IoT is digitally transforming some of the most archaic industries, the success of which have previously relied on manual processes and, frankly, a lot of tribal knowledge passed throughout the workforce over time. Manufacturing, agriculture and shipping are all examples of industries which have been around for hundreds, if not thousands, of years. They have all evolved over time as new technologies have emerged, and IoT is currently leading the biggest leap in this evolution.
Digital twins enable businesses to be proactive, identifying issues or malfunctions before they even arise, reducing downtime. The data gathered from sensors empowers businesses to have the parts or staff on hand before problems become problems. This data is especially powerful — companies can use the data collected to be predictive, adapting business processes to be smarter in the future.
Edge computing is evolving around the growth of IoT sensors to move much of the processing nearer to the sensors themselves to increase efficiency. Since IoT devices often exist in areas where connectivity is unreliable, edge computing decreases the amount of time it takes to store and process data from IoT devices; the data can be processed before traveling all the way to the cloud or data center.
Mesh networks are applicable in business in any situation where a series of connected devices is required in a distributed computing environment. Mesh enables the Internet of Things (IoT) by allowing a large number of objects to work in a single network and function at the same level regardless of physical location.