IOT For Business: Ten years ago internet was a new thing to most of us! Having a desktop computer with an internet connection to read and send mails was a great thing. But since then internet has evolved and Internet of things (IoT) has come a long way and can now be found almost everywhere in our lives. Some well popular IoT applications already under use are Smart parking, Waste Management, Smart phone detectors, Google Home device and many more. We are keen to share as to how IoT has been benefiting businesses and how it continues to do so in the future.
Always be aware of the positions of your products – IOT For Business
With the emerging IoT technology, it will become more convenient to keep a track of the products by integrating them all to the same network. You can update any information about the products anytime from anywhere and also have all the data at your finger tips
Smarter products and businesses underway
With the help of Internet of Things, you can now try to improve the feel or the usability factor of each and every product. No matter what the product is, you can always try and make it smart. May it be a smart frying pan, a smart tennis racquet or even a smart yoga mat! Who would have thought a mobile could be capable of taking pictures as good as professional cameras 10 years ago?
IOT For Business – Faster processes
When everything is available at your fingertips, it is easier to automate the process or even get it done manually in a more effective manner as you will not have to waste time on gathering the data as to what is where. This also means that you would be able to deliver the products faster for your consumers and keep them satisfied. At the end of the day, it is the consumers who matter!
Easier remote work
Have you ever imagined what it would be like to do business in a city or country in which you have been to? Or have you been dreaming about expanding your business to global markets but not been able to do so since you can’t afford to travel to all these countries that you want to do business? The wait is over! We now have many programs like the e-Residency program from the Republic of Estonia that allows entrepreneurs to control their businesses in Europe from any part of the world. Many such initiatives will be coming up in the future with the help of Internet of Things that helps collect and control all data from a single place.
Better results
It is humans who tend to make mistakes and not the machines. As Internet of Things takes care of most of the monotonous and repetitive jobs, the human involvement in such areas reduces and the process becomes more effective. This might seem an expensive approach initially, but in the long run it certainly will help the organization achieve great heights with very good results.
Higher costs on devices: Little negative side of it
Internet of Things, like any other new technology in the market comes with its own set of requirements and setting up these requirements and maintaining all of it will be a costlier affair. For example, for all devices to run seamlessly on a single network it is essential to have them all updated to the latest available version and many a times this happens only when you shell out a hefty sum of money. However, when we look at the bigger picture of a more productive and labor effective business IoT certainly has a brighter side.
Read More: AI AND IOT: TWO POWERFUL ENTITIES, CHANGING THE WAY YOU DO BUSINESS
To discuss more about your IoT or Mobile App project needs, feel free to reach us at contact@yugasa.com . We shall be more tan happy to assist you for any of your product development.
