What is the Internet of Things (IoT) and Why it is Important?

IOT has grown in importance because our lives and our businesses have become very complex. Each individual currently has to manage travel, relationships, bill payments, repairs and maintenance of all this equipment in the home, health problems for the whole family and this is not the case.

In such a world, IOT came up with a very credible promise of giving people a few hours more by automating some tasks and increasing business productivity by making better use of the data.

What is the Internet of Things(IoT)

As Per Wikipedia:

“The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these objects to connect and exchange data.”

For example, Your car rental company installs a GPS on the car to track the location of the car in real time. Over time, IoT has evolved from devices that can collect and communicate data to devices that can process data and make decisions. Now the systems can tell you that you are accelerating in your rental car and sending you a warning by SMS that there will be an extra charge unless the speed decreases.

Another example, retailers can today improve the customer experience with IoT. Homeowners always want to improve the customer experience and the efficiency of the business. With the IoT platform, they combine the customer journey throughout the purchase and identify the taste, behaviour and taste of each customer. Owners can monitor multiple branches from a single unified screen. They can check the activity of their employees and identify gaps.

Then imagine that you receive an alert on your smartphone that someone is trying to enter your office without your permission or while driving or sitting in your home. You see, this is how IoT allows devices to talk and allow humans to take action when there are deviations in the usual environment. As flights and flights increase day by day, IoT is important to take real-time action before an incident occurs.

How will the IoT impact project on IT Industry?

If you search for the term in Google, you’ll get more than 40 million results, and Google Trends shows that you’ve attracted a lot of interest over the last few years and you’ll continue to do that. The possibilities offered by IoT are immense, not just for the IT industry. What does this mean for the future of all aspects that work on the Internet?

It improves the role of the project manager:

The project manager will play an important role in the implementation of the IoT. GPS understands the enhance accurate data, measurements and results. This makes them the perfect “winner” for IoT, which can motivate and influence the team to accept it. Project leaders also have the skills to address the challenges of integrating IoT into existing systems and managing a large amount of data.

The way teams cooperate:

Due to greater connectivity, the teams will collaborate differently. Constant connectivity also means constant availability. The Internet has allowed dispersed teams to collaborate between countries. IoT devices further improve the efficiency and effectiveness of communication and collaboration because information and data are automatically shared among team members, regardless of location.

New quality is required for IoT:

Having a lot of data at your disposal is that the data is not always interoperable which is a challenge for it. This means that a new standard is needed to make the data in one organization understandable for another organization’s analytical tools. It is also important that organizations and project managers are flexible and willing to adopt new IoT methods and standards.

Using Big Data to increase transform efficiency:

The automatic transmission of a large amount of data – keyword: Big Data – makes things automatically measurable and analyzable. This increases the efficiency of the process because project managers can make decisions faster. Decisions will also be more precise because they are based on empirical data. The biggest challenge of having so much data available is to keep this data safe from outside forces. Project managers must pay close attention to the Internet and data security, otherwise, they risk data leakage and loss of stakeholder confidence.

To Conclude:

Is the technological advance a blessing or a loss? The easier the process of sharing data, the harder it is to eliminate risks and comply with rules and regulations. The Internet of Things (IoT) is the interconnection of physical devices through software that allows devices to share data.

Right now, there is a lot of noise about the Internet of Things (IoT) and its impact on everything from the way we travel and shop to the way manufacturers track inventory.