The IoT Explained

The IoT Explained

IoT-tech-event-unified-world-blackburn

The Internet of Things (IoT) is transforming every industry. From smart thermostats helping utility companies offer better value to connected cars enabling manufacturers to offer new services, many businesses are already benefitting from IoT. However, we’re only beginning to understand its full potential.

Whatever sector you’re in, your business can benefit — in all kinds of ways. Connecting your products or the assets around your operations can help you generate new revenue streams. It can also build closer relationships with your customers, cut costs, improve safety, reduce downtime, improve sustainability, and make better decisions every minute of every day.

Businesses around the world are recognising the potential that IoT offers them. In fact, 85% of companies agreed IoT will be “critical” for the future success of any organisation in their sector.

What is the Internet of Things?

IoT technologies make it possible to connect assets of all kinds — everything from industrial machinery to heart monitors, streetlights to cars. These assets are equipped with sensors that monitor their environment, and with a network connection so they can communicate. Businesses can use IoT to gather data about what’s happening in their operations in real time, supporting decision making.

Retail

Retailers are using IoT to revolutionise the retail shopping experience.  In effect, this is by building in-store engagement, enhancing their marketing, monitoring footfall and maximising supply chain visibility.

Automotive and Transport

The connected vehicle is the most important automotive innovation in a generation. But we’re also seeing an overhaul of the entire automotive ecosystem that’s changing the way we think about transport.

Utilities

Retailers are using IoT to revolutionise the retail shopping experience.  In effect, this is by building in-store engagement, enhancing their marketing, monitoring footfall and maximising supply chain visibility.

Smart Buildings

IoT can help make the buildings into Smart Buildings in which we live and work more comfortable, efficient and secure.

Healthcare

IoT is transforming the healthcare sector. By connecting medical devices and sensors, IoT enables patients to receive more personalised care and live more independently. It’s also improving the effectiveness of clinical trials and ensuring cold chain integrity.

Agriculture

IoT is transforming the way farmers collect data on their crops, livestock and machinery — and it’s enabling them to make more informed decisions about the future. This is having a significant impact on agricultural efficiencies and yields. It’s giving farmers more control and visibility of their business.

Insurance

IoT is already transforming automotive insurance. And it’s set to expand to other industries — having a similar impact for home, contents and health insurance. In the future, insurers will be the single touchpoint to monitor and manage customers’ risk.

Industrial and Manufacturing

From the factory to the warehouse, IoT will cut downtime, improve safety and speed up your supply chain.

Leave a Reply

Your email address will not be published. Required fields are marked *