Why should you incorporate the Internet of Things in your life? Let us count the reasons. IoT can help individuals, businesses and the community in a daily basis. It can come in various forms such as safety, financials, health and daily planning. It has reached the peak of inflated expectations that it is hard not to recognize the buzz surrounding it. The challenge, on the other hand, comes with making the data smart and actionable.

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The Benefits of Internet of
Things
Why should you incorporate the Internet of Things in
your life? Let us count the reasons. IoT can help
individuals, businesses and the community in a daily
basis. It can come in various forms such as safety,
financials, health and daily planning. It has reached the
peak of inflated expectations that it is hard not to
recognize the buzz surrounding it. The challenge, on the
other hand, comes with making the data smart and
actionable.
Healthcare
Integrating the Internet of Things into the healthcare
system can be beneficial to the society. It allows
hospitals to monitor the vital signs of the patients,
recognizing the need for further assessment. It also
allows them to determine who needs primary attention.
Safety
IoT can also assist individuals with their personal safety.
Two very good examples of IoT are ADT, which is a
home security system, and GM OnStar, a system
embedded in GM cars. ADT allows monitoring and
control of security systems through mobile phones. On
the other hand, GM OnStar tracks the movement of the
car, detects a car crash and automatically calls 911.
Financial
The Internet of Things can also help save money within
the households. When appliances communicate, you
can save energy. It takes, collects, shares, and
translates data into many ways to make the current
system more efficient. By allowing the physical devices
to communicate, you can automatically adjust them to
sleep in. This may sound unimportant, but, according to
Koreshoff, time misusage costs up to $135 billion per
year.
Businesses
Businesses can also benefit from IoT. The Internet of
Things can be used for asset and individual tracking,
inventory control, security, energy conservation,
shipping and location. Since it allows communication
among devices, it lets people know their location and
condition. It helps ensure quality products and services,
reduced costs and customer satisfaction.