Categories: News

Here's the real money-maker for the Internet of Things

Michelin is embedding sensors into its tires for trucking measurements.

Some people call this realm IIoT, the Industrial Internet of Things. In business, it’s not about not getting up off the couch to flip a light switch. It’s about efficiency, data, interconnectedness of systems—and big, big money. According to Accenture, corporations will be spending $500 billion a year on these technologies by 2020.

Usually, new technologies seep into the corporate world through the back door, when employees bring their personal technologies and devices into the workplace (see: smartphones, social media). But in the case of the Internet of Things, it looks like industry will lead the way.

You may not be completely sure why anyone needs to build sensors into, write an app for, and generate data from a waffle iron.

But in the commercial world, when the “things” in question are big, expensive, dangerous, and mission-critical pieces of equipment, the “why” of sensors, data, and apps is screamingly clear.

 

ytech

Recent Posts

The Benefits of Partnering with an IT-Managed Service Provider for Your Business

Table of Contents Introduction to IT Managed Service Providers Why Outsource IT Management? Cost-Effective Solutions…

2 months ago

Choosing the Right Thresholds for Your Home: A Comprehensive Guide

Key Takeaways: The importance of selecting the correct thresholds for different areas in your home…

4 months ago

Innovative Railing Gate Solutions for Modern Homes

Key Takeaways: The variety of railing gate designs can significantly enhance the aesthetic appeal of…

4 months ago

How To Choose the Perfect Vehicle for Extended Commutes

For many, commuting is an unavoidable part of daily life. But when that commute extends…

4 months ago

The Future of Mobility: Innovations in Automotive Technology

When you're on the road, you want to feel safe, comfortable, and like you have…

5 months ago

Clean Air Starts at Home: Tips for Maintaining Indoor Air Quality

Key Takeaways: Understanding the significance of indoor air quality. Identifying common pollutants in your home.…

6 months ago