Loader Icon

What is the IoT?

The Internet of Things (IoT) refers to the transformation of physical objects around the world that are now connected to the internet. These devices are all collecting and sharing data that help businesses make business decisions as well as automate human lives.

The idea first stemmed throughout the 1980s and 1990s when technologists thought of the idea to add sensors and intelligence to basic objects. They started investing in devices like televisions, cars, and smartphones. Now, these devices have matured to the point where an internet connection is part of the base offering. 

  1. A lightbulb that can be switched on by using a smartphone app 
  2. A smart refrigerator that tracks what type of foods you eat
  3. A smart thermostat that analyzes patterns in your household to set the right temperature without human interference 
  4. Self-driving cars
  5. Fitness watch
SOME EXAMPLES OF IoT DEVICES INCLUDE, 
WHAT ARE THE BENEFITS OF THE INTERNET OF THINGS FOR BUSINESSES?

Businesses use the Internet of Things to learn more about their customers so they can react faster and serve them in advanced ways that add new value and increase revenue. 

For example, manufacturers are adding sensors to parts of their products to record data and track how they are doing. This can help companies see when a certain part is likely to fail and switch it out before it causes any damage. This helps make their supply chain more efficient because they have data that keeps them one step ahead.

WHAT ARE THE BENEFITS OF THE INTERNET OF THINGS FOR CONSUMERS?

The Internet of Things makes our homes, offices, and vehicles smarter and measurable. Smart speakers allow users to play music, set timers, or get on-demand information just by speaking to it. Home security systems allow users to monitor their homes inside and out with little effort and smart thermostats help people heat or cool their homes before they arrive.

However, these connected devices can raise concerns about personal privacy since they contain sensitive data and can be open to hackers.

WHAT NEXT FOR THE IOT?

Tech analyst company IDC predicts that in total there will be 41.6 billion connected IoT devices by 2025. Consumer IoT spending was predicted to hit $108 billion, making it the second-largest industry segment: smart home, personal wellness, and connected vehicle infotainment will see much of the spending. Within the integration of artificial intelligence, the future of IoT is limitless. 

Trending Post

VOX Solutions – Infrastructure Services
March 7, 2023

VOX Solutions – Infrastructure Services

Project Description VOX Network Solutions is a telecommunications company that offers converged voice and data services . It provides consulting, contact center, collaboration, network, security, managed services and a prescriptive process methodology to businesses. Project Objectives To provide Avaya IVR system and its infrastructure support to Vox Network Solutions on an ongoing basis as per the business needs. Detail Description The provided Avaya IR system is an interactive voice response...

Casestudy
PIPAC Life – Web Design, Development and Maintanance
March 7, 2023

PIPAC Life – Web Design, Development and Maintanance

Project Description PIPAC is an established and experienced nationwide Health and Life insurance brokerage company founded by an agent for agents. PIPAC has 40 plus years of industry experience, carrier and agent relationships with a strong belief in doing the right thing. Agents describe the PIPAC team as friendly, responsive, detailed and totally service oriented. Project Objectives Given their business is delivering insurance packages that are custom made for the...

Casestudy
Calpine Corporation Integration Project
March 7, 2023

Calpine Corporation Integration Project

Project Description Calpine Corporation is the largest generator of electricity from natural gas and geothermal resources in the United States, with operations in competitive power markets. A Fortune 500 company based in Houston, Texas, the company is owned by an affiliate of Energy Capital Partners and a consortium of other investors. Project Objectives The business was looking for cloud architecture and integration for their existing applications. The cloud integration was...

Casestudy

Trending Post

The Future of AI and How ePathUSA Leads the Way
February 12, 2024

The Future of AI and How ePathUSA Leads the Way

Artificial Intelligence (AI) is no longer confined to the realms of science fiction; it's rapidly reshaping our world. From autonomous vehicles to personalized healthcare, AI is revolutionizing industries and driving unprecedented innovation. In this blog post, we'll explore the profound impact of AI on the future and how ePathUSA is poised to help businesses harness its transformative potential through customized AI applications. The Evolution of AI: 1. Unleashing Innovation: AI...

Artificial Intelligence
What is Software Product Development and Why Does It Matter?
February 12, 2024

What is Software Product Development and Why Does It Matter?

In the realm of software product development, having a reliable partner can make all the difference. ePathUSA stands out as a leading force, ready to empower businesses in their journey towards creating innovative and effective software solutions. In this blog post, we will explore how ePathUSA can play a pivotal role in enhancing the process and outcomes of your software product development endeavors. Understanding ePathUSA Expertise in Software Product Development:...

Cloud Computing Software Product Development
Unlocking Business Potential: Legacy Application Modernization with ePathUSA
February 2, 2024

Unlocking Business Potential: Legacy Application Modernization with ePathUSA

In the fast-evolving landscape of technology, businesses are constantly faced with the challenge of keeping their software systems up-to-date. Legacy applications, though once the bedrock of operational efficiency, can become a bottleneck as technology advances. Recognizing the need for modernization is the first step towards unleashing your business's full potential. In this blog post, we will explore the various types of legacy application modernization needs and how ePathUSA stands out...

Cloud Computing Legacy Modernization

Trending Post

ePATHUSA’s Trailblazing Year: Celebrating 2023 Triumphs and Paving the Way for a Visionary 2024
January 24, 2024

ePATHUSA’s Trailblazing Year: Celebrating 2023 Triumphs and Paving the Way for a Visionary 2024

As the calendar turned to 2023, ePATHUSA embarked on a journey marked by resilience, innovation, and success. This blog post delves into the notable achievements of the past year and outlines the visionary goals that will shape the company's trajectory in 2024. A Year of Triumphs (2023): Contractual Victories: ePATHUSA celebrated a remarkable milestone by securing five new contracts, a testament to its unwavering commitment to excellence. Among these victories...

ePATH News
ePathUSA secures a IT Professional Services Contract with the State of Minnesota Metropolitan Council 🎊🖥️
January 12, 2024

ePathUSA secures a IT Professional Services Contract with the State of Minnesota Metropolitan Council 🎊🖥️

ePathUSA is grateful and excited to announce that the Minnesota Metropolitan Council has awarded us a contract to support their IT Professional Services - The Met Council provides essential services and infrastructure — Metro Transit's bus and rail system, Metro Mobility, Transit Link, wastewater treatment services, regional parks, planning, affordable housing, and more — supporting the communities and businesses in the Twin Cities and improving the quality of life for...

ePATH News
ePATHUSA: Recognized by CIRAS & NAWOSB for Government Contracting Excellence
November 2, 2023

ePATHUSA: Recognized by CIRAS & NAWOSB for Government Contracting Excellence

We are thrilled to have ePATHUSA, Inc. featured in the CIRAS - Iowa State University's Center for Industrial Research and Service Search's (@CIRAS) Summer edition of the CIRAS News magazine. The paper highlights our journey and achievements as a government contractor, especially in the federal 8(a) and Women-owned small business categories. We are grateful to receive the 2023 NATIONAL ASSOCIATION OF WOMEN OWNED SMALL BUSINESSES, INC. (NAWOSB) of the Year...

ePATH News