What is the Internet of Things (IoT)?
Posted on: 03/05/2015, by : DCT Solutions GroupBy definition from Wikipedia The Internet of Things (IoT) is the network of physical objects or “things” embedded with electronics, software, sensors and connectivity to enable it to achieve greater value and service by exchanging data with the manufacturer, operator and/or other connected devices. Each thing is uniquely identifiable through its embedded computing system but is able to interoperate within the existing Internet infrastructure.
So how does this fit into your business you ask? Well, according to a study by Zebra Technologies, “83 percent of enterprises either have or plan to deploy IoT solutions within a year. Most companies expect IoT to provide operational and actionable data on location and condition, which will enhance supply chains operations and give businesses better visibility into their assets.
For example, in the manufacturing industry, industrial asset monitoring and tracking includes monitoring individual assets to ensure optimal performance and location monitoring. These applications can enhance factory processes such as fabrication, assembly, packaging, supply chain automation, and warehouse monitoring. Manufacturers can also locate equipment, prevent and detect theft, maintain real-time asset inventory, and optimize supply chain processes.”
Here at DCT we also utilize the IoT. In fact, it’s part of our “elevator speech” and rests along the walls of our office.