The internet has evolved rapidly, from people communicating through existing phone lines to machines that speak to one another over lightning-fast wireless connections. This technology, known as the Internet of Things (or IoT) is revolutionizing how businesses work in almost every industry, allowing offices to streamline their operations and offer customers services that seemed like science fiction just a few years ago. Understanding the IoT will prepare you for the economy of the future.

What Business Owners Should Know About the IoT

1. It’s Already Ubiquitous

By some estimates, there are already 25 billion connected devices in the world, and the number is expected to triple by 2025. Machine-to-machine (M2M) technology is changing the way everything from digital signage to point-of-sale systems and ATMs operates.

2. Anyone Can Benefit

Many businesses assume that IoT technologies are only for enterprise firms with complex data needs. In fact, small businesses can also benefit from interconnected things communicating with each other. If you have digital signage, ATMs, or customer-facing kiosks, M2M devices can improve efficiency and the user experience.

3. The IoT Uses 4G LTE Networks

Unlike Bluetooth devices and systems that work over Wi-Fi connections, most IoT devices depend on 4G LTE networks. The strength and reliability of this technology make IoT devices dependable for many applications. 

4. It Can Prevent Downtime

For retail establishments who rely on digital PoS systems, a system outage can cost thousands of dollars. 4G-connected M2M devices are more reliable and can be used as a primary connection or a backup source if the primary system goes down.

5. M2M Devices Can Cut Costs

Because they have the capacity to track every aspect of your production or distribution line, IoT devices can provide highly detailed information about your process. With this data, you can identify inefficiencies and waste that might go unnoticed by human eyes.

MACH Networks in Carlsbad, CA, provides cutting-edge information and technology solutions to companies across the country. Their team handles every aspect of the project, from ordering and installing the equipment to day-to-day management of your system. Visit their website to learn more about their advanced IoT services and follow their Facebook for more tips and industry news. Call (866) 972-7677 to discuss your IoT needs today.