15 Real World Problems Solved by IoT

Real World Problems Solved by IoT

Are you curious about the ways that IoT is transforming our world and solving real-world problems? Look no further than the insights we gathered from 15 business executives across various industries. These experts shared their experiences with IoT and confirmed what we’ve always known: the possibilities of IoT are limitless and only constrained by the limits of our imagination. 

Let’s take a look at some of the incredible ways businesses are employing IoT development companies to address some of their most pressing issues:

  1. Utilities have found new ways to keep their systems secure and prevent electrical failures, thanks to the Internet of Things. With real-time data monitoring and reporting, issues can be addressed in a timely manner, even when different departments don’t typically communicate with one another. Communication and collaboration are key!
  2. IoT devices are making it possible to gather crucial information from devices that would have otherwise gone unnoticed. By measuring everything from pipeline temperature and flow to power line performance, problems can be identified and solved before they become critical. These devices can even serve as a backup power source when needed.
  3. IoT devices are transforming the way we troubleshoot and fix common household problems. For example, garage door sensors can now alert companies to issues, enabling them to provide remote guidance for repairs. In a B2B context, IoT is helping biolabs optimize their supply chain by providing real-time data on enzyme usage, ensuring clients never run out of critical supplies.
  4. Imagine a world where your devices can communicate and collaborate seamlessly with each other. This is the future that IoT promises to deliver. By connecting everyday objects, IoT development companies are using the technology to streamline our lives and work by making them more convenient than ever before. No more fumbling with separate remotes for each device or struggling to get them to work together. With IoT, everything works together in perfect cohesion.
  5. The real-time data provided by IoT sensors is a game-changer for efficiency and communication. By having constant access to useful data and information, we can make better and faster decisions to optimize our operations. From monitoring inventory levels in stores to ensuring machines are operating within acceptable parameters in manufacturing environments, IoT sensors keep us informed at all times. With the emergence of smaller computers and more advanced sensor technology, we’re taking commodity hardware and turning it into powerful tools for optimization.
  6. All great technology starts as a novelty, but as it becomes more convenient and widespread, it transforms into a necessity. The Internet of Things is now at the cusp of this transformation, making it easier than ever to control and monitor devices such as 3D printers. However, this is just the beginning. As IoT continues to evolve, it will become a core element of everything we build, rather than just a special feature. In the future, we may see printers that can source content from the internet, but who knows where IoT will take us next?
  7. The Industrial Internet opens up a whole new world of possibilities for decision-making. With connected devices and new apps, companies in the consumer and healthcare industries can save lives and prevent disasters, such as floods and earthquakes.
  8. Every IoT solution solves a problem, whether big or small. But it’s not just about connecting devices to the internet. Our innovative approach involves using cryptography, website, and code to create secure locks that don’t compromise on privacy. With our IoT solution, you get the benefits of connected devices without the risk of being hacked.
  9. With simpler and less expensive home health monitoring devices, such as scales and blood pressure monitors, we can prevent post-surgical events that require return visits to the hospital. We can also increase adherence to medication protocols and use data to predict health outcomes. It’s a proactive approach to healthcare that focuses on prevention and prediction.
  10. A connection between humans and their devices. Imagine being able to control your home with just your voice. With Amazon Echo, you can access all your songs from Amazon Prime and play them on demand. And that’s just the start! You can also link it to your home management system, controlling your garage door, lights, and HVAC all through voice commands. It’s like having your own personal assistant at home.
  11. How many times have you left devices on overnight or longer? With IoT, you can interact with your home or building to save energy. No more wasted electricity! From smart thermostats that learn your habits to motion sensors that turn off lights when no one is in the room, IoT is revolutionizing energy conservation.
  12. Health is wealth, and with IoT, it’s easier to keep track of your health than ever before. Health devices connected to smartphones can quickly diagnose health conditions and provide diagnostics to share with health professionals around the world. It’s affordable, accessible, and enables inventors to think about new use cases. IoT is even digitizing the power grid, giving us real-time data on energy usage and profiles for every device in our homes. The possibilities are endless!
  13. At Microsoft, we use IoT to monitor several thousand conference rooms to determine if they’re occupied, if A/V is working, what devices people are using, scheduling, and booking. The data is collected in the cloud to analyze uptime and failure rates, enabling proactive monitoring to see what’s going on. Microsoft has statistics about room use and occupancy that inform and influence the design of conference rooms on their new campus. In homes, Microsoft’s hub connects all light switches, thermostats, keypads, security systems, and provides statistics to the cloud so homeowners can view a dashboard to see how the home is being used. Occupancy use data is used to make suggestions on how to change real-time lighting, temperature, and more for the home. With many more touchpoints – switches, mobile phones, devices, reporting to the cloud versus a single thermostat (Nest) – more data is available for analysis.
  14. Asset management – how to engage information to run control systems. Understand the health of the asset producing the work. Know the health and diagnostics of the machine to reduce down time and proactively provide maintenance. Ability to tie the supply chain into the process and provide information back to manufacturing thus reducing costs and expense.
  15. Specific use cases:
    1. Implantable healthcare devices allow for continuous monitoring of vital signs and diagnostics, communicating the data to a base station and cloud app. Communications logic ensures secure data transmission following HIPPA laws, with notifications escalated as dictated by the data or situation. This can help with early detection and diagnosis of health conditions.
    2. Dams equipped with sensors monitor water levels and gate aperture, with preset thresholds triggering communications logic to respond appropriately. The logic considers staffing schedules and potential evacuation zones, notifying the right people and escalating communications as needed. This can help prevent disasters and ensure timely responses.
    3. IoT can make previously “dumb” devices smarter, such as using badges for access control, employee assignment, and business security. The person’s profile is continually updated, allowing for easy communication and emergency response. This can streamline business operations and enhance security.
    4. Assembly lines with complex machinery can use IoT to run numerous tests on items and actions, with data indicating pass or fail status. If something fails, the system identifies the people who need to be notified to deal with it. Depending on the severity of the failure, communication may or may not need to be escalated.

Wrap Up

The Internet of Things promises to deliver a future where devices can communicate and collaborate seamlessly with each other, streamlining our work and life and making them more convenient than ever before. Through real-time data monitoring, seamless device communication, and optimization tools, IoT is transforming our world and solving real-world problems across various industries. The possibilities are limitless and only constrained by the limits of our imagination. 

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.