IoT and it’s Role in Improving Productivity

By New Era Technology - 4 Nov, 2024
CloudBlu
5 Minutes Read

The Internet of Things (IoT) is one of the most beneficial technological advancements that uses the power of the Internet, Artificial intelligence, Machine Learning, and deep data analysis. A study by Statista1 indicates that there are approximately 51.1 billion Internet-connected devices in the world today, and the number will increase to $75.44 billion devices in 2025. IoT isn’t just smartphones and tablets. Everything from light bulbs to refrigerators and washing machines to security systems is becoming part of IoT. 

Smartphones are an essential part of the IoT ecosystem. They enable users to operate devices from distant locations without being physically present. Smartphone Apps provide this functionality for diverse uses, from monitoring and controlling domestic appliances to business operations.

Businesses Must Understand IoT Devices

When it comes to business, it’s essential to understand how these devices work, especially for small or new companies. At the same time, it’s also crucial for businesses to understand how these devices can impact employees. Since IoT devices can be vital to your company’s success, you can’t afford to let your employees use a device that doesn’t work for your business. Therefore, you must determine whether or not your IoT devices are boosting productivity.

These are some of the issues you should consider when making those decisions. New Era Technology provides a comprehensive range of IoT solutions for smart buildings for improved security and enhanced productivity, focusing on security and utility. 

Onslaught of Data

With so many devices connected to the internet creating petabytes of data, managing it would be a considerable challenge. Deciphering what data is essential to your company and employees is vital to success. Every team member using a connected device must access practical analytics tools to make sense of all that information. Additionally, you can significantly increase productivity by observing and understanding how employees use this technology.

The Need for Big Data Analysis

The vast amount of data that IoT devices transmit requires a robust and modern solution. Such big data analysis is beyond the scope of conventional data analytic applications and requires implementing modern solutions that interpret and analyze data to provide insightful analytics. Such big data analytics is now integrated into many popular technology platforms, enabling businesses to realize the immense advantage that IoT-generated big data provides.

Changing the Daily Commute

Being stuck in traffic or on the subway can lead to lost time and productivity. However, since we have so many devices constantly connected to the Internet, employees can use this time to get work done instead of wasting it. This can significantly increase overall productivity, mainly as more employees use different forms of transportation other than a personal vehicle. In remote work, IoT devices facilitate employees’ working on tasks without needing to be physically present, as in an industrial environment.

Better Time Management

If your IoT device helps you and your employees improve time management, it’s a worthwhile investment. Mobile devices can help us all manage our schedules, tasks, and even our free time more efficiently and, in turn, be more productive.

Streamlining Processes

 With IoT-enabled building management systems capable of providing real-time access to your employees’ locations, this information can help uncover valuable insights into several key areas affecting your business, including occupancy, workflows, and overall efficiencies. Company executives can then leverage this information when planning recruiting practices, inventory management, etc.

Improved Safety and Security

Safety and security are essential for any company, including physical safety and data security. Connected devices can protect your physical office and other assets, such as equipment and private information.

Enhanced Asset Management

Another important factor to consider when determining if a connected device will increase productivity is whether it improves your inventory and asset management. With the right connected devices and strategically located sensors or beacons, you can better manage your assets and significantly boost your bottom line at the same time. Therefore, IoT devices that improve these factors will undoubtedly increase productivity and enhance adaption to changing work standards.  

The workplace is constantly changing. Disruption of the status quo is becoming commonplace, and new technological advancements are never-ending. While these changes tend to create new challenges, IoT devices can help companies successfully navigate these changes more quickly, making the transition to new working environments much more accessible.

IoT Solutions from New Era Technology

IoT is here to stay, and as the number of connected devices continues to grow, businesses will need to understand how these devices work. The leaders of your company or enterprise must determine which devices will best enhance productivity and which will not. Contact us to learn more about IoT devices and how this technology can improve your company’s productivity and bottom line.

References

https://www.statista.com/statistics/1183457/iot-connected-devices-worldwide/

Author: New Era Technology

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