Wearable tech, machine learning, and predictive analytics may sound like futuristic technologies beyond our grasp. But with the power of IoT (Internet of Things), you can make your business operations come to life and work for you to unveil data and capabilities that move your strategy from reactive to predictive.
When the first computer was invented, it took up an entire room and cost a fortune to operate and produce. Today, we carry computers around with us—in our pockets, in our homes, in our cars. Technology has matured, and leveraging that technology is much easier and inexpensive.
The Internet of Things connects existing technology and existing machines to the cloud and helps to collect data that will enable cost-savings and streamline processes. New Signature has been seen as a leading voice in IoT technology, and continues to develop game-changing and transformative solutions for business of all sizes.
By employing New Signature to design a customized machine learning solution using IoT, one Central-Pennsylvania food processing company experienced transformational benefits and extended data discovery after connecting their manufacturing equipment to Azure, enabling them access live data and control their production process.
Another company—a Florida-based construction company—was able to increase safety compliance by connecting job site gear to determine work attendance and ensure personal protective equipment is in place. The possibilities to improve efficiencies, reduce costs and generate new revenue streams are endless.
While these solutions may seem complex, the deployment of an IoT solution is simpler than would be expected for such a transformative benefit. With IoT technologies, you have the ability to dream big, but start small, adjusting the scope of your IoT solutions over time and with ease.
The benefits of an IoT solution are essentially immediate and are tangible, improving the company’s bottom line and adding business value. Further, the benefits grow as time elapses. As your company collects data from your business processes, that data is funneled into Microsoft’s cloud and output into visually rich and user-friendly Power BI dashboard, so that your data is presented in a way that allows you to make better business decisions. The more data that is collected, the deeper and more comprehensive your analytics will be. This will enable you to transition from a reactive mode to a predictive mode of business operations.
As of 2016, there were over 6.4 billion “things” connected to the cloud, which means that early-adopters of IoT solutions with also benefit with a competitive edge against competitors.
Contact an Advanced Analytics expert today, or register for our upcoming IoT learning experience —Putting IoT into Action: Building a Connected Enterprise, where New Signature will outline some very specific IoT use cases related to the manufacturing and resources world that will spark your imagination.