3 Key Ways IoT Can Change Your Business

Recently, we’ve seen a huge surge of talk and excitement surrounding IoT (Internet of Things) technology. Despite all the anticipation, many people still don’t completely understand what it’s all about and what the uses of IoT could be.

In this post, we will explore what IoT is and we’ll give some examples of how IoT development could be applied to business for improved functionality.

 

What is IoT Technology?

IoT stands for Internet of Things. In short, it is just a network of physical devices.

IoT enables physical devices to connect and communicate with each other. An example of IoT would be your fridge, let’s say you accidentally left the door open and the temperature inside is rising. If the fridge is IoT enabled, a temperature sensor inside could detect the change and contact your phone via the internet to tell you that the door is open. This is a very simple example which just scratches the surface of IoT’s capabilities.

 

Could my Industry Benefit from IoT?

A simple answer is, yes, your industry could benefit from the implementation of the Internet of Things. IoT covers such a wide range of technology that it is almost guaranteed that in some way, your industry could, and probably will be improved by IoT.

 

So, How Can IoT be Applied to My Business?

There are a few key things that all businesses have and/or need. These things can become more efficient with the use of IoT. Of course, if we were to go industry specific, Internet of Things technology could have even more helpful use cases. For now, though, let’s just discuss a few ways that IoT will most likely be useful to your business:

 

  • Security – There are many ways in which IoT could be used to improve the security of your business. Let’s say you have an office, shop or stock room, etc. You obviously don’t want people to find their way inside once you’ve left the premises, this is where IoT can help. If you had an IoT enabled security system, sensors and/or cameras could detect when an intruder is trying to get in, then you could have the camera feed appear automatically on your phone or smart tv. This would make you instantly aware of the intruder, allowing you to call the police and have the issue dealt with before things get out of hand.

 

  • Financial Management – If you’re running a shop, restaurant, café or something along those lines. You could befit from a smart till system, especially if you’re off-site often. This system could keep track of money going in and out of your tills, as well as tracking card payments. This would be a very useful Internet of Things system to have in place, as you could be notified on the spot if any suspicious activity were to occur. Or you could just use it to remotely manage and monitor your business’ financials.

 

  • Improved Data Systems – IoT can drastically improve the efficiency and accuracy of your business’ big data systems. By having all your business devices transferring data into your systems you can have a more accurate and instant input into your systems. This improved efficiency and accuracy means that you can monitor more closely what is helping your business and what is holding it back. You can adjust based on this data and improve your overall business functionality on a constant basis to suit the current climate at that time.

 

So When Should I Implement the Internet of Things?

It is predicted that by 2020, 30 Billion objects will be connected to the Internet of Things, so we suggest that you consider implementing IoT as soon as possible, this should give you the edge over your competitors.

 

Contact Appoly for IoT (Internet of Things) Development Services

If you want IoT development for your business, or you’d like to discuss a potential IoT project and see if it’s the right option for you. Get in touch with Appoly and we’ll be happy to go through your project with you and discuss how we can help get your project off the ground.

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What is GDPR and How Will It Affect Your Business? – GDPR Simplified

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What is General Data Protection Regulation?

If you’re a business owner, you’re likely to have heard a lot of talk recently regarding GDPR (General Data Protection Regulation), there has been a lot of speculation and confusion out there surrounding what GDPR is and what it will mean for business owners.

GDPR stands for General Data Protection Regulation. It is a new set of rules being put in place on May 25th 2018 by the European Union (EU) and as such, all EU countries will have to follow these regulations by the enforcement date. For EU businesses this is very important as these guidelines are being put in place to regulate what businesses/companies can do with public data and how they are allowed to collect it.

In this article, we will explore exactly what regulations will be put into place with the implementation of GDPR, what they mean for you, what the repercussions of breaching regulations will be and how you can ensure that your business is compliant.

What Types of Data Does the GDPR Act Regulate?

GDPR regulates how you collect and use two types of data:

  • Personal Data – Any information relating to an identified or identifiable natural person (‘data subject’); an identifiable natural person is one who can be identified, directly or indirectly, in particular by reference to an identifier such as a name, an identification number, location data, an online identifier or to one or more factors specific to the physical, physiological, genetic, mental, economic, cultural or social identity of that natural person. *
  • Sensitive Personal Data – Data consisting of racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, genetic data, biometric data, data concerning health or data concerning a natural person’s sex life or sexual orientation. *

(*Legal Definition)

Which New General Data Protection Regulations Affect My Business? – A GDPR Checklist

There are a few main ways in which the General Data Protection Regulation act differs from the Data Protection Act. If you are already compliant with current data protection laws, these are the new things that you’ll need to consider:

  • Consent – You must always have clear consent from an individual in order to use their personally identifiable information (PII). This consent must be positive and unambiguous. You must not allow somebody the opportunity to accidentally opt-in by using leading tactics such as pre-ticked opt-in boxes and other similar methods.
  • Data Protection Officers – For many companies, it will become mandatory that you have a data protection officer in place. This applies to you if you have 250+ staff members, if you are a public authority, if you deal with sensitive data or your main focus is data.
  • Individual Rights – The new GDPR regulations have a strong focus on strengthening the rights of individuals, individuals must now be made aware of a breach of their data within 72 hours of the breach occurring. They must also be given the right to have their data deleted, ported or to have the usage of it restricted. You should also ensure that you’re only collecting personal data when it is necessary for the benefit of the individual or in order to fulfil a contract between you and the individual.
  • Fining – The maximum fine for a breach is now either €20 million or 4% of your annual turnover, depending on which figure is largest.
  • Documentation – It is now going to be vital that you keep evidence of all your data protection systems and activities. You must be able to provide proof via documentation that you have taken the necessary steps to assess data breach risks and prevent a breach from occurring. You will also need to have evidence showing what you’re doing with personal data, how you’re handling it and that you have clear consent to hold and use all personal information within your systems.
  • Liability – GDPR rules state that all parties involved with handling, transferring and/or using an individual’s data are responsible to take liability for that data. This means that if you are receiving an individual’s data from a third-party, you must ensure that they properly received consent for that data and handled it correctly.

Will GDPR Still Apply to the UK After Brexit?

Simply put, yes, the new data protection regulations put in place by the EU will still apply to those in the UK after leaving the European Union unless the UK government decide to opt-out of or alter any of the existing GDPR regulations.

Conclusion

As stated above, GDPR regulations are similar to the Data Protection Act that is already in place, only with several new regulations to consider if you’re a business owner. If you already abide by the current data protection laws, you’ll only need to follow these new additional rules in order to ensure that you’re compliant with the General Data Protection Regulation act.

Disclaimer

At Appoly, we do not offer licensed or professional legal advice and as such, this article should be used for research purposes only. We do not take any responsibility for the operations of other individuals or businesses. If you are unsure of anything discussed in this article, please do your research and/or seek licensed legal advice.

You may also wish to review the regulations directly on the GDPR official website.

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