As pointed out in an article from Marcellino Gemelli for SensorsOnline, there is an unspoken “promise” stemming from the IoT revolution: a promise to make life simpler and to excite consumers through worldwide interconnectivity. As IoT continues to grow in terms of its corporate application and technological sophistication, the implications of this promise have lingered, spurring some to wonder if such a tall order can ever be truly fulfilled.
That said, microelectromechanical systems (MEMS) sensors have risen as the “backbone of the interface” between IoT users and their respective connected devices, and while this notion alone does not bring IoT’s promise to full fruition, it remains a key part of its overall functionality as it evolves.
A vital combination
Sensors are a longstanding presence in many industries and organizations, but the advent of the IoT has revolutionized how they are used on a daily basis. Today, sensors serve as both a launchpad and a landing point for data distributed between IoT-ready platforms. There exist a variety of sensor types functioning in this manner, including, but not limited to pressure sensors, proximity sensors, temperature sensors, and infrared sensors. Though these resources exist for different reasons, they mutually exist to improve effectiveness and functionality by way of shared information.
The potential uses and benefits of this technological intermingling are obviously broad, but they are incredibly far-reaching in terms of innovative new business strategies. Cox, for example, now plans to employ around 500,000 IoT sensors in an attempt to strengthen its parent company’s automobile auction business. The service, known as Cox2M, treats IoT as a “new line of revenue” as it strives to share and distribute information via the Cloud. Cox2M represents how IoT sensors have pushed businesses to think differently about revenue, audience engagement, and overall corporate functionality.
The aforementioned information in mind, IoT sensors are definitely faced with several obstacles in their continued implementation. These obstacles may include industry fragmentation and a series of challenges stemming from the technology itself — namely its growing complexity and an increasingly prominent focus on system expansion. In this sense, the technology’s growing sophistication, paired with an ever changing market, stands as potential disruption to its momentum.
Still, however, the immediate future looks very promising, so long as businesses bring a willingness to learn and adapt — sometimes at an unpredictable pace — and embrace this technology to prolong and inspire successful business paradigms.