--- title: Benefits from the Use of the Internet of Things (IoT) Technology description: How can we successfully implement IoT technologies? image: https://blog.prophetic-technology.com/hubfs/AAEAAQAAAAAAAAswAAAAJGZiZDMxYmQ5LTcxYmItNGNiYS1iNDExLWJmZGExZGVlM2NiMg-1.jpg --- [hello@psdtohubspot.com](mailTo:hello@psdtohubspot.com) [+91 8874569874](tel:+91%208874569874) Hours : Opens 10:00 AM To 07:00 PM [![logoHD](https://blog.prophetic-technology.com/hs-fs/hubfs/logoHD.jpg?width=2500&name=logoHD.jpg "logoHD")](https://www.prophetic-technology.com/) - [Home](https://www.prophetic-technology.com/home) - [Subscribe](https://www.prophetic-technology.com/pt-blog-subscribe-opt-in-consent?hsCtaTracking=174cc371-9cdc-4b94-a32e-9007f0ac4dea%7C0776642c-2604-4695-8e3f-f7a74f10031a) - [Contact Us](https://www.prophetic-technology.com/contact-us-old) - [procurement](https://blog.prophetic-technology.com/topic/procurement) - [supply chain](https://blog.prophetic-technology.com/topic/supply-chain) - [logistics](https://blog.prophetic-technology.com/topic/logistics) - [iot](https://blog.prophetic-technology.com/topic/iot) - [technology](https://blog.prophetic-technology.com/topic/technology) - [inventory](https://blog.prophetic-technology.com/topic/inventory) - [optimisation](https://blog.prophetic-technology.com/topic/optimisation) - [planning](https://blog.prophetic-technology.com/topic/planning) - [internet of things](https://blog.prophetic-technology.com/topic/internet-of-things) # [Benefits from the Use of the Internet of Things (IoT) Technology](https://blog.prophetic-technology.com/benefits-from-the-use-of-the-internet-of-things-iot-technology) The IoT is transforming the business world, but how do we define it? IoT is a universal sensor syste... [Read More →](https://blog.prophetic-technology.com/benefits-from-the-use-of-the-internet-of-things-iot-technology) - [supply chain (286)](https://blog.prophetic-technology.com/topic/supply-chain) - [technology (138)](https://blog.prophetic-technology.com/topic/technology) - [logistics (81)](https://blog.prophetic-technology.com/topic/logistics) - [procurement (69)](https://blog.prophetic-technology.com/topic/procurement) - [optimisation (65)](https://blog.prophetic-technology.com/topic/optimisation) Posted by [Dave Food](https://blog.prophetic-technology.com/author/dave-food) on Aug 2, 2017 12:26:00 PM ![Dave Food](https://app.hubspot.com/settings/avatar/9fa060d35f0f962fafafe972c24035ae) Find me on: [Facebook](https://www.facebook.com/davefood) [LinkedIn](https://www.linkedin.com/in/davefood) [Twitter](https://www.twitter.com/davefood) The **IoT** is transforming the business world, but how do we define it? **IoT** is a universal sensor system connecting the physical world to the Internet. T*hings, Internet and connectivity are the three main components of the* *IoT*; the value is achieved by closing the distance between the physical world and the digital world in systems that reinforce and improve automatically, reducing costs and increasing agility; it enables an unprecedented level of visibility, improves performance, optimises supply chains, enhances service and creates meaningful insights that benefit business and society alike. ![Benefits from the Use of the Internet of Things](https://blog.prophetic-technology.com/hs-fs/hubfs/AAEAAQAAAAAAAAswAAAAJGZiZDMxYmQ5LTcxYmItNGNiYS1iNDExLWJmZGExZGVlM2NiMg-1.jpg?width=466&name=AAEAAQAAAAAAAAswAAAAJGZiZDMxYmQ5LTcxYmItNGNiYS1iNDExLWJmZGExZGVlM2NiMg-1.jpg "Benefits from the Use of the Internet of Things") [How can we successfully implement IoT technologies?](https://www.prophetic-tec%3Cstrong%3Ehno%3C/strong%3Elogy.com/panorama) *Collaboration* among different departments should work together to *maximise* the benefits offered by **IoT** technologies and *minimise* the inherent risks. To start sharing information, insights and know-how, and to keep the pace of a rapidly evolving innovative technology, could be the answer. **The IoT and the automotive manufacturing: **Internet *connectivity* in vehicles allows car companies to release *software* updates in *real time*. Affordable *sensors and fast and wireless connections* have drastically increased the amount and type of *data available*; this data helps analyse the car's performance, provides more ways for automakers to *cross-sell their products* and provides more *personalised services* to its customers; users can reserve smart cars through a *mobile app*. The IoT allows *creative collaboration* with close industries, gives *meaningful insights* optimising your Supply Chain. **The Internet of Thing in Transportation. **By their very nature, the logistics providers that move objects by air, sea, rail, and ground have widely distributed *networks and rely on rapid information* about those networks *to make decisions*. Companies in this sector have embraced the **IoT** in diverse settings, from maritime and aviation freight to warehousing to packaging delivery. Specific applications include the *real-time tracking*of shipments, *warehouse-capacity*, *predictive asset* maintenance, routing *optimisation*, improved last-mile *delivery*, capacity *sensing, planning and reporting*, energy-efficiency management, and proactive *fault/problem detection and resolution*. The value to customers is determined by the *time, security, traceability, and condition* of their cargo, improves parameters within the T&L service components, *add value* for both businesses and their customers, and focus on cutting costs or increasing efficiency.  The **Maritime IoT Cloud platform** provides *satellite connectivity* on a unified platform and *links vessels* onto the same network, allowing *data sharing* within the organisational ecosystem; fosters *vessel location and status*, *temperature* of refrigerated cargo containers, *connectivity to the Supply Chain*, connects *stakeholders*; *safer and cheaper* ships through *real-time data,* analysis of potential *dangers and inefficiencies*, reducing *risks* and overall *cost*, strengthens *crew welfare*, *protects goods* in transit and maximises *route efficiency*, and adds more operational *decision making*. **Trucking Industry through the IoT** tool, to make vehicles that avoid crashes by making *roads safer and more efficient*; trucks that allows highly *assisted/driverless operations*, reducing *driver fatigue*; a *proximity* control, stop-and-go, emergency brake, and lane-keeping aids; 3-D maps, improvements to *road monitoring* systems, as a stereo camera and radar sensors, which allow for *greater accuracy and improved response times*. Producing vehicles equipped with a “Highway Pilot System” to increase *road safety*, improve *fuel efficiency* reducing *traffic flow*, and improving *fuel economy*.  **Agricultural Internet of Thing technology**.  It is forecasted that by the year 2050, the **AIoT** will increase food production by 70% and be feeding up to 9.6 billion people. It's promises to transform farming and food production in the future are higher *product quality* and *crop supply, productivity, irrigation, resource conservation, and cost control.* The **AIoT**, integrated with Web Map and Sensor Observation Services provides a *solution to managing water requirements, crop water requirements, water supply resources available to reduce waste*, as for example, when water is limited by a drought. The **IoT** ensures accurate and *efficient communication* to farmers of *real time data*related to agricultural processes, like planting, harvesting, weather forecasts, soil quality, availability and cost of labour, and *better plan* their course of activities beforehand to take corrective or preventive measures in advance. With remote visualisation trusted advisers can be involved in *decision-making situations*; a dealer can *remotely diagnose* a machine malfunction.  **Real Estate Management and the use of the IoT**: Real estate, building, and tenant management systems are leading the way on implementing **IoT** technologies by creating *smarter, more efficient* buildings, happier tenants and residents, for *safer, better connected and more environmentally conscious* buildings, by using better *communications tools* through *advanced monitoring and informed decision making*. *A mobile application* allows tenants to place and monitor work; it also serves as an emergency-alert system, direct communication via text messages, emails and automated in the event of a catastrophic event, mitigating *security risks.* **Transforming the Banking Industry with the IoT new** technology makes banking *more convenient and secure*. How? In contactless payment technology, by implementing photo banking services, such as mobile check deposits, mobile photo bill pay, mobile credit card balance transfer, and person-to-person payments; in ways that *meet consumers’ expectations for convenience, security and privacy, improving the consumer experiences.* **The Weather Forecasting industry** implements the **IoT** tools on *safety and environmental monitoring systems* for oil and gas companies in harsh environments, to capture diverse meteorological and oceanographic *data in real time*, and turn that into *information on asset movements and logistics planning,* helping energy companies *increase efficiency, improve safety, and substantially lower risk*; this system allows clients to *make informed decisions* that are saving lives and money. Multiple networks of sensors continuously *measure atmospheric conditions and track the movement* of oil platforms, icebergs and vessels, data that is integrated with weather data collected from the nearby ocean or sensors embedded in highways to broadcast *live data measurements* for pavement temperature and road travel conditions. **The IoT sensors that improve worker safety**: The "fatal four" — falls, electrocutions, strikes by objects and being caught in or between objects—were responsible for nearly 60% of construction worker deaths. The **IoT** technology helps *create a safer environment* for workers by adopting a *wearable sensor-technology* that has real-time and long-term planning applications. If a worker wearing sensors enters a “danger zone”, the system can warn the worker to move to a safer location or automatically shut down the machine. **Predictive Maintenance for Heavy Industry**. A global leader in power and automation technologies has installed a wide variety of power and automation equipment around the globe. To connect these devices and systems the company relies on several **Cloud IoT**solutions, including *data aggregation, statistical analysis, and remote control* rooms that provide *real-time monitoring* of individual machines, and *longitudinal analytics*that allow for accurate *predictive maintenance and save* the company and its clients on *maintenance costs by reducing the time and effort required* for upkeep, and the *costs* associated with unexpected downtime by *fixing machines before* they break. **Transforming Industries with an End-to-End IoT Solution**: The **IoT** technology used by global elevator providers analysis all of the data from the sensors and systems to provide technicians with *real-time diagnostic,* *capabilities* and rich *data visualisation*, to use *predictive modelling* to *prevent* errors or delays before they happen. To equip customers with *insights* at every point of the Supply Chain, *saving* valuable resources and *improving business* operations around the globe, are the most innovative **IoT**solutions offered. This technology brings together a broad spectrum of *software, sensors and devices* to *predict* equipment failures, refines equipment *designs and processes*, reduces *maintenance*, and increases *productivity*. **Virtual Reality:** The **IoT** is all about the *insightful use of big data*. Some sensors transmit data that can be *analysed for trends or used to spot inefficiencies*; human or artificially intelligent decision makers can act upon that information to improve operations*. Data visualisation* is to accurately simulate how products, buildings and other objects perform under different conditions, provides detailed and realistic virtual demonstrations of object-use cases and functionality, and then interact with the design. **IoT**-connected sensors are used to *collect accurate, real-time data* *on atmospheric conditions*, and *combine that data* with inputs about various materials that could be used in a project to simulate real-world performance under conditions likely to occur at the building site.  *[Maximising the value generated through IoT](https://www.prophetic-technology.com/panorama)* *applications ultimately means being able to identify and take advantage of new business models within the ecosystem.* Dave Food   [Prophetic Technology](https://www.prophetic-technology.com/)   - [procurement](https://blog.prophetic-technology.com/topic/procurement) - [supply chain](https://blog.prophetic-technology.com/topic/supply-chain) - [logistics](https://blog.prophetic-technology.com/topic/logistics) - [iot](https://blog.prophetic-technology.com/topic/iot) - [technology](https://blog.prophetic-technology.com/topic/technology) - [inventory](https://blog.prophetic-technology.com/topic/inventory) - [optimisation](https://blog.prophetic-technology.com/topic/optimisation) - [planning](https://blog.prophetic-technology.com/topic/planning) - [internet of things](https://blog.prophetic-technology.com/topic/internet-of-things) - - - ## Post Your Comments Here #### About Us Prophetic Technology is a team of dedicated people that combine their expertise in business domains with a passion to release potential.s every page it appears on. [Learn More \[fa icon="long-arrow-right"\]](https://www.prophetic-technology.com/) #### More Links - [\[fa icon="caret-right"\] Home](https://www.prophetic-technology.com/) - [\[fa icon="caret-right"\] Blog](https://blog.prophetic-technology.com/) - [\[fa icon="caret-right"\] About Us](https://www.prophetic-technology.com/about-us-0) - [\[fa icon="caret-right"\] Contact Us](https://www.prophetic-technology.com/contact-us-old) #### Contact Us \[fa icon="phone"\] +44 1784 741 574 \[fa icon="envelope"\]  [salvador@prophetic-technology.com](mailto:salvador@prophetic-technology.com) [Spring Avenue, Egham, Surrey. TW20 9PJ, UK](mailto:salvador@prophetic-technology.com)[mailto:salvador@prophetic-technology.com](mailto:salvador@prophetic-technology.com)     [\[fa icon="facebook-square"\]Facebook](https://www.facebook.com/pg/PropheticTechnology/about/?ref=page_internal) [\[fa icon="linkedin-square"\]Linkedin](https://www.linkedin.com/company/prophetic-technology/) [\[fa icon="twitter-square"\]Twitter](https://twitter.com/PropheticTechno)  Copyright 2017 | Designed with \[fa icon="heart"\] by [HubSpot](https://www.hubspot.com) \[fa icon="chevron-up"\]Back to top