Alongside RFID, we wanted to discuss further what other types of IoT there were based off some articles and information about how IoT works, and the current and projected market.

Asset tracking is just one part of RFID use cases, and other WIfi, Bluetooth, and cellular uses and other consumer products lying around our house, we dive deeper into how IoT can change how we interact with our items. Collecting data, to better learn how we prefer to use our items and data, and allow it to self learn via machine learning.

There’s so many cool ways that the IoT world can be affected with RFID because by tracking which Amazon item from a store in a warehouse to track it’s path all the way to the consumer from different Whole Foods stores will more easily allow analysts and business owners to know if they’re low on inventory, etc. We can ensure with the proper and widespead use of RFID that businesses can be more seamless, and allow for big data to be collected and seen in a way that can show operational strategies to improve processes of distribution chains.

We wanted to outline just how big the entire world of IoT is, and do so in an easy-to-digest way to learn about the numbers behind it to see how many applications can be made between different types of products, and how they can change the world in their own ways. Even Uber, Lyft, Bluetooth access systems connected to Wifi in Airbnb homes in these worldwide tech companies have found a way to utilize resources of people like cars and homes to be shared and accessed in ways never been seen before. This allows the quality of life to truly improve from just living at hotels in the past times, and just getting into one type of Taxi. This in a sense empowers people in the community because technology can enable us in many ways to be able to track where an Uber is going / coming from, and how much it will cost, and be able to show which homes are located in a convenient area with the right amenities before choosing to select that ride or stay.

We’re entering a new world of using things like key fobs to access buildings, instead of just metal keys like before. Gone are the days where we cannot track who accessed where because the RFID information encoded on a key fob can be somewhat traced to the tenant of the unit that lives in that building, and where that individual has accessed which amenity or accessed the main doors for example on a given night at a certain time. This allows for more general access into the building areas that are necessary to be able to enter for emergency purposes or on special occasions when a friend or family visits.

Learn more about how data collection, uses of a fridge, coffee pot, and see how we’ve simplified the understanding of IoT into 6 different categories, and the dollar value of the market currently, and projected numbers to be in the future!

What is the Internet of Things? (Infographic) – Minute Fob Copy