IEE Assignment
IEE Assignment
[Document subtitle]
BENEFITS:
DRAWBACKS:
Internet reliability: Because smart devices rely on the Internet and
electricity, you may find yourself at a loss during a power outage or
extreme weather event. Of course, backup supply options are available,
but they come at a cost many are not willing to pay at this point in time.
Privacy concerns: As we move toward increased adoption of IoT devices,
privacy and cybersecurity concerns weigh heavy on the minds of
homeowners, renters, and business owners. Hacking and security risks
are always present, and virtual crime is more difficult to address than
physical crimes. For widespread adoption to take place, all software,
smart devices, and networks must be secured against attack.
Even Bluetooth comes with its security vulnerabilities and is susceptible
to viruses, eavesdropping, and more.
Cost: Price is one concern when it comes to purchasing smart devices for
your home, depending on what devices you’re looking for and whether
or not professional installation is required. Fortunately, in the long run,
IoT devices tend to be fairly cost-effective, but when you’re getting
started, you may prefer to explore affordable smart home products, from
smart blinds to motion sensors; the former can reduce heat gain by as
much as 45%, while the latter can save you up to 30% on your monthly
utility bill.
CONCLUSION:
The Internet of Things has transformed traditional homes into
interconnected and intelligent living spaces. With IoT
technology, homeowners can enjoy enhanced automation,
control, convenience, and energy efficiency.
As IoT continues to advance, we can expect even more exciting
developments, such as AI integration and improved data
security.
And even though IoT solutions for smart homes continue to be
expensive and unaffordable for many, the increasing
prevalence of these solutions is gradually driving down their
costs.
It means that you still have time to prepare and launch an IoT
smart home solution that will appeal to a broad audience.