So, what is the “Internet of Things” (IoT), and how does it impact businesses? It’s a system of digital devices with unique identifiers that have the ability to transfer data within a network without human or computer interaction. Furthermore, a “thing” within the Internet of Things can signify a person with a heart monitor implant, a vehicle with built-in sensors, or other natural man-made product with an Internet Protocol (IP) address and can transfer data over a network. Keep reading to check out how the Internet of Things impacts businesses.
How Does the “Internet of Things” Function?
Moreover, an IoT ecosystem includes smart devices that use embedded digital systems to collect and send data they retrieve from their environments. In addition, these IoT devices share the data they collect by linking to an IoT gateway, where data is transferred to the cloud to be inspected. So, the devices complete most of the work without human intervention. But people can interact with the devices by setting them up, providing instructions, or accessing the data.
The Importance of IoT
The “Internet of Things” assists businesses in working smarter. Plus, IoT offers businesses a real-time look into how their systems function. The system also delivers insights into everything from supply chain operations to the performance of machines. IoT also enables companies to minimize labor costs and automate processes. Additionally, IoT reduces waste and enhances service delivery – lessening the costs of manufacturing and delivering goods.
Benefits of IoT to Businesses
The “Internet of Things” provides multiple benefits to organizations. Some of the prevalent benefits of IoT enable businesses to:
- Enhance the customer service
- Save time and money
- Additionally, monitor their overall business processes
- Improve employee productivity
- Also, create better business decisions
- Produce more revenue
- Lastly, integrate business models
Ultimately, IoT encourages companies to analyze how they approach their businesses and provides them the tools to enhance their business strategies.
Get in Touch with FiberPlus
FiberPlus has been providing data communication solutions for over 25 years in the Mid-Atlantic Region for a number of different markets. What began as a cable installation company for Local Area Networks has grown into a leading provider of innovative technology solutions improving the way our customers communicate and keeping them secure. Our solutions now include:
- Structured Cabling (Fiberoptic, Copper and Coax for inside and outside plant networks)
- Electronic Security Systems (Access Control & CCTV Solutions)
- Wireless Access Point installations
- Public Safety DAS – Emergency Call Stations
- Audio/Video Services (Intercoms and Display Monitors)
- Support Services
- Specialty Systems
- Design/Build Services
- UL2050 Certifications and installations for Secure Spaces
FiberPlus promises the communities in which we serve that we will continue to expand and evolve as new technology is introduced within the telecommunications industry.