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Connected products also are a smart play for manufacturers by enabling them to stay connected with their customers like never before. Smart products can deliver maintenance reminders, special offers, recall notices and other notifications at prescribed intervals.
The spirit of independence and success was highlighted Wednesday, September 16, as 28 suburban professionals were honored at the 16th Annual Entrepreneurial Excellence Awards sponsored by the Daily Herald Business Ledger.
Many manufacturers start testing the IoT waters by modifying their existing product designs to add networking technologies. Because these devices already exist, many early entrants into the IoT world fail to redesign the product to effectively allow for its newly added connectivity. Fortunately, there are a number of compact modules available for networking technologies that will fit in a manufacturer’s existing products.
Internet of Things technology is paving the way for innovators to explore new realms of connected products. Kevin McCarthy, the founder of McCarthy music, has spearheaded the creation of the Illuminating Piano a product that helps people learn to play the instrument.
There are a few considerations associated with connecting a product to the IoT. Devices already using a wall outlet will not have an issue, but manufacturers of products without wall plugs will have to think through how their power source will affect the design.
Gluttony- If you consume all of the latest IoT technology without thought of practical use-cases or common protocols, you have a gluttony problem.
Today’s consumers and business owners expect to access and control the world around them. How are your buyers going to interface with your product? Options range from using a smart home panel or gateway to an on-product display that can be paired with LEDs or push buttons. In addition, apps that monitor and control connected devices can be available for on-the-go consumers with smart phones.
One of the major promises that discussions of the Internet of Things (IoT) have put forward, is the advances to be made in consumer insight. The idea is that sensors and connected devices can send data on an open loop back to the manufacturer for analysis. This process would presumably secure many advances in a wide variety of things; not only would companies be able to understand their clients, but sensors may even be able to tell us more about the product in general. For example, pedometers on livestock have given scientists more knowledge about when cows are in heat, allowing for a 66% increase in insemination rates.
The IoT allows companies to add features to their product that were never possible before. These features have a wide range of benefits and functions including automatic software updates (over-the-air), smart home and office connectivity, reminders for maintenance, special offers, recall notices and upgrades, remote or local access and control. It is also important that designers work with their marketing team to be sure the features desired are not limited by the hardware and networking technologies selected.
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