IoT is no longer just a buzzword

The Internet of Things (IoT) has been around for some time now. Simply described, IoT is a system of interrelated devices with the ability to transfer data over a network without requiring human interaction. Because of recent advances in architecture, hardware, and software technology, IoT is no longer just a buzzword. It is changing how we work, plays, as well as many of the tasks in between, including how we interact. IoT has no boundaries, impacting all facets of daily life; touching people, machines, animals, homes, and more. Just think of how many things can be linked or controlled through your phone. Let alone what you’ve seen done via a voice interactive home hub speaker and virtual assistant like Amazon Alexa.

The “Internet of Things” is exploding. It is made up of billions of “smart” devices—from minuscule chips to mammoth machines—that use wireless technology to talk to each other (and to us).

Most IoT smart devices aren’t in your home or phone—they are in factories, businesses, and healthcare.

Why? Smart objects give these major industries the vital data they need to track inventory, manage machines, increase efficiency, save costs, and even save lives. By 2025, the total global worth of IoT technology could be as much as USD 6.2 trillion—most of that value is from devices in health care (USD 2.5 trillion) and manufacturing (USD 2.3 trillion).

Fordewind.io is an IoT engineering and development company based in Kyiv, Ukraine. Our main areas of interest and expertise are the automotive industry and Smart Home/City projects. Contact us right now without a doubt and learn more about how we can help you build the future.