IOT handbook: Why entrepreneurs need to consider IoT in improving customer experience

Forums General Discussions (General) IOT handbook: Why entrepreneurs need to consider IoT in improving customer experience

Tagged: 

  • This topic has 1 voice and 0 replies.
Viewing 0 reply threads
  • Author
    Posts
    • #37029
      Telegram SmartBoT
      Moderator
      • Topic 5959
      • Replies 0
      • posts 5959
        @tgsmartbot

        #News(Startup) [ via IoTGroup ]


        Headings…
        IOT handbook: Why entrepreneurs need to consider IoT in improving customer
        From pills to planes: The growth story of Internet of Things
        What value can entrepreneurs unearth with IoT?
        Business process transformation
        Data-driven revenue models
        Connected for a reason: Benefits of IoT in driving customer engagement
        IoT as a driver of connected customer experience
        Caution: Internet of Threats ahead
        Deep tech at sea: this startup helps fishermen in India to take IoT-enabled
        Related Tags

        Auto extracted Text……

        In its truest form, Internet of Things (IoT) is a digital mesh of internet-connected devices.
        Smart houses, wearable devices, smart retail stores, connected cars, are all classic examples of IoT.
        New-gen entrepreneurs whose businesses are reliant on virtual connections must take IoT seriously to improve customer experience.
        PwC estimates that by 2020, 11.2 billion Internet of Things devices would be installed globally.
        What value can entrepreneurs unearth with IoT?
        IoT can help entrepreneurial pursuits reach the market faster and interact with their customers in a whole new way.
        It also gives entrepreneurs an uncanny ability to remotely manage and monitor Internet-connected things, and the services that they offer to customers.
        IoT will enable businesses to plug a critical gap in real-time data collection from remote devices.
        Imagine the business efficiency that can be achieved if real-time data from connected devices can be collected and disseminated?
        IoT analytics can unearth new revenue avenues, better customer service, cost reduction and also improved competitive advantage.
        Connected for a reason: Benefits of IoT in driving customer engagement
        What follows is not a hypothetical possibility, but real-life use cases and applications of IoT in customer engagement.
        IoT gives hyper-connectivity (wearables)
        IoT enables proactive service (connected cars, predictive maintenance, etc.)
        IoT sensors that are stuck to major automotive components help monitor vital stats like engine performance, brake health, driving pattern, tire pressure among many other things.
        Ericsson’s connected car is a perfect example of IoT-enabled proactive customer.
        IoT delivers new experiences (cashless shopping – Amazon Go)
        IoT has the potential to revamp how customers have been shopping and ordering for their wares.
        The recent launch of Amazon Go cashierless store and Amazon Dash button are all perfect examples of this new IoT-driven customer experience


        Read More..
        AutoTextExtraction by Working BoT using SmartNews 1.0299999999 Build 26 Aug 2019

    Viewing 0 reply threads
    • You must be logged in to reply to this topic.