IoT, the abbreviation of , is a path-breaking discovery. In simple terms, it is a web of digitally-connected things. It facilitates the automotive communication among physical devices such as vehicles, buildings, processes and almost everything that we see around. Iot is controlling, managing and helping human work and is a major contributing factor in and outside of all business realms. Less inefficiencies and greater quality work without human intervention is now possible due to the Internet of Things.
But everything comes with a price. IoT is benefitting the high tech world to a great extent but while associating some threats to it. Let us learn about this amazing discovery’s advantages and disadvantages.
Upsides of IoT
A Time Saving Tool
Iot allows us to work simultaneously on two different portals. You can shop online and watch videos at the same time, all thanks to IoT. Now we are able to avail the benefits of the internet while traveling. This is the power of IoT.
Imagine if your another trip to the store is saved by intimating you in advance about the low ink in your printer, would you not be thankful enough? Just because of Iot, we are able to get data about the things that were almost impossible earlier. For example, it can check the exact amount of the quantity of the air that is supplied in your homes. Therefore, it helps you to make smarter decisions.
Anything that saves money is worth it. When communication between electronic devices is made easier it helps people in their daily tasks. In simple terms, transferring data packets over a connected network saves time thereby saving and conserving energy and cost.
Facilitates customers dealing
With the assistance of IoT, the customer data is tracked, monitored and uncovered at a faster pace than ever before. Customer behaviors are also predicted and any change in the trends can be forecast before the time they actually occur. IoT promotes engagement with the customers and that results in encouraging customer loyalty too. So when you receive any email or text from a store asking you about your feedback, it is the IoT that is helping that business entity to analyse your experience and improve their services.
Disadvantages of IoT
Every device around you is connected through the internet right? This brings us to the point that IoT systems communicate over networks. Therefore despite all the security measures, various kinds of network attacks can happen. This system offers little control and the risk of any data leakage is always there. This comes under the major drawback of the IoT system.
A lot of complex operations run the IoT system. Iot is a web of networks that connects several devices so that various tasks can be managed easily. This may sound easy but it is a complicated process. While working on the complex operations, a single loophole can cause the flood. The situations sometimes get really tough to handle and puts a tremendous effect on the particular process that Iot is facilitating.
A complete reliance on IoT
Without even our realization, IoT is making us dependable on its services . It has penetrated in the business as well as the personal lives and is dominating our lifestyle. It is a major shift that is happening in our lives. The current generation is already hooked to the tech devices and with IoT, the dependability further seems to be increasing.
Dearth of Employment
Along with creating more technical jobs, IoT will end up resulting a dearth of job opportunities for the unskilled workers. To be precise, when all the daily activities are automated and human intervention is not required, unemployment issue for not highly educated staff can spread its tentacles. Although, this situation can be improved with education and more people can be entitled to skilled jobs.
No doubt that after implementation, IoT is entitled to save your time and money, but the initial cost of setting up the system is huge. For instance, to set up the Iot network, a number of devices need to be purchased and configured. However, if adequate research and proper planning is done, these obstacles can be eradicated beforehand.
I hope you understood all about the IoT system. Its advantages come with a fair share of drawbacks too. However, there is no denying the fact that IoT has several potentials to improve the quality of life of the human.