Inventory barcode labels are a harbinger of things to come – the Internet of Things, specifically. The Internet of Things, or IoT, as it’s often called, describes a forthcoming reality in which many of the items you use every day at home and at work are tagged with barcodes. Those items can speak to each other and to others. There’s really no doubt as to whether the IoT will eventually become part of our daily lives. In fact, Dell Technologies recently announced that it’s investing $1 billion in IoT technologies over the next three years. Inventory barcode labels will be front and center in nearly every one of our daily tasks.
Forbes magazine contributor Jacob Morgan describes IoT like this in a 2014 article (“A Simple Explanation of ‘The Internet of Things’):
“Simply put, this is the concept of basically connecting any device with an on and off switch to the Internet (and/or to each other). The IoT is a giant network of connected ‘things’ (which also includes people). The relationship will be between people-people, people-things, and things-things. The new rule for the future is going to be, ‘Anything that can be connected, will be connected.’” He mentions a statistic provided by research/analysis firm Gartner, which predicts that by 2020, more than 26 billion devices will be connected to this growing IoT.
Why do we need everything to be connected, though? Namely, convenience and better efficiency. But the potential is absolutely mind-boggling. Imagine, for example, that your car can adjust itself to run in the most efficient manner possible, thereby saving you maintenance costs, or that it can adjust the air conditioner to optimal levels based on your passengers’ specific characteristics. Or perhaps a farm is able to gauge the best conditions for growth and adjust water levels accordingly. Cities might be able to make adjustments to help ease traffic or pollution. Health care institutions could provide tailor-made preventive solutions for patients. And those examples barely scratch the surface.
Although the Internet of Things is really still in its infancy, Asset Panda built its asset and inventory tracking and management platform with an eye on the future, creating a powerful, yet flexible enough platform capable of incorporating new technologies as they become available. Asset Panda’s free iOS and Android apps sync with the cloud and include a barcode scanner, so there’s no need for any additional hardware software or expensive software licenses. All you need to track and manage the complete lifecycle of your assets and inventory is the smartphone or tablet you already carry. BuyAssetTags.com, Asset Panda’s online inventory barcode labels store, makes it easy to order the durable, reliable labels and tags you need. Upload new items to the app easily, then add supporting documents, videos, voice notes, and photos, if you wish. From there, it’s up to you how you organize and display your data. Features are completely customizable, and every Asset Panda client receives full access to our entire features offer. You can add as many users as you’d like at no additional charge, which helps you bring everyone into the conversation for maximum accountability and success.
The time to prepare your company for the future is now. To learn more about how Asset Panda can help position your company for the Internet of Things while saving you time and money, go to assetpanda.com