IoT is in its early days, but a little part of its growing ecosystem becomes an essential factor in our lives, whether we are aware of it or not. The IoT is present, ranging from manufacturing tools to farming to cities to grocery aisles and all the things in between.
IoT development has been and will continuously be nothing short of amazement. A consulting firm McKinsey & Co. presented a compound annual increase rate of about 30% from 2015 through 2020. As lots of consumer and industrial use cases become known as success stories, it will become given that any workplace, device, or business function can be digitized.
But the high figure doesn’t give a well-detailed story. It’s because even realistic researchers and consultants aren’t entirely sure of the level of complexity organizations are going to meet in really deploying their IoT projects.
As with lots of projects joining the “magic” of technology with non-emotion business goals, success is massively affected by the need to see IoT deployment more like a series of processes instead of a big-bang event.
The best practices in IoT deployment must account for a series of problems before, during, and after systems are advanced solutions are deployed. That leaves several places where things can go out of order.
10 Case Studies of IoT
One way that IBM is assisting its customers is to realize the ability of the IoT by offering the technological infrastructure to support the release of new business lines.
IBM also is supplying the IoT transformation into the home-appliance sector through a partnership with Whirlpool.
The association was formed in 2014. It allows Whirlpool to use the IBM Watson IoT Cloud to analyze rapid streaming data from appliances to rapidly develop significant insights and offer additional customized services to its customers.
Incorporating cognitive analytics, data management, and protection, Whirlpool can comprehend how consumers use appliances, adjust performance, optimize the supply chain, and improve service delivery. Using the Watson IoT Cloud, Whirlpool can also gain access to IBM’s predictive maintenance abilities to access several data sources in real-time.
To predict any potential problems, avoiding quality and customer-satisfaction problems, and decreasing maintenance costs.
Whirlpool is also using IBM Cloud Business Solutions to assist customers in making a significance in their communities, such as making a little donation to Habitat for Humanity whenever a load of laundry is washed.
Daimler and Whirlpool are part of the companies IBM is supporting through IoT-driven changes. Both demonstrate that the IoT can become an economic transformation even for well-established companies.
- The Tesla IoT Car: Case Study
The MIT Club of Northern California (MITCNC), is the regional alumni club of Massachusetts Institute of Technology in Northern California. Exhibiting their best Car & Driver reviewer, while maintaining their propeller hats on to observe IoT, data, privacy, and security, this is a significant observation of the most talked-about car this century.
- GE’s Big Bet on Data and Analytics
Here’s a well-timed recent case study from MIT Sloan Management Review that studies how GE is looking for better opportunities in the Internet of Things with industrial analytics. GE is at the forefront of the development of a new breed of operational technology (OT) that stays on top of industrial machinery.
Extendedly is known as the technology that controls and tracks machines, OT now goes beyond these functions by connecting devices through the cloud and using data analytics to assist in predicting breakdowns and assess the machines’ entire health.
- Human Condition Safety
Based on the survey of the Occupational Health and Safety Administration (OSHA), about 20% of worker fatalities occurred in 2014 in the construction industry. The deadly four: falls, electrocutions, strikes by objects, and being caught in or between objects were the cause of about 60% of construction worker deaths.
Due to the dangers occurring on construction and other work sites, where employees interact with big, usually risky machinery and where the weather can be a wild card, construction sites mostly feel like a battle between safety managers and workers. In 2016, AIG made a strategic investment in Human Condition Safety (HCS).
This start-up company uses the IoT to assists in creating a secure environment for workers by identifying and decreasing job-site dangers.
HCS has modified a wearable technology formerly developed for high-performance sports applications to decrease or abolish several dangers usually associated with industries like energy, manufacturing, warehouse and distribution, and large-scale construction.
If an employee wearing HCS sensors goes into a danger zone like the blind spot around a heavy machinery piece, the system will warn the worker to move to a secure location or automatically turn off the machine.
Site managers can access site-specific atmospheric data to known when to suspend work whenever heavy weather is coming. Architects, engineers, and others in upstream planning functions can use longitudinal data to make secure designs from the outset.
- PTC Thingworx – All Traffic Solutions
Thingworx, a PTC company, has an IoT platform developed to create and run IoT applications and allow customers to change their products and services, innovate and reveal new business models. They have an excess of case studies, but the interesting one is the All Traffic Solutions.
The company has been leading the wireless market for over a decade but currently sells its traffic safety products in every part of the United States and 20 countries worldwide. That reach has offered a good deal of field-based knowledge that, for the past five years.
All Traffic Solutions has navigated into creating innovative new web-based and IoT-connected signs that are extremely smart, nevertheless easy to use, adding significant value to the company’s hardware for its customers.
Developing a quicker one, Safer Trucking Industry German auto manufacturer Daimler has a vision for a transportation sector, where no death occurs in a crash, making the roads they travel on secure and more effective. Daimler has preserved a continuous presence as one of the forefront adopters of IoT technologies in its vehicles.
It is proceeding to develop on previous innovations by improving a system for its trucks that enables highly assisted or driverless operations, decreasing driver weariness, and enhancing road safety.
Daimler has put into practice technologies like proximity control, stop-and-go assist, emergency brake assist, lane-keeping assist, and 3-D maps in pursuit of secure roads. Such functions enable a vehicle to automatically keep a safe distance from other cars in a wide variety of traffic and road conditions, also, to automatically braking when needed.
Daimler also has integrated enhancements to its road tracking systems with innovations, like a stereo camera and radar sensors, which enable for enhanced accuracy and better response times. Daimler is presently working to produce a commercially available vehicle furnished with a “Highway Pilot System”. It will improve road safety by easing the driver during strongly risky sections of his or her route.
- SLAC National Accelerator Laboratory
Since its establishment in 1962, SLAC National Accelerator Laboratory has been assisting in developing the future. About six scientists have been awarded Nobel prizes for their work done at SLAC, and more than 1,000 scientific papers have been published annually based on research at the Palo Alto-based lab.
The team is currently working on a plan to collect data from every intelligent sensor that tracks the comprehensive systems at SLAC and feeds the data into the cloud where it can be accurately processed, analyzed, and delivered to control engineers.
One of the most innovative IoT solutions provided by Microsoft is the Azure IoT Suite. It provides arranged solutions for businesses to offer actionable insights and real-time intelligence from the devices, assets, and data they own.
Azure IoT Suite also allows businesses, either large or small, to influence useful applications such as remote monitoring and predictive maintenance to handling millions of connected devices and assets on any level.
- IoT for Electronic Medical Records
The necessity to reduce cost, enhance medical care, and take electronic medical records (EMR) is making hospitals to utilize information technology solutions that simplify procedures like billing, medical imaging, and electronic medical records processing.
This case study from Intel reveals how their partner NEXCOM created a medical informatics solution based on technologies from the Internet of Things (IoT) to assist them in common communication obstacles between medical devices and IT networks.
The solution transforms medical device data into electronic medical records. It automatically sends them to the hospital’s private cloud, where data analytics can be executed to properly evaluate a patient’s condition.
OTOY can use IoT-connected sensors to gather correct, real-time data on atmospheric conditions like lightning, wind, and temperature.
And merge that data with inputs about diverse materials that could be used in a project to replicate real-world performance under conditions liable to happen at the building site, instead of creating a written report.
OTOY can develop a digital model and carry out realistic simulations capable of informing decision making on most things from what window material will offer high-quality energy efficiency to what methods and materials will enhance food protection.
Although the practical applications for the IoT in the virtual-reality realm maybe a few years from the usual, the struggles of OTOY’s are a great example of the powerfully far-reaching implications of IoT development.
A bright and more connected Future via IoT Innovation. IoT will change our world. As it will allow businesses to enhance effectiveness, security, and profitability, it will begin a new era of economic productivity and development.
This change is taking shape in two essential ways, all of which can offer estimable insights: the transformation of internal operations and the transformation of the entire industries. Both categories are an unusual source of information about the direction of future IoT innovations and the chances of enhanced connectivity.
Along with economic opportunity, IoT innovation contributes with it recent challenges and interest that need to be taken into consideration. Ranging from cybersecurity to the ethics and liability problems that come with automation and loss of human control, companies must compete with the contingencies that may occur.