Main changes that IoT brings to business
Opportunity to access a larger amount of data
The ability to connect devices allows greater access to important data for businesses. This greater and easier access to data represents a great competitive advantage because the data obtained can be used to generate important insights.
Defining appropriate strategies to enhance the data collected through IoT equipment is something that is increasingly important for several business areas. Not exploiting them means missing an opportunity for economic and technological gains.
Higher productivity and efficiency
By connecting the main processes of a company, managers are able to better identify new ways to boost productivity and efficiency so that through automated processes work gets done faster.
The sharing and storage of data is simpler, which allows boosting productivity because, with easier and faster access, teams are able to produce more and manage time more optimally.
As IoT contributes to the integration between devices, when it comes to remote work, it becomes possible to manage employees through an electronic device with internet connection, for example.
In industry, machines have the ability to interact with other machines and even perform repairs on the system itself remotely without human intervention. The machines can detect faults and through connections perform repairs automatically.
Improved customer experience
By obtaining important insights about the company it is possible to know how customers use the products or services of a particular business, which makes it much simpler to understand possible needs for improving the buying experience of each customer.
Increased Security
Through the Internet of Things and real-time system monitoring it is possible to detect flaws or attacks exactly when they happen, which promotes rapid intervention to protect sensitive information.