Although the concept was developed in 1999, it hasn’t gained much attention until early 2014. The idea behind the Internet of Things (IoT) is that objects would have network connectivity and could send and receive data. From your home appliances to your electrical and plumbing system, companies would be able to gather information about the use of these things. You could also use the connection to control them from anywhere in the world. As a homeowner, you should stay informed about the issue. Here are 4 ways that the IoT will impact you and your home:
Connectivity
Imagine being gone on vacation and being able to check in on your home. Not just through video surveillance, but you could make sure that appliances are turned off, electronics are off, and everything is working efficiently even without you there. The idea of connecting the various appliances that you have in your home isn’t a new idea. Many people use home cameras and other things through the cloud so you can access them anywhere, but the idea behind the IoT allows others to have access to the data from your appliances as well.
Privacy
Allowing the data from your appliances to be sent to companies opens up lots of questions concerning privacy and home security. Do you want the data shared with others? Are you sure that hackers won’t be able to access the information or your webcams through the cloud? With the many benefits that the IoT brings, homeowners need to assess their privacy and find out how this will impact them later on.
Save Money
Being able to control your electricity, water, and natural gas usage could really help you save money. You can check in on these things and turn them off as needed. This can help you save money on your bills and ensure that you don’t use more energy than necessary.
Better Products
As companies collect large amounts of data from consumers, they can use this information to alter their equipment and make sure that the products that homeowners are using are high quality. They can receive information in regards to problems with the products, defects, homeowner preferences, and other information that can tell them how you use the products and what you’d like to change about it.
In a recent study conducted, 61% of people interviewed believed that something like the Internet of Things is inevitable and will probably happen within the next 5 years. If you’re looking for a way to manage your home, consider using remodeling software. HomeZada’s software allows you to manage your finances, inventory, maintenance schedule, and remodeling through a secure online center. Contact us to find out more about how you can care for your home and other properties that you own or care for.
