How to effectively use data from Internet of Things (IoT)

The Internet of Things (IoT) is a digital revolution that has taken the world by storm. Having digital control over your home and office when you’re not around is fantastic progress in today’s world. It is a sure shot way of simplifying people’s lives.

The global IoT market has risen from 157 billion dollars in 2016 and is expected to reach a whopping 457 billion dollars by 2020. This translates to a compound annual growth rate (CAGR) of 28.5%.

The gains from IoT data

Today, companies are utilizing Internet of Things and its data to score on mission-critical business parameters like elevated customer experience, operational improvements, better yields in supply chain management, and overall revenue acceleration.

Manufacturing transportation and utilities are the key business sectors where the proliferation of IoT will be the greatest, thanks to benefits like improved quality management, better asset tracking, and manufacturing intelligence.

Here are 3 ways to use your IoT data to meet your KRAs

1. IoT for Cost Management

Most IoT users do not make the most of the data they receive via their devices. They sometimes may use just a small part of data received. They fail to realize the value of the statistics they obtain from their devices. These figures can be used to track operational issues, errors, and shortcomings.

The forecast for IoT devices as of now is to target errors and to boost improvement. Over time, Internet of things data can improve the economic state over different verticals. Of course, it will take a different amount of time to develop for different fields.

2. IoT to Revamp Products and Services

A lot of feedback from IoT users is generated. Analyzing it can be helpful in further bettering the devices and the services used by the customers. After using IoT devices for a certain time, a feedback generally pops up asking the user about his experience with the device and how the company can put in an effort to improve its usage.

The company should value this feedback, as it will help them create loyal customers. Because in today’s competitive market, every company comes up with similar products and services. If a brand wants to keep a customer loyal, they have got to take customer feedback seriously.

3. IoT for Procuring and Allocation of Data

To accentuate the value of data to its full potential, one needs to learn how to accommodate and evaluate data from various Internet of things devices that he is using. Only by doing this, issues can be trouble shooted and resolved more efficiently.

This data should be publically accessible where IoT developers can analyze the data, point out the mistakes and suggest optimal solutions. This concept is known as Open Data Market. It is a well-emerging concept and is the future of IoT development.

In conclusion, IoT data should be taken seriously as it can help the business grow and improve in various ways. It is an innovative new technology and should be used to its full potential.

How IoT can improve CX at Airports

From arrival to security checks that people face in an airport, it can prove to be hectic and irritating. The passengers have to go through multiple checkpoints in order to board a flight. In the end, it all becomes an experience that no passenger likes.

However, things are changing with the enhancements of technologies. Over 95 percent of passengers carry a mobile device while visiting airports. And that presents a great opportunity for airports to integrate IoT in their services to improve the customer experience. The well-connected Internet of Things can not only reduce the time requirement, but it can also improve the security measures for an airport.

Here, in this article, you will find all the customer experiences that can get an immense level of improvement with IoT.

1. Effortless security checks

The security checks are the biggest considerations for customers as well as airport authorities and IoT can become an effective solution to that problem. The automatic sensors can be implemented at security checkpoints which can help to reduce long queues.

These sensors can connect to the mobile device of the passenger to know the person’s identity and boarding details. The same information can reach the security guards on her device along with the analysis reports of their luggage.

The facial recognition technology can also be attached to the security checkpoints. A customer can opt for such a technology, which will allow airport authorities to match his or her facial features with the data available in blockchain systems.

As a result, every security point will receive information related to the identity of the passenger, which will reduce the time requirement of security checks.

2. Easy luggage handling

Another aspect of customer experience that people care about is luggage handling. Airport authorities can include the smart device features in their baggage management.

First of all, the luggage should provide the ability to the passenger to receive information regarding the weight of the luggage on their mobile device. Also, it should include a mobile payment facility too. Authorities can include tracking sensors in the scale to get a report of the baggage.

There are smart bags available in the market that provide valuable reports regarding the temperature, g-force, humidity and other data on a smartphone. These smart bags are able to give alerts whenever the bag is opened. Similarly, the bags have an automatic lock system, which activates whenever the luggage gets out of reach from your mobile device.

The airport security can open and check your bags, but the complete report can appear on your device. This can reduce the problem of losing your items from the luggage.

3. Boarding assistance

IoT facilities can also improve customer experience in terms of boarding. The information about the flights, directions, and location can help passengers navigate their way in an airport on their own.

The smart devices can become their personal assistance and lead them towards the right direction. The devices can offer an exact boarding time to the passengers. So, a passenger doesn’t have to keep waiting in one place for the boarding turn.

There are various other customer experience aspects that IoT can help with. But, it is all about correct application.

Do let us know in case there are any other ways through which IoT can elevate the overall airport experience!

Outlook of Internet of Things (IoT) in 2018

The humongous connection of sensors, human beings, computing devices, and other things connected over the internet to pass information holds tremendous potential. This underlying principle of IoT can shape lives to be better than before and get proactive alerts rather than a reaction.

It is this possibility that is taking IoT to a whole new level of adoption across the planet. Consider the below numbers –

1. The number of connected devices will rise from 15.4 billion (2014) to 30.7 billion (2020) and further to 75.4 billion (by 2025)
2. The global spending on IoT (hardware, software, integration, monitoring, and analysis) was $737 billion. This will go reach a whopping $1.29 trillion by 2020!

This data proves that IoT holds substantial value in our lives in the coming years and businesses are already marshaling their resources to help take this technology mainstream.

How IoT impacts customer lives?

IoT provides personal assistance by regulating temperature, locking doors, activating burglar alarms, and so on. The continuous data flowing through all the objects connected over the IoT has provided a new dynamic in the world of AI. Companies are actively using IoT paired with AI to create interesting and useful products.

Here are some ways in which IoT will influence customer lives in 2018.

1. Voice Technology

IoT and AI paired together have provided people with a way of managing everything ranging from their personal to professional lives, through speech. Be it controlling AC temperature to turning on car ignition, voice assistants are fast becoming a part of everyone’s daily lives.

Ford has incorporated Alexa into their cars to enable easy radio toggle and accurate traffic updates which the user can ask for, through his speech. This will make driving safer. Alexa can also be installed into your home to act as a hub to control your personal gadgets and electronics.

2. Healthcare

The massive data collected by IoT can help determine diseases quickly and also provide accurate and relevant medications for the same. This is done by gathering information and insights on the disease from the internet.

IoT can help hospitals maintain patient records, manage workflow, and optimize appointments to help doctors carry out their duty more effectively. Using IoT enabled software to monitor blood pressure and heartbeat can help doctors recognize the cause by studying data provided by IoT.

3. Smart Refrigerators

Imagine if you were to be informed beforehand of a shortage of supplies in next 1-2 days so that you can fill in the grocery provisions easily? Yes, that’s what the IoT enabled refrigerator of the future would be capable of doing. It will generate a grocery shopping list based on which staple is running low on supply.

At the store end too, they can push notifications to your smartphone right when you step into the supermarket. They will alert you to add specific items on your list/shopping cart based on your past buying behavior or trends.

Thus, IoT as a tech trend has been advancing rapidly due to the immense value it has displayed across various facets of our lives. It will continue to grow and influence people in a positive way in 2018 and beyond.

Internet of Things (IoT) in the Insurance Industry

IoT is often regarded as the next big industrial revolution after the Internet. In addition to connecting machines with machines and with people, it is also promoting an enhanced sense of awareness of our surroundings. From coffee makers to washing machines, everything can now be connected and controlled. It doesn’t come as a surprise that spending on IOT worldwide (across all markets) is expected to rise from $737 billion in 2016 to a whopping $1.29 trillion by 2020.

Internet of Things is making its presence felt across industries, and the insurance companies are no different. IoT essentially uses its massive data flow and information from various devices to calculate and come up with possible outcomes for insurance companies and policyholders, which help them to minimize their losses, and it also actively engages the policyholders to prevent mishaps. Here is how the IoT can affect the Insurance companies and insurance policyholders.

How Internet of Things benefits Insurance policyholders

Advancement in IoT is in the best interests of the policyholders. This is because IoT keeps a track of anything and everything which is on the network, which includes the policyholder, and the assets he has insured.

1. IoT and Car Insurance

Consider a case where your car is insured at an insurance company which uses IoT to assist them with insurance policies. You can ask them and get your driving habits recorded with the IoT.

If a fluctuation is seen in the insured person’s driving, it will alert the insurance company. Also, good driving habits observed by IoT can get you good discounts on insurance policies. Hence, an increase in IoT technology can prove to be very beneficial for insurance policyholders.

2. IoT and Health Insurance

A person who cares a lot about his well-being and his fitness is obviously less prone to diseases as compared to a person with a sedentary lifestyle. However, almost every fit person and a normal person pay the same premium.

IoT can help you here. With various devices available now, like Fitbit and other running apps, which track your activities, you can contact your insurer and link your apps and devices with the IoT and get discounts on your premiums.

3. IoT and Home Insurance

As a homeowner, it is natural for a person to opt for a good home insurance policy to protect his home from damages and sudden calamities.  Many a time, untoward incidents can lead to lead to losses for both policyholders as well as for insurance companies.

These things can be avoided using IoT. Devices powered by IoT can be linked with satellites and various environmental sensors which can warn insurance policyholders of a potential problem before it gets too big. It can also notify the people about a possible approaching calamity to be avoided, hence preventing too much damage.

These pointers aptly denote the immense value that IOT can have in the insurance sector. It not only segregates the right premium for the right set of policyholders but also captures essential data points that can prevent claims and payouts for the insurance companies.

Technology Trends in 2018

Digital experts and tech giants have always talked about the importance of innovative computing technologies. These processes and methodologies will develop and bring down market costs to a great extent. The opportunity to innovate interactions will initiate organizational growth. Every organization would like to stay ahead of the growth curve, and that’s where they need the support of unique technologies.

What do the statistics state?

When it comes to assessing the growth and development of technologies, there’s no denying the contribution of tech giants like Apple, Amazon, Microsoft, Facebook, and Alphabet. These ventures together contributed a lot to the total market gains. In fact, federal investments in the digital market will touch the $95 billion mark by 2018. Now, we know how the technology market is going to shape up in the coming years.

Identifying the promising and prospective technologies at this juncture will be a great thing to do. We must have a look at the four exciting technologies that are expected to leave a mark in 2018!

1. IoT

Internet of Things is crucial, and it’s here to stay. According to market sources, a whopping $6 trillion will be allotted for IoT solutions within five years. If we take a look around, we will surely come across numerous smart homes.

People are already living in smart homes, waking up to smart alarms, and having smart voice assistants at home. The trend will increase over time, and the time isn’t far when every process will get automated. Internet of Things has already made an indelible impact, and it will continue to rule the tech arena in 2018 too!

2. Virtual Reality

It is highly imperative to track the growth of VR in 2018. Revenues of VR content will rise from USD 2274.24 million (2017) to USD 13964.98 million (2020). Head Mounted displays revenue too will rise from USD 3243.12 million (2017) to USD 6498.26 million (2020).

Although, this particular technology is taking giant strides towards development, there’s still room for improvement. Creation of attractive content and high-value services would be important. VR will stay, grow, and excel if experts innovate and improvise the VR-supported modules.

3. Chat-Bots

Enterprises across the globe consider customer service to be an integral aspect of their services. Consumer satisfaction is highly important, and this is where smart consumer-facing chat bots making all the difference to the CX industry.

Chat bots humanize machine interactions, thus helping you develop a personalized camaraderie with consumers on the other end. Advanced bots also leverage AI to ensure interactive UX. Looking at its ability to generate business with 47% of the consumers, the trend will surely grow and reach new heights by the end of 2018!

4. Augmented Reality

With the two most popular tech giants, Google (ARCore) and Apple (ARKit) making the first move, startups and other ventures will try their best to invest in AR. The sector is expected to grow in the next 4 years to touch $83 billion per year by 2021. The top brands are already planning to incorporate AR strategies looking at this disruptive trend.

Signing off

These trends will determine the market for innovative technologies in the coming year. If you are working in the digital sector, it’s high time to wait and watch out for them!

Designing an intuitive dashboard for IoT Products

Smart homes are soon becoming a more acceptable norm of society now with devices such as Amazon Echo, Google home, Alexa etc. But it is not just the technology that makes these products a massive hit among customers. A lot of thought has gone into designing such user-friendly IoT products.

As a product engineer or a UX designer who is working on an IoT project, your main focus is centered on creating and designing a product that brings immense value addition to your client.

One of the most crucial designs in IoT products involves the look and feel of an IoT dashboard which serves as the touch point for the user to interact with the device.

In this blog post, we are going to talk about the 4 steps involved in designing an intuitive dashboard for IoT products.

1. Break down the User Journey:

Take this a thumb rule – before you even get to the stage of picking up your pencil and sketch pad, spend some time to research and understand what kind of IoT product are you designing for?

It could be anything ranging from a smart system that controls the lighting of the house to a smart refrigerator that sends updates on the grocery list or a super efficient home locking system.

For better understanding, let us take the example of designing an IoT dashboard for a smart refrigerator that allows the user to track the details of grocery items and to set up reminders in the user’s mobile to stock up items.

Now, before we get down to designing this dashboard, as a product designer you first need to understand the underlying technology that will be used by the refrigerator such as, what kind of sensors would be triggered, what kind of data will be recorded, how will the data be analyzed etc.

Your job is to represent this underlying data in an intuitive manner. This is where your creative mind kicks in and is expected to think about the user journey and different use case scenarios. Also, while designing it is very necessary to be mindful about the target audience who is bound to use the product.

In the above example, the smart fridge is going to be used by a household which would include:

• a family of 4-5 members
• the users could be aged between 24 to 55 years
• the user could be either male or female
• pet-friendly house

Now based on the above user scenarios, you will be able to sketch out different user journeys.

2. Create the Skeleton with Wireframes

This is the fun part because here is where you actually visualize each and every action of the user. Some people call the wireframe stage as setting up the blueprint of the design and functionality of the product.

Now, when you are designing the dashboard of an IoT product, it is necessary that you visualize each and every step of the user and jot them down into squares, circles, and triangles. The key here is attention to detail. Step into the shoes of the user and think of the ways he/she will use the product on a real-time basis. Document scenarios that are not so obvious but have a probability to pop up.

In this stage, you also get to logically test the flow of user actions. Yes, ‘Logic’ is the word here. Don’t just go by your gut or instinct, you need to think if the steps in your wireframe make logical sense in the bigger picture. Sketch out as many possible scenarios here. Do not restrict your mind to – ‘this is it’! Explore different options and also be conscious to capture different user emotions while sketching the wireframes.

Don’t just put a button because it has to be there. Think of how you expect the user to navigate to a particular page such as – to check the grocery stock, to get alerts on food items that are running low on storage, setting timers for bakery products etc.

Once you have a gamut of ideas, sit down and evaluate the best possible user flows to create an unparalleled user experience (UX). This is the most important part of the whole designing process and so it is imperative that you get it right. The UX is the make or break deal for the success of your IoT product.

3. Bring your Product to life with Visual Designs

For all those creative artists out there, this is the stage where you need to find the Picasso inside you and splash those colors into the wireframes. But don’t just add any color – keep in mind factors such as color psychology and branding guidelines (if any) while choosing the colors.

Let us go back to our example of the refrigerator dashboard and see the kind of colors we could use.

It would be advisable to use a lot of white space in the design to give it a neat and easy user interface (UI). Also, depending on the USP of the overall IoT product, either blue or green could be a great choice of color for a dashboard.

If the highlight is more on the technology, then blue would be an ideal choice as it showcases intelligence and is a color that is most commonly used with electronics. But let’s say if the USP of the IoT product is to highlight health or any environmental benefits, then green would be an excellent choice to complement the messaging. Also, colors such as red, yellow and green can be used to indicate any functionality features to the user.

So, in a nutshell, while you are creating the visual designs keep the end user in mind and choose colors that are able to communicate instantly with the user.

4. Test your Designs – Time to Prototype:

This is the last and final stage of the design process where your designs are put to the ultimate test. With the help of many online tools such as Adobe XD or Invision, you can test your designs in real time and showcase the functionality to your clients.

This real-time feedback helps you to iterate designs on-the-go and incorporate all feedback at one point. It is important that all designers prototype their designs since quick and responsive designs translate into happy clients.

Thus, designing for IoT products can be slightly different from creating mobile apps and websites as User Experience is the key here. But with the above-guided approach, you can be assured of designing a vibrant and intuitive dashboard for IoT products

IoT – Challenges

With IoT, the concept of smart cities is rapidly gaining ground. Bolstered by bullish sentiments in the tech landscape (Cisco estimates 50 billion smart connected devices by 2020), the Indian government too has grand plans for developing 100 smart cities across the nation. Once it figures out the infrastructure and ecosystem within which a smart city will work, we will truly be on the path to having a fully functioning smart city.

The premise of better safety levels, decreased pollution, efficiency in energy utilization, and superior quality urban lifestyle, have placed the spotlight on what IoT can do to enable the concept of smart cities.

IoT systems are versatile and flexible enough to support and drive a huge range of local municipal goals and government objectives. Taking just one case in point – the use of sensors can bring about a remarkable change in the way collaboration happens across different regional, state level, or national level government departments. Then, there is the concept of smart grids that ensures optimal utilization of resources, prevents wastages and enables zero shortages of basic utilities like power and water supply.

Hence, the potential of IoT for smart cities is exciting for today and exhilarating for tomorrow.

Challenges with smart cities implementation with IoT

In order to achieve this goal, it is necessary that town planners factor in the below limitations of IoT with smart solutions:

1 – Vulnerable to hacks

Most of the connections with objects will be enabled through RFID and these are vulnerable to hacks. Enabling a hack-proof IoT ecosystem will ensure a faster realization of smart cities development.

2 – Security and privacy concerns

Right from your toaster and refrigerator to your TV and car will be connected in a smart city. This magnifies the risk of leaving privacy and security vulnerabilities open to hackers. By providing a secure access mechanism, this risk can be bought down significantly.

3 – Problems with interoperability

While open standards has been around as a concept for the last 25-30 years, nothing concrete has come out of it. Rather than using interoperable systems, we see a user taking a side (think Google and Apple in case of mobility) and then building an entire ecosystem around this. This limitation posed by interoperability too will pose a problem in the future.

The continued tech advancement has led to a spurt in the number of tools, resources, and devices that can facilitate the value derived from IoT. This in turn will propel the development of smart cities at an accelerated rate. Advantages like reduced traffic congestion, better transit ecosystem between two points, can be effectively driven by smart town planning associated with smart cities.

However, this can happen only with active long term support from technology expertise and infrastructure enablers. Here, partnerships with smart IT providers and IoT experts will provide the necessary building blocks needed for the municipal town planner’s accomplishment of the smart city dream.

 Rediscovering life with IOT – Internet of Things

We all know how much IOT has changed our lives, and all for the better. Turning your living room lights off with one tap on your iPhone makes life so much easier.  IOT truly defines what having everything at the tip of your finger means. With growing demand for these applications in our lives, the supply also has to play the game of catch-up.

Here are 4 trending IOT applications you should invest your time in:

1. Smart Home

The highest ranked IOT application across channels has a rapidly increasing demand. More than 60,000 people look up the words “Smart Home” each month. This is the time to invest in these applications as their startup funding currently exceeds $2.5 billion. This includes well-known names such as Nest, AlertMe along with many multinational organizations like Philips, Haier and Belkin.

Smart Home apps: Nest, SmartThings, WeMo

2. Wearables

This is a hot topic in the smart tech industry right now. The Apple watch was a pioneer in this sector when it first launched in 2015. Wearables tend to excite users because they are small, portable and efficient. It is easy to observe how the biggest tech firms are increasingly investing in wearables, as this is the market to watch.

Wearable apps/products: Apple Watch, FitBit, Jawbone

3. Connected Car

Owing to the fact that the development cycles in the automotive industry typically take 2-4 years, connected cars are coming up slowly. Tech giants like Microsoft, Google and Apple have already announced connected cars platforms. More than that, some brave startups are also investing in this recipe for future success as they also want a piece of the this cake that is going to make them billions of dollars in the near future.

4. Smart City

Smart city spans a wide variety of uses, from traffic management to water distribution, to waste management, urban security and environmental monitoring. Its popularity is fueled by the fact that many Smart City solutions promise to alleviate real pains of people living in cities these days. IoT solutions in the area of Smart City solve traffic congestion problems, reduce noise and pollution and help make cities safer.

Current projects

The Indian Government is currently investing $15 billion in an urban renewal and retrofitting program with a mission to develop 100 cities all over the country making them citizen friendly and sustainable.

With today’s tech industry giants investing in these applications, it is clear that this is the future. Join the digital revolution and enjoy the benfits you’ll reap in just a few years time!

Designing Better IOT Products

The most happening “IT” topic near the office coffee machine has to be IoT (Internet of Things). Its applications and uses are growing by leaps and bounds. In the next decade, it would not only emerge as a game changer but also a life changer. Consumers too are taking to IoT very warmly. But designing consumer centric IoT products is a totally different ball game altogether. There are many things to pay attention to. Here are some tips your company can benefit from when designing IoT products for consumers:

1) Scope and Scale of the Design

As IoT grows in momentum day by day, it becomes imperative to launch a product that evolves at it grows. Stagnation of a product’s evolution brings its downfall. For example, in the world of hand gestures, a biometric device with just thumbprint will not suffice anymore. Something more radical will be needed to captivate users and gain market share. The IoT product has to progress with each new introductions in IoT technology. The advancement and the success of the product depend on its ability to walk hand in hand with technology.

2) Superior UX

Gone are the days when a company made products according to its own comfort, style, and design. Today, the main focus of every company should be to design and launch a product that provides a superior User Experience (UX). The user should be central to the product. The company should keep every minute detail in mind for a wholesome UX performance. Consumers today have multiple choices so they will only purchase a product that gives them complete satisfaction.

3) Focus on the overall experience

IoT experiences for users designed by businesses should follow certain guidelines for a fulfilling product success. We list some of these here:

• Integration of connections should support the content.
• These should support every type of brand interaction – from sales to loyalty development

These guidelines help the IoT systems to go beyond being a mere endpoint to full-fledged interaction ‘hotspots’

4) Better online-offline integration

According to a recent Accenture study, it was found that 82% of the people still prefer to buy from brick and mortar stores. So it’s necessary to integrate all the channels for a business to run seamlessly. Here IoT comes very handy. Some of the stores have started implementing IoT-specific technologies like RFID and magic mirrors. For example, a person walking in a store immediately gets all the sales and discount offers the store is currently running. The user also gets a bill on his mobile after checkout.

5) Factor in the security aspect

Security is the primary concern and fear of every consumer today. We routinely come across news of privacy issues, data leakages, and security breaches by hackers. The company should try to make sure that the components used in the product are of extremely high quality. Also, the company should protect the communication devices with highest level security which adheres to toughest certifications. The company can keep a full-time CISM (Certified Information Security Manager) to follow the protocols across the organization.

To sign off

These tips will help you make a better IoT product for your consumers which are easy to use for a layman, but smart enough to change the way he lives his life.

Advanatges Of IOT

Today, companies across scale and size are pushing the envelope with IOT adoption to stay relevant in an intensely competitive environment. While this technology is at a nascent stage but market sentiments are increasingly being optimistic towards IOT as a success enabler. Market analysts like Gartner are highly optimistic about IOT growth and penetration – from 8.4 billion connected things in 2017 to 20.4 billion by 2020.

What is Internet of Things?

Let’s give you a cue: Think how your standard phone has turned into a smartphone? How has a TV transformed into a smart TV? How has a lock transformed itself into a smart lock? Well, the innards remain the same. The internet has hit our lives in a never before way. It is actually making us addicted and connected. This is IOT in a nutshell.

How are companies benefitting from it?

To encourage digitization and to provide uninterrupted services to the customers, today more and more companies are leaning towards this technology. In the next few lines, we will discuss about the benefits that it provides:-

• It elevates the customer experience

Today, the companies are taking unusual steps to increase the customer experience and one among them is IoT. In the hospitality sector, IoT technology is playing a profound role. Some hospitality chains like Virgin Hotels, offer an app that helps the guest to control the TV or regulate the room’s thermostat. “With the Internet of things we are looking at ways devices interact with basic functionality at the hotel, “mentioned the vice president of sales and marketing for Virgin Hotels. Other hotel chains like Mariott are planning to join the similar bandwagon.

• It simplifies business

The Internet of Things has been a buzz word for various industries including airport, theme parks and a lot more. This technology offers the chance to streamline the cost of operations and helps the company to refocus on what the business actually needs. Don’t believe?  Here’s an example of a company that needs no introduction, Disney. Recently, it has launched a Magic Band initiative in Orlando, a network of internet ready sensors inside every object in the park that further help to simplify guest transportation to lodging to itinerary planning to reservations to dining.

• It improves productivity

Productivity largely depends upon the kind of technology that you have deployed. At least, the largest manufacturer of paints, Asian Paints believes in it. In a recent interview, with Harish Lade, the general manager Systems confirmed that they have leveraged IoT technology for its packing lines. Through it they can keep a track of the containers-like whether they are packed optimally, under packed (against the norms) or over-packed (means giving the product for free), thus giving a check towards the productivity levels.

Conclusion

IoT technology is poised to bring a change in various industries like retail, logistics, FMCG, etc. It is rightly quoted, “The Internet of Things has potential to change the world, just as the internet did. May be even more.”