The time is not that far when you are out of home and your computers at home you have to know that your medicines have expired or that the milk is over or you need more pepper. This is not just a fantasy but soon to be a reality due to the amazing possibilities of the Internet of Things (IoT).
IoT is tagging our day-to-day objects
with machine-readable identification tags. Sensors may be a couple with these
tags to collect more information about the condition the everyday objects and
those present around them. The same applies to various companies wherein the
computers would keep track of the stock and resources and maintain them to
optimum levels, thus saving a lot of time and money.
Before we understand the impact IoT
can have on our way of living, it's important to go through its advantages and
disadvantages:
Advantages
Here are some advantages of IoT:
1. Data: The more the information,
the easier it is to make the right decision. Knowing what to get from the
grocery while you are out, without having to check on your own, not only saves
time but is convenient as well.
2. Tracking: The computers keep a
track both on the quality and the viability of things at home. Knowing the
expiration date of products before one consumes them improves safety and
quality of life. Also, you will never run out of anything when you need it at
the last moment.
3. Time: The amount of time saved in
monitoring and the number of trips done otherwise would be tremendous.
4. Money: The financial aspect is the
best advantage. This technology could replace humans who are in charge of
monitoring and maintaining supplies.
Disadvantages
Here are some disadvantages of IoT:
1. Compatibility: As of now, there is
no standard for tagging and monitoring with sensors. A uniform concept like the
USB or Bluetooth is required which should not be that difficult to do.
2. Complexity: There are several
opportunities for failure with complex systems. For example, both you and your
spouse may receive messages that the milk is over and both of you may end up
buying the same. That leaves you with double the quantity required. Or there is
a software bug causing the printer to order ink multiple times when it requires
a single cartridge.
3. Privacy/Security: Privacy is a big
issue with IoT. All the data must be encrypted so that data about your
financial status or how much milk you consume isn’t common knowledge at the
work place or with your friends.
4. Safety: There is a chance that the
software can be hacked and your personal information misused. The possibilities
are endless. Your prescription being changed or your account details being
hacked could put you at risk. Hence, all the safety risks become the consumer’s
responsibility.
Conclusion
Although
IoT has quite a few disadvantages, its advantages of saving the consumer time
and money can’t be ignored. So the time isn’t far when the Internet Of Things
will be commonly seen in both households and 
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