How IOT is Driving Digital Transformation

IOT

The Internet of Things (IoT) is a broad term that can be applied to anything that connects to or uses the internet, including people, machines, and objects. IoT started with human-to-machine interactions and evolved to include machine-to-machine interactions that need no human involvement. Devices and people within the scope of IoT can connect with one another, collect data, and send data back and forth. 

For example, if you have a newer model car, it likely has sensors that collect information as you drive. For the most part, these sensors do not provide any alerts or messages unless something is wrong. If a sensor is triggered, it can send data to your smartphone letting you know of an issue with your vehicle. It can also provide safety and diagnostic information to the car manufacturer so they can improve the design of the vehicle in the future.

With so many smart devices connected across the globe and through the cloud, the Internet of Things has expanded rapidly in the last decade. Devices have been created and added to IoT that monitor your home, your car, your heart rate, and exercise, and your business among many other things. The connections IoT providers allow companies to automate processes within their organization, saving time and money. A farmer can use microchips in his sheep to monitor the animals and generate reports on their health. Farming equipment companies can also utilize this data to provide better products and services. All data points in this ecosystem are working together and sharing information to become more efficient.

What is Digital Transformation?
Digital transformation refers to the rapidly changing technology that is available to businesses and individuals today. Companies that can adapt to the ever-changing digital world are more likely to succeed and be efficient. These organizations utilize cloud computing services and flexible business models to handle digital transformation as it arrives. This process ensures that businesses are always at the forefront of their industry and able to keep up with growing demand.

In essence, digital transformation is exactly what it sounds like. It involves digital technology that changes or transforms all aspects of a business. Technology has and continues to change the way businesses manage inventory, develop new products, communicate with customers, fulfill orders, and so much more. It is impossible to anticipate all of the ways technology will transform the way we do business, so it is important for organizations to be flexible and ready to adopt new technology. 

What is IoT-Driven Digital Transformation?
The expansion of the Internet of Things both causes digital transformation and helps companies adapt to the constantly changing world of technology. Through IoT, more devices and people are communicating than ever before, and that number will only increase. All of these smart devices and connection points are collecting massive amounts of data and delivering it through the IoT and its incalculable number of connections. Much of this data is available in real-time instead of through reports that used to take considerable manual labor to put together. The higher levels of available data and the constant connectivity of devices and people offer businesses unique opportunities to improve their processes and better serve their customers. 

Companies that are able to utilize cloud computing and flexible processes will find it easier to incorporate IoT into their business plan. By increasing the amount of data collected and analyzed, businesses can create better products and services and provide a higher level of service to their customers. An unthinkable number of devices are projected to join the IoT in the near future. It is important for modern businesses to prepare for and adapt to the changes in technology that will impact their business and customers. 

With so much data available, it can be difficult to sift through and make effective use of the information. Companies must identify their goals for digital transformation and the specific ways they want to make their organization more efficient or better serve their clients. Having these items in mind can provide a clearer path to determining which data points are most important within IoT, which ones you can expand on, and which ones you can leave out. It is not possible for an organization to analyze and incorporate all of the data they collect, so having a priority list is a must for digital transformation. Also, it is valuable for organizations to have a flexible plan or process in place to handle changes as they arrive. Like we noted earlier, the Internet of Things is constantly expanding. Businesses must be able to adapt to new technology and information that can serve their customers without getting distracted by irrelevant data points. 

How can Pronix Assist with Digital Transformation? 
Pronix is a technology leader, helping businesses adapt to the ever-changing landscape of digital technology. The expansion of IoT has made it necessary for companies to adapt as technology changes. It can be overwhelming to take this project on, but Pronix is your guide throughout your digital transformation. Pronix will help you plan, organize, and implement organizational changes to better leverage the data available through IoT. With Pronix as your partner in digital transformation, your organization can become more effective and efficient, better serving your clients every day.

Learn more about how Pronix can assist in your company’s digital transformation at https://pronixinc.com/services/digital-transformation