croom new

Eclipse Integrated Systems Blog

How the Internet of Things Helps B2B and B2C Both

How the Internet of Things Helps B2B and B2C Both

The Internet of Things is nothing to shake a stick at - with well over 15 billion devices connecting to the Internet, it has become a force that cannot be ignored. This applies not only to the consumer devices that many associate the IoT with, but also the many IoT applications in the business world as well. Here, we’ll go into the IoT’s significance to businesses of all types.

A Brief Review of the IoT
Basically, the Internet of Things includes any device that boosts its typical functionality with the ability to connect to the Internet. One caveat: this device is not one that one would need to have this connection to properly perform its base function. Think about the smart fitness watches that can automatically push data to your phone, as well as receive call and text data, or assistant devices like the Amazon Echo, that use Alexa to help you control your home with a few spoken phrases.

Due to their basis in convenience and, let’s face it, the undeniable “cool” factor that many IoT devices provide, the adoption of IoT devices is growing fast. Projections place its economic value at anywhere between $4-to-$11 trillion by 2025, with an estimated 20.4 billion devices in play around the world by 2020.

Home Usage, by Businesses
Again, the IoT has largely been associated with personal use, largely due to its unfortunate relative insecurity and its lean toward more casual uses. However, while consumer end-users are certainly the target market for many IoT devices, statistics tell a slightly different story. For instance, Gartner reported that 63% of IoT devices used in 2017 were owned by consumers, but it was businesses that contributed 57% of the total spending on IoT technology.

This comes from the fact that many of the things that a consumer wants for their own convenience can translate to a business’ needs very smoothly. Many private consumers are turning to IoT-powered security cameras to monitor their homes, just as many businesses have also done.

There are also some devices that many consumers simply cannot purchase, due to the exceptionally high costs of these devices. Take smart devices meant for health and fitness, for example. IoT fitness equipment comes with a very hefty price tag, far too high for the average user, but not too high for subscription-based businesses, like gyms.

Barriers to the IoT
Of course, actually implementing the IoT like this can be harder than one might anticipate. For starters, it is important that there is a measurable need for a device like this before one is adopted. The IoT is generally best suited to businesses with high levels of repetitive work that would otherwise absorb invaluable man-hours from those available. There is also the need to consider if an investment into the IoT is going to generate the return that makes it worthwhile. If channeling those funds elsewhere improves your business more, the investment into the IoT devices in question becomes the incorrect choice to make at the time.

Finally, we have to address security. The IoT has long been notorious for lax security, leaving users more vulnerable than otherwise. If you want to adopt IoT devices to assist in your business’ processes, you need to make sure that your security is prepared for it as well.

Eclipse Integrated Systems can assist you in these matters. Reach out to us at 800-340-0505 for more information about our IT services.

Which Browser Do You Prefer?
Tip of the Week: Outlook’s Tools
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Tuesday, January 22 2019

Captcha Image

Mobile? Grab this Article!

Qr Code

Tag Cloud

Tip of the Week Security Technology Best Practices Privacy Business Computing Cloud Network Security Internet Google User Tips Hackers Malware Software Business Management Productivity Microsoft Tech Term Hosted Solutions Innovation Efficiency Computer Backup Windows 10 Browser Email Business Apps Cybersecurity Smartphones Productivity Managed IT Services Mobile Devices Internet of Things Smartphone Small Business Windows Data Backup Saving Money Data Recovery Hardware Communication Collaboration Holiday VoIP Android Virtualization Cybercrime Wireless Network Ransomware Passwords Disaster Recovery Mobile Device IT Support Workplace Tips Data Security Mobility communications Business Continuity Law Enforcement Microsoft Office Operating System Miscellaneous IT Services Cloud Computing IT Support Users Data BDR Server Quick Tips Money Update Gadgets Password Outsourced IT Phishing Wi-Fi Social Media Mobile Device Management Telephone Systems Windows 10 Office 365 Chrome Application Information Technology Vulnerability App Unsupported Software Risk Management Upgrade Best Practice Cost Management Facebook Google Drive Employer-Employee Relationship Government Social Health Two-factor Authentication Automation Shortcut Networking Information Streaming Media Alert Identity Theft Bandwidth Politics Computers User Error Managed IT Services Marketing Proactive IT Hacking Managed IT Blockchain Data Management Work/Life Balance Save Money Current Events Sports Patch Management Office tips Spam USB Managed Service Provider Artificial Intelligence Antivirus eWaste Legal Access Control Analytics Tech Support Office Medical IT WiFi Search Gmail Mobile Computing DDoS Mobile Security Storage Excel Cleaning Flexibility Samsung OneNote Transportation Devices Internet Exlporer BYOD Router The Internet of Things Managed Service Cortana Encryption Wireless Technology Business Intelligence Television History Training Connectivity Hosted Solution End of Support Battery Touchscreen Audit Compliance VPN Save Time Google Docs Private Cloud Company Culture Wireless Charging Fraud Telephony Humor Social Engineering HaaS Data Storage iPhone Managing Stress SaaS Commerce Remote Computing Meetings Computer Care Going Green Word Data Protection Automobile Applications Maintenance Personal Information Recovery Apple Remote Monitoring and Management Outlook Webinar Virus Voice over Internet Protocol Windows Ink Ciminal Avoiding Downtime Vendor Management Threat IT Management Licensing Device Security Printing Cast Sales Virtual Reality Chromecast Upgrades G Suite Wearables Entertainment Analysis Black Market Files Movies Eliminating Downtime Running Cable IT solutions Proactive SharePoint Google Maps Project Management PowerPoint Authentication Healthcare IT Solutions FAQ Distributed Denial of Service Travel Big Data Laptop Scam Nanotechnology Google Assistant GDPR Retail Education Consultant Bring Your Own Device Bluetooth Hiring/Firing iOS Identity Wireless Internet Sync Workers Windows 10s Websites Amazon Data Loss IT budget Scalability Authorization Charger PDF Worker Commute Robot Hybrid Cloud Fax Server Tablets Spyware Books Touchpad Employer Employee Relationship Root Cause Analysis Value Dark Web Conferencing Updates Experience Data storage Benefits Data Privacy Legislation Instant Messaging Trending Unified Communications Help Desk Lithium-ion battery Solid State Drive Data Theft Virtual Assistant Teamwork How To Settings Downloads WIndows Server 2008 Text Messaging Managed IT Service NFL Computer Accessories Augmented Reality Error HBO Gifts Point of Sale Administrator Electronic Medical Records Adobe Microsoft Word Phone System Smart Technology Computer Fan Hard Drive Comparison RAM Certification Hacker Hard Disk Drive Computing Plug-In Microsoft Excel Identities Trends Troubleshooting Wearable Technology Data Breach Emails Cables Edge Video Games Uninterrupted Power Supply Operating Sysytem Internet Explorer Microsoft Office 365 Credit Cards Advertising Access Safety Music WannaCry Chromebook Reporting Screen Mirroring Specifications Budget Unified Threat Management Microsoft Teams Security Cameras Keyboard App store File Sharing Language Reputation A.I. Profitability Evernote Emergency CrashOverride Monitors Worker Disaster Relocation Printers Twitter Regulation Cache Remote Monitoring

Sign up for our Newsletter!

  • Company Name *
  • First Name *
  • Last Name *

      Latest News

      Eclipse Integrated Systems launches new website!

      Eclipse Integrated Systems is proud to announce the launch of our new website at www.eisystems.com. The goal of the new website is to make it easier for our existing clients to submit and manage support requests, and provide more information about our services for prospective clients.

      Read more ...

      Account login