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5 minute read

28/01/2019

Tech Explained: The Internet of Things

 

Has your business adopted the Internet of Things (IoT) yet? Find out why it should be at the top of your to do list.

The Internet of Things (IoT) has been changing the face of technology since before the Millennium, and it’s still causing a buzz as more and more capabilities are developed.

Despite this air of excitement, some businesses remain reluctant to adopt IoT – due in part to some of the myths surrounding the technology.

For example, with products like smart watches, smart speakers and smart lighting dominating the media, some business owners consider IoT as a technology confined to the home. Others think it’s too complicated, too expensive and too time consuming

However, these myths are just that – myths. In reality, IoT is as simple as connecting a smartphone to the internet. What’s so complicated about that? And, if it’s possible within the home, it’s possible within the office too.

In fact, almost two-thirds of businesses believe IoT is important right now, and over 90% believe it will be important to their future. So, isn’t it about time your business – whatever your size or sector – made this technology a reality? It could drastically change the way you run things for the better.

City with connected devices

Not just a productivity boost

You’ve probably heard a dozen times that IoT can improve operational efficiency and productivity, but there’s much more to its potential.

Save money

With capabilities like data-analysis, instant data sharing and seamless connectivity between different digital technologies, IoT has the potential to automatically make decisions that could save you money. For example, your IoT-enabled devices could sense when they’re not in use and enter sleep-mode to save energy and lower your bills.

Setting devices up to communicate autonomously means you’re wasting less time, which in turn saves time and frees up your employees for more important tasks. Having extra cash and more time to focus on improving your business could make a huge difference over time.

Gain control and visibility

IoT could give you greater control and visibility of your business premises too. With IoT you could control your office’s heating, lighting or security systems while on the go. So, not only could you have the flexibility to focus on your busy business schedule, you could ensure the comfort and safety of your employees, improve security and more.

Deliver a better customer experience

IoT can help you gather information about your customers through your interactions with them. By analysing data (for example from surveillance cameras), you can understand their behaviour better. With this information, you could tailor your products and services to meet customer needs and spot opportunities to gain new ones – helping your business grow beyond your current expectations.

Everyone wins

IoT has the potential to make life easier for you, your employees and your customers. With these capabilities already firmly in place, and more on the way, are you ready to make it a possibility?

At Vodafone, we’re dedicated to transforming lives and businesses with our more than mobile solutions, including IoT. Learn more about IoT technology and how we can support you today.

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