The Internet Of Things TransForms Three Industries!

Imagine if your coffee maker was connected to your alarm clock to make coffee — no matter what time up the alarm goes off. This is just one example of how the Internet of Things (IoT) can make our day-to-day activities more comfortable, productive and efficient. 

Other potential examples for IoT technology range from the businesses to consumers: Colleagues at work can be notified of your possible delay because of an expected traffic jam on your way to office. Your home thermostat can adjust the temperature according to your preferences just before you return back home and saves energy at times of the day when everyone is away. IoT is a technology evolution in which “things” have become instrumented, interconnected and intelligent. Everything around us that can generate data about itself, analyze it in conjunction with other events, or share it with other objects to create meaningful outcomes is part of the IoT.
The Internet of Things also opens the door to a wide range of new business models and services that can completely change the way we live. A study done by the GSM Association (GSMA) said that the total number of connected devices would reach 24 billion worldwide in 2020, creating business opportunities for as much as $4.5 trillion by 2020.

For years we’ve talked about how IoT has the potential to change our world, but the challenges have always been battery life, short distances, high costs and difficulty to deploy.

The potential for IoT is rapidly evolving. Here are three key industries — Healthcare, Automotive and Government — where the IoT could have the most immediate affects:

1. Healthcare Industry: The IoT can revolutionize the way personal healthcare systems are being managed now. Healthcare providers can monitor the medical conditions of patients through home-health monitoring sensors, mobile devices or even miniature implantable devices. This data can then be provided to doctors in real time, without the need for patients to visit the hospital or clinic.
Automated alerts can also be generated in the event of severe health problems to enable fast response from medical crews to save a patient’s life. And, all of this data is consolidated into the patient’s electronic medical record to help doctors make better medical decisions based on complete, comprehensive, up-to-date patient information.
The use of analytics to predict outcomes, by analyzing patient diagnostic information and correlating such information with historical medical incidents from the patient’s electronic medical records, can also help to identify and develop more effective, personalized treatments.

2. Automotive Industry: Automakers can now gather and analyze near-real-time data about their manufactured vehicles on the roads to better analyze and identify which operating factors — such as road conditions, trip length, or temperature — affect different vehicle parts. By relating this operating data to production management, automakers will gain better understanding about which electrical, mechanical and environmental factors affect the performance, safety and functionality of their vehicles.
At the same time, automakers can also create more accurate simulations in the design phase for their new vehicles based on this data. The result is better vehicles and an enhanced manufacturing process. IoT implementations in cars can also benefit vehicle owners. The data gathered from different sensors can predict when certain parts of the vehicle need to be replaced, and that data can be displayed graphically to alert drivers before it fails.

3. Government:
Public safety is the number one priority for every government around the world. Building a network of interconnected security sensors and surveillance cameras will allow security personal to respond more quickly and intelligently to threats. These connected devices can act as a nervous system to detect, classify, locate and track potential threats by collecting and analyzing thousands of events in near real time.??A security network can also play an important role in anticipating possible incidents before they occur by analyzing incidents and crimes that happened in the past, understanding the factors associated with them, whether they’re related to a specific time of the day, place, or certain events, and correlating those incidents with what is happening right now.
Traffic management is another concern in urban cities today. However, it is now possible to help citizens of congested cities to decide, for example, the best time and method to commute from one place in the city to another. Users can now determine when to leave in order to catch a bus, train or flight at the airport, without any delays because of traffic.
By analyzing traffic data coming from different sources, such as surveillance and traffic cameras, GPS data from cars and trucks, weather information and public transport systems, it is possible to predict, improve and eliminate traffic congestion.
These are just sample scenarios of how the IoT could transform many industries around us, but the future potential is endless.  Forbes   http://ow.ly/KfJAH