Data is the new oil.
Everybody has a smartphone now, it’s the age of industrial revolution 4.0, technology has taken the world by storm and it keeps becoming huge. Everyday new technology is not only making a way into our lives but it’s making lives day by day better. Everything is connecting to another thing, and the world is a gobal village shrinking every second. Because, of digitisation, Internet of Things is the most transformative change ever. Furthermore, About iot technology, it is a network of devices linking together to share data through software. For instance, a smart watch keeping tap on your heart rate and monitoring it on your account.
An iot thing is providing data to inanimate objects things that can exchange data with each other and reduce the human burden. for example, Smart watch, Smart lights. IoT is futuristic, an iot thing is making everyday objects as data factories, it can be a physical extension of our mind. Where what you think is possible in real life.
5 facts about iot (internet of things) that every digital leader should know
1. Iot is future
Imagine an alarm clocks automatically switch on according to your schedule and when you wake up your coffee machine makes coffee. Your geyser automatically starts and everyting is working smartly to prepare you for your day, this is internet of things. And it is the future of coming world. And every digital leader should work towards it to make it better. Ai in iot is the coming phase and AI will connect everything more extensively.
Leader’s Tip
Leaders should always be learning more about the Internet of Things and its possible uses and effects in their field.
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2. Wide spectrum of applications is increasing
As iot is future, it has a diversified usage in almost every field from smart home to smart hospital. We use it in wearables, smart car, smart farming, smart city and much more. Certainly, Digital leaders should focus on application part and make it available to more and more people. The scope is very wide and everything is not even decide yet, it is just a tip of iceberg 90 percent still remains exploded. About iot technology, the applications are increasing everyday and there is nothing more useful.
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3. Integration of AI is paving new way for innovation
Ai in iot will further revolutionise the coming industry. Like mobiles connected to every device in your home and you can check your house from your office. Hence, Humans are using it to lessen their burden.
4. IoT is shaping the way we live
Digital leaders should know the human live is becoming better, today we don’t need survival of fittest, technology has cancelled everything and it’s the technology that is leading the world and we should focus more on it’s development. Talking about changes, ai in iot will be the most revolutionary change where humans will be just a spectator and user.
Leader’s Tip
Put emphasis on safety: Protecting information and maintaining the privacy and security of IoT-enabled devices and networks should be a top priority.
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5. Data is the new oil
Like in previous century, the country which has oil was dominating. Today the country which is giving data is being approached more. And, digital leaders should know that it is a data driven world and decison making should depend on it. Digital leader should work towards data development as well as its management and storage. Because, It is the most efficient way to become a successful leader.
FAQs
What are some interesting facts about IoT?
An iot thing is providing data to inanimate objects things that can exchange data with each other and reduce the human burden. for example Smart watch, Smart lights. IoT is futuristic, an iot thing is making everyday objects as data factories, it can be considered as a physical extension of our mind. Where what you think is possible in real life.
How digital transformation is changing human life to every possible extent?
As the pandemic has shown that world needs to be prepared for every danger and where technology was te only thing that kept this world going, people weren’t meeting physically but the connection remained same, every sector saw a push back and that’s where digital world came in and it transformed the world. From on to health sector it became a caretaker of everything and that’s how the world transformed digitally and it will keep on going.
Key Takeaways
- Connectivity revolution: IoT enables the integration of physical devices, sensors, and systems, resulting in a large network of data and automation possibilities.
- Secondly, IoT has the ability to transform industries by increasing efficiency and enabling new business models in sectors as diverse as healthcare, manufacturing, transportation, and agriculture.
- Insights powered by data: The Internet of Things creates vast volumes of data, which can be used for things like predictive maintenance, real-time monitoring, and tailoring interactions with customers.