What’s Next: 10 Potential Applications for IoT Technologies

What’s the next big thing you predict will join the IoT and why?

These answers are provided by Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs. YEC has also launched BusinessCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses.

1. Cities

Karl KangurMajor cities in the U.S., such as Boston, have already started planning for internet of things implementation. Everything ranging from street lights and parking meters, to sewage grates and sprinkler systems will be connected to the internet and interlinked. These will be huge breakthroughs in terms of saving energy and money. – Karl Kangur, MRR Media

2. Healthcare

Jessica GonzalezOur healthcare system is slow, inefficient, and sometimes prone to error, yet it relies on many things that could be effectively automated and improved with technology. Telemedicine will be big, and so will additional technology to support operations such as record keeping, sharing reports across multiple locations, and dispensing medications. – Jessica Gonzalez, InCharged

3. Smart Body Analyzers

Adrien SchmidtI could see these making a much bigger impact in 2018. Advances in devices that monitor oxygen levels, blood pressure, EKG, and temperature and are connected directly with all of your doctors could alter how we approach wellness check-ups moving forward. – Adrien Schmidt, OpenBouquet

4. Home Appliances

Colbey PfundI think the more people understand this, the more it will have an impact on their home life. From their heaters adapting to the external temperatures, to their lights reacting to them entering the room, to their alarm clocks syncing to traffic. The IoT is going to completely change how everyone lives at home. – Colbey Pfund, LFNT Distribution

5. Video Doorbells

Shawn SchulzeIn the age of getting almost anything delivered to your door in only two days, it gives consumers additional peace of mind knowing who is at the door before opening — even allowing you to speak to someone at your door remotely. Video evidence also goes a long way in helping police prosecute package thieves. Plus, they are much easier to install than home security cameras. – Shawn Schulze, Names.org

6. Data Centers

Justin BlanchardWe run several data centers in the U.S. and Canada. One of the most interesting IoT developments from our perspective will be the intersection of smart devices and augmented reality. Integrating IoT monitoring devices throughout the data center will allow operations and support teams to visualize the status of servers, network devices, and other infrastructure using augmented reality interfaces. – Justin Blanchard, ServerMania Inc.

7. Schools

Angela RuthI think schools will work on ways to create a more connected network between students, teachers and parents. This would change the learning experience and how homework and research is conducted away from the classroom. It may even make learning and school more interesting and engaging. – Angela Ruth, Calendar

8. Blockchain Technology

Jared AtchisonBlockchain adds a layer of security to digital transactions. As our smart home devices become more integrated into our daily lives, privacy becomes a concern, and especially who owns our data. Blockchain will allow IoT device owners to be in charge of their data. They could monetize and sell it in exchange for digital currency or choose to keep it private. – Jared Atchison, WPForms

9. Large Retailers

Zach BinderI think large retailers may use IoT to create large digital shopping malls that completely replace brick-and-mortar ones, where people can shop virtually and use augmented reality and their personal data from their own devices to enjoy a personalized experience.- Zach Binder, Bell + Ivy

10. Security

Zohar SteinbergWith growing adoption of IoT devices and ability to use them to buy things, IoT security has to be one of the next big things in order to provide consumers the peace of mind they need so as to share their health or payment information.- Zohar Steinberg, token payments

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Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most successful young entrepreneurs. YEC members represent nearly every industry, generate billions of dollars in revenue each year, and have created tens of thousands of jobs. Learn more at yec.co.

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