Ever wondered how you’re able to give command to your printer without being physically near it? This is possible because 1 such technology is called IoT or Internet of Things. IoT can help you in your daily lives and has changed how businesses use devices in their workspace.
An IoT consulting company will help you in utilizing this technology and smart devices to its full potential. In today’s blog, we’ll see the top 6 reasons how IoT can be beneficial for your business and why you should consider onboarding an IoT development company.
Benefits of IoT for Businesses –
1) Reduced Costs
It’s interesting to know that 83% of organizations have noticed a significant improvement in productivity and reduced labor costs, thanks to IoT. Similarly, in the manufacturing industry IoT has helped reduce the overall maintenance cost by 5%-10%! As per these statistics, IoT has had a positive impact on businesses. Proactive monitoring and catching bugs in office equipment has helped save time and effort for employees.
2) Higher Efficiency and Productivity
78% of companies have mentioned that introducing IoT at their workplace has significantly improved efficiency and productivity. IoT can be used to optimize resources such as Wi-Fi bandwidth and printers to optimize workflow efficiently. Another way to leverage IoT is to cut down on repetitive tasks, which will benefit your business in the longer run!
Also Read : Benefits of Managed IoT Services
3) Business Opportunities
32% of businesses have used IoT to improve their products and services for customers. IoT has also helped businesses in creating business opportunities. By leveraging the power of IoT, businesses like yours can use AI and advanced analytics to collect data that would add value their customers are seeking.
4) Improved Customer Experience
The modern customer expects to interact with your business if they have a query and don’t mind interacting with a chatbot, as long as their problem is resolved. Businesses have taken full advantage of this technology to combine technology with IoT to provide a better customer experience. Interestingly, 30% of consumers have reported feeling comfortable with companies using IoT devices to provide proactive customer service.
5) Increased Mobility and Agility
The nature of IoT technology allows employees to be productive virtually and work from any location. This flexibility can become a key advantage at the right moment. Office lease isn’t cheap, and the IoT revolution has allowed businesses to hire full time remote employees. 43% of businesses that have implemented IoT in their business have experienced an improved operational process.
6) Subscription based service
Businesses can provide smart devices for homes such as thermostats and motion detecting lights for a subscription-based service. These devices can provide insights to customers about their home environment and this model allows customers to cancel their subscription at their convenience. The possibilities of subscription-based models are endless as businesses can combine different technologies into unique solutions.
How can an IoT Consulting Company help you?
1) Customization for business needs
Every business has unique requirements, and IoT development company can offer you customizable solutions for you. They can tailor solutions as per your business requirements and ensure that your IoT implementation is strategically aligned with your organizational objectives.
2) Security Assurance
One of the biggest advantages an IoT consulting company can offer is security assurance. They prioritize security throughout the development life cycle, these companies are equipped to conduct a thorough vulnerability assessment.
3) Scalability and Flexibility
Whether you need to expand your IoT deployment to handle a large volume of devices or integrate new functionalities, consulting an expert can help you to expand your business. They’re well versed in creating scalable architecture that can adapt to your business requirements.
4) Continuous Support and Maintenance
One of the IoT services that these companies provide is ongoing support even after the deployment is completed. They ensure that your IoT devices stay reliable, up to date and secure with the latest technological advancements.
5) Focus on core compentencies
By outsourcing an IoT consulting company, businesses can concentrate on their core competencies without being burdened by the complexities of IoT technology. This allows businesses to allocate resources more efficiently and enhance their competitive advantage.
Also Read : How Do IoT Services Enhance Business Operations?
Final Words
To recap everything we just read, we can see the positive impact IoT has on businesses and how an IoT development company can help you shine brighter than your competitors. It’s always a good idea to onboard them and make the best of use of their IoT consulting services.
One such company is IoT Solutions World. They offer customized IoT solutions, high level of IoT consultation and 24/7 support post launch IoT projects. They leverage the best IoT practices and cater to different industries such as healthcare, agriculture and retail.
To learn how they can help you and learn about the IoT development process they follow, contact them now!
