Sometimes the simplest applications can be the most significant

Through Internet connected sensors, your fridge can automatically order your groceries, your house can automatically adjust to your required heating levels, and your car can recognise back to back traffic on your usual route to work. But the Internet of Things isn’t all about smart cities and talking toasters – in fact, sometimes the simplest applications can be the most significant. Here are 10 ways that IoT technology is affecting enterprise for the better.

It doesn’t sound like the most exciting use of IoT, but if you’ve ever needed to print an important document, you’ll know exactly why Brother has set up an automatic ink delivery service. Using predictive software, Brother Refresh sends ink cartridges to users before they run out. Although offices rely heavily on email and web based sharing, physically printing information remains an important task. Ensuring ink never runs out is vital to the efficiency of any office environment.

Through the firm’s agricultural management solutions, farmers and contractors can measure soil saturation and apply this to irrigation decisions. The adoption of innovative technology within agriculture is known as ‘precision farming’ because it does exactly that, enabling farmers to take action based on precise metrics as well as track the results.

By closely monitoring what waste materials are collected, the company can increase the volume of reusable and recyclable items. The leading recycling management firm hopes that this data will help to meet regulatory demands and protect the environment.

IoT has disrupted the traditional insurance business model, replacing reaction with anticipation. Connected devices can gather data about policy costs, but also predict when an accident could happen. When this prediction is made, devices can warn owners through notifications or actions. The Nest Thermostat, for example, makes the lights in a house flash to alert customers of an emergency. This has encouraged a more customer centric approach to insurance that favours prevention over cure.

Through the development of smart labels, tags and codes, IoT is encompassing much more than just appliances. Through smart packaging, companies like EVRYTHNG have enabled smarter supply chains and established a medium for digital consumer interactions. By fitting packages with codes, labels or tags that can be read by an RFID reader or smartphone, businesses can gather information about the delivery process as well as the people they deliver to. This real time information can be used to improve delivery services, and customer-to-brand engagement.

As well as making sure that customers receive their deliveries, IoT can be applied to delivery vehicles themselves to check mileage, speed and engine health. Connected vans essentially act as a computer on wheels, coordinating operations. They have equipped their vans with sensors that gather data about location, engine revs, braking, and fuel consumption. This influences the routes that are chosen for future delivery journeys, saving time and fuel. That’s actually the biggest bottleneck in the current moment, data collection and strorage, but with blockchain projects like Dxchain, we will have solutions soon to accommodate these ecosystems.

Retail companies are using the Internet of Things to work out which customers are in store, and which products they are most likely to buy.

The aim is to recognise and respond to mechanical issues before they even happen, improving flight safety and drastically reducing the cost of repairs. Each plane is predicted to produce more than half a terabyte of data per flight – in other words, a lot. This information will also be instrumental in the development of fully autonomous planes.

IoT connected energy grids, also known as smart grids, analyse the behaviour of consumers and suppliers to improve the efficiency of electricity use. Failing to provide enough energy, or providing more than is needed, can be damaging to both a company’s image and revenues. Through predictive software, smart grids can harmonise supply and demand. Sensors track the entire plant, sending updates and alerts.

While most of the hype around IoT has focused on the creation of smart cities, the technology is already used in countless sectors today. The Internet of Things has brought connectivity and simplicity to businesses, reducing operational costs and encouraging smooth procedures. Often, these applications are far less exciting than connected homes, but are proving to be lucrative investments. As the number of IoT connected devices grows, so will the number of businesses taking advantage of their capabilities. The companies in this list, then, have a considerable head start.

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