Brianna White

Administrator
Staff member
Jul 30, 2019
4,602
3,442
IoT Developments.png


The Internet-of-Things (IoT) continues its expansion across the economy, reshaping whole industries. Current trends are expected to continue, and some new trends will emerge. The IoT is likely to enter the healthcare industry and continue to expand in the remote work sphere. More IoT applications are expected to provide benefits through higher productivity and efficiency. This article considers the top 10 trends in IoT technology and its impact on the world.

More active penetration of IoT into the retail sector​

E-commerce has been growing immensely, winning its market share in the retail industry. Due to globalization and technological developments, the retail industry has shifted dramatically from brick-and-mortar supermarkets and malls to online shopping or e-commerce. In the coming years, we are likely to see even more innovation in the sector sparked by the development of the IoT. Amazon is about to offer a model of fully integrated supermarkets. Automation of the spread of the IoT is expected to continue and even accelerate in the upcoming years.

More growth in remote working driven by the IoT​

One key trend related to technology is the rise of remote working. An increasing number of companies shifted to remote work. However, productivity suffered due to the shift to remote working, and communication issues resurfaced. This is where the IoT comes in. Many companies already apply the technology, and the trend is not limited to tech companies. The IoT allows businesses to increase efficiency and productivity through more cooperation and better operations control because of increased automation.

The IoT and healthcare sector​

Another trend associated with the IoT is its increasing influence on the healthcare sector. Last year the technological revolution expanded in the industry due to new and unprecedented challenges in the healthcare system. This is represented by increased automation in the sector. Next year we will likely see the continuation of the IoT spread into medicine. This may include more automated medical devices and innovative data management. Therefore, investment in the IoT in health care will likely substantially increase in the years ahead.

The rise of “smart building” technology in the construction industry​

The construction industry is also likely to be affected by the IoT. In addition to 3D models, the IoT is expected to transform industrial operations and change safety standards. Next year we are more likely to see a shift in the industry toward more worker health and safety. The IoT is expected to help construction companies create a more protected environment without hurting financial results. New technologies will comply with strict work safety standards and will be cost-efficient at the same time.

Continue reading: https://readwrite.com/key-developments-and-trends-in-the-internet-of-things-iot/