What impact will the Internet of Things bring to the global industry?

The PC in the 1980s kicked off the era of computerization. The Internet in the 1990s linked all the computers and later mobile devices in the world. In the past 30 years, the IT industry has had a mode transfer almost every 10 years. Every transfer has been made. The industry has brought about tremendous changes. The PC has changed the mode of operation of the enterprise. The rapid flow of information on the Internet has brought about the era of information explosion. What is the impact of the Internet of Things, which will be regarded as the third model, on the global industry?

What impact will the Internet of Things bring to the global industry?

NEST works with Irish Power to shift the value of hardware products to the data side. 9to5google

Unlike the past two changes, the Internet of Things has not only covered the IT industry. It is no exaggeration to say that the Internet of Things contains almost all human economic activities, such as urban construction, manufacturing, medical care, transportation, and retail. ...etc., through the construction of its system, it can improve the operational efficiency of the enterprise and even further reverse the business model. From the NEST thermostat business model acquired by Google in 2014, you can see the new changes brought about by the Internet of Things.

In the past, this type of thermostat was sold by the electronics company. The manufacturer earned the price difference between the hardware products. NEST cooperated with Ireland Ireland, the largest power company in Ireland. As long as the consumers signed a contract with the power company, the power company would arrive. The government is free to install, in which the power company earns? He can get the NEST user's electricity data for free, which means that the value of the NEST thermostat is not generated by the hardware product, but by the data terminal.

The NEST case is a brand new business model that has been quite red in the past few years – “the wool is on the dog and the pig is paying the bill.” This model flips the traditional production and sales model. For the manufacturer, the role of the hardware product is to capture User data, for the industry of this era, accurate and sufficient data is the core competitiveness of the company's operations, because through the analysis of these data, the company's future marketing, research and development, products and even financial and other operational strategies It will be accurate, but it is interesting that enterprises must rely on the hardware architecture to reach this stage, and this hardware architecture is the Internet of Things.

What impact will the Internet of Things bring to the global industry?

Housing.com further analyzes the data through algorithms to generate more value. Housing

For the IT industry, the technology used in the Internet of Things is not up-to-date, including the first layer of sensors, the communication layer communication standards, and the management's cloud computing. In recent years, there have been different types of IoT architectures. New products and new standards, such as smaller power-saving sensors, lower-power communication standards, higher computing power processors, but overall, if you use the old technology, you can build it and use it well. system. Neither new hardware technology, why the Internet of Things will bring such a huge impact to enterprises, and even further promote the digital transformation of global enterprises? The reason is the "data power" mentioned earlier.

In the overall operation of the Internet of Things, the underlying sensing network extracts device or environmental data, and then transmits it to the upper layer through appropriate communication technologies for storage, calculation, analysis, etc. The more accurate the underlying data is, the more accurate The huge, back-end computing is more accurate, so the first line of data acquisition has become the key to the success of the Internet of Things. The establishment and operation analysis of the sensing data of the Internet of Things allows enterprises to rediscover the importance of data. Therefore, the Big Data issue has started to fever in the past few years. In addition to making the company's strategy more precise, big data also extends. Other values.

In fact, companies have always attached importance to data, but in the Internet of Things and the digital age, companies must subvert the traditional perception of data. The function of data in the past is mainly to measure and manage the operation process of the enterprise. At most, it is used as a development forecast and assists in the formulation of relevant plans. The data is generated from the research and investigation of relevant units. This acquisition method and storage The cost is high and can only be optimized for business operations. However, in the IoT architecture, the acquisition of data is not difficult. How to use the data and extend more value is the enterprise challenge in the digital age. To meet this challenge, the premise is that the business owner must change the data. Traditional cognition is seen as a key strategic asset.

Change the past practice, transform the profit of the enterprise from the past product sales model to a new business model through data, and then complete the digital transformation of the enterprise. This is the biggest difference between the two modes of the Internet of Things and the past IT industry. The data accumulated by the IoT front-end sensing network and the information after the back-end analysis of the data are the best materials for managers to reposition the enterprise and adjust the products.

For example, the Indian startup company Housing provides data such as “urban residents migration flow map”, “price map and child growth environment friendliness degree heat map”, and “object supply and demand number statistics graph” through the analysis of big data. The chart data is also provided to the house, real estate holders and intermediaries. In addition, it also cooperates with 20 banks to provide online mortgage application. The key to the success of Housing is to change the search method of the old purchase/rental website. The algorithm analyzes the housing information on the market. When the data is further processed and processed, its value will be increased. Now the number of employees in the Housing has exceeded 2,000 (the technical team is 500), and the fundraising The total amount is more than $150 million.

Another case is the footwear retailer in Taiwan. This footwear seller is fully featured in the Internet of Things. There are two ways to do this: first, through the image data of in-store photography, analyze the purchase of shoppers. Behavior, and then find out the optimization of the dynamic line, for example, men's willingness to select shoes on the second floor store is lower, women are higher, so the store will set the men's shoes on the first floor, women's shoes on the second floor, and the other through The image also finds the hot-spot counters that consumers often stop to watch, and displays the best-selling or best-selling products at the hotspots to maximize the store's effectiveness; while the other is to stay at the store's consumer feet. Types of digital files, after which consumers can go to the store website, buy shoes online in their own size, and implement the O2O business model.

The above two cases all increase the value through the reprocessing of data, and then develop a more business model. For enterprises, the greatest value of the Internet of Things is to digitize the internal equipment, environment, personnel behavior and other data. Digital data is the foundation for enterprises to optimize their original operating procedures, define new business models, and promote digital transformation. This is why this trend of Internet of Things has been valued by all sectors and has invested huge resources. As far as the overall development situation is concerned, the Internet of Things has moved from the initial market advocacy period to the substantive construction period, and the introduction cases will gradually increase, and the digital transformation of enterprises will begin to accelerate.

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Taizhou Jiabo Instrument Technology Co., Ltd. , https://www.taizhoujiabo.com