Internet of things, abbreviated as IoT has taken the field of innovational technology by storm. Many of us might already be reaping its benefits, although most of us oblivious to what it really is. In very simple terms, the Internet of things is the interconnection and communication of a myriad of physical devices through the internet. This includes appliances, your phone, your thermostat, your car, alarm clocks et cetera. Even commercial appliances like vending machines, smart meters, and commercial security systems can be part of the IoT.
The Future Of IoT
The 2nd Generation IoT is not only capable of transferring data from one device to another, but they are also able to perform specific functions after collecting the related information. Imagine if all the important appliances in your house connected to each other via the internet. So, as soon as your Alarm rings, you wake up. Then your alarm immediately sends a message to your shower and the faucet to switch it on. Your alarm clock further sends a message to your coffee maker and 20 minutes later you’ve got a fresh cup of Joe.
This is a very small example taking place only at a micro level. IoT doesn’t only have the power to aid us with household chores, however. It can make running a county or even a country much more manageable and efficient. There are many instances to prove this as well.
The government body of Glasgow has installed sensors in their city lights which can detect approaching cyclists and subsequently adjust the brightness levels for the convenience of the cyclists. Besides ensuring the road safety of the citizens of Glasgow, these sensors are also facilitating greater conservation of energy.
Another good example can be taken from Milton Keynes, a town in England. The council of this town has installed parking sensors that provide real-time information on the availability of parking spaces throughout the city. Citizens can access this data in real-time through an app on their smartphone when they are trying to find a parking space. This allows them to decide whether to take their car or not ahead of time. This way it also aids in decreasing traffic congestion.
IoT In Healthcare
This idea of IoT has few limits. With the increased concern over healthcare, IoT can greatly improve the efficiency of the market. Healthcare based applications using this technology are focusing on growing the reach of doctors. This has to do with their ability to treat patients with quick and personalized care.
This subset of IoT technology is known as the Internet of Medical Things, or IoMT. This includes things like data collection and collation. These have always been trouble points for the medical field. Nonetheless, having machines in charge of this, rather than actual people could prove to be a big step for better care.
Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) leverages healthcare technology to build a universal system. This brings easy access to care while also taking advantage of the holes presented in the healthcare system, worldwide.
THE PROBLEM: The Health Care System is Dated & Broken!
- Rising Costs: Governments and payors facing increasing costs that are simply unsustainable.
- Inefficient Use of Resources: 39% of Canadians who visited an ER indicated that they could have avoided the visit if they had better access to primary care.
- Doctor Supply: A shortage of primary care doctors and nurses, especially in remote and rural communities, leads to clinician burn out and patients frustrated by long wait times. Newly licensed doctors are avoiding primary care because of these dynamics, which increases the pressure on an already stressed system.
- Accessibility: Approximately 15% of Canadians aged 12 and older don’t have a primary care physician. Nearly two-thirds (59%) of seniors are unable to get a same-or next-day appointment. Almost 7 in 10 Canadians avoid seeing a doctor when they are sick.
THE PREMIER HEALTH SOLUTION:
- On Your Time: Patients can book appointments & be seen by general practitioners & specialists 24/7.
- Ease of Access: Patients, Doctors, Nurses & Pharmacists can review your medical chart in real-time, anytime.
- No Borders: Doctors can be anywhere in the world and still see their patients. Patients can visit any clinic and have their medical charts follow them.
- At Your Convenience: Prescriptions electronically submitted to the pharmacy of their choice or delivered free to them by a preferred pharmacy partner.
The public is beginning to take notice of Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI). The company has nearly 3,000,000 (three million) patients, an ecosystem of 290 clinics, and 4,600 licensed practitioners. Premier Health Group (OTC: PHGRF) / (CSE: PHGI) is Connecting the human skill-based expertise with proprietary Artificial Intelligence, Premier is positioning to be a leading force in this rapidly expanding digital health industry, right now. Click Here To Read More.
Such examples are a testament to the fact that the technology of IoT can change our cities and the way we live our lives. But the fate of this technology is in our hands. It’s our responsibility to ensure that IoT is used constructively.
Household appliances and healthcare are just two industries impacted by the use of IoT. As investors and consumers alike become more aware of this opportunity to streamline entire economies, companies within this arena will be a mainstay to watch for future expansion.