Benefits

These are factors that influence the success of IoT. It would be ideal for companies to communicate these with customers.

Convenience: Can control connected devices when you are at home or on the go. This includes: adjusting thermostat, check home security, and turning lights on/off.

Save Energy: As time goes on, the devices can “learn” the behavior of their users. For example, a thermostat can adjust temperature on its own based on past user adjustments. If the user constantly lowered the temperature at 9 p.m. before bed, the thermostat will recognize this and make changes accordingly.

Connectedness: The devices can connect to each other, sharing necessary information and reducing the risk of human error upon manual data input.

Data Accessibility: Information is available whenever you need it, making decisions easier. For example, the smart refridgerator will tell you the temperature outside, then suggest a specific food you may have at that moment.