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IoT in Healthcare: Benefits, Challenges and Applications

Amaira — Thu, 30 Sep 2021 10:21:01 +0000

There have been numerous technologies going around that have created a buzz in the healthcare industry. As we have technologies such as Artificial Intelligence, Machine Learning, and Augmented Reality. Hence, you see their applications in every sphere or sector, albeit some of those are just overhyped or mere gimmicks.

But the Internet of Things (IoT) is the most flourishing technology, and IoT in healthcare has bought in myriad applications that are more than just gimmicks and are quite useful in reality.

In addition, there is a huge demand for IoT developers apart from just the healthcare sector. Businesses across various industries, including healthcare, are pouring in investments in IoT app development. Let’s have a look at the progress of IoT in the healthcare industry.

Let’s look at some stats to see the progress of IoT in healthcare:

It has been estimated by Business Insider that by 2020, IoT devices in healthcare will be more than 161 million units.
According to a new report from MarketResearch.com, the healthcare Internet of Things market segment is poised to hit $117 billion by 2020.

The stats have said it all. For businesses based on healthcare and professionals working in the medical sector, the time is ripe to work on implementing IoT-based applications in healthcare. But before I tell you how to implement IoT in healthcare, let’s understand the current state of IoT in the industry.

What is the current state of IoT in HealthCare?

It is not tough to say that the healthcare industry is in huge despair. With the increase in population, healthcare services have been costlier than ever. Hence, basic healthcare has gone beyond the reach of people. It has created havoc on the lives of needful, who are in general need of aid healthcare. As a result, the situation is getting worse with each passing year.

Are IOT applications the magic wand to solve issues in the healthcare industry?

I guess Yes! To make healthcare easily accessible with the right diagnosis and treatment, there is a huge possibility of redundant costs as medical diagnosis forms a huge part of hospital bills. This can be taken care of with IoT in the picture. Hence, the right diagnosis done through interconnected IoT applications will also lessen the need for hospitalization.

Want to explore IoT App Development for your next project? Hire Expert IoT Developers Here!

What are the benefits of IoT in Healthcare?

The benefits of IoT in healthcare are:

1) Simultaneous Reporting and Monitoring:

Real-time monitoring via connected devices can save a million lives in the event of a medical emergency like heart failure, diabetes, asthma attacks, etc. With the real-time monitoring of the condition in place by means of a smart medical device connected to a smartphone app, connected devices can collect useful medical and health-related data.

The connected IoT device collects and transfers health data such as information about blood pressure, oxygen, and blood sugar levels, weight, and ECGs. The data is stored in the cloud and can be shared with an authorized person as per the sharing access authority.

In addition, The said person could be a physician, an insurance company, a participating health firm, or an external consultant, and it will allow them to look at the collected data regardless of their location and time!

Revolutionize healthcare with IoT.

Transform your business with cutting-edge IoT solutions

Also Read: Top 10 IoT Development Companies To Build Enterprise-Grade Software

2) End-to-End Connectivity and Affordability:

IoT can help in automating healthcare and patient healthcare workflow through healthcare mobility solutions. IoT in healthcare enables interoperability, machine-to-machine communication, information exchange, and data movement that makes the delivery of healthcare services extremely cost-effective.

Hence, this technology-driven setup can bring down costs by cutting down unnecessary visits and utilizing better quality resources. Thereby improving the process of allocation and resource planning.

3) Data Assortment and Analysis:

For healthcare professionals, managing a vast amount of data is not as easy as it sounds. Data collected in real-time through IoT-enabled mobile devices can be analyzed and segregated through mobility solutions powered by IoT.

This will reduce the collection of raw data and can drive vital healthcare analytics and data-driven insights, which ultimately reduce errors and speed up decision-making.

4) Tracking and Alerts:

Real-time tracking and alerts in life-threatening situations can turn into a savior to safeguard a critical patient’s health with constant notifications and real-time alerts for proper monitoring, analysis, and diagnosis. Healthcare mobility solutions powered by IoT enable real-time tracking, alerting, and monitoring.

This permits hands-on treatments, better accuracy, and apt intervention by doctors hence improving the complete patient care delivery results.

5) Remote Medical Assistance:

It is a terrible situation for a patient looking for medical assistance, yet being unable to connect to a doctor due to hindrances such as location and lack of knowledge. The problem has got its fixture in the IoT-enabled mobility solutions that can help patients with proper medical assistance on the go.

Patients can take medical prescriptions right at home through healthcare delivery chains connected to patients through IoT devices.

There are two sides to this coin. IoT applications in healthcare have also met several challenges on the way

Transform your healthcare organization with IoT technology.

Transform your business with cutting-edge IoT solutions

What are the challenges of IoT in healthcare?

1) Data Security and Privacy:

One of the most significant challenges faced by IoT is Data Security and Privacy. IoT-enabled mobile devices capture data in real-time, but most of them lack adherence to data protocols and standards.

There is significant ambiguity regarding data ownership and regulation. Hence, the data stored within IoT-enabled devices are prone to data thefts and it makes the data more susceptible to cybercriminals that can hack into the system to compromise personal health information.

Some examples of misuse of IoT device data are fraudulent health claims and the creation of fake IDs for buying and selling drugs.

Also Read: IoT vs AI: The Difference Between Internet of Things (IoT) and Artificial Intelligence (AI)

2) Integration: Multiple Devices & Protocols:

The integration of multiple types of devices causes hindrance in the implementation of IoT in the healthcare sector. The reason behind this hindrance is that device manufacturers haven’t reached a consensus regarding communication protocol and standards.

This results in a scenario where every manufacturer creates its own separate ecosystem of IoT devices that do not work with the devices and applications of competing manufacturers. In such a situation, there is no synchronous protocol that could be followed for data aggregation. This non-uniformity slows down the process and reduces the scope of scalability of IoT in healthcare.

3) Data Overload and Accuracy:

Due to the non-uniformity of data and communication protocols, it is difficult to aggregate data for vital insights and analysis. IoT collects data in bulk and for proper data analysis, the data need to be segregated in chunks without overloading with precise accuracy for better results. Moreover, the overloading of data might affect the decision-making process in the hospitality sector in the longer run.

4) Cost:

You might not be surprised to see this point here. Costs are one of the greater challenges when planning to consider IoT app development for healthcare mobility solutions. However, the costs are completely worth it if the IoT implementation is one that solves a genuine problem.

While you will spend a significant amount of money and resources in developing an IoT application, the returns will be equally huge when your business saves time and manpower, all while improving the business processes, generating more revenue streams, and creating more business opportunities through IoT.

What are the applications of IoT in Healthcare?

IoT applications in healthcare are meant not just for the healthcare institutions, but for the patients too! In a nutshell, IoT in healthcare does the following:

Reducing emergency room wait time
Tracking patients, staff, and inventory
Enhancing drug management
Ensuring the availability of critical hardware

Now, these benefits cannot be realized without the various types of IoT devices leveraged in the healthcare sector, some of the popular types of IoT devices are as follows:

1) Hearables:

Hearables are touted as the new age hearing aid for people who have suffered hearing loss and have lost interaction with the real world. The way IoT-powered devices have transformed the world with hearing aid solutions is commendable.

Hearables are compatible with your smartphones, you can sync your Bluetooth with the device. It also allows you to filter, equalize and add layered features to real-world sounds.

One of the prominent examples of Hearables is Doppler Labs.

2) Ingestible Sensors:

A genuine modern science marvel, Ingestible Sensors are well, ingestible pill-sized sensors that get inside our bodies to monitor the medications and warn users/doctors in case of any irregularity. These sensors can be a boon for diabetic patients as it would help in curbing symptoms and provide an early warning for diseases.

One of the prominent examples is Proteus Health, which is used for better insights, analysis, and care.

Related Blog: Top 8 Healthcare Software Development Companies To Outsource Your Project

3) Moodables:

A mood-enhancing device that can help in enhancing your mood all throughout the day! It might sound fictitious but it is not far from reality.

Thync and Halo Neurosciences are already working on mood elevator sensors. “Mood-ables” are head-mounted wearables that send low-intensity current to the brain to elevate mood.

4) Computer Vision Technology:

Computer Vision Technology along with Artificial Intelligence has given rise to drone technology which aims to mimic visual perception to enable decision making based on it.

Drones like Skydio, use computer vision technology to detect obstacles and navigate around them. This technology has also greatly helped visually impaired people to navigate effectively.

5) Healthcare Charting:

IoT-powered devices reduce much of the manual work. For instance, a doctor has to use IoT devices during patient charting. Here, IoT sensors can measure all types of od data such as blood pressure, body temperature, etc., and chart it all into an app connected to measurement devices through IoT.

In addition, it makes the patient’s data readily accessible for review. Such an IoT application could save up to 15 hours/ week of a doctor’s manual charting.

How would you want to apply IoT in HEALTHCARE?

In Conclusion, we know that IoT has clearly changed the game of the healthcare industry. Healthcare is one of the most critical industrial sectors unaffected by every major technology except for the Internet of Things. In addition, IoT app development has changed the way facilities and services are delivered in the healthcare sector.

So, if you want to jump into this transition, hire IoT developers, set up a project, and take a step towards building the future of healthcare. Moreover, there are many leading IoT development companies that have been providing a pool of IoT development services but there are only a few who deliver as per client requirements and expectations.

We at ValueCoders, have experienced IoT developers working on multiple IoT-based healthcare software projects.

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Internet Of Things (IoT) Reshaping The Current & Future Market [Infographic]

angelina jasper — Fri, 11 Jun 2021 14:21:31 +0000

The Internet of Things (IoT) is impacting all industries, has a massive influence on the volume of data and on network traffic (and how we handle them), and is more preferred because it is helping businesses offer a great customer experience.

60% of organizations currently utilize IoT, and just 9% of them have no IoT implementations.

If you also want to make use of IoT for business enhancement and growth, then just get connected with the best IoT app development company in India to hire IoT developers.

Let’s move further and know how IoT is impacting the various industry verticals…

Seeing the above infographics, I can say that if you are running a startup or SME business, then integrating IoT technology can really help you in boosting growth and productivity as well.

Why Is IoT Considered As Innovative technology?

Among 1,414 public enterprise IoT projects, 22% of Manufacturing / Industrial, 15% of Transportation / Mobility, and 14% of Energy Industries recognized utilizing IoT projects.

Below stated pointers would help you know why IoT (Internet of things) is considered a revolutionary technology.

Connectivity

IoT devices can be united over Radio waves, Bluetooth, Wi-Fi, Li-Fi, etc. You can leverage different internet connectivity protocols to maximize effectiveness and build universal connectivity across IoT ecosystems and Industry.

Intelligence

The data is utilized to make significant business insights and drive vital business decisions. IoT devices connect with other devices and allow you to gather reliable data to make the right decision at the right time.

Safety

The IoT system provides security and firewalls to keep the data away from misuse and manipulations; this helps businesses secure data from suspicious activities. This is the reason why in upcoming years, IoT technology will have more value in the market.

Integration

IoT combines various cross-domain models to enhance user experience. It also guarantees a proper trade-off between infrastructure and operational expenses; this helps enterprises enhance user experience.

Wrapping Up

With the surging growth of the IoT market and its benefits, startups, SMEs, and large enterprises are focusing on adopting IoT. In addition, to reach the dynamic transformation in customer demands, IoT is playing a significant reason; this is why businesses prefer to connect with IoT development companies to build advanced IoT applications.

If you are also thinking of using IoT technology in your next project, just immediately hire IoT developers from the top-level IoT app development company (ValueCoders).

The post Internet Of Things (IoT) Reshaping The Current & Future Market [Infographic] appeared first on ValueCoders | Unlocking the Power of Technology: Discover the Latest Insights and Trends.

IoT vs AI: The Difference Between Internet of Things (IoT) and Artificial Intelligence (AI)

angelina jasper — Tue, 08 Jun 2021 11:33:10 +0000

If I talk about trending technologies, then both Artificial Intelligence (AI) vs Internet of Things (IoT) are currently at the top of the list. Whether it is IoT or AI, both are giving neck-to-neck competition; this is why nowadays businesses are inclined to embrace both technologies in software development.

83% of companies have enhanced their efficiency by introducing IoT technology.

Around 79% of executives consider adopting AI in the industry will make their work effective and more manageable.

Now the question is, what is the difference between AI and IoT. To know the same, read further…

What is the Internet of Things (IoT)?

The Internet of Things (IoT) is a system of interrelated, internet-connected objects that can accumulate and convey data over a wireless network without human interference.

Famous companies using IoT: Google, Amazon, Microsoft, and more

Image Source: Statista

Worldwide, the market for Internet of things (IoT) end-user solutions is anticipated to expand around $1.6 trillion in size by 2025.

IoT is a trend for mobile app development, but when it comes to integrating IoT technology in the business or app development process, then it is pretty complex, so to make this process easier, you can avail ofIoT software development services from trustworthy IoT app development company India.

Benefits of Internet of Things (IoT) in Businesses

Here I have mentioned the key benefits of using IoT in business. If your business has till now not adopted the IoT technology, then include it; this will help you make the business process easier.

Image Source: 360DigiTMG

Reduction of operating costs: IoT solutions can help enterprises cut costs and maintain a competing advantage. In the manufacturing sector, IoT devices monitor equipment and decrease downtime by predicting misalignment on the production line.

Understanding of consumer behavior: Understanding consumer choices and behavior can help businesses attain success, and with IoT grasping such important things are possible. Using IoT, businesses can gather, monitor, and examine data from social media, video surveillance, mobile, and internet usage.

Improved customer service and retention: Using IoT, businesses can collect user-specific data via smart devices and understand customers’ expectations and behavior. Doing so can help businesses improve customer service by facilitating follow-ups after sales, such as automatic tracking and customer retention.

Improved safety: Using IoT technology in various devices such as surveillance cameras, motion sensors, and other monitoring devices can help businesses form products offering high-level security.

Also Read: IoT in Healthcare: Benefits, Challenges, and Applications

Disadvantages of IoT

Well, all things can’t be wholly perfect same like that IoT is also having few drawbacks stated here:

Security Flaws: IoT technology gathers data from various sources, and this is why the technology lacks in offering high-level security.

Associated costs: Implementation of IoT infrastructure in a business intends to build a huge network including multiple smart devices, a massive power supply grid, and a communication network. Doing all this may require high costs.

Network dependence: The key feature of the Internet of Things is the enormous amount of interconnections between multiple devices and access to the worldwide network; these networks depend on each other means if one shows the error, then others working will also get affected.

These disadvantages can be converted into benefits, but you need to apply an extraordinary strategy for that. And only experts can do this thing in a better way, so, in order to leave these IoT cons behind, hire IoT developers working in the topmost IoT development companies.

What is Artificial Intelligence (AI)?

Artificial Intelligence(AI) relates to the simulation of human intelligence in machines designed to ponder like humans and imitate their actions. AI can be employed as any machine that displays traits correlated with a human mind, such as learning, understanding, and problem-resolving.

Worldwide, the Artificial Intelligence (AI) software market is projected to grow swiftly in the coming years, reaching around $126 billion by 2025.

Image Source: Statista

To make efficient use of AI in your business process, avail of Artificial Intelligence development services from the top Artificial Intelligence development company. Doing so will make adequate use of AI solutions.

Benefits of Artificial Intelligence in Businesses

Here I have mentioned a few factors which can help you know why AI is important for business and how it is helping various industry verticals in growing.

Image Source: Digital Silk

Real-Time Analytics: Using AI, businesses can process a massive amount of data and render it in real-time. It is one of the topmost advantages of AI for business. This approach enables enterprises to make vital decisions fast.

Better Customer Experience: AI-based chatbots are competent in rendering round-the-clock user request support at any time. Better communication quality and shorter reply times help businesses improve existing customers’ loyalty and drag new ones.

Data Security Improvement: AI can successfully be utilized to recognize fraud efforts and illegal access to personal data; this is why most finance and banking industries use AI technology.

Predictive Analytics: AI technologies can manage the enormous amount of arrays, recognizing patterns and foretelling the future. Most businesses are interested in predicting things so that they can minimize the imminent risk and other things; these all things can be simply done with the help of AI.

Read Also: Artificial Intelligence Vs. Machine Learning Vs. Deep Learning: New Ethics of Future Advancement

Disadvantages of AI

The pointers mentioned here are a few cons of Artificial Intelligence (AI). Well, you can lessen the effectiveness of AI cons, and for doing so, you can hire AI programmers from the foremost AI development company.

Higher Costs: Introducing AI in app development is a time taking process, and it may also cost an immense deal of money. Moreover, it is also a complex task to develop AI-integrated software programs.

No creativity: Well, with AI, you cannot do innovative things. AI is proficient in learning over time with pre-fed pieces of information and experiences, but it can’t act like a creative approach.

Make Humans Lazy: AI applications automate the bulk of slow and monotonous tasks. Since we do not have to remember things to resolve puzzles, and all this can make humans lazy.

AI vs IoT: Know The Difference Between AI and IoT

The aspects stated here will help you know the exact difference between AI and IoT. If, after reading the pointers, you are still confused about IoT and AI, then get connected with the experts working at the top-notch Artificial Intelligence development company (ValueCoders). Doing so will help you know which one will be best for your business, seeing the process and needs.

1. Cloud Computing

AI is a highly strong software that can think, perform and learn from human instances. Well, Artificial Intelligence (AI) and the Internet of Things (IoT) are both complementary in performance, but IoT Cloud gives a pathway to handle data.

2. Procuring obtainable data

Artificial Intelligence (AI) understands, learns, improves its performance from mistakes. Moreover, it also helps in making efficient decisions making where IoT captures consequences on sensors that gather and store data whenever required.

3. Data

Artificial Intelligence has the capability of understanding the pattern and behaviors where the Internet of Things (IoT) is all about sensors.

4. Algorithm

AI is totally based on deep learning algorithms, which are gathered from multiple sources to produce the behavior of the system. IoT is utilized for building an algorithm to express the system’s behavior.

5. Behavior

AI is all about spontaneous reactions to receiving the input. At the same time, IoT stores predefined responses that are triggered utilizing the devices and are predefined by applying particular codes based on various algorithms.

ValueCoders includes a dedicated development team that can help you make adequate use of various technologies like AI, IoT, Machine Learning, Blockchain. So, if you are finding reliable solutions related to these technologies, get in touch with us.

AI vs IoT: Table Showing The Difference Between AI and IoT

Aspects	Artificial Intelligence	Internet of Things
Capability	Never estimates the machine abilities	Knew the device abilities beforehand
Online /Offline	Related to online features & responses	IoT even can even work without the Internet
System	Is all system behavior	It is inbuilt in a system
Scalability	Less Scalable	Scalability based on cloud
Cost	Higher cost	Moderate cost
Interaction	Doesn’t require human interactions	Human Interaction required
Dependency	It is not dependent on IoT	It won’t work without AI.
Future Scope	A machine can learn and start acting like a human	Human Interaction required
Need of Instructions	It learns from experiences	Required to instruct devices
Applications	Chatbots, Natural language processing, Job Adverts, Machine vision, Speech recognition, etc	Smart City, Smart Wearables, Water Monitoring, Smart Home, and so on.

Watch out the video shown below before any conclusion:

Ending Word

Individually and collectively, IoT and AI will remain the best trends in the future. It is already known that massive data is really hard to gather and understand if produced in large amounts. However, using IoT, you can deal with this situation. Similarly, there are various tasks that are complex for businesses to perform. These tasks include efficient decision-making, predicting behavior, etc. But, with AI, such works become easy to perform.

Several differences and similarities are there in the functioning of both technologies, AI vs IoT. But both are very impactful if the potential of both technologies is correctly employed in the business process. In order to make adequate use of AI and IoT in business software development, hire AI developers in India or hire IoT developers working in one of the best AI development companies (ValueCoder)

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Future With IoT – A Look Into Complete Transformation Of 7 Industries (Infographic)

Amaira — Tue, 19 Jan 2021 13:50:57 +0000

The Internet of things has drawn huge attention in these years, and it has become a major technology to transform human interaction with the outer world via machines. Every business around the world is looking forward to leveraging this technology.

Surely, if you have heard of IoT technology, you must be tempted to know more about this technology. Whether you want to use it for your business or want to know the expected changes, IoT has a lot of things to offer.

Let’s learn how the future will be with IoT, and industries that will undergo a huge transformation.

The Future With IoT Technology

From the above representation, you would have understood that IoT technology in 2025 will change human/consumer interaction, and transform a number of business verticals. The uses of IoT in industries are appreciable and incredible. Best IoT companies assert that IoT adoption will be of significant benefit to organizations and consumers.

From smart home appliances to automated cars, parking, and hotel rooms with personalized equipment. Everything will take up industries and consumer experience to another level. While its usage in agriculture will make food cultivation 20% more efficient.

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You must be wondering how the internet of things will do this.

Actually, this technology is a close-knit of a number of technologies such as M2M, AI, wearable, machine learning, and computer vision. From cameras to sensors, every device will be used to collect data from the environment & surroundings.

IoT Related Blogs:

1) How To Build Profitable IoT Applications For Your Business

2) TOP 10 IOT APP DEVELOPMENT COMPANIES TO BUILD ENTERPRISE-GRADE SOFTWARE

After data is being collected AI/ML algorithms will work on data to acquire information from raw data and process response, the response will be transferred to the device, and it will take expected action. It seems a bit tricky but this will trigger the birth of a transformed human interaction with machines.

Final Text

The connected world through mobile and devices will grow around us, and industries will take advantage of the IoT connected world to gain competitive advantages. Moreover, to leverage this technology, you can connect with IoT app development companies.

The use of this technology across major industries will also give birth to automated organizational culture and processes, which will be beneficial for both employees and organizations.