How The Internet Of Things Is Changing How We Do Business

One of the technology trends of the next decade will be the adoption of the Internet of Things (IOT) across the business landscape.

What Is The Internet of Things?

The internet of things is the name for the ability for everyday objects, devices and vehicles to collect data and transmit it via the internet. This allows for devices to be controlled and managed externally.

A Universal Example

Utilities are one area that the general public will see the IOT impact upon their lives in the next few years. Currently smart meters for electricity usage are being rolled out, which will allow companies to monitor and bill customer energy usage without having to enter the customer premises to carry out regular meter readings.

This is also being adapted to allow homeowners to control their heating remotely, this allows them to save money on their energy by having more control and ensuring that their house is warm when they go home by turning it on when they need it, rather than to a pre scheduled timeframe.

How Will This Affect Businesses?

The ability to use the principles of the IOT means that businesses can automate and manage processes that may have been previously difficult to track and monitor.

This can assist in the decision making process and allow businesses to have a tighter control of business processes and employee productivity.

At Aspiring Panda we have recently been working with and advising companies how to use the IOT in conjunction with IOS and Android apps to assist in previously difficult or dangerous monitoring tasks.

Helping companies understand the potential benefits of the IOT has underlined to us how this will be one of the most important tech developments of the next few weeks.

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