A popular topic of discussion is the Internet of Things – while this seems like something complicated that concerns big business, the reality is it’s actually quite simple and is relevant to businesses of all sizes.
Put simply, The Internet of Things means the interconnection of everyday objects via the internet enabling them to send and receive data – this has benefits for everyday life as well as for your business.
Taking a slightly more technical view, the internet of things, or IoT, is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that given unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.
So what are some of the possible benefits for your business?
Sensors placed at strategic points in store can provide automatically collect and report valuable data on customer numbers, popular products, the numbers of customers circulating through the store and allow retailers to customise offers accordingly.
Warehouse & Production Lines
Sensors have the ability to automatically count and set movement in the warehouse and/or your production line. You can also program devices to raise alarms when merchandise and raw materials are running low.
Live tracking and greater visibility of the status of shipments or deliveries each step of the way helps calculate more accurate delivery times and optimal delivery routes for an improved customer experience and reduced costs.
Automated early detection and timely replacement of parts that reach their end-of-life saves costs and improves safety and efficiency. Plus automation of key systems and access to information on specific devices means no more wondering whether you turned off the air conditioner before going home.
New Business Models
Perhaps the most exciting element of IoT for SMEs is the opportunity for new business models and the competitive advantage these provide. Imbedded devices and tracking allow you to remind customers when they need to place an order, or let you know when maintenance is due equipment needs replacing so you can plan cash flow.
Tech Creations Can Help
Cutting edge technology allows you to making informed decisions based on the data that IoT provides. But like all technology it is vulnerable to attacks and IT security needs to be part of your plan.
Tech Creations specialises in providing IT Services, IT Infrastructure and IT Support for Small and Medium sized businesses from our head office in Melbourne. Our approach is both hands-on and strategic to provide you with the peace of mind that your IT environment is in safe hands.
We’ve helped many of our clients in their digital transformation to drive business improvement and operational efficiency.
To discuss whether IoT is suitable for your business call Tech Creations now on 1300 855 135 or email firstname.lastname@example.org