Internet of Things


Internet of Things: A Transformational Force
Industry Key Change Potential Benefits

  • Automotive and Transportation Real-time driving behaviour, traffic and vehicle diagnostics. Improved customer experience, reduced pollution, increased safety and additional revenue streams.
  • Healthcare Remote monitoring of staff and patients  ability to locate and identify status of  equipment. Improved employee productivity, resource usage and outcomes that result in efficiency gains and cost savings.
  • Manufacturing Quick response to fluctuations in demand; maximized operational efficiency, safety and reliability, using smart sensors and digital control systems. Enhanced agility and flexibility, reduced  energy consumption and carbon footprint.
  • Retail Stock-out prevention through connected  and intelligent supply chains. Ability to predict consumer behaviour and trends, using data from video surveillance cameras, social media, Internet and mobile device usage.
  • Supply Chain Real-time tracking of parts and raw materials, which helps organizations pre-empt problems, address demand fluctuations and efficiently manage all stages of manufacturing. Reduced working capital requirements,  improved efficiencies and avoidance of  disruptions in manufacturing.
  • Infrastructure Smart lighting, water, power, fire, cooling, alarms and structural health systems. Environmental benefits and significant  cost savings with better utilization of  resources and preventive maintenance of critical systems.
  • Oil and Gas Smart components. Reduced operating costs and fuel  consumption.
  • Insurance Innovative services such as pay-as-you-go insurance. Significant cost savings for both insurers  and consumers. Utilities Smart grids and meters.
  • More responsive and reliable services;  significant cost savings for both utilities  and consumers resulting from demand-based and dynamic pricing features.
    Source: Ericsson, M2M Magazine 2013, Zebra Consulting/Forrester Research, IBM, McKinsey & Co.