The Internet of Things has been given an etiquette of the next industrial revolution as it is going to bring similar staggering changes to the way humans work, live, travel and entertain themselves. Besides that, it will also change how the businesses and governments interact with their consumers or citizens respectively. The revolution is here!
We are witnesses of self-autonomous cars which have built-in applications, smart home devices which lets you control the lights, thermostat, the temperature of your rooms. Not to mention wrist wearable fitness trackers to know how your exercises are helping your muscles and body, that is all due to the grace and ingenuity of IoT.
This is just the origin, and there are a lot more changes in the near future. Let’s first jump in the more comprehensive retail industry.
IoT Applications in Retail
There are multiple IoT use cases in retail. In the following lines, we will cover some of the most applicable concepts and ideas which make IoT a game changer in this ever expanding industry.
You have probably witnessed those long lines that deter you from actually waiting to purchase a product. And as a manager, it can certainly seem unprofitable to acquire and pay multiple employees to work during busier shopping times. With IoT, you can create a system to read tags on each of the items when a customer leaves the store. Checkout system would then sum the items up and automatically deduce the cost from the customers’ mobile payment system.
If you have frequently returning customers, no doubt you’d like to reward them for their returning loyalty. With IoT, you can set up sensors throughout the store that send loyalty discounts to designated customers when they stand near products with their phones, if those customers sign up for a loyalty program in advance.
Beacons, introduced by Apple in 2013, are small-scale Bluetooth devices that broadcast alerts to smartphones based on location proximity. In the retail industry, this essentially means customers can acquire discounts, special events, or other updates when they are near a certain shop and have beforehand downloaded the stores’ app.
Almost every employees’ time and energy is focused on keeping track of items to make sure they are never out-of-stock, and also checking that items aren’t misplaced on various shelves. You may use Smart Shelves to automate both of those tasks, while simultaneously help with the potential of theft.
IoT will weigh down on the entire health industry.
There is a number of wearable devices that are used for patients to measure and indicate their vitals like pulse rate, heartbeat and blood pressure. This makes IoT critical in the health industry. With IoT, the traditional doctor-patient model will definitely change as there will be an increasing trend for putting such sensors even within the human body itself. These devices will be powered with biological energy sources like vibrations, also they will be used to monitor wirelessly from Bluetooth to other devices.
Offices will be connected through IoT in their entirety
Automating a factory or the production process by using super innovative IoT products is a different thing altogether, how about connecting the employees? It certainly can be taken for granted that each of the employees has their own smartphone and with the growth of popularity of wearable devices, it is just a matter of time before creating an office ecosystem connected entirely through the net. You would be able to see some of the movements of your colleagues around the office through the use of personalized applications. Many would argue the privacy of such actions, but nevertheless, it could be possible.
You may well understand what the Internet of Things will become in the not so distant future and what they bring to the industry table. Best advice whether you are a consumer or an entrepreneur is to get yourself a high-speed internet connection so that you or your business or yourself are not deprived of any of the amazing services that these devices have to offer.
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