Internet of Things (IoT)
The acronym IoT refers to the transfer of data over wireless networks (Wi-Fi) by smart devices, i.e. equipped with AI. This ‘smart’ revolution is increasingly affecting the competitiveness of companies and the quality of life of us all.
IoT: application areas
IoT technologies encompass a multitude of application areas, some of the most important of which are:
- smart city;
- smart building;
- smart home;
- smart factory;
- smart cars
- smart lifecycle;
- smart retail;
- wearable device;
- smart health.
The IoT is growing hand in hand with artificial intelligence (AI), machine learning, virtual and augmented reality, big data and blockchain.
IoT: advantages
The advantages of the Internet of Things are manifold. Thanks to IoT, there can be significant energy savings in the home, household appliances can be controlled remotely, and water, electricity and gas expenses can be monitoring (smart metering).
The use of IoT technologies implies major changes in the relationship between humans, the environment and the city. Smart cities reduce waste, provide more efficient public services and higher quality infrastructure.
Companies can benefit from increasingly sophisticated AI systems and real-time information exchange, profoundly changing best practices and business models.