The Internet of Things and how it can help your Business

Technology has really made a difference in our world today. As we look around, many things and devices are now being used to help people with daily activities. Today, we are going to talk about the Internet of Things. In a definition by i-Scoop, the Internet of Things is a network of connected devices which have embedded technologies or equipped with technologies that enable them to sense, gather data and communicate about the environment in which they reside and/or themselves. Furthermore, we are going to focus on how IoT can help your business.

If you want to start on adopting IoT for your business or home, now is the time to do it. Being created by Hitachi itself, support for Lumada will be effective. It is time to take up smart solutions and empower your business or home now. Check out Lumada by Hitachi ICT at their website above.

To start, Mark Hillsdon will tell us what the Internet of Things is and why businesses are taking it seriously.

The ‘internet of things’: what it is and why business is taking it seriously

The internet of things (IoT) is revolutionising how we live, from the way we control our central heating, to wearable fitness trackers that tell us how far we’ve walked. It’s also beginning to usher in what has been dubbed “the fourth industrial revolution”, as it transforms manufacturing processes from inventory management to quality control and assurance.

However, research early this year by satellite communications company Inmarsat revealed that many organisations lack the skills to develop, manage and deploy IoT solutions, especially in areas such as data analytics and cybersecurity. And that’s good news for graduates.

IoT is about devices, from simple sensors to smart phones, which talk to each other over the internet. “It’s the use of technology to gather insights around a particular operation that can help you make smarter decisions,” says Paul Gudonis, president of Inmarsat’s Enterprise Business Unit. Read more here.

With the evolving technology, new skills and capabilities are now needed in the work place from time to time. Flexibility is important. It was mentioned above that what we are doing now are not what we are going to do in the next years to come. We have to understand that.

Anyways, let us now proceed to Nicholas Chowdrey’s article which is about the three ways the Internet of Things will improve business efficiency by harnessing big data.

Three ways the Internet of Things will improve business efficiency by harnessing big data

When we hear about the Internet of Things (IoT) we often think of consumer products like wireless thermostats and multiroom speakers, meaning business uses are often overlooked.

Indeed, in a recent study by Dresner Advisory services, most industries rated IoT as not important.

However, advocates of IoT say there’s huge potential for the technology to transform business intelligence, especially when coupled with big data. They see IoT as a core justification for businesses to implement big data analytics, ranking it in the top three use cases, alongside customer analysis and data warehouse optimisation.

To get a better understanding of the potential business impact, let’s take a look at three current and future IoT business uses that harness big data.

  1. Visualising data insights

When most people think of data visualisation they imagine charts, graphs and tables of numbers. Although fairly easy to understand, these simple formats fall short of today’s needs. Read more here.

            The top three business impacts of IoT given above involve visualizing data insights, enhancing human resources, and networking machinery. With all that are mentioned above, it is definitely proven that the Internet of things will not only help you at home, but at work as well. Now eUKhost will give us nine ways the Internet of Things will affect your business.

9 Ways the Internet of Things Will Affect Your Business

If you’re someone who still thinks the Internet of Things (IoT) is tomorrow’s technology, it’s time for a wake-up call. It’s already here and making a big impact on business.

For those that are still confused by the term, the Internet of Things is simply technology that uses the internet to send and receive data. And it’s all around us; we can monitor our health via a watch, keep track of gas and electric using a smart meter, turn on our central heating using a phone, and set the Nespresso machine to make us a coffee. The list goes on.

In the business world too, the Internet of Things is being used by many companies. Rolls Royce constantly monitors its aircraft engines’ performance whilst in flight, UPS monitors mileage, speed and engine health of its fleet, Disney World uses a Magic Band to monitor which attractions people visit when at the theme park.  The National Trust even used IoT technology to keep track of its cows. Read more here.

One of the benefits given above is that it will reduce environmental impact. One of the ways this can happen is by monitoring room usage so that lighting and air-conditioning are shut down when a room is empty. Aside from the benefits, there are also some challenges with IoT that are mentioned above. Now that we understand how IoT can affect our business, we can now assess if our company or organization needs it.

Advantages of CCTV Analysis in Retail Setup

Theft is a biggest issue in the retail stores that impact the success of any retail stores or showrooms. No matter how much efforts you make to protect your retail outlet, there is always a potential problem related to theft.

Check out ATT Systems CCTV Video Analytics for a good solution today.

Problem of retail theft and loss can be prevented through retail security system. Security cameras play a crucial role in stepping up the security systems in retail outlets. If you are an owner of a retail business then you must look into the benefits of installing security cameras.

Use video surveillance for loss prevention
The loss of inventories due to theft is the primary concern for retail stores these days. A security camera is a solution to cut down the inventory and will automatically help in evading negative financial impact on your business. It will not only help to track down the thief but also record the intention or attempt made by any person before it is actually done.

Constant surveillance
Security camera gives you 24/7 facility. Even if you are not there in the store or if you are miles away you would be able to monitor your retail store without any extra effort. Data gathered in 2015 showed that almost 35.5% of inventory lost is due to theft. Video surveillance also keeps track of dishonest employee. Substantial evidence generated from the CCTV can be used as evidence for theft accusation.

Improves customer service
Happy customers make your business grow one step ahead of what others are striving for. Ensuring that customers are having pleasurable experience while shopping plays huge part in your success. It ensures that your employees are fulfilling all guidelines in serving customers. Security camera not only helps in deterring theft, but it has also been proved to be beneficial for business growth.

Digital Storage
Unlike other security devices, CCTV video analytics helps in storing data in digital video recorders (DVRs) and network video recorders (NVRs), making it easier to retrieve data during times of need.

Helps in improving the layout of store
Lastly, you can use video cameras to design your store and improve the layout. It helps to track the shopper’s shopping pattern and on the basis of which you can target customers’ need and strategize your store layout.

To avoid cost, one must take all the possible efforts before installing security cameras in retail stores. Nowadays, market offers great advanced technology at the lowest possible rates.

IoT and its Benefits for your Business

In today’s generation, almost everything is already connected to the web as part of the Internet of Things. But what really is the Internet of Things?  As defined by Matthew Evans, the IoT programme head at techUK, the Internet of Things is made up of devices – from simple sensors to smartphones and wearables – connected together. In this article, we are going to find out how the Internet of Things can actually benefit us and our businesses.

If you want to start on adopting IoT for your business or home, now is the time to do it. Being created by Hitachi itself, support for Lumada will be effective. It is time to take up smart solutions and empower your business or home now. Check out Lumada for business Singapore at their website above.

 

In an article by WayPost Marketing, we are going to find out if your business can benefit from the Internet of Things.

CAN YOUR BUSINESS BENEFIT FROM THE INTERNET OF THINGS?

We here at Waypost Marketing are here to help you simplify the internet, but we also want to make sure you understand as much about the internet as possible. To help you in your understanding, enjoy this guest article from Gregory Wolf at Wolf Technology Group in Greenville, South Carolina.

The Internet of Things (IoT) is rapidly becoming one of the top emerging trends in the world of technology today. If you consider yourself an IoT newbie, you’re probably wondering, “What is IoT and how can it help my business?”

The Internet of Things is a term used to describe devices that are connected to the internet for the sole purpose transmitting critical data back into the cloud for further analysis. The data generated by IoT devices could be a game changer for your organization.

Gartner says that over 20 billion IoT devices will be in use by 2020. Gartner’s market research also found that spending on IoT technology has increased by 30% from years 2015 to 2016. With so much momentum behind IoT, what business sector stands to benefit the most? Read more here.

There are guidelines provided above if you want put the Internet of Things to work for your company. Some of the questions you could ask yourself are: Could any of these processes be streamlined to save the company money? What would need to happen for the cost of a good to be reduced? and Could IoT replace the duties of some of your employees? Other information provided above includes how you could find the right IoT device for your business and more.

Now, QuickBooks Canada Team will give three ways the Internet of Things can benefit your small business.

3 Ways the Internet of Things Benefits Your Small Business

The internet of things, also known as the IoT, is the inter-networking of various types of smart devices, buildings, and vehicles through a variety of embedded sensors, actuators, and software. The result is that the objects can collect, share, and analyze data in a way that results in efficiencies not possible in the past. The global IoT industry is expected to be $1.7 trillion by 2020, with a compound annual growth rate of about 17%.Microsoft Canada conducted a surveyof top-level Canadian Executives. As of 2016, over half were completely unaware of what the internet of things was, 72% said they were confused by it, and 24% said they had no sense of how it will affect business. Here are three reasons how it will.

Real-Time Operations with More Efficiency

In the coming years, businesses will likely upgrade their equipment to ensure that the all the devices are “smart” and connected to the internet. More connected devices leads to greater efficiency and greater intelligence in the marketplace. The more IoT devices a company uses, the more intelligent operational decision will become, and the greater the company’s advantage will be. Read more here.

According to the article, with IoT, there will be real-time operations with more efficiency, companies can create smarter products, and there is exponentially more data collection. Those are just some of the benefits becauseBroadband Solutions will give us more of the benefits of IoT for business. Let us read below.

Benefits of IoT for Business

Australia’s IoT (Internet of Things) market is tipped to be valued at A$1 billion by 2020. While we are in the early stages of growth, the industry is already laying the foundation for this huge industry’s growth in the year’s to come.

While it has so much further to go, the Internet of Things revolution has already begun. We can now enable farmers to remotely manage their property, add new features to cars just by a wireless software update or allow a freight company to monitor the mechanical and location status of their fleet. These tools are enabling local businesses to compete on a global scale in a way they have never been able to before.

‘Internet of Things’ Increases Automation

IoT allows businesses to automate process and monitor equipment they would previously have to do manually. This type of automation saves time, allows businesses to assign staff more important tasks, and importantly, helps them make more money through lower margins and better efficiencies. Read more here.

There are four benefits given above and they have used RyanAir, an Irish airline, as one of the best examples of businesses utilizing IoT. So as mentioned above, IoT increases automation. You could go paperless with Iot. Everyone and everything is connected and IoT also has monetary benefits. With all those benefits, it is undeniable that the Internet of things has really made activities and processes easier and more convenient.

Microsoft Dynamics CRM and its Pros and Cons

What is a Microsoft dynamics CRM? First off, CRM stands for Customer Relationship Management and it is focussed on the interactions with present and future customers. Now according to Tutorials Point, Microsoft Dynamics CRM is a customer relationship management software package developed by Microsoft focused on enhancing the customer relationship for any organization. Now we are going to learn more about it as we read and discuss about the pros and cons of Microsoft Dynamics CRM.

One vendor for Microsoft Dynamics is Hitachi ICT. Hitachi ICT Microsoft Dynamics is a Microsoft Dynamics partner who are established in this field and they have consultants whom you can enquire with regarding the solutions your company requires. If you are serious about a solution for your company, you should check them out at their site.

 

First off, let us talk about the advantages and disadvantages of online Dynamics. CAL Business Solutions will give us four.

Four Advantages and Disadvantages of Online Dynamics SaaS Subscriptions

Software as a service (SaaS) is a cloud subscription model that offers many advantages over on-premise or other cloud models, but it also has some disadvantages. If you are considering an Online Dynamics subscription, you should know what SaaS is and how it can benefit your business. Is Online Dynamics right for you?

 Among the advantages of Online Dynamics are

  1. You do not have to purchase hardware or infrastructure, and you do not have to maintain it, which is particularly important for small to medium sized businesses that do not have large IT staffs
  2. The software is typically licensed on an ongoing pay-as-you-go model, rather than a large one-time, per-seat purchase
  3. SaaS often offers universal access, allowing you to connect to the software from any device (desktop, laptop, mobile phone, etc.) from any place that has an Internet connection.
  4. The initial price is usually considerably lower than purchasing on-premise equipment and software. Read more here.

So online Dynamics is convenient because you have a universal access, meaning you can connect to the software from any device wherever you are as long as you have an internet connection. However, it could be a disadvantage as well because without internet, there is no access.

Now to start with the pros and cons of Microsoft Dynamics CRM, let us read Sof’s article below.

MS DYNAMICS CRM: PROS AND CONS

Microsoft Dynamics CRM is very reliable and credible; however it has split many businesses down the middle, with some being in favour of it and implementing it across the board, and others choosing instead to opt for a competitor. Here, I will weigh up some of the pros and cons of MS Dynamics that have been voiced often by its users.

One of the benefits of Dynamics is that it boasts one of the most user-friendly interfaces available, with it being incredibly fast, never overwhelmingly cluttered and very reliable.

This means that training up your staff to use it will in theory not take very long.

            Another plus is that being a Microsoft product it is immediately compatible with any MS office product, notably Outlook, IE and Active Directory.

Also, it is full of features that will allow you to get up and running straight away, rather than have to search further for upgrades and installations. Read more here.

As stated earlier Microsoft Dynamics CRM is user friendly. It is also incredibly fast and reliable. However, if you are not using Microsoft products in your entire business, then it would probably cost you more. Also, think about compatibility of MS when you are using other products. For more pros and cons, let us also read DAVID AKKA’s article below.

The Pros And Cons Of Microsoft Dynamics CRM

I have written a lot recently about mobility but I haven’t forgotten that my business is software. As I mentioned in a recent blog, Microsoft are currently readying themselves for an all out assault on their home ground, the enterprise, by Apple and Google. With this in mind I thought it would be interesting to sit back and take a look at Microsoft Dynamics, their CRM offering, which has recently taken Microsoft out of their comfort zone and into more “cloudy” territory.

Pro: Familiarity

Dynamics CRM, as you would expect from a Microsoft product, has a very simple user look and feel especially for those familiar with SharePoint or Office, the UI is genuinely uncluttered and easy to use, meaning that adoption training and familiarisation should be at a minimum.

Con: We aren’t all Microsoft wall to wall

This is something more and more of my customers are highlighting to me. Dynamics has of course been optimised for compatibility with MS products and performance does tend to take a slight hit if anything else is used. Read more here.

Just like what was mentioned earlier, familiarity is one thing that we could benefit from. Microsoft Dynamics CRM has a very simple look which is not difficult to operate. However, as said earlier too, all the products you are using should be Microsoft too for you to be able to experience real and more benefits. Anyways, all the other pros and cons are already mentioned above. It is now up to you to weigh them and decide if you need it.

 

Alternative solutions to queue problems

Queues are one of the things that people hate the most but it is also one thing that people can’t avoid. Almost everywhere, we encounter queues: at the mall, restaurants, cafes, grocery stores, and even comfort rooms have queues. People may hate it but it is actually something that makes things more organized and systematized. Without it, places might be messy, transactions might be out of order, and people might be arguing and complaining about getting the service first.  That is why queue management is important and must be taken into consideration by establishments. While a long queue not only has impact on business profits, it also affects customer’s individual experiences. Many companies have also explored the using of technology to come out with commercial queue solutions to help businesses overcome this problem. After all, a happier customer who queue less, would mean more purchases and in turn profits for the business.

Anna Arwidi will tell us more about queue management and its impact on customer preferences.

Queue management, and its impact on customer preference (and profitability)

Nobody enjoys a queue. At best, we regard them as a necessary evil. At worst, they can be the difference between a sale and an abandoned shopping basket (with customer dissatisfaction guaranteed). In addition to my obvious professional interest, studying how retailers manage the queues in their stores has become something of a personal obsession!

When in-store queues can be one of the most negatively impactful aspects of the retail customer experience (and have a significant impact on sales, as research has previously pointed out) it’s surprising that more retailers aren’t using technology to better monitor and manage the queues in their stores, and in doing so enhance the retail customer experience.

I have three local stores where I can pick up groceries. All have slightly different propositions (and associated store designs): one is a no frills, ‘stack them high, sell them cheap’ type of place; the second more upmarket with lots of fresh food and an in-store bakery; and the third somewhere between the two with a more limited but specialist range than can throw up surprises and cooking inspiration. In addition to their different offerings, each has its own approach to the check-out area and the management of the inevitable queues. And I’ve found that my choice of store is directly influenced by the experience of the queue (and my willingness to endure it, balanced against what I want or need to buy). Read more here.

Using technology could really be effective in an establishment’s queue management system. A said earlier, this kind of queue management system monitor queue behaviour in real-time, and provide data on how many people are standing in a queue per period, and for how long. In this way, there is an easier way to determine things and it is good that the customers too are aware of these pieces of information.

Parks are also one of the places where we could see queues.  Christy Cabby will give us an example which is the water parks at the Walt Disney World.

Water Parks at Walt Disney World Testing Virtual Ride Queue System

We have very exciting news for the water park fans out there.  The water parks at Walt Disney World currently do not offer FastPass+ selections or any other means of reserving a spot in line other than waiting in the sun in most cases.  We have learned that Disney is currently testing a virtual ride queue system that would allow guests to continue playing and enjoying other areas of the park and then notify them when they should return the queue for a much shorter wait.  This would almost work similar to a pager system where you will be notified when you should report back.  This is different from FastPass+ in that you won’t pre-select certain times, you will get added to the system when you venture to the attraction.

The system is expected to be available for guests to try out on April 7th.  This should be a favorable change for guests since this will reduce the amount of time that they spend waiting in lines and allow them to go and enjoy swimming, lounging or hanging in the shade until it is time.  The technology will only be launched on certain attractions to start out.  We haven’t confirmed if it is expected to roll out to all attractions and what that timeline would be. Read more here.

Great! People visiting the water parks at Walt Disney World wouldn’t experience the hassles of waiting in line anymore.  So the virtual ride queue system will now allow guests to continue playing and enjoying other areas of the park and then notify them when they already have to return to the queue.

Another problem experienced is traffic queues. So Stevenmuir wil give us solutions to traffic queues.

Solutions to traffic queues

I was impressed with this image from a story on Aucklands traffic congestion which suggested Aucklanders spend 4 weeks a year stuck in traffic.

It’s a great perspective with the queued traffic snarling to a standstill while the lone cyclist has plenty of space to zoom along having a great time. I do have to ask myself the question ‘why aren’t there more people on that cyclepath’? Cycling seems like the perfect solution to me, but there’s obviously a lot of people very grumpy about being inconvenienced by construction of our new cycleways who are not so enthusiastic about cycling. A couple of examples are the irate business owners complaining to Christchurch Council and the dairy owner on Colombo St.

Over the years I’ve noticed some of these stories focus on public transport as the solution (which is a good thing) but some never  mention cycling as a practical solution. Why don’t frustrated motorists get on a bike more often? If they live far away, get on an electric bike! If it’s occasionally raining, put on a jacket! It’s not that hard! Read more here.

It is true that the road is one of the places where we could see the longest queues. There are already too many cars being driven on the road day by day and we couldn’t really avoid it since we have to travel and do our own businesses around town. However, Stevenmuir has proposed one possible solution to this – cycling. Why not? It would not just lessen the traffic on the road; it would also make your healthier. So there are really many ways where we could make manage queues. We should just think of the something that could benefit everyone, especially something that could make things convenient for the customers.