Articles

Best 8 Digital Breakthroughs Powered by IoT

by David Jones Digital Marketor
It’s not biggie that the devices from the watches we wear to the cars and refrigerators we use every day have evolved and are doing more than originally designed to do - thanks to the miracle that the IoT has. By reducing human interventions and making homes smarter, IoT is fast becoming one of the phenomena that will bring the future to the doors of humanity.

IoT or Internet of Things refers to the extended connectivity to the internet that includes everyday things and how things interact in our daily lives. And even though the rate at which these devices have made a difference in our lives seems natural as it meets consumer demands, savvy digital marketers see it as an opportunity to harness its power and adapt to change across the industry.

But how exactly are they tapping into this technology?

Keep reading to find out.

1. Using Big Data
The advent of the IoT has made way for a wider range of information from different touch points. For a digital marketer, this is extremely useful towards understanding the customer’s journey from start to finish. With the help of big data, the marketer can see where the customer is on their journey, and as a result they can generate more touch points for positive customer interaction. Increased access to customers gives marketers the opportunity to find new ways of communicating and creating meaningful connections earlier in the consumer stage, than when buying.

That said, marketers should be wary of data privacy laws and concerns about how customer data is used. Data protection laws such as the GDPR and CASL regulations have been enforced and if you are found guilty of misusing customer data, you could be charged a heavy fine of up to 20 million Euros or 4% of your annual income. .

2. Impact on the SEO industry
Beth Kotz suggested that individuals who specialize in SEO will experience a major shift in their industry and search engines will try to understand users ’intent as opposed to honing in on a keyword. The rise of Apple’s Siri, Amazon’s Alexa and Google Home means that instead of ranking web pages based on the inclusion of keywords, they will also be ranked based on the natural language used within the content; which caused the language to be more humane when speaking in AI as opposed to typing in the search bar.

3. Self-awareness and Self-diagnosing devices
Our phones and cars are not only self-aware, they become self-diagnosing! If that’s vague to you, we’ll paint you a clear picture.

This new feature will allow devices to know exactly when they need attention for maintenance. Prior to the failure of a product, manufacturers as well as customers are notified for a service appointment. Refrigerators will know when your stock will increase or if stock is wasted so grocery orders can be made for restock.

We are getting closer and closer to a time when connected AI devices will dictate our actions every day. They will affect all of your critical decisions and control almost all sectors. That is how powerful data gain is.

4. Platform Freedom
Products available such as washing machines, aircons, refrigerators, coffee makers, etc. can be controlled with smartphones, voice commands, web platforms, and smart wearable. This feature will apply to all those devices that have a switch installed on them. Also, the platform will eventually become the standard, allowing manufacturers to develop smart products that can communicate with all brands.

5. Enhanced Market Research
The other great news is that IoT will now make market research for digital marketers even bigger and better. Increasing the rate at which IoT-enabled devices will be used in the home will give digital marketers access to more data to analyze. This influx of data will allow marketers to streamline their process and reach niche audiences in many different ways.

6. IoT Enabled Entertainment Systems
Users will now be able to stream music from any corner of their home; Also, different music can be played from different rooms. And if that’s not all, music systems will work with lights and blinds to create the perfect mood for the listeners.

7. A Better World with IoT
With the help of IoT, our homes will be smart enough to optimize energy use. Occupant sensors now recognize when no one is in the room and turn off the lights and AC; Also monitors and controls light intensity.

8. IoT Will Be More Secure
The IoT can be made secure if all networks connected to it are secured in the initial stages of app design through continuous authentication and data verification. It is possible to maintain its security through proper coding, tested APIs and strong authentication. Soon, the IoT will have a far-reaching impact on our daily lives so experts are trying their best to install security in apps so that security breaches don’t happen.

Let's now look at the Statistics below: -
  • Ericcson estimates the number of cellular IoT connections is expected to reach 3.5B by 2023, rising to a CAGR of 30%. (Forbes)
  • IoT devices and services will reach a release point of 18% to 20% adoption in 2019.
  • Worldwide Internet of Things technology spending is set to reach $ 1.2T in 2022, achieving a CAGR of 13.6% during the 2017-2022 forecast period.
  • Bain predicted the combined Internet of Things markets to grow to nearly $ 520B in 2021, more than double the $ 235B spent in 2017.

Final Thoughts
The IoT is increasingly influencing all of our lives but it won’t stop there. Companies in every sector are experiencing the changing effects of the IoT and this has paved the way for new business opportunities, greater efficiency, cost effectiveness, unspoken customer experience improvement. Along with AI and machine learning, it will make business cases more attractive in 2019 and beyond.

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About David Jones Committed   Digital Marketor

612 connections, 24 recommendations, 1,480 honor points.
Joined APSense since, October 6th, 2020, From La Jolla, United States.

Created on Mar 30th 2021 07:41. Viewed 191 times.

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