Effects Of Wireless IoT On Consumers And Businesses
Business Management Review |
IoT is quiet in its initial stages of deployment in several industries, and many businesses are not entirely aware of its risks. But with many devices linking to the network, organizations must prepare for the wireless deployment of IoT.
With a rising number of devices now ready to connect to the internet, the Internet of Things (IoT) concept is rapidly taking form. So what exactly is IoT? IoT is just extending the connectivity of the internet into everyday objects and physical devices. Many devices can be embedded with this technology in the domestic consumer and commercial sectors.
Before we explore IoT's commercial or business applications, let's first look at how it can impact the everyday consumer.
There is a quickly growing market where consumers purpose to convert their homes into smart homes. This involves automating home appliances such as air conditioning, lighting, and security systems. The devices are connected to a network that a smartphone can easily operate here.
Some of the apparent benefits involve energy savings, where the electronics in the home can be remotely or automatically shut off when not in use. Other advantages include the convenience afforded by the user, where a majority of the controls of the appliances are right at their fingertips.
IoT has its unique advantages for the business or commercial sector. This technology has already been applied to specific degrees in different sectors, such as healthcare leading to digitized systems.
Healthcare services and resources are linked by a network that can gather and analyze data for future research and development. Healthcare aside, IoT also has applications in various industries, including manufacturing, transportation, energy management, agriculture, architecture, etc.
While the benefits of IoT are innumerable, some risks and concerns need to be kept in mind. The greatest issue with this technology is the security risks involved. As a common rule, any device connected to the internet is vulnerable to external threats such as cyberattacks, malicious software, etc. The message to be learned here is that every IoT-connected device needs to be treated with care and protected, just as any smartphone or personal computer.
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