Read on to find out the key things to know about IoT app development
According to a 2020 report by Fortune Business Insights, the IoT market is growing at a blistering pace and is expected to reach $1.4 trillion by 2027 at a CAGR of 25%.
As far as IoT healthcare and medical devices are concerned, Zion Market Research estimates that the global market of IoT healthcare will reach $14 billion by 2024 (Zion Market Research, 2018) and the global IoT medical devices market will reach $62 billion by 2025 at a 16% CAGR (Zion Market Research, 2019).
Clearly, we haven’t even started to scratch the surface as far as the potential of the Internet of Things Industry goes. This is one technology that is expected to practically overhaul the processes and workings of many industries and consequently, have an impact on the world that we can scarcely imagine.
Even though the implementation of Internet of Things Companies is fairly new, IoT devices are likely to be everywhere soon, from people’s homes to smart cities and from agricultural fields to manufacturing plants and oil rigs.
Application development services for IoT are picking up pace and companies are finding it hard to find and retain talented IoT developers. Consumer IoT, in particular, is likely to be in dire need of mobile apps compared to use cases, such as, enterprise or agriculture. In the latter, admins have the option to directly connect to the cloud or use web apps for control.
In this article we will cover the basics on IoT mobile app development and key things you should know about it. Managed IT Services Vancouver can help you understand the potential of Internet Of Things Applications for your business.
IoT Hardware covers a whole range of low-energy sensors that typically use Bluetooth and communicate via the internet. Since mobile devices mostly serve as endpoints, they need to be considered as a part of the hardware component of the IoT system as well. Developers also need to decide whether they want third-party or custom hardware.
IoT system software is generally a cloud-based application, either on web or on mobile. The software serves as a centralized dashboard for administrative control and management of all Internet of Things devices connected to the network. This dashboard is also used to gather information from sensors and present it to users in an intelligible format.
The cloud is an important enabler for IoT as it is responsible for data processing of all the data collected by IoT sensors. One of the biggest advantages for businesses making use of the cloud is that they don’t need to invest in physical resources for storing the humongous amounts of data that IoT generates.
The network is the pathway through which data travels to and from the mobile phone to sensors and vice versa. The network is the central link between all devices in the IoT system. To know more about Internet of Things Technology, please refer to IT Support Vancouver.
Diverse range of use cases for IoT apps across industries
The impact of the Internet of Things in healthcare is expected to be transformative for the industry. IoT in healthcare can be enabled through hardware such as wearable devices, microscopic sensors, or a variety of scales and monitoring equipment enabled with IoT sensors. This will enable real-time and precise monitoring of patients’ health metrics, and allow for faster preventative measures, precise diagnosis, early intervention and result in better treatment efficiencies and improved patients satisfaction. Healthcare organizations stand to benefit a lot from these as well as improved efficiencies will result in significant cost reductions, better control of equipment and operations, and more efficient leveraging of human resources.
Integrated IoT solutions are already at play in some of the larger logistics organizations around the world. The logistics fleet is equipped with sensors that can track position, humidity, temperature, and even adjust and find best routes for deliveries.
Such improvements have majorly benefited logistics companies that have managed to cut down transit times by half, enabled better control over deliveries, and enhanced customer experience. If you’re looking for help with implementing Internet Of Things IoT in your business, please contact IT Outsourcing Vancouver.
Retailers have focused on improving customer experience of order fulfilment through smart organization of the logistics of product transport from warehouses to the store shelves or directly to the customers.
IoT devices such as smart sensors or RFID tags, enables retailers to effectively monitor storage conditions, location, and even ensure time commitments over the delivery of goods. IoT applications also enable better warehouse organization through better controls over inventory levels. This enables retailers to avoid stock-outs or overstock.
Perhaps one of the greatest use cases of IoT comes from its applications in manufacturing. Industrial IoT enables the collection of data to quickly and accurately predict and resolve production issues such as equipment malfunction, downtime, etc.
IoT sensors essentially render the entire shop floor ‘visible’ to plant managers and help tweak manufacturing processes for efficiency while also transforming the collected data into highly valuable insights about operations. This way, companies can standardize production quality control even if the plant location is remote or located in another country.
This is made possible through the use of embedded IoT systems in the shop floor infrastructure that can efficiently monitor critical processes such as material testing, operation and condition parameters, compliance with internal and industry standards and more.
Note: This is a guest post by Sam Goh.