We are fascinated with the gadgets that actually function on the grander scale for years – but it is just in past some years we have seen IoT’s potential. This concept evolved as the wireless Internet got pervasive, and embedded sensors also grew in the sophistication as well as people started knowing that the technology can be the personal tool and professional one.
“Internet of Things” term was coined in 1990s by the entrepreneur Ashton Kevin and founders of Auto-ID Center in MIT, was a part of team who discovered linking objects to Internet through the RFID tag.
Why’s Internet of Things so important?
You may be totally surprised to know how many things will be connected to Internet, or how much of economic benefit that we will derive from analyzing resulting data streams. So, here are a few examples of impact Internet of things Singapore has on the industries:
- The smart electric grids efficiently connect the renewable resources, enhance system reliability as well as charge the customers based on the smaller usage increments.
- Intelligent transport speed up the traffic flows; decreases fuel consumption, prioritize the vehicle repair schedules or save lives.
- Data-driven systems can be built in infrastructure of the “smart cities,” and making it simple for the municipalities to run law enforcement, waste management, or other programs efficiently.
- The machine monitoring sensors can diagnose or predict any pending maintenance issues, the near-term stock outs, as well as prioritize the maintenance crew schedules of repair equipment as well as regional requirements.