The goal of IoT is to connect all physical objects of the world to the Internet. Internet connectivity is a wonderful thing. You need to know about IoT architectures to connect devices and manage them. It gives us different possibilities that were not possible before. If you are from the 90s, you remember your cell phone before it became a smartphone. Yes, you could make calls and send messages, but now you can watch any movie or listen to any song with the palm of your hand.
It can be hard to formulate the concept in your mind when there are so many examples and possibilities in IoT. IOT or Internet of Things is a very popular topic these days. What exactly is IoT? It is the virtual internet connection between objects, processes, people, animals and almost everything around us. It is a situation where all elements of our environment automatically communicate with each other without any interaction between humans or machines. Apart from being a revolutionary invention, it can be extremely useful and make our lives easier.
Lower operating costs
One of the important IoT benefits is saving money. When the cost of tagging and monitoring machines is less than the money saved, IoT has a very big impact. Essentially, IoT helps people in their daily lives by enabling their devices to communicate effectively with each other and save energy and money.
By enabling the transmission and exchange of data between devices, which is then transformed in the way we need, we increase the efficiency of our systems. A fleet of IoT devices can help companies to streamline their work processes and reduce operating costs by providing real-time information.
Devices can proactively report their status so employees can schedule maintenance before production is impacted. They can be integrated into larger systems to optimize operational efficiency and reduce costs.
IoT devices can guide, monitor and alert workers to make changes in processes or work performance. This will help them in making smarter work decisions. Engineers and ergonomists use the data to optimize each workstation to ensure more efficient movement and help workers avoid injury.
All this incoming data allows us to do an incredible amount of work. The Internet of Things makes automation easier. Smart manufacturing automates repetitive tasks and allows workers to spend their time and energy on more complex tasks.
Now you can get the information you need easily and in real time, from (almost) anywhere. All you need is a smart device and an Internet connection.
Instead of asking the right person, we use Google Maps to find out where we are. Booking flights and train tickets is easier than ever. It's also easy to get information, even from the latest research or business analysis. It's just a click away.
You can easily access real-time data and information, far from where you are. This is possible due to a network of devices where all information is accessible from anywhere in the world. This makes it very convenient for people to continue working even when they are not physically present.
Now let us see some disadvantages
Data availability is excellent. Unfortunately, our personal data is even more vulnerable. The most commonly compromised data is credit card number, followed by debit card number.
A data leak is stressful. It's also a concern for businesses, which can lose confidence if their customers’ data is compromised. The biggest culprits are likely to be: unmarked IoT devices, second-hand smart devices and suspicious apps.
In today's technological world, every device a person uses is connected to the internet. This increases the risk of data loss, which can be significant. This is a major drawback of data sharing, as confidential data may not be secure and can be easily hacked by third parties.
Dependence on technology
The IoT depends primarily on internet connectivity. If internet connection is not available, IoT cannot be used. On the other hand, we have become fundamentally dependent on the everyday use of the Internet of Things. The lives of business people and personal life also depend on IoT. If we do not have quick access to the information we need, even the most basic content frustrates us. The Internet of Things has contributed to a significant reduction in our attention span.
We may not even notice it, but we are witnessing major changes in technology and its use in everyday life. Technology undoubtedly dominates our lifestyles and reflects man's dependence on it. If one system fails, all the devices connected to it are likely to fail. The Internet of Things is having a huge impact on everyday life. It is undoubtedly a big part of our lives and will become more important every day.
These are some of the advantages and disadvantages IoT. IoT has become an important part of our life as technology is advancing daily. The main thing that IoT depends on is internet and connection with all the devices will disrupt if there is no internet connection.