Telecommunication is one of the most important industries in the world of technology by some miles if you pause and ponder the amount of time you spend using telecommunication as a part of your existence mediated by technology. The arrival of the internet has changed things completely and now, it is going to be simply matter of time before it takes over everything. Everything is moving extremely fast and generating too much information at every second. This is precisely where Internet of Things have decided to intervene.
Nothing is worth giving up
IoT is a concept that has been there for thousands of years but it is the arrival of internet that has revolutionized the scenario. Sensors, receptors and a host of other devices are at work every moment and they are channels for petabytes of data. However, what IoT can bring is a ‘smartness’ in the process so that the network of communication is not a passive entity in the process but takes active part in the process of data exchange.
The reservoir of information
Telecommunication is increasingly being realized as the global need of the hour and it will only get bigger. To tap into such huge pool of information, smart cities, smart devices and smart technology have become the order of the day. Another thing to introspect is the ability of IoT to generate huge amount of revenues which comes from the various IT industries who would love to invest in the new technology since it can provide unprecedented and unforeseen things once analytics is run on this pool of information.
A network of potentials
If smart cities are built as planned, then what it will do is basically a network that allows data of various degrees to communicate freely. This is surely the finest hour for digital revolution where cities will generate data about lives, lifestyles and modes of existence which will only help in getting these cities better.
Bettering consumer service
Everyone is a consumer at every moment and it is why IoT is needed even more as machines that feed data can now be regarded as secondary consumers for a lot of businesses. For example, if your company is producing some data which will be useful for a company of completely different field, then it is going to become your consumer. Bettering your data can only provide you an even better business than usual.