FX.co ★ 7 areas impacted by Internet of Things

Smart home technology

Devices used in smart homes such as smart light bulbs, smart air conditioners, and smart refrigerators are the most popular examples of the IoT. Experts believe that the smart house technology is one of the most promising areas for the IoT implementation.

Portable devices

Portable is a device attached to a human body and controlled via an app on a smartphone. It reads individual biometric indicators or monitors physical activity of a person. The leading companies in this industry are Apple, Samsung, and Motorola. They develop smart watches, fitness trackers, GPS straps, and smart implants, etc.

Industrial Internet of Things

The application of the IoT to the manufacturing industry is called the Industrial Internet of Things (IIoT). In the industry, all kinds of sensors, software systems, and big data are most frequently used to develop futuristic designs and accurate calculations. According to analysts, smart machines significantly increase productivity.

Smart machines

Smart machines include self-driving cars, robots, and drones that use artificial intelligence (AI) in order to automate functions which ensure highly effective interaction with the environment and people. According to experts, the rapid expansion of smart machines can lead to a transition from separate self-controlled devices to numerous groups of interacting smart things.

Smart city

Smart city concept provides effective management and high living standards by means of innovative technologies. The idea of its creation appeared in 2008 when IBM developed the scheme of similar megacities. Smart city technologies include smart parking spaces, noise maps, smart lighting and roads. Nowadays, such programs are being implemented in Amsterdam, Barcelona, Madrid, Stockholm, Chicago, Beijing, Dublin, as well as some large cities of Russia.

Energy IoT

IoT is also applied in the energy industry. Major companies collect hard data on the amount of resources consumed and develop new customer-oriented services. Experts believe that the IoT can transform the traditional energy industry into a digital one. Smart networks and intellectual meters are widely used in the power engineering. Such networks are able to gather information and instantly analyze electric current circulation.

IoT in healthcare

Healthcare is the most perspective industry for the IoT which allows hospitals to use a personalized approach to patients’ health information and the development of treatment methods. Vital signs monitoring devices are another significant IoT innovation. There is a good chance that, in the future, patients with wearable technology devices will be under supervision of doctors 24/7, so that when patient’s condition changes, a doctor can immediately prescribe treatment.