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What are the industries where IoT is applicable?
IoT enables real-time analytics on data gathered from sensors at the site of operations, producing relevant on-field intelligence - which makes IoT indispensable for monitoring and introducing visibility and optimizations almost immediately.
IoT is therefore crucial for the assset intensive industries - manufacturing, life sciences, logistics and the energy and utilities industry, at multiple points in the value chain. Recently IoT has also begun transforming the retail and insurance industries - as in-store intelligence and telematics insights are finding increasing application in improving store operations, customer experiences and designing insurance models that are crafted for the connected end customer.