Internet of Things
What is the Internet of Things (IoT)? This rapid expansion of connected devices presents a unique opportunity to grow your business. The Internet of Things offers new ways to engage customers, new business models and greater insights into existing processes. More objects are becoming embedded with sensors and gaining the ability to communicate. The resulting information networks promise to create new business models, improve business processes, and reduce costs and risks.
Unlocking the potential of the Internet of Things
In what’s called the Internet of Things, sensors and actuators embedded in physical objects—from roadways to pacemakers—are linked through wired and wireless networks, often using the same Internet Protocol (IP) that connects the Internet. These networks churn out huge volumes of data that flow to computers for analysis. When objects can both sense the environment and communicate, they become tools for understanding complexity and responding to it swiftly. What’s revolutionary in all this is that these physical information systems are now beginning to be deployed, and some of them even work largely without human intervention.
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What Solutions Can We Build For You
Tracking Behavior
When products are embedded with sensors, companies can track the movements of these products and even monitor interactions with them. Business models can be fine-tuned to take advantage of this behavioral data.
Resource Consumption
Networked sensors and automated feedback mechanisms can change usage patterns for scarce resources, including energy and water, often by enabling more dynamic pricing, therefore, saving you money.
Enhanced Awareness
Data from large numbers of sensors can give decision makers a heightened awareness of real-time events, particularly when the sensors are used with advanced display or visualization technologies.
Process Optimization
These sensors feed data to computers, which in turn analyze them and then send signals to actuators that adjust processes—for example, by modifying ingredient mixtures, temperatures, or pressures.
Automation & Control
Making data the basis for automation and control means converting the data and analysis collected through the Internet of Things into instructions that feed back through the network to actuators that in turn modify processes.
Sensor-driven Decisions
As the new networks link data from products, company assets, or the operating environment, they will generate better information and analysis, which can enhance decision making significantly.