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Let us now understand the benefits of IoT:
1. Automation and Efficiency: IoT automates tasks, improving productivity.
For example, IoT-enabled smart meters in Indian households help reduce
electricity wastage.
2. Better Decision-Making: IoT devices collect real-time data that helps in
informed decision-making. Smart healthcare devices monitor patient vitals,
aiding timely interventions.
3. Cost Savings: IoT minimises operational costs. In agriculture, IoT-powered
drip irrigation systems conserve water and reduce expenses.
4. Enhanced Safety: IoT enhances security through smart surveillance and
monitoring. For instance, Mumbai’s public safety systems use IoT to monitor
traffic and crime hotspots.
5. Convenience: IoT devices like Alexa or Google Assistant offer seamless user
experiences by integrating various daily tasks.
6. Greater Ability to Gather and Analyse Data: IoT devices continuously
collect large volumes of data from the physical world. This data is analysed to
detect patterns, predict problems, and optimise processes across sectors like
healthcare, transport, and industry.
Disadvantages of IoT
While the advantages of IoT are transforming industries and enhancing lives, it is important to consider
the challenges that come with it. Understanding the potential drawbacks is crucial to ensuring the safe and
effective deployment of IoT systems. The disadvantages of IoT are:
Cybersecurity Risks: IoT devices are subject to cyberattacks. Concerns about data privacy have been
raised in India's smart banking and healthcare industries.
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