Technology Q&A
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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.
- Real-time asset/resource visibility
- Reduced costs
- Improved operational efficiency
- Data-driven insights for quick decision-making
- End-to-end, remote monitoring and management of assets/resources
- Real-time, predictive and prescriptive insights
- Improve end-customer experience