Reasons Not To Delay In Investing in IoT
Ready or not, the Internet of Things is here to stay and it’s taking over the business world. More companies are investing in IoT. According to Erik Brenneis, who is the director of Vodafone’s Internet of Things business: “I think IoT is pretty much mainstream now. It’s not that we have all the devices on the street yet, but almost all the customers I talk to say, ‘Look, we need to somehow connect our product.’”
Haven’t already invested in IoT? Here are a few reasons why shouldn’t delay.
It’s The Future
IoT is undoubtedly the future. In 2015, there were over 15.4 billion connected devices, and IHS forecasts that this number will grow to 30.7 billion in 2020, and 75.4 billion in 2025. Additionally, IDC predicts by 2020, global IoT spending will reach $1.29 trillion. With the industry showing so much room for growth, businesses need to start thinking about investing in the Internet of Things now, as it is only a matter of time before it becomes a true global phenomenon. So, if you want to get an early start and keep up with the competition, you should take a close look at your business models to see how IoT will fit in, deliver better services to your customer, improve processes, and expand the scope of doing business.
Get Proven Results
Nowadays, several leading companies like Commercient are already investing in IoT, and are improving their bottom line by lowering operating costs, increasing productivity, expanding to new markets, and developing new product offerings.
According to the Aruba IoT Research Report by Hewlett Packard Enterprise, “Over three-quarters (78%) of enterprises say the introduction of IoT into the workplace has improved the effectiveness of their IT team, while 75% find it has increased profitability.”
The report also shows that “adopters of IoT reported significant increases in business efficiency (83%), innovation (83%), and visibility across the organization (80%).”
So are you convinced yet that you should invest in IoT products and services?
Connect Your ERP To The Internet
In case you didn’t know, you have the option to connect your ERP to the Internet and connect it to hundreds of other apps. That’s right. With Commercient IoT Pulse you can connect your ERP system to the Internet. And, that’s not all. It provides connectivity with more than 815 apps for your ERP so that you can automate tasks, like sending out emails instantly when customers input a new order or generate a new invoice. You can try our IoT Pulse app today.
Conclusion
Businesses all over the world are already reaping the benefits of IoT-based products and services. Maybe it’s your turn to create an IoT strategy so your business can lead, instead of fighting to catch up. Remember, by investing in IoT, you’ll stay ahead of your competition, improve your bottom line, and automate tasks. So, don’t waste another second, invest in IoT today.
