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CIO Review Europe | Friday, December 17, 2021

With cutting-edge solutions for the future, IoT is revolutionising the AR/VR market. Innovative IoT solutions produced in conjunction with AR/VR are bringing the digital and physical worlds together.

Fremont, CA: People are getting more interested in smart things since the Internet of Things (IoT) is actively paving the way for the introduction and proliferation of smart technologies, such as home helpers, increased security, and innovative ways to access information. While IoT has altered communications and collaboration, its current uses include accelerating data analytics and adding AI to optimise processes, eliminate bottlenecks, and boost productivity.

So, here are some exciting IoT trends to look out for in upcoming years. Read on to find out!

1. Boosting Virtual World

With cutting-edge solutions for the future, IoT is revolutionising the AR/VR market. Innovative IoT solutions produced in conjunction with AR/VR are bringing the digital and physical worlds together. These solutions are assisting tech startups, SMEs, and major enterprises in effortlessly integrating IoT data into AR/VR technology, reaping benefits such as new opportunities, lower expenses, and improved profitability. Organisations that combine these cutting-edge technologies can educate stakeholders about virtual prototypes of equipment and products in the future days. This aids in the development of numerous efficient tactics to boost productivity and drive organisational success.

2. Optimised and Transformed Business Models

Today, both small and large businesses have effectively used IoT to improve their business models. IoT enables the extraction of trustworthy information in real-time, is employed in data analytics to obtain actionable insights, and streamlines communication and collaboration, all of which fuel growth. IoT is also rapidly being used to automate numerous operations, which aids in the elimination of bottlenecks and the optimisation of processes. As IoT evolves, an increasing number of organisations are integrating IoT, AI, and associated technologies to revolutionise their business models and gain incredible advantages.

3. Excellent Workforce Management

The pandemic's onslaught drove many small and major enterprises to become remote. To facilitate remote work, they heavily invested in cutting-edge technology such as blockchain, AI, 5G, and automation tools. However, the inclusion of IoT alongside these technologies is assisting businesses in streamlining remote worker management and improving efficiency. Future uses of IoT technology include the use of beacons and sensors in customer service and employee safety protocols.

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