Connected things are changing how products are developed and how businesses are organized. Streams of information generated by devices such as industrial machines, sensors, kiosks and highly engineered products make it possible to upgrade a product in real-time or to predict when it will fail. Seize this emerging trend with SPR Consulting.
Operational efficiency comes in various forms. When you connect machines with warehousing systems and goods, you create smart production systems that control each other without manual intervention. Improve how you manage your inventory, your supply chain, and your energy consumption. IoT data gives you actionable insight about waste, available efficiencies, impending equipment failures, and regulatory compliance, enabling you to reduce overhead and conserve resources.
Gaining insights into how customers use products and services allows you to quickly update features to more closely align with customer desires and behaviors. Instead of spending time with trial and error, data-driven decisions allow you to immediately correct or adjust issues, leading to better product design and new business models—both now and in the future.
Insights into where, when, and how customers purchase and consume products not only leads to better understanding of customer demographics, but also presents opportunities for targeted marketing. Develop customer rewards, provide on-the-spot product information, enable quicker transactions, and improve proactive and reactive customer service that keeps customers engaged and satisfied. IoT data removes the guesswork about consumer needs and provides a foundation for empirical decision-making.
It’s one thing to move quickly to take advantage of modern technologies. It’s another to proceed with confidence. Sign up for our hands-on and interactive workshop where we will share with you the latest business and technical innovations in the field of IoT.RISK FREE IOT