Did you realize that by 2025 the use of IoT technology is expected to increase by 20% every year, resulting in a market worth $20.2 billion?
The Internet of Things (IoT) is a network of interconnected gadgets that can communicate with one another and other systems over the Internet. This technology is quickly gaining traction among startups because of its advantages. There are some examples of how it can be helpful in today's competitive market:
Firstly
Real-time data provided by IoT technology can be used by startups to analyze and improve their operations. For instance, businesses can use sensors to maintain inventory levels and track their equipment's efficiency, allowing them to make data-driven decisions that will increase productivity and cut costs.
Secondly
IoT systems can be combined with other technologies to produce robust solutions to improve consumer satisfaction and open new revenue streams. Examples of these different technologies include cloud computing and artificial intelligence.
Thirdly
IoT technology is a desirable alternative for companies with limited resources because it is relatively simple to adopt and manage at existing facilities.
The Smart GreenHouse created by Tetalab Company is the ideal illustration of the use of IoT technology. The project's goal is to create an automated irrigation system that uses IoT technology to monitor and manage the water supply to plants constantly. The system gathers data on soil moisture, temperature, and humidity using sensors and wirelessly relays to a microcontroller. After processing the data, the microcontroller activates an actuator to adjust the water flow to the plants.
The system, created by our team of experts, can be managed remotely via a mobile application that offers real-time data on soil conditions and allows the user to change the irrigation schedule as necessary.
The greatest value of this app is that it helps to reduce the amount of water used for watering plants, reduces the amount of electricity used, and controls and improves plant growth.
In conclusion, IoT technology is quickly gaining popularity among entrepreneurs due to its various advantages that can help them compete successfully in today's market. IoT systems give companies a strong tool for developing cutting-edge solutions since they provide real-time data, integrate with other technologies, and are simple to implement and manage. Agriculture and landscape irrigation companies and even home gardeners are potential uses for Smart Irrigation System (or Name of Application). Overall, the project shows how IoT technology can be used to develop creative answers to pressing issues like sustainable agriculture and water conservation.
Are you interested in IoT and have an idea you want to bring to life? Tetalab experts will help you to implement it and bring your business to the next level