The Internet of Things, or IoT, is an industry- and world-changing wave of transformation for manufacturers. IDC estimates there will be 30 billion connected "things" by 2020.
What the IoT Means to Manufacturers? Software, sensors, and IP-enabled connectivity are increasingly embedded into the products we design and build. IDC estimates there will be 30 billion connected "things" by 2020. This change defines a fundamental shift in how value is created for individual consumers, and across the entire global economy.
What's transformative about the IoT isn't the internet itself, but the changing nature of "things" – the products that you make. Smart, connected products are generating new value in ways we couldn't imagine even five years ago – from reduced costs of production to improved efficiencies in areas like service and innovation, opening up new landscapes for invention and growth.
To compete, differentiate, and win in the IoT world, companies and organizations like yours must recognize the transformative power of the IoT – and act. You need to be ready to collect, analyze and capitalize on the information now being generated by customers, suppliers and the products themselves. You must also identify and assess potentially profitable new business opportunities that the product-generated data uncovers.
Our platform was purpose-built from the ground up for the Internet of Things. It contains the most complete set of integrated IoT-specific development tools and capabilities available, offering the industry’s deepest functional capabilities. It makes it easy to develop and deliver powerful Enterprise IoT solutions that deliver transformative business value.
Are you IoT ready? Please drop us an email for enquiry about our IoT solutions. Our representative Mr. Vincent would like to share more to you!
Smart manufacturing is a decision-making environment. Very importantly, smart manufacturing includes proactive and autonomic analytics capabilities, making smart manufacturing an intelligent and self-healing environment. With smart manufacturing organizations can predictively meet business needs through intelligent and automated actions driven by previously inaccessible insights from the physical world. Smart manufacturing transforms businesses into proactive, autonomic organizations that predict and fix potentially disruptive issues, evolve operations and delight customers, all while increasing the bottom line.
With this new twist on vending, companies can take advantage of new technologies to go beyond just delivering snacks to establishing an entirely new retail center. Smart vending machines can now be located in many public areas as well as company facilities, providing a plethora of goods and services, including computer accessories, tickets, meals and office supplies. Traditional vending machine owners will soon be left in the dust if they don’t take advantage of the growing IoT market.
Smart connected products offer exponentially expanding opportunities for new functionality, far greater reliability, much higher product utilization, and capabilities that cut across and transcend traditional product boundaries. The changing nature of products is also disrupting value chains, forcing companies to rethink and retool nearly everything they do internally.
The Industrial Internet of Things harnesses the power of big data to improve efficiencies, particularly in asset-intensive industries such as oil and gas. As more and more machinery becomes loaded up with sensors and connected to the internet, there are predictions that the IoT could slash costs.
Thanks to the “internet of things,” those capex costs are significantly decreased and continue to become more affordable. The IoT, with its low-powered networks and inexpensive sensors, is helping to keep smart building costs down. According to Buildings, adding IoT-based controls and monitoring to a building can cost from just $5,000 to $50,000. Intel said an IoT-based approach using wireless sensors can reduce deployment cost by around 30% when compared to a traditional BMS.
When we talk about the Internet of Things in regards to fleet management, the “things” are vehicles and the people who drive them. When vehicles are given sensors, we can manage and control them through web applications. With Roadnet’s MobileCast, GPS technology gives transportation managers real-time information about routes and drivers. So while a homeowner could use the Nest app to see if the thermostat is pumping costly heat when he or she is away from home, a transportation manager could use the MobileCast app to check in on drivers and make sure trucks are on time and not making costly off-route stops. Both the homeowner and the transportation manager are able to get this information from their smartphones, no matter how far away they are from the action.