How decision-makers benefit from the IoT - a look at the opportunities
The IoT creates new perspectives for managers in the company to support processes and optimise projects. Decision-makers are often looking for ways to work more efficiently with the Internet of Things and make more informed decisions. Supporting the implementation of IoT initiatives helps to provide impetus and overcome challenges.
Networked devices offer considerable added value, particularly in industrial production, healthcare and logistics. For example, sensors in machines help to recognise wear and tear at an early stage and to plan maintenance in a more targeted manner. This increases availability and reduces costs. In the healthcare sector, networked sensors enable continuous monitoring of patient data. This enables nursing staff to react to changes in good time and improve treatment.
Increasing efficiency and productivity through the Internet of Things
The Internet of Things is revolutionising the management of resources and processes in companies. Networking allows processes to be automated and important data to be recorded in real time. This gives decision-makers reliable insights that lead to a more efficient use of resources in many areas. These efficiency gains can be seen in numerous industries: In agriculture, for example, soil and weather data help to precisely control harvest times and irrigation.
In production, sensors monitor machine statuses and thus minimise downtimes. In transport, networked systems help to optimise logistics processes and thus control vehicles and supply chains more efficiently. Decision-makers often report that they can use IoT data to obtain more accurate forecasts for planning and purchasing and thus reduce costs.
BEST PRACTICE at company XYZ (name changed due to NDA contract)
With the support of IoT coaching, the company used sensor technology in its production lines. This made it possible to predict breakdowns and proactively plan maintenance dates. The result was a significant reduction in production stops and better utilisation of the machines.
New business models and improved customer loyalty through IoT
The Internet of Things not only opens up optimisation potential in existing processes. Many decision-makers are using IoT technologies to develop new business models. For example, companies benefit from data-based services that build on real-time information and thus serve individual customer needs.
In retail, some decision-makers use beacon technology to analyse customer movements in order to adapt shop layouts and create personalised offers. In the supply chain, IoT solutions enable transparent tracking of products and therefore better planning and control.
Farmers are also increasingly integrating sensors that monitor plant health and recognise pest infestations at an early stage. This allows crop yields to be improved and risks to be minimised.
BEST PRACTICE at ABC (name changed due to NDA contract)
A company from the logistics sector used IoT platforms to realise complete transparency of goods movements. This enabled route planning to be optimised and delivery times to be shortened. This significantly improved customer satisfaction.
Recognising and tackling challenges in IoT projects for decision-makers
Despite the opportunities, decision-makers also face challenges. Security risks are a frequently mentioned topic, as networked systems are potential gateways for attacks. Accompanying advice is therefore essential in order to integrate security measures at an early stage and check them continuously.
In addition, IoT projects often require business processes and systems to be adapted. This complexity can initially lead to uncertainty. This is where an experienced partner who supports projects and provides impetus can help to shape these changes constructively. Decision-makers benefit from practical support and a clear roadmap.
BEST PRACTICE at DEF (name changed due to NDA contract)
A manufacturing company faced the challenge of introducing IoT solutions across departments. With the help of external support, interfaces were optimised and security guidelines introduced without disrupting ongoing operations. As a result, the company gained data transparency and gradually became more competitive.
My analysis
The Internet of Things offers decision-makers a wide range of opportunities to optimise processes, develop new business models and strengthen customer loyalty. It is important not only to introduce the technology, but also to dovetail it with the business model and processes in a targeted manner. Accompanying coaching and impulses help to find the way through the complexity and take security aspects into account. Decision-makers who allow themselves to be supported on this journey actively shape the digital transformation and benefit in the long term.
Further links from the text above:
[1] What is the Internet of Things (IoT) and how is it revolutionising the world of technology?
[2] IoT for companies: The main advantages and disadvantages
[4] New IoT study shows: Internet of Things is gaining relevance
[5] The importance of the Internet of Things for corporate competitiveness
For more information and if you have any questions, please contact Contact us or read more blog posts on the topic TRANSRUPTION here.
Deutsch 
English (UK)