IoT or Internet of Things is a game-changer. Although it has been around for years, it’s great potential to completely revolutionise the way we do business is growing as and when they are able to beat infrastructure challenges and invent new technologies to support it.
At GR Imagine, we have been fascinated with IoT and look forward to the implications it has not only on doing business, but also its ability to one day create a seamless online and offline marketing experience. So here’s a quick lowdown on what exactly is IoT and why is it such a big deal!
What is the Internet of Things?
IoT or Internet of Things is a term that covers the process of connecting separate devices usually not connected to the Internet so that it could relay critical data to the company’s cloud for further analysis.
Make ‘dumb’ machines ‘smart’
Although these machines are not dumb in any way, IoT allows a simple machine like a vending machine to send data about its inventory so that the marketer knows how well the product is selling and when does it need replacement.
Get what you want from your devices
It really depends on how you program your device to answer critical questions which will help you make data-driven decisions.
Who benefits from IoT
Reasons IoT is growing slowly
Future of IoT
Who’s already doing IoT sensors?
Raspberry Pi, Relayr's Wunderbar, and Intel's collection
IoT infra is expensive, so you can rent out the services
Amazon Web Services, Microsoft Azure, and IBM's SoftLayer.