Business Internet

Challenges that a Business Can Face With Internet of Things

The technology of Internet of Things is gradually being developed for a huge range of business purposes. There are people who use IoT for keeping their cars at safe distances, for monitoring cargo temperature and for monitoring their heart rates through smartwatches.

Internet of Things (IoT)

Can you believe that Diageo, a drinks company has even created a smart bottle of Johny Walker which can tell the user when it has been opened and send this message to the smartphone of the owner?

So, this being the kind of acceptance of Internet of Things, you must be wondering how you can use iselect internet to your best in order to stay on top of technology. Read on to know more on this.

Benefits of IoT

1) Assembles rich data:

The Internet of Things allows businesses to assemble huge amounts of data regarding their customers and products and offer them a deep understanding of the products which are used and the way in which they can be developed.

A car tyre that is enabled by IoT could monitor performance and usage in various conditions, thereby allowing the design of the tyre.

Advantages of IoT

2) Communicates with customers:

The information that is gathered by the IoT can be sent over to the smartphone of the customer through an app which reaches the screen either through messages or through notifications. For instance, if there are smart metres, this could remind you about turning off the lights in those empty rooms and the food packets could even notify you when the contents are about to finish.

3) Stock control in a better way:

The IoT devices allow enterprises to have a real-time and clear overview of the resources and their inventory. They are able to know where the items are, the items that are shipped, used or damaged. Since you can track and analyze all sorts of details, this leads to better efficiency and doesn’t let your consumables run out of stock.

Are you ready to use IoT?

If you’re thinking of embracing IoT like never before, here are few challenges that you would require overcoming.

1) Investing in devices:

If you wish to obtain the benefits of IoT, you have to be ready to invest in the same. You would have to get the devices which you want to use and the software that is required for data analysis. You are lucky enough to note that there are many products which are enabled for IoT.

2) Security issues:

Computer Security Issues

One of the biggest challenges of IoT devices is that they’re susceptible to hacking. The internet providers have allowed internet connectivity without giving second thought to aspects like security. Few devices don’t allow passwords to be changed.

3) Training staff:

When you adapt new technology, this will demand the new staff to be trained. The total amount of training that is needed, will depend on the total number of staff that has to be trained about the technology that you’re using.

Therefore if you run a business which is all set to embrace IoT for reaping its benefits, make sure you overcome all the above listed challenges to get the benefits.

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About the author

Michael Austin

Michael Austin is a Internet Entrepreneur, Blogger, Day Dreamer, Business Guy, Fitness Freak and Digital Marketing Specialist. He also helps companies to grow their online businesses.