IoT or the Internet of Things is the new way you can connect devices and make them communicate between them. Many companies use IoT and develop smart devices in order to take their businesses to the next level.
In this article, you will discover why IoT is so important and how you can use it to help your business grow.
Continuous customer engagement
Building smart objects allow users to control their devices and appliances from wherever they are by simply using a network connection. Businesses can also monitor their products through the same connection and so offer proactive support to their users.
Let’s say one of your users needs to replace something or simply needs servicing. You will also receive a message and you know you need to provide assistance. These functionalities will soon be available for all IoT devices from light bulbs to cars.
Business process monitoring
Data means you can improve your products. IoT will provide accurate data in areas nobody monitored before. Using IoT, you can now retrieve data on office work and field operations.
Technology can now monitor human activity through sensors. A smart watch for example can provide great insights into human behavior and can help businesses understand which are the ways to improve productivity.
IoT revolutionized the shipping industry. Using smart vehicles and connected devices, supply chains and cargos are more visible and easy to handle now. Sensors on vehicles allow workers to detect any changes from temperature to light, and all these data can provide accurate comprehension on future delays and even theft.
This technology allows workers to be at the right place at the right time and intervene in case of an emergency. More, all the collected data can help the employees improve their strategies for future shipments.
Expanded Big Data
All devices wired with the IoT technology provide valuable data that can easily enhance analytics by developing new classes of discoveries. Many industries as food, fashion and shopping can now analyze data about motion, temperature, lamps, and resonances, all these being unavailable before.
Now, most IoT devices are designed having the smart part attached to the device rather than built into the device. Big companies already think about IoT as an irreplaceable component and not one that can be added.
They have in mind the way IoT technologies will help the device before even finishing the product, so they always start from an insight about specific data they intend to collect.
The Internet of Things technology is already a huge factor for businesses. Think about how your business can bring an impact using IoT and act. You can easily become a disruptive element in your ecosystem. If you want to learn more about how IoT can change your products, let’s talk about it!