Businesses must respond quickly to customer needs in a technological world to remain competitive.  Well, businesses have changed their business models by integrating IoT into all activities. Regardless of B2C or B2B, IoT is used to enhance the speed of decision-making. 

IoT technologies possess the potential to transform the personal, social customer’s lives, said Yash Mehta, an expert in IoT and big data. It can assist companies in solving critical business problems.

Consequently, IoT has transformed entire industries and even businesses. Telecommunication companies have successfully transitioned from network providers to digital infrastructure providers.

Thanks to the demand for global IoT connectivity. Pandemic has raised the requirement for transparent, accessible, and high resilient supply chains. And yes, that’s where IoT stands apart from other technologies. 

Verified Market Research has estimated the Global IoT Market to be worth $826.25 million in 2019.  A CAGR of 19.98% will result in revenues of $3,281.55 million (€2844.78 million) by 2027. IoT for small businesses can help deal with operational challenges. Let us see how to get started.

What is the IoT?

In a broad sense, an internet-of-things connects with anything through the internet. IoT is increasingly used to describe devices that operate independently of humans. These devices can communicate with a local network, the internet, and each other. Through the internet, a massive number of devices collect data around the world.

IoT devices go beyond computers, laptops, and smartphones. It includes household items that have embedded chips for gathering and exchanging data.

What will be the benefits of IoT for businesses in 2023?

A recent report estimates that about a trillion IoT devices worldwide will be used by 2035. Revenues will rise to 520 billion dollars by 2035. Discover five ways that IoT will transform your business by 2022.

1. Better Business Insights

IoT for small businesses provides real-time business insights for manufacturing and agriculture enterprises. Businesses can access real-time data through devices like  GPS trackers and smartphones. IoT offers constant business insights to the organization by integrating multiple IoT devices. IoT for small businesses can use ERP software as a data repository. Enterprise Resource Planning software can assist in making business decisions.

Using IoT-enabled devices, for instance, would improve several aspects of animal husbandry. An enterprise that experiences reduced livestock maintenance costs may experience business transformation.

Thermal sensors, motion, and noise detectors are installed in the livestock movements to track the health conditions. Ranchers can utilize IoT to respond quickly to the health risks posed by livestock.

2. A Better Customer Experience

Experts recommend that IoT small business ideas improve the customer experience. IoT-enabled devices keep track of customer actions and reactions to provide better service. 

Emerging technologies like AI and machine learning increased the commercialization of big data. One of the best-known examples of IoT for small businesses is Amazon’s IoT ecosystem. It includes interfaces such as Echo, Echo Dot, and Alexa.

Amazon Web Services (AWS) offers cloud-based platforms to store IoT device real-time information. The AWS cloud services can provide better experiences for customers. Amazon’s AI and ML software constantly analyzes customer data. Depending on the search data, it offers a tailored online shopping experience.

3. Reduction of Downtime

Suppose that a vital piece of manufacturing equipment stops working. It takes days to locate and correct the problem. A massive loss of revenue can result in days, sometimes even weeks, of inconvenience. Several large-scale manufacturing industries have already adopted IoT technologies. By 2022, equipment downtime will reduce to a great extent with such improvements. Creative use of IoT for small businesses enables remote monitoring of manufacturing equipment.

Smart factories using 5G will have IoT-enabled sensors and other monitors by 2021. In the context of Industry 4.0, the adoption of IoT-based applications will increase by 2022. A focus of Industry 4.0 is the IIoT that connects autonomous machines. By 2022, autonomous manufacturing equipment communication via IoT platforms will be a reality.

4. Improved Productivity and High Efficiency

A report stated that IoT business integration could generate revenue of $154 million. IoT tools gather continuous real-time data required for the supply chain. IoT for small businesses can now identify problems with their operations quickly. Besides increasing operational efficiency, it facilitates extensive automation, which leads to improved output. IoT-enabled enterprises will also experience an increase in productivity as a result in 2022.

5. Tracking of Assets

The supply chain includes the procurement of raw materials and the delivery of goods. During this long chain of operations, there is always a chance of goods missing. Warehouses and logistics partners often find it difficult to track goods. Businesses can reduce misplaced asset overhead costs by using RFID and GPS tracking. Trackers connect to a larger network and enable easy monitoring of goods.

Siemens has also integrated IoT solutions for asset monitoring and tracking. A software solution providing Enterprise Resource Planning (ERP) may enhance overall asset management. Using ERP software, all departments within an organization can streamline data and knowledge. It results in higher efficiency and productivity. Businesses step in to the IoT world with the help of software development companies.

In a Nut Shell

Today business transformation has become an undeniable term. IoT small business ideas have transformed the business to the next level. SAP is one of the leading players in the IoT Fourth Industrial Revolution.

By 2026, remote patient monitoring will grow to $1.8 billion. These developments seem to have huge growth potential. Several IoT sectors have emerged, IoMT, IIoT, Automotive Internet of Things (IoT). In 2023, these technologies will present several lucrative business opportunities.

How to Leverage IoT and Mobile App Development? How to Leverage IoT and Mobile App Development?

The magic IoT has made across the digital world is wondersome. Coupled with mobile apps it brought the wide verities of users closer to experience technology more interactively. As a result, businesses started redefining their services from random business practices to personalized business models. 

Let’s check how to leverage IoT and mobile app development.

IoT is a network of smart devices that have sensors and controllers to exchange data. It enables data transfer and communication between the connected devices in an IoT ecosystem. IoT works in the same way how our bodily reflex system works. Like our senses collect the data and send it to the brain and take appropriate actions instantaneously, the sensors collect the supposed data to the data centers and bring appropriate commands to the controllers. 

Digging up the relationship between IoT and mobile app development reveals the coupled story between mobile apps and IoT devices. The mobile apps enable users to interact with IoT devices. Unlike it reads, it is a complex process that relies upon a lot of factors. Hence, the proliferation of IoT devices leveraged mobile app development a lot since it simplifies the human-machine interaction. 

Let’s check how IoT devices leverage mobile app development

IoT Offers a Futuristic Vision for Mobile Application Development

Future technologies seem to be overpowered by IoT devices and hence apps have a prominent role. Reports show that by 2025 there will be 21 billion IoT devices across the planet. All these devices have to rely on computational power to function appropriately. 

Not surprisingly it is our smartphones. And these apps help to control the IoT devices by the integration of APIs, which serve as data interphase. It enables the applications to communicate with the IoT devices to take action. Hence, if apps slow down its process to match with the capacity to accommodate IoT integration it will be hard to survive in the future. 

IoT Provides Valid User Insights for Mobile Application Developers

By analyzing the behavior of users with IoT, mobile apps can suggest more personalized service. Without checking their searching histories and shopping trends, IoT will enable user-appropriate app experience while using IoT apps.  

IoT devices can gather accurate insights from the end devices and updating the computing systems. This permits the developers to code appropriate updates and improvements. In this way, developers can add the expected controls and additional services to make the life of users easy.

IoT Creates Greater Demand for Specialized App Development

IoT app development involves numerous intricate processes. As a huge concept that has to cater to the real-time experience of users, it requires additional skills to develop IoT based applications. This demands exceptional skills despite the generic app development knowledge.  

For the proper integration and implementation of IoT needs specialized skills. Unlike the old way of keeping the only user in min never solves the problems with IoT devices. App developers have to focus on both the user side and smart device specifications. 

IoT Will Turn Mobile Apps More Interactive and Efficient

IoT apps provide more space for customization and personalized app experience. Thus with accurate data resources, it proved more interactive user-friendly performance and offers a cost-effective app development process. Enabling users to interact with multiple devices from a single smart device and interface improves efficiency.  

The basic intent of IoT based mobile apps is to simplify the life of users. Hence, by automating the process with ultimate user-friendly features IoT applications will improve the efficiency and productivity of resources. This further facilitates a sustainable app performance and user experience.

IoT integration will Enhance App Security

There would be tons of data transactions between IoT devices and mobile apps. And the nature of data privacy between each device is of great significance. This necessitates incorporating a broader security practice across the network. Thus, With effective encryption techniques and secure gateway policies, IoT safeguards the apps with stringent end device access measures. 

As cyberattackers are eagerly waiting to launch DoDs attacks to interrupt the service and loot data. They already have framing codes to attack smart devices in smarter ways. So, as the network ecosystem widens it requires centralized app security and end device security model. 

Conclusion

As we have deliberated, IoT leverages mobile app development in a lot of ways. As the industry keeps growing and new innovations are coming, it would impact more in the industry. It will help to simply human effort and automate the whole world regardless of the environment. 

IoT Technology Will Dominate The Future Of Bluetooth Market IoT Technology Will Dominate The Future Of Bluetooth Market

The overarching features of Bluetooth are ushering IoT manufacturers to integrate IoT devices with Bluetooth technology. Adding Radio Direction Finding(RDF) and Received Signal Strength Indicator (RSSI) technologies quadrupled Bluetooth’s ability to locate devices by tracing the direction and strength of signals. This makes for the adoption of advanced Bluetooth applications into the wide array of IoT devices. Likewise, the list of features is more exciting to know.

 A market study by ABI Research says, by 2024 IoT technology will dominate the Bluetooth end-device market with 31% of the market representation. Also, Bluetooth IoT devices would dethrone the mobile phone hegemony in the market, and over 60% of wireless IoT devices use Bluetooth by 2021. 

Bluetooth enabled IoT devices to dominate the market

The ability to build large scale networks and the possibilities of rich connectivity and interoperability with high-level security is what enchants IoT devices to integrate Bluetooth.  Apart from mobile phones, speakers, and PC accessories, Bluetooth finds it’s position across home appliances, wearables, entertainment devices, and other consumer electronic equipment. 

More and more industries such as location tracking service, asset management companies are expected to leverage the benefit of Bluetooth enabled devices. Studies uncovered a steady growth of 8.5% by 2024 in tracking and signal beacon device market. Equally, authorities of Bluetooth Special Interest (SIG) Group predicted 400 million Bluetooth integrated location service devices are come into life per year by 2022.

 Another prominent market sector is Bluetooth enabled smart wearables such as smartwatches, activity bands, hearing aids, etc., around 400+ million devices are estimated to manufactured and sold across the planet by 2024. Besides, though wifi devices outnumber all other technologies in smart home appliances and gadgets, Bluetooth devices are anticipated to contribute to the market growth by 13%.

Why IoT devices prefer Bluetooth?

Bluetooth is a wireless communication technology that enables devices to connect each other through secure pairing. Also, it has various features such as duplex network connection to link multiple devices and perform various tasks. Similarly, the addition of Radio Direction Finder technologies  

The prime reason for IoT en point devices prefers to integrate the new age Bluetooth technology is its exceptional speed, outstanding range, robust security, and expanded connectivity.

The addition of Bluetooth Low Energy (BLE) in its network stack opens a promising connectivity solution for IoT devices of all sizes. Likewise, this BLE technology cuts down the cost and energy consumption for running the applications. These characteristics facilitate Bluetooth with a suitable performing platform for IoT devices. 

Mesh networking technology is the most exciting innovation that stirs IoT applications to get more affectionate with Bluetooth. Mesh networking extends the possibilities of IoT Bluetooth devices to connect a whole building or a wide area. The guaranteed interoperability and scalability of Bluetooth mesh network can turn workspaces and factories smarter.   

Factors that made Bluetooth more convincing for IoT devices

The latest version of Bluetooth offered a comprehensive package of features that suits the requirements of IoT devices to outshow a scalable performance.

Exceptional Speed

The upgraded Bluetooth version 5 amplified the data transfer speed up to 2Mbps, which is twice then the earlier version. Moreover, integrated Bluetooth gateways enabled the devices to exchange real-time data. By attaining 2Mbps, Bluetooth could transfer huge amounts of data. However, as the data transmission speed rises, the receiver signal range goes down. Yet, this speed level meets the required data-exchange turn around time of IoT devices. 

Outstanding Range

Using Forward Error Correction (FEC) technology Bluetooth 5 enables the receiver to fend off external interference and collect error-free data. Thereby, it offers a four-fold signal range with the updated version. It helps to recover the original dataset using redundancy of data even error occurs. The long-range modes offer up to 800-meter network coverage.

In addition, using mesh networks, the signal range can be outspread with little power consumption. Also, it enables users to connect thousands of devices.  

Expanded Connectivity

To get Bluetooth devices connected, the process of advertising and scanning should happen simultaneously. The scanning device detects the broadcasted packets and finds the advertised pair.  Unlike the older versions, the Extended Advertising model in Bluetooth 5 enables the device to emit data packets ranging up to 255 bytes. Moreover, using beacon technology transmitting signals via BLE, it enhances the broadcasting capacity to 800%, which means expanded connectivity.

Detection Accuracy

Bluetooth 5 offers amazing proximity detection and positioning capacity to devices. With a 1cm accuracy now devices can detect the location of connected gadgets. Using Radio Direction Finding technology, Bluetooth devices can figure out the direction of signals. Hence, with triangulation techniques, the most accurate position can be traced. 

Conclusion 

The proposed market growth of Bluetooth integrated IoT device implies the immense surge of technological shift. It eases out the lives of people and helps to automate the activities of all kinds. Industries, as well as mass human settlements such as apartments and houses, will majorly be guarded by IoT devices. Unsurprisingly, Bluetooth technology makes for the way to connecting all these devices and applications accurately.

How IOT helps to enhance Enterprises Work Space Security How IOT helps to enhance Enterprises Work Space Security

Robust IoT authentication process, stringent firmware update policy, Streamlined IoT network, limited IoT platform access, and regular IoT device monitoring are few of the guaranteed practice that helps to enhance IoT security in the enterprise workspace. 

However, as the hodgepodge of IoT devices elevates the risk attached with it also rises up.

200 Billion IoT devices (including subcomponents) are expected to serve the different sectors of our world by 2020, says Intel. Reportedly, Garner estimates 20 billion IoT units at the same time. This predicted number can go high with the gaining receptiveness of 5G network in the enterprise workspace and consumer market. Hence, new intricate measures have to be figured to mitigate IoT security challenges.

Let’s see how to enhance IoT security in the enterprise workspace.

Globally, enterprises are spending billions on the Internet of Things applications, and it is expected to hit 3.1 billion by 2021. The different business sectors are foreseeing a great fortune with IoT devices as well. However, all these gleaming estimations are subject to the daunting threat- IoT device security!

Robust Authentication process

Default login gateways are posing severe threats to IoT platforms. Plus, the single-factor authentication seems a weak opponent to the cunning hackers. So, every enterprise requires a secure authentication process. It shouldn’t begin and ends with firm password policy, but, a series of security measures.

Multi-factor authentication is the best practice to ensure security across the devices. 

Though different devices have different protocols and authentication standards, organizations have to ensure all of the devices can be authenticated and monitored securely. Besides, the IoT platforms which companies use to govern the devices also matter to easy out this process. 

Physical Device Protection Policy

Physical threats arrive at different guise today, such as theft, accident, or a planned attempt. The small size and fancy look of modern IoT gadgets are increasing the possibilities as well. Moreover, for hackers, end IoT devices are an open gate to seep into the delicate networks of organizations. 

So, users should be careful and vigilant to protect the end IoT devices. Use secure lockers to store and tamper-free cases for the devices.  Plus, employing wireless technologies to detect any breaching attempt helps a lot to secure enterprise IoT devices.

However, from the design line itself, IoT appliances are meticulously analyzed to reduce security risk.  Minimal access ports, tight credential security, enclosed components are some of the countermeasures.  

Streamline IoT Network

The call –“Isolate IoT from the regular network” for enterprises are echoing across the market. This is necessarily advised to reduce the impact of cyber-attacks in an enterprise setting. 

Companies can implement there own workspace IoT network. It helps to safeguard the entire IoT system from external attacks. Also, building a separate VLAN network serves as an additional layer of security. Deploying a firewall across the primary and IoT networks helps to prevent any sort of intrusion.

However, employing Contest-Aware Access Control methodology helps to manage a secure network without sacrificing the seamless functioning of devices across the network.

The paradigm models such as Device to Device, Device to Cloud, Device to Gateway, Cloud to Cloud structures can implement according to the business function. 

Limit the IoT Device Access and Monitor

While granting access to IoT devices in the workspace, ensure it is authenticated. Many IoT gadgets which are using by the employees seem vulnerable in nature. They may not be password protected and encrypted. Hence, it opens a chance for attackers to intrude into the system. 

Since employees can use their own devices to work, limit access to work-appropriate networks. Further, monitor the devices which are permitted to access the system. Also, practice a strict policy to avoid personal IoT devices in the workspace network.

Further, accessories such as cameras, printers, and routers have a feature called-Universal plug and Play. Though it enhances the user experience, paves a broad way for intruders. It leaves our device open for a visit and let our network discovered by others. 

Therefore, it is recommended to connect the necessary machines alone in the network. Considerably, add every device with a separate network with countermeasures.

Stringent Firmware Update

By updating firmware regularly enterprises can gain a potential advantage over the device security practice. Updated firmware is an essential factor in every IoT device to combat the attacks. To encounter new types of bugs and other advanced security threats, the devices should update regularly. 

It helps to prevent unauthorized hits from other networks and protect the devices. Enabling automate update mitigates the risk of outdated firmware. Also, the new patches cover the gadgets from new modes of attacks and make them more intelligent. 

Encrypt Enterprise Data 

The connected devices in an enterprise network exchange a massive amounts of data. Incidentally, 90% of data from IoT devices are not encrypted around the world. This expands the possibility to get attacked by hackers. 

Encrypting data prevents all malicious attacks across the network. It further protects the backup data as well. Thus, it is critical to encrypt IoT networks in enterprises. Failing to encrypt the data at its source leads to severe consequences for business continuity.

Conclusion

Security is a primary concern over every enterprise IoT network. Without a stringent network security practice, it is impossible to yield the potential benefits of IoT platforms. Hence, keep all of this in mind before deploying an IoT infrastructure in your enterprise workspace.

These aspects of your life will soon be permeated (and changed forever) by IoT These aspects of your life will soon be permeated (and changed forever) by IoT

The Internet of Things or IoT is a lofty technology that connects devices and appliances to the global internet network so that they become a part of a ‘smart’ web that can be automated,  optimized and accessed anywhere in the world. This disruptive technology promised an extraordinarily lofty experience to consumers, and today there are about 26.6 billion devices connected. This technology is more complex than just allowing you to turn on your AC from your mobile phone.  It can facilitate self-driving cars, drone delivery, automated AI-driven surgeries, wearable health gadgets and even improve weather forecasting by leaps and bounds. Just like the widespread adoption of smartphone technology gave us lifestyle tools like Uber, BigBasket, and Instagram, IoT will turn things up a notch,  and transform the modern society. Here’s how IoT will soon change life as we know it- 

1. Traffic Transformation

Not sure if this is something to celebrate or be terrified about,  but self-driving cars and public transport will become a reality sooner than you think.  Vehicles with sophisticated sensors will have the capacity to determine the position of cars,  the change in traffic lights and avoid sudden collisions. The good news is that robotic cars can’t drive intoxicated or fall asleep behind the wheel,  so this one is a win-win.  

2.Industrial Efficiency 

With the threesome of IoT,  Automation and Machine learning,  supply chain and production industries are expecting a massive growth.  Robotic workers that are controlled by tablets are already deployed by Mercedes,  and they never tire and take no breaks! IoT is facilitating an industrial boom like no other, where output rates are increasing manifold.  Read our blog about AI in industries.

3. Healthcare will become effortless 

IoT is already facilitating surgery procedures,  and in the future wearable devices or chipping will be able to bring healthcare professionals closer to the ailments. Nearly 87% of healthcare organizations will incorporate IoT by the end of this year.  Globally, this trend will soon follow. From smart sensors to remote monitoring and medical device integration, healthcare will become more sophisticated than ever before.

4.  Security 

Security is rapidly expanding and congested urban cities have always been a concern for administrators around the world. Today,  starting with China, a lot of countries are harnessing the power of IoT to transform security operations around the world. When IoT is deployed in cities in a  well-planned and cohesive, security becomes a primary design feature. IoT and AI can help detect unusual activities through video sensors and send out timely warnings to law enforcement authorities and even warn hospitals about attacks and accidents,  cutting down the time taken for these authorities to reach the crime scene, this decreasing the action time considerably. IoT and AI can also help ‘recognize’ faces of perpetrators from massive databases.  

5. Environmental impact 

Several IoT technologies are designed specifically to address climate change and environmental issues that need urgent action.  IoT can use real-time data to reduce deforestation and illegal poaching and logging through data collected by sensors attached near green cover,  or satellites in the future. Present-day IoT technology is helping secure threatened ecosystems like that of bees by monitoring the condition of their hives.  Flow sensors can detect leakage and automatically notify the user to fix the problem before more wastage ensues. Efficient farming techniques like drone imagery and soil management will increase the outputs out of farming efforts.

The wonderful capacity of IoT is not limited to these aspects.  Everything from shopping to will soon become more sophisticated and customer-centric after IoT becomes a mainstream technology.  How do you think IoT will change your life? Is it a boon or a bane? Tell us in the comments below!

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