Transforming Living Spaces: IOT Smart Homes and Applications

Blending Realities: How AR and IoT are Shaping the Future Redefining Industry Dynamics: The Convergence of AR and IoTWith industrial 4.0 no longer a far-fetched picture, industries are undergoing a paradigm shift both transformational and disruptive in nature. Two of the major catalysts accelerating this digital transformation are IoT andaugmented reality (AR). The convergence of these two powerful technologies is helping industries to optimize and elevate processes through enhanced visualization, analytical prowess and automation, leading to more impactful output for their businesses.IoT is the connecting key between users and machines, which allows them to track, monitor and communicate real-time data to understand and analyze how machines perform, what affects them and metaphorically gives life to these devices.Augmented reality, on the other hand, provides tools to bridge the gap between visualization and the real world, by superimposing computer-generated information onto physical objects through a digital screen.Together, they enable organizations to unlock greater operational efficiency, higher productivity and increased agility that allows them to excel in evolving market landscapes. In this blog, we'll explore how the dynamic synergy between AR and IoT is reshaping industries, empowering them with a unique blend of real-time insights and immersive experiences.How Convergence of AR & IoT Can Benefit Your Business1. Enhanced Customer EngagementIoT and VR together can help businesses go beyond conventional customer engagement techniques by tapping into smart immersive displays. WhenIoT sensors embedded in products are connected to AR applications, businesses can make the customers experience product visualizations in terms of features, customizations and even performance metrics. Such smart immersive displays take product demos to the next level, where they can interact and experience the full potential of the product in real-time and in specific environments. When the customer experiences the visualizations directly, it significantly increases the decision-making speed, and chances of buying the product.2. Immersive Training and EducationTraining employees or educating customers becomes more effective and engaging with IoT-enabled AR applications. By overlaying digital information onto physical objects or environments, individuals can receive interactive guidance and instructions, allowing for hands-on learning experiences. Whether it's training for complex machinery, onboarding new employees, or educating consumers about products, this immersive approach accelerates learning and retention.3. Personalized Experiences:Leveraging IoT data, businesses can personalize AR experiences to cater to individual preferences and needs. By analyzing user data collected through IoT devices, AR applications can deliver tailored content, recommendations, and promotions in real-time. Whether it's offering personalized shopping experiences, guided tours, or interactive marketing campaigns, this level of personalization enhances customer satisfaction and drives conversions.4. Streamlined Operations:The amalgamation of IoT and AR empowers businesses to optimize their operational processes. By overlaying IoT-generated data onto physical environments using AR devices, employees can access real-time insights and instructions, facilitating more efficient workflows and reducing errors. Whether it's inventory management, equipment maintenance, or logistics, this seamless integration enhances productivity and minimizes downtime.5. Data-driven Insights:The convergence of IoT and AR generates a wealth of data that can be harnessed to gain valuable insights into customer behavior, preferences, and operational performance. By analyzing this data, businesses can make informed decisions, optimize strategies, and identify new opportunities for innovation and growth. Whether it's refining product designs, identifying market trends, or predicting maintenance needs, these data-driven insights can help drive business success.How IoT with Augmented Reality is Leading Digital Transformation In IndustriesIn Manufacturing:AR with IoT in manufacturing can act as a digital enhancement to your local environment that can effectively streamline your maintenance efforts, daily operations and proactively address issues before they become costly mistakes, helping you save time, effort and revenue for your business. For example, in cases of maintenance and repairs, extending downtime can cost valuable revenue due to a lack of coordination between systems and resources. Technicians equipped with AR and IoT-integrated devices can solve this problem. They can instantly access crucial performance metrics and maintenance history, leading to faster decision making, swifter and more effective repairs.Oftentimes, smaller components of complex machinery are difficult to access in events of smaller repairs and processes. With the help of AR and IoT, a real-time and accurate digital twin of the particular machinery can be created to get a better understanding of its status, reduce human errors, and assist in safe, secure and accurate maintenance efforts.In Healthcare:The amalgamation of IoT's information-gathering capabilities and AR's immersive visualizations empowers healthcare professionals and institutions in optimizing vital procedures and workflows, improving patient dealing and providing valuable support to their workforce to become more efficient in their daily operations. In sensitive and vital cases like surgical procedures, IoT and AR-integrated medical devices can provide real-time contextual information such as 3D anatomical data, surgical processes and related information through IoT devices connected to the patient. With real-time and accurate visualizations, surgeons can lead the procedures with greater precision, efficiency and success. Furthermore, these technologies can serve as valuable tools for immersive simulation-based training. Medical students can gain practical experience with readily available accurate anatomical, situational, and scientific information.This powerful combination also greatly assists in remote patient monitoring, by providing medical experts with real-time data on patient vitals, proactively detecting anomalies and taking timely necessary actions to save a patient's life. With AR overlays, caregivers can get in-depth access to the patient's condition and provide the required treatment for faster recovery. Also, it can help expand the workforce's (i.e., nurses, technicians etc) contributions in providing positive healthcare services by providing them precise information at the time of need and educating them with relevant and accurate information, to make better decisions and providing effective care.In Retail :In retail, AR and IoT integrated solutions can greatly help your business in building trust and credibility among customers with immersive shopping experiences. With these dynamic devices, customers will be able to see those visualizations come into effect with actual product specifications, which would provide them the benefit of experiencing it in real-life environments before buying it. Additionally, by leveraging IoT-generated information on purchasing history, preferences and behaviors, marketers can curate and offer personalized experiences with curated campaigns and personalized product recommendations. This comprehensive approach would assist customers in decision-making and content discovery process, enabling your business to capture and convert bigger numbers.The AR-IoT combo is especially beneficial behind-the-scenes processes for your business by ensuring optimized inventory handling and smooth flow in the supply chain process. Similar to a live feed on the inventory flow and the demand-supply variations, it can strengthen your business' resilience in navigating changing market landscapes and effectively gauge inventory-supply chain requirements for a smooth flow of operations and minimize wastage.In Real Estate:Real estate professionals understand the importance of making a lasting impression. AR-enabled virtual property tours and IoT-driven property management solutions revolutionize the way properties are showcased and managed. Picture potential buyers exploring properties remotely, visualizing layouts, and customizing their future homes with ease. With real-time IoT data at your fingertips, property managers gain invaluable insights into building performance, optimizing resources, and delivering exceptional experiences to tenants.In Education:Education and training sectors are also undergoing a transformation with AR and IoT technologies. Imagine students immersed in interactive learning experiences that transcend traditional methods, thanks to AR-enhanced textbooks and IoT-driven simulations. From vocational training to professional development, these solutions empower learners to acquire skills efficiently and confidently, paving the way for future success.Our Advanced Technological Framework for AR and IoT DevelopmentIoT Foundation:At the core of our IoT infrastructure are smart, connected devices equipped with a diverse array of sensors. These edge devices, built using microcontrollers, system-on-chip (SoC) solutions, and single-board computers, can capture real-time data on equipment performance, environmental conditions, user interactions, and more.We leverage industry-standard IoT protocols like MQTT and CoAP to securely transmit the sensor data from these edge devices to our cloud-based IoT platform. In the cloud, we utilize high-performance data ingestion and processing technologies, such as Apache Kafka and Elasticsearch, to handle the influx of IoT data streams.AR Capabilities:On the AR front, we leverage state-of-the-art computer vision, spatial mapping, and 3D rendering technologies to create immersive, context-aware experiences.To power these AR experiences, we utilize specialized frameworks like ARCore (for Android) and ARKit (for iOS), which provide robust device-native support for spatial mapping, plane detection, and motion tracking. We also leverage game engines like Unity and Unreal Engine, which offer comprehensive toolsets for 3D modeling, animation, and real-time rendering.Integrating IoT and AR:The true power of these solutions lies in the seamless integration between the IoT and AR technologies. By connecting the real-time data and insights generated by our IoT platform with the immersive visualization and interaction capabilities of AR, we can create transformative solutions that provide your employees, customers, and stakeholders with unprecedented visibility, guidance, and engagement with your physical operations, assets, and offerings.This convergence of IoT and AR, underpinned by robust cloud infrastructure and advanced analytics, is the foundation of our innovative solutions that can elevate your business, regardless of industry.Final ThoughtsThe convergence of IoT (Internet of Things) and AR (Augmented Reality) is not merely a trend but a major shift reshaping industries across the board. From manufacturing to healthcare, these technologies are revolutionizing processes, enhancing user experiences, and opening new avenues for growth. As businesses adapt to this convergence, they must navigate the complexities of integration, data management, and security to capitalize on its transformative potential. With IoT and AR driving the next wave of industrial evolution, staying agile and innovative is imperative for sustainable success in the digital age.At Oodles Technologies, we specialize in developing cutting-edge AR and IoT solutions tailored to your business needs. Our team of experts combines creativity, technical expertise, and industry insights to deliver immersive experiences and tangible business results. Partner with us to unlock the full potential of IoT and AR convergence and stay ahead in today's competitive landscape.You can contact us here, and our experts will get back to you in 24 hours.Check out our YouTube channel to dive deeper into our expertise by exploring our insightful videos:

Area Of Work: IoT Development Industry: Logistics , Supply Chain more

Arpita Pal

15 Apr 2024

The Rise of IoMT : Revolutionizing Healthcare Delivery What is IoMT (Internet of Medical Things)?IoMTor Internet of Medical Things is known as the subset of IoT, that is specifically centered around the integration of connected medical devices, wearables and healthcare-related technologies. While IoT encompasses a vast array of connected devices and applications across various industries, the integration of IoMT within the healthcare sector plays a pivotal role in transforming patient care, improving clinical outcomes, and enhancing the overall efficiency of healthcare delivery. Devices that come under the category of IoMT are as follows:1. Wearable Devices:Activity trackers, fitness monitors, ECG, EKG monitors, pulse oximeters, continuous glucose monitors, etc.2. Implantable Devices:Cardiac Pacemakers, Implaner Cardioverter-defibrillators, Neurostimulators, Insulin Pumps, Cochealer Implants.3. Remote Patient Monitors: Medication Adherence Sensors, Fall Detection Sensors, Bed Sensors for Sleep Monitoring.4. Smart Hospital Equipments: Infusion Pumps, Medication Dispensers, Wheelchair & Hospital Bed Sensors, Asset Tracking Tags for Medical Equipment, RFID-enabled Supply Chain Management.4. Telehealth & Telemedicine Devices: Video Conferencing Systems, Remote Consultation Kiosks, Examination Cameras, Neurostimulators etc.5. Assistive Healthcare Technologies: Smart Walkers, Voice-activated Assistants, Virtual Reality and Augmented Reality Applications for Rehabilitation.6. Healthcare Facility Management:Environmental sensors for temperature, humidity, and air quality, Facility Access Control Systems etc.Optimizing Patient Care: Explore How IoMT Can Benefit Healthcare Services1. Remote Patient Monitoring:By leveraging RPM technologies in IoMT, healthcare providers are able to deliver personalized and efficient services to their patients by utilizing an ecosystem of cutting-edge technologies including meidcal devices, connectivity devices, data management tools and analytical tools. These technologies allow medical professionals to perform remote patient monitoring, detect signs of deterioration proactively, and take necessary actions in times of emergencies that directly helps in improving patient outcomes.How Does IoMT For Remote Patient Monitoring Work?-RPM involves a meticulous blend of technologies including medical devices, sensors that come with superior connectivity capabilities including WiFi, Bluetooth, cellular networks, low power wide area networks that enable efficient data collection, transmission, analysis and intervention in real-time for patients based in remote locations.- Cloud-based infrastructure enabled with robust encryption protocols ensure secure data transmission to maintain the highest level of confidentiality and integrity for patient information.- Once the information is securely transmitted to the cloud, analytics powered with machine learning perform in-depth data processing of large volumes of information to identify and recognize trends, patterns, and anomalies that are suggestive of a particular case in a patient's health. Additionally, predictive modeling helps to detect adverse health situations and assists healthcare providers take necessary actions proactively.- Patient engagement platforms serve as effective tools in bridging the gap between health care providers and patients. RPM tools include applications or portals where patients can access their health-related data, receive necessary guidance and stay in contact with their care providers.- Integration with Electronic Health Records (EHRs) enables seamless transfer and communication of data between healthcare institutions and clinical decision support systems. This bolsters effective patient management and smooth interoperability.2. Telemedicine and Virtual Care:IoMT for telemedicine and virtual care aids healthcare providers in extending their care and guidance to patients on a remote basis. Instant access to necessary medical guidance and health management tools facilitates easy access to patient care and as a whole helps them maintain a healthy lifestyle.How Does IoMT For Telemedicine and Virtual Care Work?- Key technologies used for telemedicine and virtual care in IoMT involve communication platforms, video conferencing software and electronic health record (EHR) systems. Secure communication protocols such as HTTPS, TLS and VPN are implemented to ensure confidentiality, integrity and privacy of patient information for transmission between healthcare providers, devices and platforms. For video conferencing solutions, technologies like SDKs and APIs to facilitate real-time communication between medical professionals and their patients.- Wearable devices and remote monitoring devices play a major role in revolutionizing remote patient care. Technologies such as medical devices, wearable sensors and mobile health apps enable healthcare [providers to track and monitor patient's vitals from remote locations. Wireless communication technologies such as Bluetooth, WiFi, and cellular networks are utilized to transmit data securely from distant locations.- Artificial Intelligence (AI) and Machine Learning (ML) are leveraged to analyze vast amounts of patient data to identify trends, patterns and anomalies. Moreover, powerful AI tools like predictive analysis, decision support systems and diagnostic tools provide impactful insights and support in faster and more effective decision-making, personalized treatment plans, and timely interventions.3. Integrated Medical Devices and Smart HospitalsBy harnessing the power of integrated medical devices and smart hospital solutions, healthcare organizations can stay at the forefront of innovation and provide optimal care to their patients.Technologies enable healthcare providers to deliver more proactive, personalized, and efficient care while improving patient outcomes and reducing healthcare costs.How Does IoMT For Integrated Medical Devices and Smart Hospitals Work?-Integrated Medical Devices encompass a range of sophisticated technologies designed to enhance patient monitoring, treatment, and management. These devices often incorporate sensors, wireless connectivity, and data processing capabilities to collect, transmit, and analyze patient data in real-time. For instance, wearable devices like continuous glucose monitors and cardiac monitors track physiological parameters continuously, providing clinicians with valuable insights into patient health.-Furthermore, Smart Hospitals leverage cutting-edge technologies like the Internet of Things (IoT), artificial intelligence (AI), and cloud computing to optimize hospital operations and patient care. IoT devices are deployed throughout the hospital infrastructure to monitor equipment performance, environmental conditions, and patient status.-AI algorithms analyze vast amounts of data generated by these devices to detect anomalies, predict adverse events, and personalize treatment plans. Cloud-based platforms facilitate seamless data exchange between different hospital systems, enabling secure storage, retrieval, and analysis of patient information.4. Data-Driven Decision-MakingThe data generated by IoMT devices, when combined with advanced analytics and Artificial Intelligence (AI), can provide valuable insights to healthcare professionals. This data-driven approach supports clinical decision-making, enables personalized treatment plans, and facilitates predictive analytics to anticipate and address potential health issues.How Does IoMT For Data-Driven Decision-Making Work?- Data-driven decision-making relies on a sophisticated ecosystem of interconnected technologies designed to collect, analyze, and interpret vast amounts of healthcare data. This ecosystem involves sensor-equipped medical devices, which capture real-time physiological data from patients. These devices utilize a variety of sensors, including biosensors, accelerometers, and gyroscopes, to monitor vital signs, activity levels, and other health parameters.- Once collected, this data is transmitted securely to centralized platforms or cloud-based systems for storage and analysis. Advanced analytics techniques, such as machine learning algorithms and artificial intelligence, are then employed to extract actionable insights from the raw data. These algorithms can detect patterns, identify anomalies, and predict potential health issues, enabling healthcare providers to make informed decisions in real-time.- Furthermore, interoperability standards and protocols play a crucial role in facilitating seamless data exchange between disparate systems and devices. This interoperability ensures that healthcare professionals have access to comprehensive patient data across different care settings, enabling holistic and personalized care delivery.Future of IoMT in Healthcare:As the future of IoMT unfolds, it promises to reshape the healthcare industry, empowering patients, enhancing clinical outcomes, and driving innovation in medical practices. By harnessing the power of connected intelligence, IoMT has the potential to transcend geographical and socioeconomic barriers, making high-quality healthcare accessible to all.1. Preventive and Predictive Care: IoMT will play a pivotal role in enabling preventive and predictive healthcare. Wearable devices and implantable sensors will continuously monitor vital signs and biometric data, allowing for early detection of potential health issues. Advanced analytics and machine learning algorithms will process this data to identify patterns and predict potential complications, enabling timely interventions and proactive care.2. Intelligent Healthcare Facilities:The integration of IoMT with smart building technologies will transform healthcare facilities into intelligent, connected environments. Sensors and IoMT devices will monitor environmental conditions, track assets and equipment, and optimize resource allocation, streamlining operations and enhancing patient safety and comfort.3. Seamless Data Integration and Interoperability: As IoMT devices and systems continue to evolve, seamless data integration and interoperability will become crucial. Standardized protocols and platforms will enable the secure exchange of medical data across various devices and healthcare providers, facilitating coordinated care and improving overall patient outcomes.4. Artificial Intelligence and Machine Learning: The future of IoMT will be closely intertwined with advancements in artificial intelligence and machine learning. These technologies will play a vital role in analyzing the vast amounts of data generated by IoMT devices, identifying patterns, and providing valuable insights to support clinical decision-making and personalized treatment plans.FInal ThoughtsThe rise of the Internet of Medical Things (IoMT) marks a transformative era in healthcare delivery. By seamlessly integrating connected devices, sensors, and advanced analytics, IoMT empowers healthcare providers with real-time patient data, enabling proactive interventions and personalized care. This technological revolution promises to streamline operations, enhance patient experiences, and improve clinical outcomes. As IoMT continues to evolve, it will catalyze breakthroughs in preventive medicine, remote monitoring, and intelligent healthcare facilities. Embracing IoMT's potential is crucial for healthcare organizations to stay competitive and meet the growing demands of an increasingly connected and data-driven world. The future of healthcare lies in harnessing the power of connected intelligence.Looking to Develop Your Own IoMT/ IoT Device?At Oodles Technologies, we have deep expertise in developing innovative IoMT and IoT solutions for the healthcare industry. We leverage our proficiency in connected devices, data analytics, and AI to create comprehensive healthcare technology solutions that address the diverse needs of our clients. By combining our technical prowess with a deep understanding of the healthcare landscape, we empower our clients to harness the transformative power of IoMT and IoT in their quest to deliver exceptional care.Partner with us to unlock the full potential of IoT and AR convergence and stay ahead in today's competitive landscape.You can contact us here, and our experts will get back to you in 24 hours.Check out our YouTube channel to dive deeper into our expertise by exploring our insightful videos: Rise of IoMT: Revolutionizing Healthcare Delivery | Oodles Technologies

Area Of Work: IoT Development Industry: TeleHealth and HealthCare

Arpita Pal

19 Apr 2024

How IoT And AI In Supply Chain Management are Reshaping Businesses Supply Chain Management for a business is vitally important as it ensures consistent connectivity and availability of goods from stages of production to transporting finished goods. Without effective management of factors like logistics, warehousing etc., a business cannot survive as it will be unable to to meet the required supply and demand of goods in the required duration of time. Rising volatilities and frequent disruptions can negatively impact SCM in its ability to effectively function in times of necessity. Integration of progressive technologies such asartificial intelligence andinternet of things(IoT) can greatly improve its resilience in dealing with unpredictable situations and provide businesses with powerful capabilities such as speed, precision and accuracy. This article delves into the present challenges faced in supply chain management and how advanced technologies such AI and IoT can assist in resolving these challenges.Present Challenges In Supply Chain ManagementDemand Forecasting Issues: Demand Forecasting entails accurately predicting supply and demand of factors involved in supply chain management to enable smooth transition of commodities between consumers and suppliers. To ensure precision in forecasting, substantial data of crucial elements involved in supply chain management should be available in times of necessity to maintain its accuracy. Unpredictable changes in fixed and variable factors can affect the rate of accuracy causing imbalances in inventory and logistics. These unpredictable changes can involve domestic and international conflicts, climatic disruptions, supply and demand variations, changing government and industry regulations etc. Such situations require real-time information and quick data-driven decision-making to counter unexpected inconsistencies.Logistical Hindrances: In supply chain management, logistics is especially prone to number of disruptions due to climatic variations, port availability and congestion, political conflicts and regulations etc. This directly affects the logistical ability to successfully transport within due time and cater to the required supply and demand of materials and goods. For example, recently due to freshwater drought in the Panama Canal, ships faced long delays and queues causing companies to find alternative routes which were longer and needed more fuel to commute. With climatic disruptions becoming more frequent, companies require intelligent solutions that can improve supply chain visibility and handle such unpredictable situations.Shortage of Workforce: Rising consumerism has resulted in the necessity of availability of products 24/7 which has led to an unprecedented increase in demand for goods and services. Also, with rising inflation causing the cost for standard of living to elevate, aging workers have been struggling to face rising costs within the prescribed wages in supply chain industries. This has been causing multiple unrests and strikes which further have been resulting in logistical delays in meeting demands.Technological Barriers:Integration of technology including automation and digital assistance has seen a rather slow acceptance in supply chain industries. The shortage of skilled workers to navigate advanced technology has further exacerbated the situation. This has led to low logistical visibility for transportation, inventory and warehouse management and analyzing consumer demand. Advanced technology such as artificial intelligence, IoT, ERP software etc., can help in fluidity of operations and remove logistical barriers through real-time visibility and communication, analytical decision-making and 24/7 support to achieve efficiency at all levels.Rising Costs: Supply chain management involves a multitude of elements including, raw materials, workers, ships, warehouses etc., and each comes with its own set of expenses relating to pricing, maintenance, operations and more which contributes to a hefty bill for the enterprise. Rising inflation and geopolitical conflicts have worsened already expensive factors such as costs of fuel, manufacturing, wages etc., and without effective management of these resources, companies can be bogged down by constant looming expenses of these elements. Technological assistance from specially curated software for supervising aspects of functions of finance, operations, inventory management etc. can greatly help in monitoring and reducing expenses for the enterprise.Dependence on External Parties: For enterprises to have a global presence, collaboration with third-party logistical companies is required. They benefit enterprises by covering a large area and reducing the overall burden through connectivity from distant parts of the world. However, trusting external parties for transportation makes the enterprise dependent on them for visibility and monitoring, thus reducing control over the movement of the goods. With expensive prices, collaborating with 3PL also proves to be an expensive affair which is why enterprises of today require comprehensive and intelligent solutions that can offer extensive coverage and monitoring abilities to reduce reliance on third parties.Also Read: ERP Vs Legacy Systems: Why Upgrading to ERP is a Game ChangerUtilizing Artificial Intelligence for Deriving SCM SolutionsSupply chain management can greatly benefit from automation and digitalization to overcome its mounting challenges by performing functions that identify, analyze and enhance its operations and eliminate barriers that affect its efficacy. AI in supply chain management through its advanced analytical and constantly improving abilities can provide vital assistance in ensuring smooth functioning of its numerous elements and enhanced logistical capabilities. Some of the benefits of utilizing AI in supply chain management are as follows:1) Production & Cost Efficiency: By harnessing powerful technologies through AI in supply chain management, such as data modeling, machine learning, etc., enterprises can achieve efficiency in operations, remove logistical barriers and reduce costs. These technologies will assist in real-time visibility of its logistical and warehousing operations, comprehensive monitoring of its multiple functions, provide essential KPIs to improve the quality of operations and provide crucial insights to effectively navigate through challenging problems affecting supply chain management of the enterprise.2) Enhanced Inventory Management: AI in supply chain management can serve as an effective solution for improving operations and removing warehousing bottlenecks for maintaining essential goods and raw materials. Through automation, systemized tracking of incoming and outgoing goods can be enabled, greater speed and efficiency of operations can be achieved and human errors can be avoided in carrying out vital functions relating to supply chain management for the enterprise.3) Higher Precision in Demand Forecasting: Accuracy in predicting demand and supply, required inventory and possible occurring scenarios can help businesses to ensure effective handling of unpredictable scenarios that have the potential to negatively impact the operations of the business. Smart supply chain technologies powered by AI can provide businesses with beneficial techniques in demand forecasting such as resource planning, mitigation of risks through risk management, predictive analytics to carefully assess all internal and external factors affecting the enterprise negatively or positively to make necessary adjustments and lead it towards efficiency and profitability.Leveraging IoT for Improving SCM CapabilitiesIoT in supply chain solutions has proven its power to achieve digital transformation in inventory management by providing warehouses ‘smart abilities' through automation. IoT devices provide assistance in various forms by providing useful insights and real-time information of incoming, stored and outgoing goods and physical functions such as handling heavy lifting of goods and proper storage. It can provide 24/7 assistance and greatly improve its storage capabilities. Some useful benefits of IoT in supply chain management are as follows:1) Real-Time Accessibility: Accessibility in real-time information can assist businesses in providing accurate data-driven decision-making and beneficial insights, tracking and monitoring of vital functions and improving its rate of responsiveness in performing required actions. Continuous visibility is necessary for businesses to carry out the timely execution of functions and fast implementation of changes to improve overall operational efficiency of the enterprise. IoT can help to provide precision and generate faster results through smart abilities with the help of automation and digital assistance.2) Predictive Manitainence: IoT provides enhanced monitoring abilities for equipment being used in carrying out operations in warehousing and logistics. They provide real-time data about the condition of the equipment regarding its wear and tear and inform supervisors if they require repair and maintenance. This helps businesses to make timely decisions in advance regarding allocating resources for repair and maintenance without stopping operations that can cause delays and add to expenses. They also assist in updating the present infrastructure with new technologies to stay relevant with time and maintain the required rate of supply and demand.3) Enhanced Connectivity: Supply chain management consists of multiple fixed and moving elements between which connectivity is integral for achieving cohesion and relevance in its functionality. IoT with the help of their sensors enables transparency and visibility through real-time information of concerned elements which further assists in seamless connectivity in its operations and avoiding delays through constant accessibility to vital information.ConclusionThe future of Supply Chain Management is geared towards digital transformation through greater acceptance of advanced technologies in the near future such as AI and IoT that will assist in reshaping its business models for greater productivity and efficiency. With their enhanced capabilities in providing real-time impactful information, analytical insights and assistance in performing operations in a more efficient manner, businesses can rely on IoT and AI in supply chain management to resolve persisting problems affecting their functionality. As consumerism is touching roof levels where businesses have to operate in unpredictable environments, IoT and AI in supply chain management can serve as reliable tools to counter volatile elements and make timely adjustments to safely navigate through problematic conditions. Their benefits have proven to be manifolds which is why enterprises are doubling their investments to increase their overall efficiency and achieve greater profitability.If your business is searching for its own customized solutions powered by IoT and AI in supply chain management, we'd love to support your journey. Oodles Technologies provides advanced solutions in AI, IoT and ERP for effective management of vital functions in SCM.Feel free to drop us a queryand we'll get back to you in 24 hours.

Area Of Work: IoT Development

Arpita Pal

03 Oct 2023

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