{"id":3140,"date":"2023-03-27T12:23:11","date_gmt":"2023-03-27T12:23:11","guid":{"rendered":"https:\/\/www.quinnox.com\/?p=3140"},"modified":"2024-01-30T08:55:34","modified_gmt":"2024-01-30T08:55:34","slug":"how-essential-is-iot-adoption-for-your-business-to-succeed","status":"publish","type":"post","link":"https:\/\/www.quinnox.com\/blog\/how-essential-is-iot-adoption-for-your-business-to-succeed\/","title":{"rendered":"CTO Guide: How Essential Is IoT Adoption for Your Business to Succeed?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3140\" class=\"elementor elementor-3140\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d82aa3d elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"d82aa3d\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c09b29f\" data-id=\"c09b29f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t \r\n\t\t<div class=\"elementor-element elementor-element-0e73ed5 elementor-widget elementor-widget-Resource_Detail_Banner\" data-id=\"0e73ed5\" data-element_type=\"widget\" data-widget_type=\"Resource_Detail_Banner.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<section class=\"resource-detail-banner common-banner\" style=\"background-image: url(https:\/\/www.quinnox.com\/wp-content\/uploads\/2022\/09\/banner-detail.png);\">\n            <div class=\"container p-0 h-100\">\n                <div class=\"row align-items-center h-100\">\n                    <div class=\"col-md-7 align-self-center\">\n\t\t\t\t\t<div class=\"breadcrumbs\" typeof=\"BreadcrumbList\" vocab=\"https:\/\/schema.org\/\">\n\n\t\t\t\t\t\t<!-- Breadcrumb NavXT 7.3.1 -->\n<span property=\"itemListElement\" typeof=\"ListItem\"><a property=\"item\" typeof=\"WebPage\" title=\"Go to Quinnox.\" href=\"https:\/\/www.quinnox.com\" class=\"home\" aria-current=\"page\"><span property=\"name\">Home<\/span><\/a><meta property=\"position\" content=\"1\"><\/span>\n\t\t\t\t\t\t<\/div>\n                        <h1 class=\"main-title\">CTO Guide: How Essential Is IoT Adoption for Your Business to Succeed?\n<\/h1>\n                        <p class=\"author\"><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n                    <\/div>\n                    <div class=\"col-md-5 align-self-center\">\n\t\t\t\t\t\t <img decoding=\"async\" class=\"lazyimagenew\" alt=\"Integrate innovative IoT solutions\" src=\"https:\/\/www.quinnox.com\/wp-content\/uploads\/2023\/03\/Desktop-Banner.webp\"\/>\n                    <\/div>\n\t\t\t\t\t<span 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text-right\">\n\t\t<p><span class=\"wpcf7-form-control-wrap\" data-name=\"acceptance-831\"><span class=\"wpcf7-form-control wpcf7-acceptance\"><span class=\"wpcf7-list-item\"><label><input type=\"checkbox\" name=\"acceptance-831\" value=\"1\" aria-invalid=\"false\" \/><span class=\"wpcf7-list-item-label\">By submitting this form, you hereby agree that we may collect, store and process your data that you provided. <a href=\"\/privacy-policy\/\">Read our Privacy Policy<\/a><\/span><\/label><\/span><\/span><\/span><br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"sourceurl\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text current-url\" aria-invalid=\"false\" value=\"\" type=\"text\" name=\"sourceurl\" \/><\/span><br \/>\n<input class=\"wpcf7-form-control wpcf7-submit has-spinner\" type=\"submit\" value=\"Submit\" \/>\n\t\t<\/p>\n\t<\/div>\n<\/div><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<span class=\"form-popup\">\n\t\t\t\t\t\t<div class=\"modal fade event-popup\" id=\"custom-form\" role=\"dialog\">\n\t\t\t\t\t\t\t<div class=\"modal-dialog\">\n\t\t\t\t\t\t\t\t<div class=\"modal-content\">\n\t\t\t\t\t\t\t\t\t<div class=\"modal-body\">\n\t\t\t\t\t\t\t\t\t\t<button type=\"button\" class=\"close\" data-bs-dismiss=\"modal\" aria-label=\"Close\">x<\/button>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/span>\n                <\/div>\n            <\/div> \n\n        <\/section>\n    \n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8df9b34 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8df9b34\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9cfa3bb\" data-id=\"9cfa3bb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-d564819 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"d564819\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-d10931c\" data-id=\"d10931c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1dd27eb elementor-widget elementor-widget-heading\" data-id=\"1dd27eb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Dear CTO,<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-d8450cb\" data-id=\"d8450cb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cc3aa05 elementor-widget elementor-widget-single_share\" data-id=\"cc3aa05\" data-element_type=\"widget\" data-widget_type=\"single_share.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\r\n<section class=\"single-share\" id=\"share\">\r\n\t<div class=\"container\">\r\n\t\t<div class=\"single-events-detail\">\r\n\t\t\t<div class=\"row\">\r\n\t\t\t\t<div class=\"col-lg-12 col-md-4 align-self-center\">\r\n\t\t\t\t                <\/div>\r\n                <div class=\"col-lg-12 col-md-8 align-self-center justify-content-end\">\r\n\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\r\n                        <ul>\r\n                            <li><a class=\"fb\" target=\"_blank\" href=\"http:\/\/www.facebook.com\/sharer.php?u=https:\/\/www.quinnox.com\/blog\/how-essential-is-iot-adoption-for-your-business-to-succeed\/&amp;t=CTO Guide: How Essential Is IoT Adoption for Your Business to Succeed?\"><\/a><\/li>\r\n                            <li><a class=\"tw\" target=\"_blank\" href=\"\/\/twitter.com\/share?url=https:\/\/www.quinnox.com\/blog\/how-essential-is-iot-adoption-for-your-business-to-succeed\/\"><\/a><\/li>\r\n                            <li><a class=\"ln\" target=\"_blank\" href=\"http:\/\/www.linkedin.com\/shareArticle?mini=true&amp;title=CTO Guide: How Essential Is IoT Adoption for Your Business to Succeed?&amp;url=https:\/\/www.quinnox.com\/blog\/how-essential-is-iot-adoption-for-your-business-to-succeed\/\"><\/a><\/li>\r\n                        <\/ul>\r\n           \r\n                <\/div>\r\n            <\/div>  \r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/section> \r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-ad7f5aa elementor-widget elementor-widget-text-editor\" data-id=\"ad7f5aa\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The digital upsurge empowered businesses to better monitor, track, uncover, and analyze customer data leveraging IoT for greater competitive advantage and an enhanced customer experience (CX). 83% of businesses that implemented IoT have witnessed improvement in operational efficiency, increased profitability, and reduced costs.<\/p><p>The Internet of Things (IoT) is a rewarding technology that can generate an economic elevation of up to 11 trillion dollars, report sources. Furthermore, the global IoT market is estimated to be worth $2.4 trillion, with more than 41 billion connected devices by 2027. Therefore, looking at these staggering numbers, it won&#8217;t be wrong to say that every business should integrate innovative IoT solutions into their existing systems to ripe its benefits without further delay.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f507be7 elementor-widget elementor-widget-image\" data-id=\"f507be7\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.quinnox.com\/wp-content\/uploads\/elementor\/thumbs\/How-Essential-Is-IoT-Adoption-for-Your-Business-to-Succeed-1-q799rz91hsg4lq82wwfutq2tqseyp42ke8dz10ekrk-qc3elz5of6m2jucawygek61izkai6h2skm06xrdzmo.webp\" title=\"How-Essential-Is-IoT-Adoption-for-Your-Business-to-Succeed-1-q799rz91hsg4lq82wwfutq2tqseyp42ke8dz10ekrk\" alt=\"How-Essential-Is-IoT-Adoption-for-Your-Business-to-Succeed-1-q799rz91hsg4lq82wwfutq2tqseyp42ke8dz10ekrk\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce605b1 elementor-widget elementor-widget-text-editor\" data-id=\"ce605b1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As a CTO of your organization, you are in a unique position to build a technology backbone of your organization that is future-proof, and in that process, IoT can prove an effective tool. Through interactions and real-time data collection, connected smart devices can help you make informed decisions and deliver personalized experiences to increase customer loyalty and satisfaction, ultimately leading to increased revenue flow.<\/p>\n\n<p>Furthermore, let us give you some real-world use cases of IoT and how it has helped leading businesses. For instance, Bosch Rexroth, a leading manufacturer of hydraulic components and systems implemented predictive maintenance solutions that leverages IoT technology to monitor the performance of their machines for real-time insights. The sensor integrated machines helped the company collect data on pressure, temperature, and vibration. Also, they leveraged Machine learning algorithms to analyze this collected data to predict maintenance schedule. With IoT in place, Bosch Rexroth could improve productivity, reduce downtime, and lower maintenance costs.<\/p>\n\n<p>This blog post will explore how IoT technology can benefit your business. Let\u2019s have a look at the benefits IoT offers:<\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-88b80bc elementor-widget elementor-widget-heading\" data-id=\"88b80bc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Inventory Management and Asset Tracking <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a62f8d3 elementor-widget elementor-widget-text-editor\" data-id=\"a62f8d3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>According to <strong>McKinsey Global Institute analysis,<\/strong> IoT&#8217;s potential contribution to supply chain management, inventory management, and logistics could reach between $560 billion and $850 billion by 2025. With connected sensors in the facility, businesses can monitor the movement and use of material and other assets in their warehouse and track inventory levels with real-time updates. Smart warehouse management enabled by IoT is helping to create more efficient processes and eliminate expensive mistakes due to incorrect inventory readings or equipment locations. <\/p>\n\n<p>IoT can help organizations track down items in the supply chain that have gone missing in transit and manage inventory through certain automated control choices using IoT Applications. Furthermore, IoT-enabled surveillance systems can help prevent thefts before they happen, saving millions.<\/p>\n\n\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d7be5c elementor-widget elementor-widget-image\" data-id=\"7d7be5c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.quinnox.com\/wp-content\/uploads\/elementor\/thumbs\/Inventory-Management-and-Asset-Tracking--scaled-q799rz91hsg4lq82wwfutq2tqseyp42ke8dz10ekrk.webp\" title=\"Inventory Management and Asset Tracking\" alt=\"Inventory Management and Asset Tracking\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81c93c0 elementor-widget elementor-widget-text-editor\" data-id=\"81c93c0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tFor instance, GE Digital used sensors and RFID tags to track the movement of their assets, such as tools, equipment, and materials, and collect data to improve asset utilization, reduce inventory waste and optimize production scheduling.\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a59eac4 elementor-widget elementor-widget-heading\" data-id=\"a59eac4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Data Exchange and Perception <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7876bb7 elementor-widget elementor-widget-image\" data-id=\"7876bb7\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.quinnox.com\/wp-content\/uploads\/elementor\/thumbs\/Data-exchange-and-perception-scaled-q799ryb7ayeua49g2e1898bd5ejlheyu23qhjqfyxs.webp\" title=\"Data exchange and perception\" alt=\"Data exchange and perception\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64f5ae9 elementor-widget elementor-widget-text-editor\" data-id=\"64f5ae9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tData collection and transmission are critical in all corporate processes, and the introduction of IoT has transformed data processing. IoT apps track the patterns in which users connect with the device and provide wider access to user data. The program learns from patterns, improves intelligence, and provides a better user experience. The data offer insights into customer requirements, the buyer cycle, the possibility for improvement and inventions, and marketing and advertising tactics. \n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9feb349 elementor-widget elementor-widget-heading\" data-id=\"9feb349\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Creating New Product Lines <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-066bf2a elementor-widget elementor-widget-text-editor\" data-id=\"066bf2a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tProduct-based businesses may use the predictive maintenance algorithm built into the IoT platform to monitor the performance of their products. The ability to move IoT data throughout an organization&#8217;s customer and partner ecosystem opens up new avenues for innovation through continuous engagement and value-added services. \n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c295ea6 elementor-widget elementor-widget-text-editor\" data-id=\"c295ea6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tIn fact, as per a recent <em>Forbes Insights survey<\/em>, 60% of enterprises agreed to have expanded or transformed with new lines of business with the help of IoT initiatives. While 63% of the surveyed 700 executives have already started delivering new or updated services leveraging their IoT capabilities. \n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-97fe46c elementor-widget elementor-widget-single_ad\" data-id=\"97fe46c\" data-element_type=\"widget\" data-widget_type=\"single_ad.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<section class=\"single-ad\">\r\n            <div class=\"container\">\r\n                <div class=\"row\">\r\n\t\t\t\t\t<div class=\"col-md-10 mx-auto\">\r\n\t\t\t\t\t\t<div class=\"row padd\">\r\n\t\t\t\t\t\t\t<div class=\"col-lg-5 col-md-4  align-self-center\">\r\n\t\t\t\t\t\t\t\t<img decoding=\"async\" class=\"lazyimagenew\" alt=\"Case-study\" src=\"https:\/\/www.quinnox.com\/wp-content\/uploads\/2023\/04\/sustainability-and-technology.webp\"\/>\r\n\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t<div class=\"col-lg-7 col-md-8 align-self-center\">\r\n\t\t\t\t\t\t\t\t<h4>Gartner Integrity Maturity Model<\/h4>\r\n\t\t\t\t\t\t\t\t<p>Report for leaders to identify existing gaps in integration capabilities, develop integration strategy, and embrace best practices for self-service integration.<\/p>  \r\n\t\t\t\t\t\t\t\t<p class=\"btn-wrap\"><a class=\"blue-arrow\" href=\"\/gartners-integration-maturity-model\/\">Read more<\/a><\/p>\r\n\t\t\t\t\t\t\t<\/div>\r\n                \t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n                <\/div>\r\n            <\/div> \r\n        <\/section>\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8e7006d elementor-widget elementor-widget-heading\" data-id=\"8e7006d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Encouraging Successful Business Strategies <\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a2ac0b elementor-widget elementor-widget-text-editor\" data-id=\"9a2ac0b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tWith internet-connected gadgets, businesses may comprehensively understand their consumers&#8217; preferences and utilize this information to design revenue-generating initiatives. Once a company is efficient enough to handle and respond to massive amounts of data, it is in a favorable position to develop plans that satisfy its consumers&#8217; demands. \n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d39105 elementor-widget elementor-widget-image\" data-id=\"9d39105\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.quinnox.com\/wp-content\/uploads\/elementor\/thumbs\/Encouraging-Successful-Business-Strategies--scaled-q799ryb7ayeua49g2e1898bd5ejlheyu23qhjqfyxs.webp\" title=\"Encouraging Successful Business Strategies\" alt=\"Encouraging Successful Business Strategies\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e2e52a1 elementor-widget elementor-widget-text-editor\" data-id=\"e2e52a1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tFurthermore, data insights aid in client segmentation and the generation of personalized offers to increase consumer happiness and enhance their experience. \n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e65a525 elementor-widget elementor-widget-heading\" data-id=\"e65a525\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Delivering Real-Time Insights<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b125d54 elementor-widget elementor-widget-text-editor\" data-id=\"b125d54\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tIoT allows organizations to get real-time data from processes, equipment, and people through sensors. Companies are being transformed by more visibility into their business processes and customer interactions.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a66d41b elementor-widget elementor-widget-image\" data-id=\"a66d41b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.quinnox.com\/wp-content\/uploads\/elementor\/thumbs\/Real-time-insights-scaled-q799rz91hsg4lq82wwfutq2tqseyp42ke8dz10ekrk.webp\" title=\"Real-time insights\" alt=\"Real-time insights\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ed5c71e elementor-widget elementor-widget-text-editor\" data-id=\"ed5c71e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tFor instance, real-time data from processes, devices, and people is transforming the retail industry. Retailers can stock items on-shelf and enhance profitability through effective sales and stock management strategies based on real-time buyer insights. \n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2935902 elementor-widget elementor-widget-heading\" data-id=\"2935902\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Enhancing the Customer Experience <\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-020530d elementor-widget elementor-widget-text-editor\" data-id=\"020530d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tIn today&#8217;s highly connected digital world, customers can be picky and demand a more tailored experience. To remain competitive, businesses must proactively engage with their customers and design services that meet their specific needs. While happy customers can generate more revenue, dissatisfied customers may damage the brand reputation and cause a loss of income. This is where IoT technology may benefit businesses, providing enhanced tools to the support team for monitoring customer issues and addressing them before they get escalated. \n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-74bd7df elementor-widget elementor-widget-image\" data-id=\"74bd7df\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.quinnox.com\/wp-content\/uploads\/elementor\/thumbs\/Enhancing-customer-experience-scaled-q799ryb7ayeua49g2e1898bd5ejlheyu23qhjqfyxs.webp\" title=\"Enhancing customer experience\" alt=\"Enhancing customer experience\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec74fb2 elementor-widget elementor-widget-text-editor\" data-id=\"ec74fb2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tFurthermore, integrating chatbots and artificial intelligence into existing systems is helping organizations improve customer satisfaction with timely issue resolution and extending customer support. \n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-14432a5 elementor-widget elementor-widget-heading\" data-id=\"14432a5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Building Sustainable Businesses <\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-adef82d elementor-widget elementor-widget-text-editor\" data-id=\"adef82d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Analysis shows that 84% of existing deployments are already addressing or have the capacity to address the UN&#8217;s Sustainable Development Goals. IoT technology helps build energy-efficient processes and felicitates greater use of renewable resources to help minimize the impact increasing businesses have on the environment. <\/p>\n\n<p>For example, by using data collected from sensors, businesses can identify opportunities for energy savings. Moreover, companies can use IoT-enabled devices to monitor their environmental impact and implement strategies to reduce their carbon footprint. One of the leading steel and mining companies implemented IoT solutions to collect data on energy production and consumption which helped them identify areas for energy optimization and reduce resource wastage. Thanks to sensor-enabled machines, the company could reduce energy consumption and achieve sustainability goals.<\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ffb552 elementor-widget elementor-widget-single_ad\" data-id=\"6ffb552\" data-element_type=\"widget\" data-widget_type=\"single_ad.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<section class=\"single-ad\">\r\n            <div class=\"container\">\r\n                <div class=\"row\">\r\n\t\t\t\t\t<div class=\"col-md-10 mx-auto\">\r\n\t\t\t\t\t\t<div class=\"row padd\">\r\n\t\t\t\t\t\t\t<div class=\"col-lg-5 col-md-4  align-self-center\">\r\n\t\t\t\t\t\t\t\t<img decoding=\"async\" class=\"lazyimagenew\" alt=\"Case-study\" src=\"https:\/\/www.quinnox.com\/wp-content\/uploads\/2022\/08\/Core-Cloud-Competency-1.webp\"\/>\r\n\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t<div class=\"col-lg-7 col-md-8 align-self-center\">\r\n\t\t\t\t\t\t\t\t<h4>Case Study<\/h4>\r\n\t\t\t\t\t\t\t\t<p>A globally recognized cloud-based vendor management solution to enable quick turnaround time<\/p>  \r\n\t\t\t\t\t\t\t\t<p class=\"btn-wrap\"><a class=\"blue-arrow\" href=\"\/case-study\/a-globally-recognized-cloud-based-vendor-management-solution\/\">Read More<\/a><\/p>\r\n\t\t\t\t\t\t\t<\/div>\r\n                \t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n                <\/div>\r\n            <\/div> \r\n        <\/section>\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-efb90e8 elementor-widget elementor-widget-heading\" data-id=\"efb90e8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Moving Forward<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b13764 elementor-widget elementor-widget-text-editor\" data-id=\"2b13764\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Bringing together data and intelligence, IoT is helping organizations discover new ideas, make informed decisions, and explore the plethora of opportunities available in the market. Considering the growing popularity of IoT among business leaders, there is no doubt that the evolving IoT landscape is a compelling value proposition and a key driver of business transformation that enterprises want to take advantage of.<\/p>\n\n<p>However, adopting IoT technology can be a challenging and tedious if you lack the proficiency and the right tools. Hence, the best way to move forward with your IoT integrations is to take help from experts who are skilled in the technology and can help accelerate success through innovative solutions aligned with your unique business goals.<\/p>\n\n<p>If you still haven&#8217;t joined the IoT bandwagon, reach our experts at <a href=\"https:\/\/www.quinnox.com\/contact-us\/\">Quinnox<\/a> to help make your digital transformation journey impactful, result oriented and profitable. Reach us if you need our expert help today!<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bc878c8 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"bc878c8\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-128d6cf\" data-id=\"128d6cf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9d5f697 elementor-widget elementor-widget-insights_section\" data-id=\"9d5f697\" data-element_type=\"widget\" data-widget_type=\"insights_section.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<section class=\"insights section\" id=\"insights\"> \n\n\t\t<div class=\"container-fluid\">\n\n\t\t\t<div class=\"row\">\n\n\t\t\t\t<div class=\"col-md-11 mx-auto\">\n\n\t\t\t\t\t<div class=\"row\">\n\n\t\t\t\t\t\t<div class=\"col-md-12 title-wrap\">\n\t\t\t\t\t\t\t<h4>Related Insights<\/h4>\n\t\t\t\t\t\t\t<p><\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t<div class=\"row h-blog\">\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"col-lg-4 col-md-6\">\n\n\t\t\t\t\t\t\t\t\t\t<div class=\"single-blo\">\n\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"content1\">\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\tCase study \n\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"feature-img-parent\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"feature-img\" style=\"background-image:url('https:\/\/www.quinnox.com\/wp-content\/uploads\/2022\/08\/Core-Cloud-Competency-1.webp')\"><\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"content\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span>Digital<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t\t<h4>A globally recognized cloud-based vendor management solution to enable quick turnaround time<\/h4>\n\n\t\t\t\t\t\t\t\t\t\t\t\t<p>In its early stage of inception, the client required a SaaS-based platform for highly con\ufb01gurable Vendor Management System.<\/p> \n\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"blue-btn\" href=\"https:\/\/www.quinnox.com\/case-study\/a-globally-recognized-cloud-based-vendor-management-solution\/\">Read more<\/a>    \n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<\/div> \n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\n                                    \n\t\t\t\t\t\t\t\t\t<div class=\"col-lg-4 col-md-6\">\n\n\t\t\t\t\t\t\t\t\t\t<div class=\"single-blo\">\n\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"content1\">\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\tBlogs \n\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"feature-img-parent\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"feature-img\" style=\"background-image:url('https:\/\/www.quinnox.com\/wp-content\/uploads\/2022\/08\/Oracle_SolutionsEnablers_1.webp')\"><\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"content\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span>IOT<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t\t<h4>IOT in Financial Services<\/h4>\n\n\t\t\t\t\t\t\t\t\t\t\t\t<p>The Internet of Things (IoT) is booming. There are staggering statistics about the number of connected devices.<\/p> \n\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"blue-btn\" href=\"https:\/\/www.quinnox.com\/blog\/iot-in-financial-services-insights\/\">Read more<\/a>    \n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<\/div> \n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\n                                    \n\t\t\t\t\t\t\t\t\t<div class=\"col-lg-4 col-md-6\">\n\n\t\t\t\t\t\t\t\t\t\t<div class=\"single-blo\">\n\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"content1\">\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\tBlogs \n\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"feature-img-parent\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"feature-img\" style=\"background-image:url('https:\/\/www.quinnox.com\/wp-content\/uploads\/2023\/03\/Utility-Industry-5.webp')\"><\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"content\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span>Energy and utility<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t\t<h4>5 Trends to Follow to Transform Customer Experience in Utilities<\/h4>\n\n\t\t\t\t\t\t\t\t\t\t\t\t<p>According to the Salesforce report, 80% of customers consider experience as important as a company\u2019s products and services.\n\n<\/p> \n\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"blue-btn\" href=\"https:\/\/www.quinnox.com\/blog\/five-customer-experience-trends-to-watch-for-in-the-energy-and-utility-industry\/\">Read more<\/a>    \n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<\/div> \n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\n                                    \t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/section>\n\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The digital upsurge empowered businesses to better monitor, track, uncover, and analyze customer data leveraging IoT for greater competitive advantage and an enhanced customer experience(CX). <\/p>\n","protected":false},"author":2,"featured_media":3157,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"inline_featured_image":false,"footnotes":""},"categories":[18],"tags":[48],"class_list":["post-3140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-iot"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.quinnox.com\/wp-json\/wp\/v2\/posts\/3140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.quinnox.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.quinnox.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.quinnox.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.quinnox.com\/wp-json\/wp\/v2\/comments?post=3140"}],"version-history":[{"count":0,"href":"https:\/\/www.quinnox.com\/wp-json\/wp\/v2\/posts\/3140\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.quinnox.com\/wp-json\/wp\/v2\/media\/3157"}],"wp:attachment":[{"href":"https:\/\/www.quinnox.com\/wp-json\/wp\/v2\/media?parent=3140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.quinnox.com\/wp-json\/wp\/v2\/categories?post=3140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.quinnox.com\/wp-json\/wp\/v2\/tags?post=3140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}