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The Internet of Things (IoT) is a network of physical devices, vehicles, buildings appliances and other items embedded with electronics, software and sensors, which can be controlled or monitored remotely. The potential applications include smart cities, healthcare and industrial applications.
IIoT helps SMEs to become more efficient, Address the needs of their customers and gain in productivity.
IIoT helps SMEs to become more efficient, Address the needs of their customers and gain in productivity. By bringing together technology and the people who use it, IIoT creates a new way for companies to operate. These benefits can help you:
- Increase your revenue by selling more products or services
- Reduce costs by automating processes that were previously manual or repetitive (e.g., warehouse inventory management)
- Improve customer service by using real-time data collected from devices like smartphones or wearables (e.g., tracking employee attendance)
The ability of IIoT to automate many processes, and reduce the need for human intervention.
The ability of IIoT to automate many processes, and reduce the need for human intervention.
For example, if you want to know if your plants are operating at maximum efficiency, or if there are any issues with their operations that could cause problems down the line (such as equipment failure), then you can use sensors placed in key areas throughout your plant to detect these anomalies before they arise. This will not only improve safety and security but also lead to increased productivity as well.
Reduce costs by automating processes that are manual or repetitive.
Automation is a key part of IIoT, and it can be used to reduce costs by automating processes that are manual or repetitive. With automation, you can reduce the need for human intervention and ensure accuracy in your workflows. It also helps prevent errors from happening by removing humans from the equation altogether—and this is especially important when working with sensitive data like customer information or financial data.
Data collection and analysis can be done in real-time, and instantly impact business decisions.
With the ever-increasing need for real-time data, there are many benefits to be had. Real-time data can be used to make decisions and identify trends in a way that traditional methods cannot. This means that your business will have access to an abundance of information at all times, allowing you to improve efficiency by identifying bottlenecks before they become problems.
Improve safety and security of your plants and operations; improve efficiency through automation – use sensors to detect anomalies before they arise.
IIoT can help to improve safety and security of your plants and operations, improve efficiency through automation – use sensors to detect anomalies before they arise. The benefits of IIoT for SMEs include:
- Improved safety by reducing the risk of accidents.
- Increased efficiency through the use of sensors that monitor plant performance in real time.
- Reduction in cost through faster diagnosis and response times for maintenance issues or other issues related to production processes (e.g., monitoring equipment).
SME’s can benefit from the advantages of IIoT
The advantages of IIoT for SMEs are many. One of the main benefits is that it helps them become more efficient by automating many processes, reducing the need for human intervention. Another benefit is that it allows businesses to address the needs of their customers and gain in productivity. This can be achieved through using sensors which monitor key data points within a facility or process area, such as temperature levels or humidity levels.
In order for businesses to reap these advantages from IIoT, they must first invest in an appropriate infrastructure system which includes both hardware (wires) and software (software applications).
Conclusion
The advantages of IIoT are clear and plentiful. However, it is important to remember that not all SMEs can afford the same level of investment. We hope this article has helped you understand what investments might be required for your company’s operations to take advantage of IIoT and how it will help you become more efficient.