WHAT IS IT?
Various objects, everyday appliances and machines are equipped with processors and embedded sensors. They can then communicate with one another over networks, send or receive data and utilise that data. The simplest applications are water meters, for example, that regularly send the latest reading to the water company, not only recording how much water was used, but also at which times of day it was used.
WHAT DOES IT DO?
Connecting various objects lends devices a degree of digital intelligence. This makes them capable of analysing real-time data without any human intervention. In private households, at present, it is most often small devices, such as blinds or coffee machines, that are controlled. In industrial production, the data is used to control or monitor machines. The machines are able to exchange data and communicate with one another.
WHAT ARE ITS BENEFITS?
According to a Gartner survey, 80% of the organisations that have adopted IoT are achieving better than expected results from their IoT projects.² Their main use in production facilities is to make workflows safer and more efficient in terms of both time and costs.