5 reasons why IoT is the future of technology

Adapting a technology from the present may be a matter of necessity, but analyzing the technology to come is more than that. Furthermore, it is a futuristic approach that allows us to evaluate whether software development solutions, which will soon evolve, will have an impact on our companies or not.

One of these techniques is the IoT. The IoT or “Internet of Things” refers to a system that connects physical objects to the Internet, allowing them to transfer and store data without any human interaction. These physical objects can be any mechanical equipment, machine, animal or people; assigning them different UIDs. This means that with this technology you can control things wherever and whenever you want in real time.

What is IOT?

In the corporate or business world, IoT (or IIoT in industry) is connecting the physical world with the online world to have data about everything around us and thus be able to make better decisions.
With the continuous custom software product development, now there is not only the need to have data, but also for it to be in real time and help us improve as a company, in addition to being able to connect with each other to make holistic decisions.

Thus, now we have smartphones, tablets, laptops, smart machines, Smart bracelets, smartwatches and many other computerized devices that can communicate with other devices. This is the essential part of IOT, a party A communicates with a server and sends data in real time.

Benefits of IOT

The IOT is the future of custom enterprise software development. As with any other technology that is developed, there are some benefits and side effects of such technology. In terms of benefits, IOT allows us to do more things by controlling and monitoring these objects. IoT standards are not limited to home appliances, but extend their presence to industrial and commercial use. A common example of this technology is the remote control of a refrigerator in a supermarket or a hospital.

1. Greater efficiency

With this custom business software development, your mechanical equipment or machine can be controlled through the Internet and in real time, which would allow you to have efficient, available, durable machines in a very economical way, increasing performance and reducing maintenance costs. On the other hand, you can also monitor logistics, the cold chain and even your commercial team.

This monitoring will generate data that can be easily accessed in the form of dashboards and KPIs. In this way, companies can have data that allows them to make decisions based on real data in real time, thus avoiding future problems.

2. Cost savings

According to IIT Delhi estimates, investment in the country's telecom infrastructure has greatly contributed to reducing the overall cost of doing business by 10% because it has enabled them to include IoT more economically.

As we already pointed out in the previous section, having data on your production process will allow you to save maintenance costs, repair costs, optimization of production processes, personnel monitoring and much more.

3. Greater reliability

Decision making will be based on data and not empty predictions. Companies that incorporate IoT into their products, services, processes and more will have a competitive advantage because they will know in real time all the data and variables that are important for the growth of a company. This will allow them to even apply AI (artificial intelligence) to anticipate changes, adapt and continue growing.

4. Increased productivity

IoT will help you achieve your business goals. We know that the sales process in the business world is quite technical. Therefore, the need to provide the right tools to achieve business goals is greater than ever. Investing in IoT that helps your sales force will be vital to knowing where to improve.

5. Improved security

IoT enables end-to-end encryption of data generated and stored by the device, including SIM, Wi-Fi, GPS and Bluetooth.

The data obtained by these devices is encrypted by the connection system to protect it from hackers and cybercrime, so there will be no possibility of unauthorized access.

On the other hand, with the IoT, human intervention is no longer necessary, thus allowing the elimination of avoidable errors.