Advantages and Disadvantages of IoT
This topic describes the advantages and disadvantages of IoT technologies. Let’s take a look over the major advantages and disadvantages of the Internet of Things.
Advantages of IoT
Internet of things facilitates the several advantages in day-to-day life in the business sector. Some of its benefits are given below:
♦ Technical Optimization: IoT technology helps a lot in improving technologies and making them better. Example, with IoT, a manufacturer is able to collect data from various car sensors. The manufacturer analyzes them to improve its design and make them more efficient.
♦ Improved Data Collection: Traditional data collection has its limitations and its design for passive use. IoT facilitates immediate action on data.
♦ Reduced Waste: IoT offers real-time information leading to effective decision making & management of resources. For example, if a manufacturer finds an issue in multiple car engines, he can track the manufacturing plan of those engines and solves this issue with the manufacturing belt.
♦ Improved Customer Engagement: IoT allows you to improve customer experience by detecting problems and improving the process.
Disadvantages of IoT
As the Internet of things facilitates a set of benefits, it also creates a significant set of problems. Some of the IoT disadvantages are given below:
♦ Security: IoT technology creates an ecosystem of connected devices. However, during this process, the system may offer little authentication control despite sufficient security measures.
♦ Privacy: The use of IoT, exposes a substantial amount of personal data, in extreme detail, without the user’s active participation. This creates lots of privacy issues.
♦ Flexibility: There is a huge concern regarding the flexibility of an IoT system. It is mainly regarding integrating with another system as there are many diverse systems involved in the process.
♦ Complexity: The design of the IoT system is also quite complicated. Moreover, it’s deployment and maintenance also not very easy.
♦ Compliance: IoT has its own set of rules and regulations. However, because of its complexity, the task of compliance is quite challenging.