Technology in today’s world is advancing at a breakneck speed. New technology advancements and improvements have made it feasible to create new synergies within an existing framework. Blockchain technology, which has astounded people all over the world with its efficiency, has made it feasible to fantasise about a decentralized unit. Similarly, the Internet of Things (IoT) has been rapidly gaining traction. Independent gadgets will be able to connect to the internet with the aid of IoT. This synchronisation will aid in the creation of intelligent gadgets capable of doing tasks without the need for human intervention. But what happens if IoT and Blockchain are combined? It sounds like something out of a science fiction novel. IoT and Blockchain, on the other hand, appear to be a natural fit. In this essay, we’ll look at how the Internet of Things will affect the future of Blockchain technology and why no one has yet succeeded in implementing IoT on the blockchain architecture.
IoT– A significant jump towards the future
IoT is based on the concept where wirelessly connected sensors are embedded in almost any commonly used devices such as refrigerators, auto-parts, washing machines and even dog collars. This means everything can be tracked, it’s inventory managed and can be made accessible through a continuous stream of signals. This constant flow of interacting devices will help the businesses to move away from the product-oriented theme to the service-oriented theme. But it also brings us to one important issue to address. According to estimates, there will be around 10 million inter-connected devices and objects in the next four years. This will create a huge amount of tracking to identify those things and also verify who owns them, authenticate their interaction with other things in the interloop.
As a prominent IoT solutions and services provider, Hire dedicated IoT app developers at AppClues Infotech for enhancing your business proficiency using hi-end IoT app development.
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At AppClues Infotech, we offer a complete range of Internet of Things app development services using the most advanced technology and proficiency of our team of veteran IoT app developers. Our expert IoT solutions help you to transform your devices into smart devices. Our range of services includes:
• IoT App Development
• IoT Implementation & Support
• IoT Gateway Development
• Hi-End IoT Solution with Rich Architecture
• Connectivity with Wearable Devices
• App Security Consulting
• Voice-Enabled Technology Solutions
• IoT Cloud Platform
• IoT Maintenance Services
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With more of us using smartphones, the popularity of mobile applications has exploded. In the digital era, the number of people looking for products and services online is growing rapidly. Smartphone owners look for mobile applications that give them quick access to companies’ products and services. As a result, mobile apps provide customers with a lot of benefits in just one device.
Likewise, companies use mobile apps to increase customer loyalty and improve their services. Mobile Developers are in high demand as companies use apps not only to create brand awareness but also to gather information. For that reason, mobile apps are used as tools to collect valuable data from customers to help companies improve their offer.
There are many types of mobile applications, each with its own advantages. For example, native apps perform better, while web apps don’t need to be customized for the platform or operating system (OS). Likewise, hybrid apps provide users with comfortable user experience. However, you may be wondering how long it takes to develop an app.
To give you an idea of how long the app development process takes, here’s a short guide.
_Average time spent: two to five weeks _
This is the initial stage and a crucial step in setting the project in the right direction. In this stage, you brainstorm ideas and select the best one. Apart from that, you’ll need to do some research to see if your idea is viable. Remember that coming up with an idea is easy; the hard part is to make it a reality.
All your ideas may seem viable, but you still have to run some tests to keep it as real as possible. For that reason, when Web Developers are building a web app, they analyze the available ideas to see which one is the best match for the targeted audience.
Targeting the right audience is crucial when you are developing an app. It saves time when shaping the app in the right direction as you have a clear set of objectives. Likewise, analyzing how the app affects the market is essential. During the research process, App Developers must gather information about potential competitors and threats. This helps the app owners develop strategies to tackle difficulties that come up after the launch.
The research process can take several weeks, but it determines how successful your app can be. For that reason, you must take your time to know all the weaknesses and strengths of the competitors, possible app strategies, and targeted audience.
The outcomes of this stage are app prototypes and the minimum feasible product.
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Whenever you hear about businesses investing in IoT, does it occur to you too why IoT has gained so much popularity?
IoT is indeed the talk of the town in today's digital world due to cost-effectiveness, excellent efficiency, better use of resources, and many more advantages.
In fact, going by the stats, the IoT technology solution has moved from the pilot stage. It is playing a vital role in digital transformation while driving business value. The continued growth of this industry will prove to be a digitizing force in all businesses.
I know these stats show remarkable growth of IoT, and you must be curious how IoT accelerates businesses.
Let me show you how IoT is transforming businesses or why it is advisable to use IoT to accelerate your business?
Here are 7 ways how the Internet of Things is transforming businesses:
IoT technology has come with several ways to reduce business expenses. The companies can further invest this revenue in developing the core values of the organization. This sets a perfect example of sustainable growth.
Here are some effective methods how IoT can help in cost-cutting:
The biggest challenge for manufacturing businesses is manual inventory management and tracking. This is because poor inventory management can lead to issues like order delays and wasted stock.
All these issues harm brand image directly. Fortunately, businesses now have the feasibility of opting IoT based inventory management. This is possible by either simply buying a ready-made IoT warehouse management software or hiring a software development company for a customized one.
IoT-based predictive maintenance technology is helpful in reducing costs for an enterprise. This intelligent technology sends you alerts about potential technical failures beforehand. This automatically lowers maintenance costs, thus saving you any loss in productivity.
Ever been into a fight over thermostat temperature in your office? Well, how about installing a smart thermostat?
Installing a smart thermostat in your organization's building is simple and one of the most effective ways to reduce cost and energy.
Offices that switched to smart thermostats saw efficient energy usage, thus lowering their company's carbon footprints.
Almost every business needs data collection and transmission assistance to work with, and the adoption of IoT has revolutionized data processing completely.
You may wonder how this will help businesses? By allowing greater access to user data, IoT apps are smart enough to track the patterns in which a user connects with the device.
With this self-learning from usage patterns, these IoT apps get more intelligent, offering a better user experience. Simultaneously, IoT products help organizations decrypt that data for business growth.
You can use that data to study consumer requirements, plan your release cycles, work on the scope of improvements, develop new inventions, and plan better ad campaigns for marketing.
For instance, wearable devices such as Fitbits or the smartwatches that we wear can communicate data through IoT-based sensors and offer accurate information about health and fitness goals.
Since IoT devices make better use of data and analytics, the company provides enhanced user experiences. This is one of the top ways how IoT is helping businesses.
Better insights allow businesses to provide a more personalized experience to every customer.
As business owners, we will also agree that consumer demands have evolved over the years. Shoppers now expect to experience a convenient online purchase without having to visit the physical store.
You can incorporate IoT in your online store to facilitate a better and enhanced user experience.
Since IoT helps businesses in ingesting, processing, visualizing, and responding to large volumes of data, organizations can ultimately come up with innovative strategies to meet customer needs.
By investing in internet-connected devices, businesses get a 360-degree view of their customer's preferences. This way, they create revenue-generating campaigns and focus better on their target audience.
In addition to this, the Internet of Things accelerates the segmentation of the customer base. This helps in generating personalized offers, thus resulting in an increased consumer satisfaction rate.
For example, Big Ass Fans have come up with innovative smart fans with light and temperature sensors. These fans outstand other ceiling fans in the market by adapting to the speed based on the user's comfort preference.
IoT technology is being highly used to boost the security of commercial buildings in multiple ways. For instance, wireless IoT-based CCTV systems can be installed anywhere on your company premises. This will provide a 24*7 live feed directly to your smart viewing device.
Development stats show that security cameras are up to 85% effective against criminals.
Another smart way to make your company office more secure is wireless alarms. It is affordable and can boost your business' security up to 7 times.
An additional benefit of installing the above-mentioned wireless smart security devices is that it has helped many businesses in lowering the cost of their liability insurances.
It is a good practice for all businesses to install smart security devices and monitor their business premises.
Real-time data collected from processes, and intelligent devices, through IoT-based sensors revolutionizes how companies do business. Ever since the possibility of real-time insights being made possible, the game has changed.
We can already witness innovation in core sectors, especially in the retail industry.
By receiving real-time data of buyers, retailers can manage the inventory or release product batches on the shelves accordingly. This will result in increased profits with efficient sales and top-notch inventory management.
The Internet of Things plays a significant role in interconnecting devices. These devices include smart cameras and other systems to work collaboratively and provide real-time data.
Working in this method, any organization can make intelligent decisions, ultimately acquiring business model innovations that help achieve further business goals.
If we take the example of real-time data-driven business, livestock monitoring deals with animal husbandry. With their IoT-based intelligent mobile applications, farmers can collect data on the welfare of their livestock. Knowing about an animal's health in time can help remove and prevent the spread of disease, which may result in a large number of sick cattle.
Above all, the biggest problem for businesses is that clients always demand fast deliveries. Nowadays, most logistics service providers and vendors have started applying IoT technology solutions to meet the quicker delivery crisis and reach the ultimate goal of customer satisfaction.
The trouble doesn't end here in processing, just with great speed. Businesses also need high-level efficiency and better productivity to be able to deliver faster.
Are you wondering how you can do that?
Well, with improved information and deep insights about markets and consumer demands, you can quickly increase the productivity of your business and meet the demand.
Also, with features like real-time feedback on operational efficiency, IoT helps in increasing the efficiency of businesses.
These innovations will help companies run at a lower cost and also help in consequently expanding the landscape intensively. This is because IoT insertion is inexpensive, and manufacturing becomes 10 times more feasible.
From eCommerce to agriculture, IoT has touched every industry. The growth of every significant business is now being supported by the Internet of Things and its innovations.
If you are also willing to invest in an IoT solution for your business, here's what you can do. The most brilliant move would be to get in touch with the top IoT app development company in India.
You won't deny, only an expert can come up with an expert solution. If you have any other queries or suggestions, feel free to comment below.
Till then, that's all, folks!
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It is predicted that around 50 % of the electronic product will be connected with the Internet in the next decade and the technology that fulfills this need is the Internet of Things (IoT). This kind of system is operated and maintained with the app that populates information and data related to the device.
Want to Develop an IoT App for your product?
WebClues Infotech with its highly skilled team of developers is the capable app development service provider for IoT mobile app development. The skills that require for developing an IoT app are the combination of Electronics and App Development and WebClues Infotech has the dedicated team for that.
Want to know further about How WebClues Infotech can help you with your IoT app development needs?
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