K
Kathleen Martin
Guest
There's no denying the impact Internet of Things (IoT) devices have across the world, and some estimate there will be as many as 30.9 billion connected devices by 2035. The potential reach and influence of this technology are undeniable.
And the world we live in is shaping use cases for these devices. Both businesses and consumers realize just how versatile and impactful they can be—from smartwatches and other consumer wearables to healthcare, supply chain logistics and even aids for property owners to monitor their spaces.
Several key factors are impacting IoT today and will continue to shape the industry as we move through the second half of 2022 and beyond. Let's dive into three trends making this such an exciting space to invest resources into this year.
1. Supply chain disruption
Supply chain issues have become a hallmark issue of the pandemic. Everything from semiconductors inside so many electronics and appliances to groceries and the auto industry have been impacted. Many companies are struggling to move inventory quickly from manufacturer to warehouse and into the hands of consumers. Even if the pandemic were to end today, it would take quite a while for the supply chain to recover.
IoT devices present an interesting way for companies to gain visibility into their supply chain and know in real time where shipments are located. Many companies are already doing this via fleet management. This gives them the data and information they need to adjust in real-time, rather than reacting when it's too late. We're seeing this in action with Maersk, one of the world's largest shipping providers, which is leveraging the data from hundreds of thousands of IoT devices to improve visibility, conditions control, customer needs, and more.
Continue reading: https://www.thefastmode.com/expert-opinion/27086-what-s-driving-iot-three-trends-shaping-the-rest-of-2022-and-beyond
And the world we live in is shaping use cases for these devices. Both businesses and consumers realize just how versatile and impactful they can be—from smartwatches and other consumer wearables to healthcare, supply chain logistics and even aids for property owners to monitor their spaces.
Several key factors are impacting IoT today and will continue to shape the industry as we move through the second half of 2022 and beyond. Let's dive into three trends making this such an exciting space to invest resources into this year.
1. Supply chain disruption
Supply chain issues have become a hallmark issue of the pandemic. Everything from semiconductors inside so many electronics and appliances to groceries and the auto industry have been impacted. Many companies are struggling to move inventory quickly from manufacturer to warehouse and into the hands of consumers. Even if the pandemic were to end today, it would take quite a while for the supply chain to recover.
IoT devices present an interesting way for companies to gain visibility into their supply chain and know in real time where shipments are located. Many companies are already doing this via fleet management. This gives them the data and information they need to adjust in real-time, rather than reacting when it's too late. We're seeing this in action with Maersk, one of the world's largest shipping providers, which is leveraging the data from hundreds of thousands of IoT devices to improve visibility, conditions control, customer needs, and more.
Continue reading: https://www.thefastmode.com/expert-opinion/27086-what-s-driving-iot-three-trends-shaping-the-rest-of-2022-and-beyond
