X-Reality and Internet of Things
During his work in Procter & Gamble in 1999, Kevin Ashton coined the phrase the Internet of Things or IoT to refer to the network that connects physical objects with the internet using a set of sensors, software programs, and other technologies and devices to exchange data and connect several devices and platforms.
Ashton used this term to explain and improve his work in optimizing the supply chain by using a new technology called RFID, or Radio Frequency Identification, to help track objects and improve business operations. Today the internet of things is still a concept that carries a lot of potential and can be directly related to other revolutionary technologies in various industries and markets.
The VR/AR Internet of Things refers to how different objects are connected to create this extended reality for various applications and purposes. So what is the future of VR, AR, and IoT? How can we expect these technologies to develop in the future, and how can you use them to improve your status in the market?
Regardless of your industry, you need to push forward, or you’ll be falling behind. And with more than 10 billion devices connected to the internet, it only makes sense that more people and industries are trying to make use of this technology to improve business operations.
At WeAR Studio, the experts have the answers to all the questions that affect how you can use the internet to enhance the creation of extended reality for your business, so keep on reading to learn more about X-reality and the Internet of Things to boost your business operations.
Why is IoT So Important?
Despite existing for several decades, the concept of the Internet of Things is becoming more popular nowadays as more industries and sectors are relying on the expansion of data exchange. IoT provides several benefits to companies by collecting and processing big data and incorporating the latest communication technologies to deliver the processed data in real-time to the concerned parties.
- IoT creates practical and smooth access to low-cost, low-power sensors to collect the needed data. As more of these sensors are produced, more companies, regardless of the budget, can rely on IoT and use this technology to streamline business operations in various sectors.
- The Internet of Things improves the connectivity between sensors and receptors, devices and the cloud, and different departments, employees, and other interested parties to control data flow.
- Cloud computing is another benefit of the Internet of Things as it allows users to access the data infrastructure without managing or misinterpreting the enormous amounts of data.
- IoT improves machine learning and facilitates the collection and usage of data metrics. These metrics can be used to analyze the effect of business decisions and improve productivity.
- The Internet of Things will improve artificial intelligence hardware and software components and make them more affordable. As a result, these technologies are becoming more accessible to smaller companies and startups.
- IoT creates the opportunity for promoting smart manufacturing. This involves using the internet to design and improve products before actually devoting resources to production. As a result, it can be used to lower production costs and reduce the time needed for developing and improving products and services.
What are the Effect and Benefits of the Internet of Things on X-reality?
As the demand for Extended Reality increases, the internet plays a significant role in creating a bridge between the physical world and augmented and virtual realities. As a result, these technologies have a substantial impact on how business is done, how employees act and interact in the work environment, and the experience enjoyed by the customer or end-user.
X-reality, extended reality, or cross reality refers to the union of the physical world around us with the digital world created by the computer or a wearable device. This is done through virtual or augmented reality applications that either overlay created digital objects over the real world or incorporate them into our physical space.
These new interactive elements transform the physical reality into a new enhanced version that can be used for various purposes and in several industries. In short, X-reality refers to the human-machine interactions that are generated by computer devices and headsets or other wearables with the help of an internet connection to transfer digital data.
Although X-reality applications were mainly exclusive to gamers in the past, they’re now used in several industries as they add further depth to whatever process or operation they’re being used for.
For example, VR applications are currently used for marketing purposes by engaging stakeholders in an immersive experience that engages all the senses and delivers a satisfactory result, compared to other traditional marketing techniques. Virtual reality marketing is more successful and has a bigger impact on the company’s sales.
Likewise, AR applications are used for training employees and other educational purposes as they help people understand and manipulate objects in a created reality, which is more cost and time-efficient than dealing with them in the real world. People can better learn about the company’s business operations and improve them to produce better products and services.
The Internet of Things development has managed to bridge the gap between what scientists aspire for and what is possible by creating the needed objects and techniques to create and use X-reality. Moreover, these intersecting technologies are simultaneously evolving to create a new and enhanced digital universe that is likely to change the nature of every industry.
What is the Relationship Between IoT and X-Reality Applications?
The IoT had actually started to take off in 2010 when Google started introducing 360-degree photos and storing tons of data. Machine-to-machine communication improved and helped create new versions of X-reality that can be easily used for various applications. Here is how these technologies have advanced.
- As more people are connected to the internet, the global high-speed internet connectivity is making virtual and augmented reality more responsive and practical to use. Currently, almost half of the world is connected to the internet and has a bigger chance of using X-reality applications for various purposes.
- There are vast amounts of data collected and recorded by different companies, but most of them are unable to make use of this data. This results in data lakes that slow down business operations and affect the company’s productivity. Moreover, companies are unable to generate data-based insights that can help identify the potential of a new product or the impact of new technology.
- The compute-on-demand capabilities of the improved internet connections will allow more applications to come to life. A lot of X-reality products are made available, thanks to the fast and seamless computing of data on the cloud platform, which stores and retrieves data on demand.
- IoT created a reliable infrastructure that made X-reality more accessible and affordable. In the past, VR and AR were only available to the biggest companies in some specific industries, but the widespread fast internet connections made these applications more available for startups and individual developers, where the limited budget has always created a constraint.
- IoT and X-reality create engaging experiences that people can use to set trends in the industry. In addition, both innovative technologies can be used to test products and assess their potential to help the company invest in the right direction by optimizing the allocation of resources.
- Combined with both VR and AR, the Internet of Things has helped visualize data, which can improve different business decisions and enhance their results. In addition, people are more able to understand data that they can see or manipulate in VR or AR applications, so they can come up with the best ways to use it.
- With VR, IoT can create an immersive experience that introduces a new technology or shows the effect of a new product or service. VR can also use IoT to explain the progress of business operations, prototype design, and development and explain past and future situations to stakeholders.
- IoT works in a different way with AR as it overlays digital data over the physical world. As a result, the created AR world can help employees make the right decisions at the right time. For example, these applications are widely used for maintenance and repair operations when employees are working remotely, or the working conditions are too dangerous or critical.
How Are Internet of Things Applications Used In X-reality?
Both the IoT and X-reality can be used for various purposes, from educating users, training employees, providing information about new products and services, designing and improving prototypes, repair and maintenance, marketing decisions, managing warehouse operations, and identifying potential for improvement.
All these applications are meant to increase productivity and decrease costs while providing users with a seamless experience. This is why lots of companies are already incorporating Internet of Things devices with their virtual and augmented reality applications to create a satisfying experience for the end-user. Here are some examples of how internet of things solutions and X-reality are used in today’s world.
Lampix has revolutionized the way of doing business in the food and beverage industry by creating an interface that allows users to make use of AR without glasses, headsets, or other wearables. The created AR application allows for self-ordering, streamlining the interaction between the customer and the restaurant and allowing employees to do their job more efficiently. Moreover, it made AR more accessible and easier to use.
The concept depends on a new technology that incorporates hardware and software components that turn any surface into an interactive surface to display AR. All the data is processed and computed on the cloud for maximum security and cutting down costs.
Flowserve is a pioneer in the field of flow products and services and has recently combined mixed reality with the Internet of Things to create a safer work environment. The company is using real-time sensors to accurately detect any changes in the flow and react towards abnormalities before a problem happens.
The company’s new technology features a virtual image that allows users to pinpoint the leading cause of the problem and predict pump failure about five days in advance. The transfer of digital data will help the company share management analytics and improve business operations and increase safety at the workplace. Moreover, it saves the company’s resources and decreases maintenance and repair times.
Bosch is currently incorporating AR with its high-speed internet connection infrastructure to simplify assembly processes and increase productivity. The IoT will directly reduce the time needed for putting different components together and will minimize errors and the need to repair, thus increasing sales and streamlining business operations. With fewer defective products, the company is likely to experience a decrease in returns, which eventually increases the company’s market share.
The company created what they identify as their Common Augmented Reality Platform to overlay AR text, diagrams, videos, and AR animation over a piece of equipment. With the help of IoT, the visualization of data will help workers identify different components and put them together faster and with a diminished chance of errors or mistakes.
Get Into the World of IoT Today
By incorporating IoT and X-reality into your business operations, you’re bound to become a pioneer in your industry. These new technologies create the perfect environment for streamlined business operations to help you improve your productivity and increase your sales.
At WeAR Studio, we’re always following up with the latest trends in the market, and we can help you establish your status in a highly competitive market. With our customized solutions, you’ll be able to make the best use of IoT and use this technology to create the perfect VR or AR platform that serves your business.
Don’t fall behind and claim your position today by contacting us. Our experts will be more than happy to help you and answer all your questions.