What is the importance of IoT solutions?

The IoT (Internet of Things) is a network of sensors that collect and send data to the cloud. This data is used to trigger automated devices and software to react. Whether it’s to make industrial machinery more efficient or to help you get a better night’s sleep, IoT has your back. But IoT technology is not enough on its own — the real value comes from IoT solutions. These are bundles that focus on specific problems and seamlessly tie together multiple technologies in a way that’s easy to value and cost effective for organisations.

Smart home technology is the most popular IoT application, with products such as the Amazon Echo and Nest thermostat allowing people to control their homes via voice. But the IoT has much more to offer, ranging from smartwatches that act as your phone holster or track your fitness progress to a sensor in your car that detects mechanical issues and uploads the information to a 24-hour customer service hotline.

IoT solutions can also be found in factories, with connected sensors enabling a machine to detect when it needs to be serviced. This improves the efficiency of production lines and reduces costs associated with unplanned downtime.

Similarly, IoT solutions are helping improve the safety of workers in manufacturing facilities. By monitoring the work environment, IoT solutions can identify potential hazards and alert workers to potential dangers before they cause injury. This allows for more accurate reporting of accidents, which reduces liability costs.

Manufacturers are also using IoT to improve their competitive position. By adopting cutting-edge IoT technology, they can differentiate themselves from competitors and attract customers.

IoT Solutions in the City

Cities can benefit from a variety of IoT solutions, from waste management to roadside traffic control. For example, by connecting sensors to garbage bins and to storage containers on trucks, waste management companies can be proactively notified when it is time for a collection run. This saves money on unnecessary collection trips and enables municipalities to achieve higher environmental standards.

In a city’s public spaces, IoT can be used to monitor air quality and water supply or detect changes in the structure of bridges, roads or railways. This helps to keep citizens safe and maintain a high standard of living.

How Does Ericsson Connect IoT?

Whether you’re creating IoT business solutions or deploying them to your own customers, we can provide the ultimate connectivity solution. We enable you to deliver the data that powers IoT, so your customers can get the most out of the technology and enjoy a more connected, energy-efficient, secure and convenient lifestyle.