What are the benefits of IoT? | HCLTech

Technology Q&A

Benefits of IoT
What are the benefits of IoT?

The benefits of IoT technology vary per the implementation ecosystem, and the extent of the advanced IoT devices used. Below are a few benefits/uses of IoT solutions across industries.

  1. Real-time asset/resource visibility
  2. Reduced costs
  3. Improved operational efficiency
  4. Data-driven insights for quick decision-making
  5. End-to-end, remote monitoring and management of assets/resources
  6. Real-time, predictive and prescriptive insights
  7. Improve end-customer experience