Internet of Things is the network of different types of devices that may be portable, wearable and implantable. The effect of advanced technology on the business or the development of the organization is prominent. With the significant enhancement in the latest technology, companies need to adopt the new technology which is in trend to go ahead in the future. It plays a role as a medium to communicate with devices and systems which are severe in real-time. We can say that IoT will have an impact on every stage of our lives because innovation is going to transform technology as well as our lives.
IoT enabled parking : Parking is a significant problem, primarily in urban areas. The traveller has to spend more time, energy, fuel to find a better parking place. During peak hours, the situation gets worse; the Internet of Things can overcome this problem. New startups have officially executed advanced technology to get rid of these problems in many areas. This startup gives an outlook on all authorized parking spaces in many areas. IoT reduces human effort and allows users to view availability and book a parking spot from their place and even make payment through an electronic wallet. The result is that this process is time-efficient as well as hassle-free.
Internet of Things (IoT) Enabled Home Automation : Home automation is a vast platform where tech-companies are focusing. It offers various advantages, For example, Imagine your room appliances like your Air conditioning is automatically adjusted the temperature (based on the weather conditions) without your involvement. It looks pretty tempting; this is only possible with the Internet of Things. Right now everyone can’t afford this because it is quite expensive. This technology is only being used in the residences of wealthy people, but with time, the cost of this technology going to reduce, and this technology will be available for everyone.
Advantages of IoT in Home Automaton :
* It saves energy
* It reduces electricity bills
* It reduces human effort
