The Internet of Things (IoT) is growing in adoption as we're seeing more and more devices connected to the Internet every day – with an estimated 75 billion connected devices by 2030.
But what exactly is an IoT device? Well, it can be anything from your refrigerator to your smartphone, as long as it has sensors or software built into its core functionality. Basically, anything with an IP address or wireless connectivity can be considered an IoT device because its functionality depends on being able to "talk" via some sort of digital network with other devices nearby (or far away).
The Internet of Things (IoT) is a network of physical devices – whether those are part of vehicles, buildings, or attached to boxes or industrial equipment – embedded with software, sensors and network connectivity that enable these objects to collect and exchange data.
The following are a few examples of IoT applications:
IoT data analytics can help your business in many ways. IoT data analytics can improve the efficiency of your business by providing insights into how it operates and where savings can be made. It also allows you to make better decisions based on the information provided by IoT devices, which will ultimately lead to improved productivity and profitability.
IoT data analytics has an even more important role in helping businesses predict future outcomes based on current trends, allowing them to plan ahead for any challenges or opportunities that may arise along the path.
IoT data analytics is a powerful tool that can be used to improve efficiency and productivity across many industries. The following use cases illustrate some of the ways in which IoT data analytics is being used today:
Without devices and connectivity generating reliable, useful data, your IoT solution might not capture the most useful analytics for business intelligence. To learn more about how KORE can help you deploy devices anywhere in the world and connect to the cloud for the best results, register for our upcoming webinar with Google Cloud, “Facing the New IoT Landscape with Hyperscalers.” Register now.
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