INTERNET OF THINGS AND CLOUD
The Internet of Things has the potential to fundamentally shift the way we interact with our surroundings. The ability to monitor and manage objects in the physical world electronically makes it possible to bring data-driven decision making to new realms of human activity—to optimize the performance of systems and processes, save time for people and businesses, and improve quality of life. IoT is driven by a combination of forces, including the exponential growth of smart devices, a confluence of low-cost technologies (sensors, wireless networks, big data and computing power), pervasive connectivity and massive volumes of data.
Organizations need to take an integrated and holistic view of IoT, examine the opportunities it offers and build strong business cases for enhancing revenue, increasing efficiencies and improving asset management. They also need to master IoT’s growing intricacy and identify initial business areas and operations where IoT can deliver significant benefits. Developing robust data management and analytics capabilities will be crucial for organizations to mine valuable insights from the data generated by the transactions.
WHAT WE DO
InfiniValue is an early mover in the IoT Space and has assisted several customers in their digital transformation endeavours using cutting edge advisory and technology consulting offerings.
Our IoT offerings is driven by the "Value Creation Loop" which is a cycle of Sense -> Connect -> Aggregate -> Transform -> Analyze -> Act, and the cycle continues with Automation and AI built into the loop for continuous self learning and improvement.
At InfiniValue, we have identified the following IoT Value Creation categories:
Operation Efficiency Improvements
Remote Monitoring, Diagnostics & Preventive Maintenance
Workflow Optimization & Process Automation
Smart Facilities Management, Energy Management & Asset Tracking.
Enhancing User Experience
Visualization & Dashboarding
Alerts and Supervisory Triggers
Seamless Multi-device User Interfaces
User Experience Enhancers
New Product Categories
New Device Types (Fitbits, Wearables)
Personal Digital Assistants (Amazon Echo for Industrial Usage)
Emerging Devices Using Advancements in Sensor Technology
Smartening of Existing Product Categories
Expanding Product Portfolios by Connecting Existing Products to the Internet (Smart Door Lock, Smart Light Bulb)