As per a new report from MarketResearch.com, the healthcare segment of Internet of Things is expected to be $117 billion by 2020. The healthcare industry is seeing rapid developments around patient care solutions. The use of sensors, wearable devices and increased health awareness is creating a revolution in the healthcare industry. The driving objectives are providing best patient care solutions, improving patient connectivity with clinics and proactive patient care with realtime data.
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The web is a platform with over 3 billion users. It is a great avenue for brands to generate traction and showcase themselves on a global scale. Most purchases in today’s world start with a search engine query about the product or service. The website of a business plays a pivotal role in creating brand awareness on the web. A strong brand on the web can make a business stand out from the competition and open up new avenues for growth. The customers today are relying on digital channels for collecting information about brands, their websites, company details etc before making the purchase. As per McKenzie, more than 50% of customers make their purchasing decisions online; the web is increasingly influencing buyer’s decisions. A great corporate website is one of the most important ways to leverage the web.
The world is changing faster than ever before. Companies today are facing the heat when it comes to the disruptions brought by technology. The rate at which the market dynamics change make it tough for companies to relax. What is ruling the industry today may become obsolete tomorrow. The consumers are having plethora of choices. So, how can a company stay relevant, handle the pressure of competition from unknown quarters and stay abreast of the latest changes? The most successful businesses are prepared to handle change, they innovate and evolve with trends shaping the world.
Cloud has become an indispensable mode of business agility, improved services, scalability and cost savings. Businesses around the world are leveraging the cloud benefit for transforming their existing systems. We live in a world where cloud is powering almost all technological advancements. Gone are the days to legacy software, which are struggling to keep pace with the latest advancements in technology. Customers today want to seize and respond to opportunities quickly, they need tools to make these decisions. Cloud is an enabler for enterprises to make it happen by providing a connected business processes and ecosystem.
As per the ISO 55000 standards, Asset Management is co-ordinated activity to realise value from assets. In this study, we explore the benefits of internet of assets from a case study of corporates using asset management system. The Internet of Assets connects the assets of an organisation & derives meaningful representation of data to take actions for lifecycle management of assets. It involves realtime tracking, monitoring health status and using predictive analysis to improve assets performance & life.
Only 13% executives are satisfied with the performance of their field service operations, as per a study conducted by IDC. 54% of them admitted suffering from poorly designed business process services. The biggest challenge for businesses is not competitors but their own inefficiencies. With the growing competition from unknown corners, the organisations are looking at different avenues to refine and improve their services. Field Service Automation is an area where companies are looking to improve co-ordination of their sales, service information with realtime communication. The field service team typically uses a mobile device, or a handheld system to capture data from the client side, the data is then sent to the centralised system realtime.