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Three industries ripe for IoT transformation in 2018

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The internet of things (IoT) is all around us. From providing doctors with patient data in real time, to tracking vehicle performance, to automating building systems, IoT is transforming businesses and enabling organisations to create entirely new systems and services, engage customers and drive growth.

Despite the huge rise in connected devices, there are still some industries that are hesitant to adopt new technologies, regardless of the business benefits. With nearly 20bn devices[1] predicted to be connected to the IoT by 2020, it is essential that organisations invest in new IoT technologies to keep up with evolving customer demands.

With IoT’s growing maturity comes new approaches, business models, and solutions that will see organisations ramping up deployments and incorporating this technology into their products, processes and workflows.

Almost every industry can benefit from investing in IoT but the important thing to consider is that IoT cannot be deployed in silo. Connecting a business from a technology perspective is all about leveraging mobile (where the business information resides) with IoT. Mobility has taken functionality way beyond the four walls of a business but IoT stands to amplify this.

The communication between mobile and IoT allows even more information to be connected to back office systems even without the need for human intervention. As the adoption of this technology continues, these three industries are ripe for IoT transformation.

Healthcare

IoT has taken healthcare by storm. From wearables that track patient health, to providing remote care to patients who live in isolated areas, the shift towards the digitalisation of the healthcare industry has seen more healthcare workers getting connected and relying on mobile devices. The biggest benefit of IoT in healthcare is to keep patients out of the hospital by providing more effective home care. This is helping to reduce re-infections but also reduces costs, especially when it comes to monitoring patients with chronic illnesses.

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Article Credit: Gigabit

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