Internet of Things is one such technology that has been a part of our daily lives since 1999 but has reached the mass market quite recently in the past 5 to 6 years. Companies are now incorporating the brilliance of this technology in their services for different applications. It allows a company to:
- • Optimize its operational methodologies.
- • Incorporate capabilities like automation, telematics, cognition, and analytics in its architecture.
- • Digitize inspection and repair tasks through predictive maintenance.
- • Monitor operations and processes in real-time from remote locations.
The technology of IoT is a blessing for industries that were looking for a breakthrough solution to break past the traditional systems. By using IoT, industries now gain benefits that were not possible before. Hence, enterprises must use the features of IoT to achieve new heights of success and gain a competitive advantage in this neck to neck competition.