With the Internet of Things (IoT) predicted to create $5 trillion in economic value in B2B settings, this presentations looks at five business uses connected technology and data to work smarter, more efficiently and drive better outcomes, in fields from audit to healthcare.
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While most conversations about the
Internet of Things (IoT) focus on
consumer applications, McKinsey
estimates that business-to-business
applications will account for nearly 70%
percent of the value the technology will
create.
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6. Drones as auditors
◇ To facilitate their
auditors’ inventory
observations, Big Four
auditor EY has been
experimenting with
drones to automate
the stock count.
◇ Working after hours,
the drones use optical
recognition
technology to work
autonomously, flying
through warehouses
to scan the stock and
send the data to EY’s
central audit app.
◇ With successful trials
across a range of
sectors, the initiative
aims to improve the
data captured during
the stock check but
also reduce the time
spent on manual stock
checks.
◇ This gives the audit
team more resource to
focus on risk
identification.
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8. Connected freight ships
◇ Known by consumers
for the old Sony
Ericsson phones,
Swedish
communications
company Ericsson
manages a huge
range of business
applications including
Ericsson Maritime
ICT.
◇ Providing a digital
infrastructure to
increase the efficiency
of shipping, the
Maritime ICT Cloud
system automatically
provides all connected
vessels with traffic,
cargo, port, weather
and safety
information that
would normally be
manually updated.
◇ Using onboard
sensors to track vessel
location, speed and
temperature, the cloud
system can also
support facilities
including monitoring
engines and fuel
consumption,
overseeing routes and
navigation, and
ensuring the comfort
of the crew.
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10. Personally controlled offices
◇ Simultaneously
solving office politics
and making more
efficient use of a
building’s heating,
ventilation and air
conditioning (HVAC),
the Comfy workplace
app puts an office’s
temperature and
lighting controls in
the hands of
employees.
◇ The app allows each
person to set the
temperature and
lighting conditions for
any workspace they
are in.
◇ By learning common
patterns and
preferences, the
system automatically
tunes the environment
for the optimum
comfort of all.
◇ Oxford Properties
rolled out Comfy to
support their tenant,
Cisco, in Toronto.
◇ Over 73% of Cisco
employees reported
that they felt more
productive.
◇ The building saved
almost 16% in HVAC
energy, reducing costs
and helping the
environment.
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12. Better healing through
technology
◇ There’s more to B2B
app developers than
climate control – the
Woundcare Buddy
app has been
designed for global
health professionals
to easily access their
organization’s wound
management
guidelines on the go.
◇ Where nurses may
have needed to
consult senior nurses
or specialists when
faced with a complex
wound, the app gives
them quick
information at their
fingertips so they can
proceed with fast
treatment and
improve patient
outcomes.
◇ Analytics from the app
helps health
organizations then
identify what
information is being
used and when,
enabling them to
develop training and
best practice
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14. Better data makes better crops
◇ Illinois manufacturer
John Deere builds
agricultural,
construction, and
forestry machinery,
and diesel engines
used in heavy
equipment as well as
lawn care equipment.
◇ Fusing their
manufacturing
knowhow with the
power of data, they
have created a system
for agricultural data
and automation,
combining soil sensors,
semi-autonomous
connected tractors and
farmers’ knowledge.
◇ Bringing the data
together, the farmer
can make the best
decisions on planting,
irrigation and fertilizer
to get the best yield
most efficiently.
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16. Credits
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◇ Photographs by Unsplash
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