The term IoT is now lingering over almost every industry. The IoT devices and its business applications are emerging at an exponential each day. Although, in a developing country, few businesses understand how they can connect their business with the internet of thing.
There are businesses owners have a concern around security of IoT, and some are simply set in their ways. Today, we found that not giving priority to IoT is lack of its knowledge and benefits. In a developing country, their small businesses which can deploy IoT technology for their businesses benefits. But, lack of knowledge, they are not moving towards this technology.
IoT and Its automation
The primary benefits of automation IoT are to significantly reduce operating expenditures when devices and sensors become internet-enabled devices. It is the biggest advantages in productivity and efficiency. Devices connected via machine to machine communication. Information is exchanged between devices so that processes can be automated, without the need for human intervention.
Industrial automation must be self-organizing, self-configure, and scalable to large scale, with very low power consumption, low cost and based on a global standard.
IoT and Its accuracy
A human error occurred in the automation, so there is a priority of less error with high accuracy increase in today’s automation. For better accuracy, businesses can adopt IoT technology. Using the internet of things, we can minimize error and increase efficiency without human intervention. By connecting machines and allowing them to functionally automatic, fewer employees needed. If an error occurred, engineers can fix it and also update the programming. So, this is the biggest advantage of this technology.
Continuous consistency with IoT
Business is running for a specific time using employees. If a business adopts IoT technology, they can run business 24/7. Continuous consistency with IoT is possible while using manpower it is difficult.
Besides, there are a lot of ethical arguments that arise when it comes to automation. We do not suggest that you should not dependent on manpower and replace them with robot workers. Human jobs are important as machines need to be programmed and maintained.
In a developing country, there are numbers of businesses which are depended on only manpower. Yes, the initial cost of adoption of this technology is high but once we deploy it, the overall cost of business will be reduced. However, it increases efficiency with continuous consistency.
When a plant is automated with your own network of IoT devices, it will notify your engineers that where is the problem. This way the problem can be identified and fixed quickly.
IoT and Its analysis and monitoring
The advantage of the Internet of Things (IoT) isn’t necessarily the improved performance of business processes. In a modern-day, analytics and logistics are becoming more and more important as technology deploys. Understanding why a problem is occurred or identifying areas of improvement is getting much easier.
A great example of how it can be used to monitor business processes is within the fleet management industry. By equipping each vehicle within a fleet with a GPS Tracker and M2M communication, each vehicle can be located and monitored in real-time.
Almost any process can be monitored with the help of IoT as long as you have the right sensors and equipment.