Home

About Us

IT Services

Understanding IT

News & Events

Blog

Support

Contact Us

Blog
  • Register

Texas Professional IT Services LLC 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.

Texas Professional IT Services LLC can assist you in these matters. Reach out to us at (832) 514-6260 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
Thursday, March 21, 2019
If you'd like to register, please fill in the username, password and name fields.

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Tip of the Week Security Best Practices Technology Business Computing Privacy Cloud Network Security Productivity Cybersecurity User Tips Microsoft Tech Term Google Smartphones Communications Communication Malware Email Efficiency Managed IT Services Business Hardware Outsourced IT Software Hackers Data Backup Internet Passwords Android Windows 10 Innovation Browser Ransomware IT Services VoIp Collaboration Mobile Device Business Management Data Backup Wi-Fi Small Business Mobile Devices Applications Microsoft Office Network Smartphone Holiday Data Recovery IT Support Internet of Things Managed IT Services Hosted Solutions Save Money Cloud Computing Users Social Media Access Control Miscellaneous Business Intelligence Apps Wireless Workplace Tips Saving Money Twitter Patch Management Password Word Blockchain Networking Business Continuity Information Automation Computer VoIP Data Management Chrome Marketing Phishing Data Breach Router Analytics Bandwidth Employer-Employee Relationship Office Government Excel Office 365 Settings Tech Terms Company Culture Mobile Device Management Tip of the week Battery Compliance Politics Virtualization Website Cortana Virus Windows Scam Remote Computing Alert IT Support Vulnerability G Suite Law Enforcement Cost Management Data Security Connectivity Data Protection Mobility Spam How To Computers Dark Web Remote Monitoring and Management Artificial Intelligence BYOD Facebook Gadgets Medical IT BDR Physical Security Cybercrime Retail Managed IT Service App Gmail Virtual Assistant Workers Managed Service Wireless Charging Paperless Office VPN iPhone WannaCry Voice over Internet Protocol Upgrade Paste Internet Explorer Tech Support User Tip GDPR Chrome OS Remote Monitoring Backup and Disaster Recovery Managing Stress Laptop Value Comparison instant Messaging Entertainment Safety A.I. Outlook Digital Operating System Plug-In Healthcare Hiring/Firing Spam Blocking Telecommute Sports Voice over IP Authentication Disaster Recovery HIPAA Certification Network Attached Storage Threat Storage Biometrics Multi-Factor Security Hard Drives Specifications Vulnerabilities Phone System Movies Remote Support Server Profitability Edge Sales Proactive IT Staffing Email Management Data loss News eCommerce Authorization Printer Server Hard Drive Server Management Printing Travel Telecommuting Error Access Shortcut SSD Eliminating Downtime Database Conferencing Reporting Cryptocurrency Dongle Unified Communications Bring Your Own Device Printers Recovery Environment Tablet Personal Information Information Technology Antivirus Streaming Media Telephone System Online Shopping File Sharing Processors Amazon Training Automobile Telephone Systems Paper Education Millennials Hybrid Cloud Wireless Internet Hosted Solution IT budget Tactics Content Filtering Gadget Google Drive RAM Lead Generation Smart Technology Managed IT Big Data e-waste Knowledge Analysis E-Commerce Staff Downloads Cleaning Troubleshooting Inventory User Security Spyware Security Cameras Machine Learning Ink Live Streaming Touchscreen Document Management Cables Help Desk Copy IT Management Maintenance Licensing SaaS Time Management Two-factor Authentication Technology Tips Microsoft Teams Apple disposal Files Payment Websites Trends Botnet Update Mobile Security Business Technology HP Wearables Google Maps Remote Control PowerPoint WhatsApp Telephony Microsoft Office 365 CrashOverride WiFi Thank You Regulation Congratulations Quick Tips Emergency Windows 7

Latest News & Events

Texas Professional IT Services LLC is proud to announce the launch of our new website at http://www.texproit.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 ser...

Contact Us

Learn more about what Texas Professional IT Services LLC can do for your business.

Call Us Today
Call us today
(832) 514-6260

1209 Decker Dr.
STE 202

Baytown, Texas 77520