The Internet of Things is disrupting the industries we work in, whether or not we're prepared. Here, we’ve compiled a list detailing how 14 major industries are already leveraging IoT.
What is the Internet of Things Being Used For?
The Internet of Things (IoT) is the next big disruptor in tech, with over 20 billion IoT devices expected by 2020 and a market valued at over $3 trillion, according to Gartner. Which means that IT (because you can’t have IoT without IT) is going to have a lot more work on its plate.
The power of IoT is that each “Thing” has sensors which can collect and send data and communicate with other “Things”. This allows companies to turn their warehouses (or shops, offices, factories, seaports, etc.) into sensitive, highly coordinated environments that are always collecting data —and always improving.
An IoT device has two primary capabilities: it can collect and send data and it can complete an action (like a robotic arm on a factory floor). IoT becomes exceptionally powerful when it is brought to scale, when an organization uses thousands of sensors to collect data or coordinates the actions of hundreds of factory robots, for example.