What is IoT? Give 5 Examples

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Introduction 

The phrase "Internet of Things" has probably come up in conversation with a coworker, in a piece of writing, or in an advertisement. However, the term is broad and may encompass an excessive volume of data. The Internet of Things, popularly known as IoT, can be defined as the expanding network of interconnected items exchanging data in real-time through the use of integrated sensors. Appliances like smart refrigerators, smart mobiles, smart door locks, smart bicycles, medical sensors. fitness trackers, smart security systems are all examples of IoT devices. 

What is IoT?

The network of physical items or things that are implanted with sensors, software, or any other technologies for communicating and exchanging data with other devices and systems via the internet is known as Internet of Things (IoT). Close to 7 billion connected IoT devices are there and analysts have predicted that there will be 10 billion by 2020 and 22 billion by 2025. The best part about the IoT Technologies is that they allow computer systems to communicate with other IoT-enabled things.

What are Examples of IoT Devices?

IoT is a new and developing technology. And this technology has changed the way of living by improving human lifestyles. Industrial devices, homes, and cities are becoming smarter. Some of the most significant examples of IoT devices are as follows:

• Smart and secure home
• Digital AR Glasses
• Smart activity trackers
• Smart Farming
• Digital twins
• Automated Self-Healing Machines
• Ingestible electronic devices
• Industrial safety
• Vibration detection

5 Best Real-Life Examples of IoT Devices 

By now, you already know about IoT and its examples. Below we have highlighted the 5 best examples of IoT-based applications in today's world.

1. IoT Data Analytics

Today, businesses use IoT data analytics to control data trends and patterns. These trends and patterns help to improve customer knowledge and multiply business value. IoT applications can analyze big and small structured/unstructured data to extract meaningful insights. IoT Data Analytics apps can be used to analyze different types of data – healthcare data sets, motion data sets, geographical data, etc. 

2. Smart Supply Chain Management

Supply chain management is one of the best IoT examples. Managers rely on smart IoT devices to make improved predictions. It works on smart routing and rerouting algorithms. GPS (Global Positioning System) and RFID (Radio Frequency Identification) signals are IoT examples. These devices help to make informed supply chain decisions. Supply chain managers use smart supply chain management programs to mitigate uncertainty risks in supply chain management. Minimized variance, reduced costs, and improved profitability are all gifts of IoT technologies. 

3. IoT Sensors

IoT sensors are one of the top real-life examples of IoT. These sensors contain manual or digital devices connected to circuit boards. Programmers use circuit boards for measuring a range of data collected from an IoT sensor device. IoT sensors collect data in different physical environments as well as transfer data to connected devices. Seamless control and flow of data, automated insights, predictive maintenance, and enhanced efficiency are all possible because of Internet of Things sensors. 

4. Connected Healthcare Systems

Associated medical care is another top example of the Internet of Things applications. It is IoT technology that supports the idea of associated medical services framework. Medical organizations rely on IoT healthcare systems for the customized examination of patients' well-being. IoT has given new dimensions to therapy and clinical assistance. 

5. Smart Grids

Smart grids are another popular industrial application of IoT. Utility organizations rely on the IoT grid for real-time data examination regarding the supply and demand of electricity. Computational intelligence applications are used for the efficient management of resources & interruption of services. IoT technology in smart grids helps identify load distribution and enhance reliability. It also helps utility companies to support better power control & quality access to energy.

Applications of IoT Devices

IoT devices are used in a diversified field. Some of the top applications of the Internet of Things are as follows:

1. Smart Homes

IoT devices are used in the smart home. Home automation includes smart lock systems, camera systems, refrigeration &, etc. These IoT devices automatically turn off when they are not in use. Amazon Echo & Google Home are the top examples of IoT.

2. Smart Farming

IoT applications include smart farming which helps farmers to be more productive. Farmers rely on IoT technology to increase the production of essential foods. Such farming helps in the cultivation & storing of surplus during heavy rain & virus attacks.

Pros and Cons of IoT Applications 

Pros: 

1. IoT devices help you access information & data from throughout the globe. 

2. It is IoT technology that supports reduced human effort in repetitive tasks. 

3. Data transfer over the network reduces time & investment. 

Cons:

1. Using IoT devices increases the risk of network attacks. It is because the Internet of Things devices are interconnected over the network.

2. IoT systems setup requires a higher cost.

3. Due to automation, there is a risk for human-oriented jobs.

Final Takeaway 

All in all, we can conclude that the Internet of Things (IoT) has endless applications and examples. IoT devices & their ever-expanding applications have the potential to rule the business domain. It is 2022 and you must understand the origin and the application of IoT. 

IoT device security is used in networked security cameras, smart refrigerators, and WiFi-capable automobiles. IoT will be the foremost technology that is expected to determine the fate of all future technological developments. Hence, you must try to master the process of securing these IoT devices because IoT-based solutions will rule over businesses & emerging technologies. In case you want to know about IoT in detail you can explore the courses offered by The IoT Academy.