The Internet of Things is one of those technologies that today are continuously receiving massive investments from the side of companies of different types. Businesses that work in a wide range of various industries are interested in automating routine tasks, conducting remote monitoring, and having the possibility to get deeper insights into their ongoing processes. And that’s exactly what IoT can bring to them.

The total annual revenue of the global IoT market was over $250 billion in 2022. Given the growing demand for IoT-powered solutions, experts predict that in 2030, this figure will successfully hit the mark of $620 billion.

While in some sectors, the use of IoT tools has already become an industry standard, in the majority of markets, it is too early to speak about the mass adoption of this technology. IoT development companies help firms to build unique solutions that fully correspond to their needs and can bring real value to their businesses by increasing productivity and profits.

Let’s have a look at the examples of IoT use cases across different industries.

Smart security systems

Very often, these solutions are part of wider smart home or smart office systems, but they can be used as standalone products as well. They are aimed at ensuring the security and protection of people in buildings and their properties. Today there is a huge range of different security cameras of numerous types that can be installed at various locations for executing continuous remote monitoring. Moreover, smart cameras can detect any deviating behaviors (for example, any movements at the facilities at a time when there should be nobody there) and send notifications to authorized users.

Smart security systems can also be enriched with different sensors that can measure and analyze such parameters as temperature and air humidity. Critical changes in these indicators can be signs of upcoming threats of fires or any other incidents at the enterprises.

Companies can also install door controllers and smart locks that will also help to increase the level of security at their facilities.

IoT parking systems

Smart systems powered by the Internet of Things can be applied to regulate the occupancy of parking. When a company operates multi-story car parking facilities, it is practically impossible to control its occupancy and detect the availability of free places without relying on modern tech tools. And IoT is one of the best choices for increasing the accuracy of this real-time monitoring.

Smart devices installed directly at parking places and at the entrance points can help to track the number of occupied and free places and provide a driver with detailed instructions for getting to a place where they can leave a car.

Smart farming

Though farming previously used to be a fully traditional branch, today the use of modern technologies has become an important part of this business. IoT can help greatly increase the quality and quantity of products offered by farmers.

First of all, smart sensors can be used for measuring and tracking various parameters, such as the state of soil, humidity, lighting, and weather conditions. Based on this real-time data, farmers can make better decisions that will have a positive impact on their crops.

Secondly, the Internet of Things is an important technology in automation solutions. Now, spraying and hydrating can be conducted and managed fully automatically.

Moreover, special smart devices can be applied for raising livestock. For example, farmers can fully automate feeding processes and can track the location and health state of their animals even in a remote format.

Smart manufacturing

Automation can fully change the way modern factories work. Despite a high tech development level that can be observed at enterprises today, a lot of tasks are still performed manually, which can lead to a huge number of mistakes caused by a human factor. Thanks to automation solutions, factories can not only optimize their labor resources and let their employees focus on more creative and complex activities instead of monotonous routine tasks but also increase the precision of the results. This approach will lead to the growing productivity and profitability of enterprises.

Smart warehouses

IoT systems can fully change the way of managing warehousing facilities. Thanks to smart tags, trackers, and other devices, you can significantly reduce the risks of errors caused by a human factor and ensure more accurate inventory management. By using robots, autonomous vehicles, and even drones, it is possible to organize faster transportation of items within the facilities.

Moreover, thanks to a great variety of detectors and sensors that are available today, warehouse operators can efficiently monitor a lot of factors and track any possible changes in them. Among the examples of such parameters, we should mention lighting, air temperature, and humidity. You can use all these sensors separately. But to maximize the effect of their application, you can also unite them into a common IoT-powered system that will allow you to control the required conditions fully remotely. Smart devices can track the changes and send notifications to operators when the conditions become unfavorable for the stored goods.

IoT medical systems

One of the main benefits that the healthcare industry can enjoy thanks to the introduction of IoT solutions is the possibility to continuously track vital parameters of patients fully remotely. Thanks to special wearables and other smart devices, doctors can control the changes in vitals in a 24/7 format. When a system detects any serious changes in them, medical staff will be notified and will be able to react immediately.

Another example of IoT applications in the healthcare industry is the use of robots for surgeries that require the highest level of precision.

Summary

Though we’ve mentioned only a small part of the entire range of IoT applications in the business world, even based on these examples, we can come to the conclusion that the Internet of Things has a strong potential to change a lot of processes and tasks that we are accustomed to fulfilling in a completely different way. Thanks to the use of IoT-powered tools, enterprises can reduce their business risks, avoid losses and enhance their performance.