The Bureau of Things ( IoT ) can help the automotive industry make " effective predictions and implement great preventive measures " , according to the IoT Worm blog . sensors and communication devices sending granular data from animals , people and vehicles can help improve consumer involvement , while at the same time effectively calculate prices and environmental impacts in the agricultural , health and car insurance sectors .
The Internet of Things (IoT) can help the insurance industry make "effective predictions and develop great preventive measures", according to the IoT Worm blog. Sensors and communication devices sending granular data from animals, people and vehicles can help improve consumer involvement, while at the same time effectively calculate prices and reduce risks in the agricultural, health and car insurance sectors.