High-speed trains transmit information about the state of the trains themselves and make maintenance recommendations. Smart tractors that know how to sow and where to sow. Super-organic farms whose fields yield 530 times more than conventional farms. It turns out that this is the reality we already live in, and it is even more fantastic than it seems. All of this is the result of IoT technology.
The IoT has a multifaceted impact on our lives, from the TV you can control from your smartphone to the smartwatch that tracks your daily exercise. It is a vast network that is connected to many different gadgets that have built-in sensors. The IoT provides a platform for receiving information from these devices, as well as a common language for their interaction. This technology allows projects to be implemented more efficiently and also helps save money. The results of an extensive study showed that in 2015 the number of devices connected to this network was 15.41 billion, in 2020 this number rose to 26.66, and by 2025 is expected to exceed the figure as much as 75 billion. And as the field of IoT tool development grows, there are more and more different applications and IoT solutions.
The Internet of Things is no longer associated only with the smart home and do-it-yourself kits with Arduino, more and more often it is about restructuring entire industrial and social processes: the automation of meter transmission, shoring services, drones, etc.
Professionals have a huge range of projects in different areas: telecommunications, transportation, medicine, utilities, industry, automation of business processes in corporations, etc.
Features of the IoT:
Accompanies all human actions.
The system is result-oriented.
The user sets the goal rather than programming the action.
What Skills Do Employers Require?
The first thing you’ll need even before you start learning about IoT technology is a fairly confident ability to program. This can be any of the OOPs, but Python, C, C++, or Go are welcome.
Next, you are already mastering the key components of an IoT solution: devices and networks, platform, and application.
1. IoT Helps Understand Customers and Thereby Improves Service.
For example, Rolls Royce receives data on how airlines use their engines. Samsung also receives user data from its gadgets. It uses it to improve its products. For now, this is just the beginning, but in the long run, any business will be able to better understand its customers.
2. Save Time and Money With IoT Software Developers.
New IoT systems require a large investment. If you want to save on expenses, it’s smart to hire an experienced development team. IoT developers test systems and devices quickly and efficiently, eliminating any problems early on and improving final designs through careful evaluation. This will save a lot of time and money for the company.
3. IoT Development Team Improves the Company’s Competitive Performance.
Increase the index of competitive advantage in the market by reducing the cost of key financial costs through their optimization.
4. IoT Creates New Value for the Consumer.
A company that uses new technology offers a qualitatively different product. For example, John Deere makes unmanned tractors for agriculture. In addition, its machinery is equipped with sensor sensors that monitor the condition of the soil. The right fertilizer is applied in the right amount. Such offerings are few and far between on the market, and they are in demand.
5. IoT Optimizes Business Processes.
A business owner receives real-time data from IoT devices and can immediately adjust business processes. For example, a cab service analyzes the number of cars on a route and the number of orders. If there are more orders than cars, the IoT automatically raises the fare. This algorithm is already used in many cab services, such as Uber or Maxim.
6. The Introduction of IoT Increases the Profitability of the Business.
The information collected by smart gadgets helps to develop the business in the right direction. This information helps to control and properly allocate all resources of the company. In addition, the data extracted in this way can be a source of additional profits. For example, Google collects information about how consumers use electricity. They can sell this information to energy companies or utilities.
7. Remote Monitoring Capability.
Ability to remotely monitor geographically remote objects, which eliminates emergency failures and critical breakdowns in production facilities.
8. The IoT Software Development Team Will Create a Reliable Framework.
IoT systems demand connected devices, and this requires a stable structure. IoT developers are trained to design and build such frameworks. They can study the problem, provide a decision, and successfully develop a framework with an efficient IoT design kit.
It makes sense that developer salaries are completely different from country to country. Therefore, it is quite useful to do some research and compare where it is cheapest to hire the right person. We’ll look at SW engineer salaries, as data on IoT developers cost are not available right now. It’s worth noting that IoT engineers sometimes require additional programming skills. So the amounts may not be 100% accurate but give a rough picture. According to PayScale, developers in the U.S. earn the highest salaries at $87,192, followed by developers in Germany at $83,943, developers in the U.K. earn an average of $70,045, and in the Netherlands at $66,974. And developers in Ukraine have quite low salaries – $30,000.
According to an Accenture survey, industrial IoT will contribute $14 trillion to the global economy by 2030. About 1,500 CEOs around the world took part in the survey.
The IoT revolution seems important for business development, and it can apply to any type of enterprise. Whether it’s growing oysters or creating a traffic control system, the most valuable thing about the IoT technology concept is that it is open to new challenges, and it has enough potential to implement almost any business idea.
We’re a Digital Team from EngineTemplate with 5 content experts. Our team has 5 years exp in open source Joomla and WordPress, we make daily blogs and build useful resources for everyone who is having issues with open source while using it.
Interesting with this topic? You can read related articles:
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
Save 99% money with single purchase!GetAll-In-One DEV package: Access all paid products! Unlimited Downloads with more than 300+ PRO itemsSign Up Now!
Black Friday & Cyber Monday Sale!Get50% OFFfor your purchase on today! Coupon code: BFCM50Redeem Now
