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The Data Scientist

Four Ways IoT is Transforming Businesses

IoT is a technology that is changing the way we live. And it’s not just about the internet of things, it’s also about how we can use IoT to make our lives better. The benefits of IoT are endless. From monitoring our health and fitness to controlling our homes and cars, there are many ways in which IoT has enhanced our lives.

IoT is revolutionizing various aspects of our lives, from enabling remote IoT monitoring solutions for health and fitness to enhancing home automation through devices like Amazon Echo and Google Home which allow you to control your heating or turn on your lights without having to get up from the sofa.

Businesses are adopting Internet of Things (IoT) technology to provide better customer experiences and gain a competitive advantage. Integration of IoT can improve various business processes in a short time.

Four ways IoT is playing its role in transforming businesses:

1) Improve Customer Experience:

Efforts to improve customer experience have increased in modern organizations. The new IoT tools allow customers to interact with your products and improve customer satisfaction. New technologies like smart homes and cars can be connected to provide better customer experiences at every stage

2) Efficient Inventory Management:

Businesses can improve inventory tracking and management using the automatic control options provided by IoT technologies. Latest technologies like Wifi robots scan QR codes to track the orders. With efficient inventory tracking and surveillance, businesses can build a competitive advantage.

3) Faster Data Sharing:

Data collection and sharing from the IoT-connected devices in any business facility can be done at lightning speed. Companies can use this critical data for developing new products and improving their marketing strategy.

4) Real-time Insights:

Sensors in every smallest product can help generate real-time insights from the different business processes. Using interconnected devices, the insights can also be shared for improved collaboration.

The event I talk about in the video above you can access it by registering to the free webinar below!

Free Webinar: An introduction to Internet-of-Things for executives and managers 

NOTE: This is a pre-recorded version of our popular event. Upon registration, you will be provided with the webinar link.

 

Internet of things is one of the most exciting technologies of our times, with great synergies with data science, AI and blockchain. In this event, IoT expert Shashank Yadav shares everything a decision maker needs to know about this topic.

Who is this webinar for?

The topics to be covered:

  1. Introductions to IoT
  2. What is IIoT and Industry 4.0?
  3. Current Market trends
  4. Need of IoT
  5. Best time to adapt to the industry 4.0

You can register here.

The Tesseract Academy offer a range of services, workshops and courses in IoT. If you want to learn more then please register your interest here.