IoT (Internet of Things)
IoT revolutionizing industries by connecting devices and machines, allowing for real-time monitoring, automation and cost savings, leading to increased efficiency and improved user experience.
Through our innovative IoT services, we turn data into intelligence. TROOLOGY technologies offer adaptable software and hardware solutions that can function in any setting. Our industry-focused IoT services are durable, affordable, and effortlessly integrate into existing systems. Enterprises, both large and small, are utilizing enterprise IoT and consumer IoT to boost efficiency, gain immediate knowledge from connected assets, minimize expenses, and stimulate innovation via novel business models.
The term “Internet of Things” (IoT) refers to a group of physical objects, also known as “things”, which have been equipped with sensors, software, and other technological tools to allow for the exchange of data with other devices and systems via the internet. These devices range from everyday household items to complex industrial tools. The current number of IoT devices exceeds 7 billion and is predicted to increase to 10 billion by 2020, and 22 billion by 2025 according to experts.
In recent years, IoT has emerged as a crucial technology of the modern era. With embedded devices enabling us to link all manner of objects – from household appliances and cars to thermostats and baby monitors – to the internet, communication between people, processes, and things has become seamless.
By leveraging low-cost computing, big data, analytics, the cloud, and mobile technologies, physical items can exchange and gather data with minimal human intervention. In this interconnected realm, digital systems can record, monitor, and tweak every interaction among linked entities. The physical and digital worlds converge and work in harmony.
Although the concept of IoT has been around for some time, recent technological advancements have made it a practical reality. These advancements include:
The integration of IoT technology in industrial environments, particularly in regard to the management and monitoring of sensors and devices that utilize cloud technologies, is known as Industrial IoT (IIoT). In recent times, machine-to-machine communication (M2M) has been employed by industries to achieve wireless automation and control. However, the advancement of cloud and related technologies (like machine learning and analytics) has allowed industries to create a new automation layer, resulting in the development of innovative revenue and business models. Some people refer to IIoT as the fourth wave of the industrial revolution or Industry 4.0.
Below are a few ways in which IIoT is commonly applied:
IoT Intelligent Applications are prebuilt software-as-a-service (SaaS) applications that can analyze and present captured IoT sensor data to business users via dashboards. We have a full set of IoT intelligent applications.
oT applications use machine learning algorithms to analyze massive amounts of connected sensor data in the cloud. Using real-time IoT dashboards and alerts, you gain visibility into key performance indicators, statistics for the mean time between failures, and other information. Machine learning–based algorithms can identify equipment anomalies and send alerts to users and even trigger automated fixes or proactive countermeasures.
With cloud-based IoT applications, business users can quickly enhance existing processes for supply chains, customer service, human resources, and financial services. There’s no need to recreate entire business processes
Manufacturers can enhance their competitive edge by utilizing production-line monitoring to facilitate early maintenance of equipment upon detection of an imminent breakdown by sensors. The sensors are capable of gauging when production output is affected. With the aid of sensor notifications, manufacturers can promptly inspect equipment for precision or withdraw it from production until it is fixed. This enables companies to decrease operating costs, enhance uptime, and optimize asset performance management.
IoT applications offer several advantages to transportation and logistics systems. IoT sensor data allows fleets of cars, trucks, ships, and trains carrying inventory to be rerouted based on factors like vehicle availability, driver availability, and weather conditions. Moreover, sensors can be installed on the inventory itself to enable track-and-trace and temperature-control monitoring. Industries such as food and beverage, flower, and pharmaceuticals that handle temperature-sensitive inventory can benefit immensely from IoT monitoring applications that trigger alerts when temperatures rise or fall to a level that may compromise the quality of their products.
IoT applications have the potential to offer considerable benefits to the automotive industry. In addition to streamlining production lines, sensors can identify potential equipment malfunctions in vehicles already in use and notify drivers with pertinent information and recommendations. Through the use of IoT-based applications, car manufacturers and suppliers can glean valuable insights into how to better maintain vehicles and keep car owners informed..
Retail businesses can leverage IoT applications to streamline inventory management, enhance customer satisfaction, optimize the supply chain, and lower operational costs. One practical example is the integration of weight-sensing smart shelves with an IoT platform that leverages RFID technology to track inventory levels and issue alerts when stocks run low. Another way to enhance customer engagement is by deploying beacons that can deliver personalized offers and promotions.
The healthcare sector stands to gain various advantages from the monitoring of Internet of Things (IoT) assets. In particular, medical practitioners and hospital staff require precise information on the whereabouts of patient support devices such as wheelchairs. Incorporating IoT sensors into hospital wheelchairs enable real-time tracking through an asset-monitoring application, allowing prompt identification of the nearest available wheelchair. Moreover, this approach can be extended to manage other hospital assets, guaranteeing their appropriate use and facilitating financial tracking of departmental physical assets.
The advantages of employing IoT technology in the public sector and other service-oriented settings are diverse. For instance, governmental utilities can leverage IoT applications to alert their customers about widespread outages and even minor disruptions to water, electricity, or sewage services. IoT tools can also gather information on the extent of an outage and facilitate the deployment of resources for utilities to expedite their recovery efforts.
IoT technology not only facilitates the monitoring of physical assets but also promotes worker safety. For instance, individuals operating in perilous settings, such as chemical and power plants, mines, and oil and gas fields, require timely notification of hazardous events that may impact them. By connecting to IoT sensor-driven applications, employees can receive immediate alerts about accidents and be rescued promptly. Additionally, IoT applications are leveraged to create wearables that track human health and environmental conditions. These applications not only enable people to gain insight into their well-being but also allow physicians to supervise patients from a distance.