more efficient and dynamic. One of the benefits is remote monitoring, with wireless chips for sensors, which can automatically send data, saving thousands of precious person hours.
The nationwide issuance of smart meters can enable the utility companies to extract consumer data automatically, without having to have a person go over. This way, consumers have accurate and up to date bills, while utility companies lower their operation costs, taking the readings with more efficiency. Similarly, according to ProtectYourHome.com, wireless alarm system solutions designed for a younger market help the individuals to track their property such as phones or even cars and houses wirelessly, and get notifications in case of security breaches.
Besides saving time, the internet of things monitoring system makes a business proactive, helping respond to issues before they are critical, instead of relying on the customer on the other end of a phone in a more agile market.
Big Data
The Internet of things can pave an opportunity for big data. The more data one can collect, the more they can obtain valuable information. Any business can use the internet of things to collect the data and even detect and analyze patterns to more accurately understand the consumer mindset. This powerful technology could give the competitive advantage to any company that invests in the internet of things.
With the ability to interconnect many devices seamlessly, the Internet of things IoT comes about, that has many benefits to users, such as speed of collecting, processing and analyzing data. The utility companies can as well improve their efficiency of collecting data, and in the process provide the convenience for the customers. There is plenty of potential for the technology in the future.