Pros of IOT
Every new technology faces a million challenges in its initial phases. Internet of Things also poses some grave issues that need to be tackled well in order to utilize its fullest potential. But lets leave the threats aside for the time being and focus only on the positives in this post. Some possible advantages of IOT can be:
- Transportation: We have been using GPS to track movement of delivery trucks for years. IOT eases and simplifies the entire process by introducing a monitory sensor that helps to track distance and time locations and other contributing factors.
- Inventory management: As managing fleet, inventory management and tracking is also a major task. IOT is used to tag radio frequency sensors to track the location of products in real time. It has been instrumental in tracking the level of inventory and to stock it in advance, making alerts for unforeseen stoppages, automatically placing orders, etc.
- Promotions: Many businesses use IOT to send mobile promotions to frequent shoppers. This is done by keeping track of the shoppers history and shopping interests. It utilizes location-based tracking of the physical shoppers as well as those shopping over the internet.
- Assessing web user intelligence: IOT is used by third party web data aggregators to have a better understanding of their customer by tracking them on social media networks. This is essential to identify the key customers and their preferences.
- Facilitates warranty and maintenance services: IOT enables product tracking. This in turn helps to keep a track of products that require maintenance or warranty. This also helps in crisis moments like thefts to track and place a product.
- Vending technology: IOT has played a big role in enhancing the working of vending machines by enabling them to communicate to monitor inventory levels, determine pricing, etc.
These are just a few benefits of Internet of Things. It is evident that it opens a wide array of possibilities to enhance the quality of life in all aspects. But it is essential that we tap on the right spots to make this technology work the best for us.
