The Internet of Things is more than just a buzzword. In fact, the acronym “IoT” refers to a network of billions of physical devices around the globe. These devices are equipped with Internet-connected sensors that provide ongoing data collection and sharing. As such, IoT is transforming the way consumers and businesses learn about and connect with one another.

There is no shortage of IoT devices and applications. Many consumers are reaping the benefits of smart light bulbs, activity trackers, hands-free speakers, and other IoT devices.

Meanwhile, businesses are using industrial IoT (IIoT) devices to track equipment maintenance and repairs, monitor employee performance, improve product quality and safety, and much more.

Some cities are even using IoT devices to set up real-time data collection and alerts to notify municipal services when trash bins need to be emptied, improve parking space availability, and manage pollution.

Clearly, there’s a lot to do around the Internet of Things, and IIoT provides growth opportunities for organizations of all sizes and across all vertical markets, including healthcare. IIoT offers many benefits, such as:

• Unprecedented connectivity: IIoT data and insights from connected applications and devices empower organizations with the ability to deliver innovative new products and services faster than their competitors.
• Increased efficiency: IIoT networks of smart and intelligent devices provide real-time data to arm employees with the information they need to optimize their day-to-day efficiency and productivity.
• Cost savings: IIoT devices provide accurate data collection and automated workflows to help organizations reduce their operating costs and minimize errors.
• Time savings: Connected smart devices can help organizations enhance the performance of systems and processes to save time.

The global IIoT market is projected to grow significantly. Grand View Research has projected that the global IIoT market will be worth nearly $934 billion by 2025. The market research firm noted the rising demand for cloud computing, big data analytics, and other technologies are among the prime factors that could accelerate this market’s growth.

Many consumers and businesses want to get the most out of their connected systems, but most fail to understand the opportunities IoT presents. Web and mobile app development firm Seamgen is trying to take the guesswork out of IoT. Check out Seamgen’s IoT infographic below to learn the basics about how IoT works and its potential benefits.

About the Author:

Marc Alringer is president of Seamgen. Seamgen is an industry-leading digital agency specializing in mobile and web app design and development. As one of the top app development companies in San Diego, Seamgen builds innovative digital products that put the user first across a multitude of different industries including healthcare, hospitality, and automotive. The company, which has offices across the U.S., says its team of expert designers and developers craft custom software solutions that delight users and drive ROI.