As per statistics, about 60% of the enterprises use IoT for various purposes.
IoT, Internet of Things is proving itself to be the
best solution for various day to day challenges. Not just for a particular
arena or to a particular customer, but also various businesses are using IoT
for streamline operations, data collections, and mainly to offer better
services to their customers. This is why it is becoming widespread in the
entrepreneur community and is recorded to be used by a count of 60%.
IoT applications are not just restricted to some
industries, rather various industries, can explore its applications in the
following ways
- Improving
Product lines
Talking about the agriculture industry, monitoring the
crop conditions form the basis for the yield. For this to enhance, John Deere,
who is the manufacturer of tractor equipment, has addressed farmers with IoT
device management designs for their needs.
Citing an example for it, before planting seeds,
farmers need to check for the soil condition like the softness or the hardness
of the soil, which in turn determines the amount of pressure to be applied in
order to get the maximum yield. For this, John Deere provided sensors which can
measure the pressure required to apply on the seed. Thus helping the farmers to
find ease in their jobs. These sensors can be easily operated as they are connected
to remote planters and farmers can make adjustments at any time and from any
place.
In the above example, both agriculture farmers and
agriculture equipment companies, both are benefitted from IoT.
- Reduced
Shipping Cost
There are certainly challenging in the automobile
industry like high expenditure for maintaining vehicle fleet, vehicle
disturbances like breakdown and accidents. In order to meet these expenditures
effectively, Saia LTL Freight, an International truck manufacturer, implemented
IoT programming for reducing these expenses. Now, this company’s trucks are
loaded with IoT devices which can monitor the vehicle conditions continuously.
These sensors serve functions like alerting drivers
and dispatchers for meeting fuel efficiency problems, meeting various
maintenance needs and safety issues. This ultimately serves for predicting and
resolving the repairs before accidents or breakdowns occurs, which in turn
helps in major long-term savings.
- Easing
customer lives
The best thing about IoT is that it can communicate
with other devices as they are connected with other devices for performing
various tasks. For instance, ‘’smart thermostats’’ can be connected to mobile
phones which helps the user in adjusting them from any location.
Seeing this application in practicality, Citigroup is
using this principle to ATMs. Using this technology, users need not use their
debit card to cash withdrawals. With the help of smartphones, the user can
schedule their cash withdrawal, and then can arrive at ATM centre at a
scheduled time. Using a code on the customer’s phone, their identity is
confirmed and the transaction is processed. The identity confirmation can also
be using a user’s iris.
Conclusion:
Above mentioned are some of the examples of IoT
Solutions, still, there are numerous applications of IoT in various
industries. Using IoT App Development, high-quality
products whose behaviour can be monitored for better performance can be
produced. If you need any such IoT solution, FuGenX Technologies will
help you. At FuGenX Technologies, various designers, developers, testers are
available who are experts in developing and delivering amazing tech solutions.
Also Read: Taxi booking App for Android
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