Internet of Things and Augmented/Virtual Reality
Robotics and IoT are two terms each covering a myriad of technologies and concepts. There is an added value of the crossover of both technology domains.
VR and IoT share a similar basic philosophy and purpose. Both are about the merging of the physical and digital realms, though they approach the task from opposite directions. Where virtual reality is about making the digital world seem real, largely through the use of head-mounted displays (HMD), the Internet of Things is about making real-world objects transferable to digital form.
The most obvious convergence between virtual reality and IoT is in the advancement of telepresence. Simply put, telepresence refers to technology that allows one to be virtually present at a distant location. IoT, AR, VR all have the same set of dependencies: Each requires relatively sophisticated devices, excellent network connectivity and robust cloud infrastructures. And none of it works as well as it should without interconnection among these systems, devices, applications and services.
When it comes to artificial intelligence (AI), virtual reality/augmented reality (VR/AR) and the IoT, recent advances in digital have helped bridge that gap between technology and its implementation more quickly than ever. And since these are intersecting technologies, advances in one have boosted the other.
The confluence of IoT with augmented and virtual reality is nothing less than a revolution. It aims at merging the physical and digital world, not in a way where we can just see things, but one where we can give digital objects physical characteristics
Deploying IoT and AR is one of the quickest ways that companies can boost the bottom line. IoT-AR solutions can help companies improve performance in three ways:
1. Reducing Costs: improve labor productivity, reduce material waste, shrink asset downtime, and optimize working capital
2. Boosting Revenue: increase the speed of operations, and, thereby, business output
3. Creating Strategic Value: higher brand equity, increased customer satisfaction, and mitigated risk.