Get The Most Out Of The Internet Of Things

Oct 01, 2018

The Internet of Things (IoT) market is expected to blow up in the near future. Gartner expects the monetary impact of IoT technologies to surpass $1.9 trillion by 2020. IoT connects billions of devices with one-another and thereby creates a significant amount of data. Another survey predicts around 40% of all data will be machine generated by 2020. We are heading towards an automated future, and IoT will have a huge part to play.  

Advantages Of Implementing Internet Of Things (IoT) 

The Internet of Things can have many benefits, including but not limited to: 

  • Accessible information on any device, anywhere, in real-time 
  • Analyzing user behavior to create targeted marketing campaigns 
  • Keeping on-field workers out of hazardous conditions for routine checks 
  • Process automation and optimal resource utilization 
  • Faster response times and improved visibility and awareness of issues

Most Businesses Don’t Get IoT Right  

While industrial IoT (IIoT) is expected to hit $890 billion in 2020 in manufacturing alone, not everyone is getting it right. A recent survey by Cisco found some disturbing results-  

  • 60% of IIoT plans don’t move beyond the proof of concept (PoC) stage 
  • While 35% of IT leaders believe their IIoT projects are successful, only 15% of their team agree 
  • Only about 26% of businesses surveyed had a successful IIoT deployment under their belt  

What the survey highlights is the gap between reality and perception of IoT. While the buzz around IoT is genuine, only few get it right. What are you doing to get your IoT strategy straight?

Asking The Right Questions 

Most IoT projects, just like most other enterprise technology failings are because of incorrect roll-out and implementation, or low adoption rates. You can ease out solutions by asking the right questions before setting up an IoT strategy, like: 

  • What is your IoT budget and is your boardroom on your side? 
  • What’s the primary goal you’re looking to achieve with IoT roll-out? 
  • How capable is your team for handling change management? 
  • Can you measure your ROI against definitive analytics?  
  • Can you provide proper training for new technology adoption?  


IoT solutions, unlike many traditional IT initiatives, have the potential to disrupt existing business processes and drastically change the way your organization performs day-to-day. Not going in with proper expertise, can be fatal for your organization’s long-term goals. You may lose.

Where Can You Implement The Internet of Things? 

The major driving forces towards IoT development and deployment are focused on the following areas:  

  1. Connected Devices – Our phones, televisions, laptops, music, vehicles, etc. can keep track of everything we do, view, read, and listen to during our day. This information can be used for marketing, as well as getting our jobs done faster. Forgot to bring a file to a meeting? You can just access it from the cloud now.  
  1. Making Sense of Big Data – We already know IoT devices can gather up massive amounts of data. But, how do you use that data? By integrating machine algorithms and providing analytics-as-a-service, IoT devices can help you make predictions and data-driven accurate actions in various business scenarios.  
  1. Safer Work Conditions On-field workers in various industries like oil & gas, waste management, construction, etc. have to deal with hazardous conditions on a regular basis. By placing IoT sensors in dangerous positions like inside a factory chimney walls, reduces the need for physical inspection of the site by human workers as the sensors can relay the data on their own.    
  1. Supply Chain – Striking the optimum balance of supply and demand is what every product-based company wants. Using radio-frequency identification (RFID) tracking, IoT can automate large chunks of your supply chain logistics keeping track of every point between order and delivery.  
  1. Healthcare: Imagine your health records and medical history were accessible to any doctor around the world. That would mean you can access to the best possible treatment faster for any issues, because your doctor will have all your info on-board. IoT in healthcare is considered a sleeping giant. While, it hasn’t taken as many strides as say in manufacturing yet, it has the potential to reduce the risk of wrong treatments being issued, and can be the difference between life and death.  

ProV are a global managed IT services providerthat candeliver the insight and value you need to get the most out of your IoT investment. Our expertise in integrating IoT with other enterprise applications such as IFS field service management (FSM), MS Azure, etc. and experience of years of successful implementations under our belt help you get the most ROI from your processes 

To learn more about how ProV can set-up IoT technologies for you in your specific industry, drop a comment below, orcontact us today.  

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Topics: IOT, internet of things, benefits of iot