The Internet of Things started off as a move toward more data; now it is evolving into a tool for greater efficiency. Recent statistics reveal that the healthcare, transportation, and manufacturing industries, in particular, are showing high IoT adoption rates—and they are realizing significant business value from this move.
For example, the transportation industry will save 117 million barrels of oil over 10 years by using connected vehicles, analyzing energy use, and optimizing route efficiency. Vehicles that are connected to real-time traffic data and emergency services also improve transport safety, keeping the goods and the people they carry away from harm.
IoT usage in the manufacturing industry is still in its infancy, but a whopping 82% of large companies that have already adopted IoT solutions are now enjoying the many benefits of smart manufacturing. They are able to manage their physical productions more efficiently to prevent interruptions and minimize downtime. They also monitor their inventory on a real-time basis, enabling them to control costs better and in many cases, lower prices.
In the high-speed healthcare field, IoT solutions add a lot of value as they streamline patient processing, shortening wait times and ensuring that people get the care they need immediately. Doctors are now able to do patient checkups remotely via connected devices, thereby reducing (and even eliminating) administrative as well as resource costs associated with scheduling routine visits. Patients receive high quality care without having to take several hours off from work.
There is no doubt that IoT solutions are useful across all industries. Large corporations have started using these tools to drive efficiency and revolutionize their operations—and the trend is quickly being adopted by smaller companies as well. IoT devices and technologies have the power to allow companies of all sizes reduce waste while increasing profits.
For example, the transportation industry will save 117 million barrels of oil over 10 years by using connected vehicles, analyzing energy use, and optimizing route efficiency. Vehicles that are connected to real-time traffic data and emergency services also improve transport safety, keeping the goods and the people they carry away from harm.
IoT usage in the manufacturing industry is still in its infancy, but a whopping 82% of large companies that have already adopted IoT solutions are now enjoying the many benefits of smart manufacturing. They are able to manage their physical productions more efficiently to prevent interruptions and minimize downtime. They also monitor their inventory on a real-time basis, enabling them to control costs better and in many cases, lower prices.
In the high-speed healthcare field, IoT solutions add a lot of value as they streamline patient processing, shortening wait times and ensuring that people get the care they need immediately. Doctors are now able to do patient checkups remotely via connected devices, thereby reducing (and even eliminating) administrative as well as resource costs associated with scheduling routine visits. Patients receive high quality care without having to take several hours off from work.
There is no doubt that IoT solutions are useful across all industries. Large corporations have started using these tools to drive efficiency and revolutionize their operations—and the trend is quickly being adopted by smaller companies as well. IoT devices and technologies have the power to allow companies of all sizes reduce waste while increasing profits.
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