Internet of Things (IoT) has changed the way companies carry out their day-to-day activities. The impact it has on companies shows that technologies can create new opportunities that can optimize organizational processes. This technology manages to connect the objects that surround us through sensors to increase productivity and safety in the company. IoT sensors help businesses take the step toward digitalization through their ability to collect real-time data from various sources, which they analyse and turn into vital information for the management of the company.
What are the industries that can benefit by the IoT sensors?
Manufacturing
Manufacturing companies are always up to date with new technologies that can keep them competitive in the market. Innovation is a key decision-maker when implementing a solution to streamline production processes.
Over the years, most of the manufacturing companies understood the importance of adaptation at the market demand and they started investing in IoT sensors. These technologies offer the possibility to outline a strategy to increase productivity levels and allow the creation of production KPIs that will lower costs and improve equipment efficiency, but also the productivity of the teams.
Benefits:
- Costs reduction
- Real time monitoring the production process
- Quality Standards compliance
- Predictive maintenance
Retail
Client satisfaction is one of the most important factors that ensures retail company’s performance. New customer requirements have led retailers to adapt to constantly evolving technologies to meet market demand. There are many technologies that facilitate the development of retailers, but one of the most used is IoT sensors. Studies show that 70% of retailers believe that integrating IoT sensors into their companies will bring important benefits.
Benefits:
- Track humidity, temperature, and air quality parameters
- Supply chain and inventory management
- Monitor the number of customers
- Sales growth & customer experience
Office
IoT sensors have transformed office spaces into perfect environment to employee development. A smart office that integrates IoT technologies manages to create a pleasant work environment for employees, increases comfort levels and leads to increased productivity.
Benefits:
- Control over working conditions (temperature, humidity, light, air quality)
- Cost optimization
- Data security
- Workplace monitoring
Conclusion
The IoT sensor market is constantly growing and companies that integrate these technologies will discover new digital opportunities for business development. The benefits of IoT technologies supports management in making informed decisions based on real-time data.