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How an IoT Consultant Can Reduce Cost and Optimize Processes

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How an IoT Consultant Can Reduce Cost and Optimize Processes

Even though the development of modern technologies is a process that began long ago, there are plenty of things that might seem confusing to many people. One of those things is the Internet of Things technologies. In this article, you will learn everything you need to understand this technology and how a consultant like this can be beneficial to your business.

What Is IoT?

The Internet of Things or IoT is a term that became quite popular over the last decade. However, despite its popularity, there are still people who don’t completely understand this phenomenon. So what is it, IoT? There are many ways to explain IoT technology. These are the devices themselves that go online and interact with each other. This is also a way of connecting – M2M – machine-to-machine, without human intervention. It is also the big data that devices are now generating. Data that can (and should) be collected, analyzed, and further used to improve comfort or make business decisions.

IoT can be used in any industry where something can be automated. Currently, there are over 10 billion connected IoT devices out there and the number only keeps growing. The biggest development of this technology can be seen in the agricultural sector, logistics, and Smart City. IoT makes it possible to save on equipment maintenance: sensors collect information about the condition of the equipment, making the maintenance and repair processes timely and easy. 

What Is IoT Consulting and How You Can Apply It to Your Business?

The Internet of Things is a rather new field, which makes it necessary for companies to come up with their own way of how to use IoT platforms which all require a personalized approach. A professional IoT consultant is an exact specialist who is able to advise on the best way to do that. Various devices and sensors that belong to the Internet of Things group of products can help you produce insights and actionable items. 

How an IoT Consultant Can Reduce Cost and Optimize Processes

However, modern-day businesses and organizations lack an understanding of how the new technologies can positively impact their game and often require help when kick-starting such initiatives. By launching IoT initiatives, the company can gain the potential to reduce operational costs, optimize internal workflows and build unique reports to backup strategic moves with data. It is the launching stage where the IoT consultants can become a true gem to your business.

However, to achieve success in IoT, it is not enough to connect some devices to the Internet. The company must align its digital transformation plan with its overall development strategy, apply optimal new technologies such as artificial intelligence (AI), augmented reality (AR), and blockchain, collaborate with the right partners and digital ecosystems and implement new processes and working methods.

The Rising Popularity of IoT Consulting Companies

IoT solutions are growing in demand each day, and the rates for such specialists’ services are increasing accordingly. The data provided by the IoT empowers businesses to develop new value propositions for consumers, improve efficiency, and gain unique insights into how to create value for customers. The IoT consultants help organizations discover new revenue streams, improve efficiency, and seize new opportunities.

However, not every company out there can afford to hire an IoT developer or even a remote IoT team. But, this is not a reason to avoid the chance to give a boost to your company’s development, isn’t it? What could you do in a situation like that, though? The answer is: hire IoT consultant. Luckily, the cost for an IoT consultant is generally lower than developers and engineers of the same field.

The Typical List of IoT Consulting Services

IoT consultants perform a wide variety of tasks for modern companies. One of the most popular services include the following:

  • Looking out for potential use cases. These consultants will closely observe your business and its typical activities to identify potential cases of IoT use. At the same time, an IoT consultant will be able to advise you on the best ways on how to incorporate this technology into your daily workflow. 
  • Development of the IoT strategy. For this technology to actually bring value to your business, it has to be properly implemented. Not being an expert in IoT you might cause unintentional damage, so it is always best to leave such tasks to the professional. 
  • Research and development, prototyping. IoT is not an old technology and some research still needs to be done, if you want to see positive results of this kind of implementation. With proper prototype building and thorough research, an IoT consultant will be able to predict possible challenges and smooth them down. 
  • Choosing a proper hardware and software vendor. Years of experience your IoT consultant has will allow them to advise you on the best soft- and hardware on the market. 

Hiring an IoT Consultant

Things to consider when hiring the IoT consultant:

  • Previous background. The ideal candidate is someone who has a degree in either Computer Science or Civil/Industrial Engineering.
  • Interest in technology. Your ideal consultant should be enthusiastic about all things IoT and staying up to speed with its latest trends.
  • An eye for IoT. Look for an early adopter and for someone who is constantly keeping an eye out for the next big thing.

Final Thoughts

The Internet of Things (IoT) is a network of devices with embedded software and sensors connected to the Internet that collect, transmit and exchange data. The IoT connected devices, sensors, and people provide a new means of communication between human and machine, software, and hardware. The IoT is creating a new world that is open to everyone, offering constant connectivity for humans, from home or work to entertainment. To implement IoT solutions, it is important to ensure the appropriate level of security, confidentiality, reliability and resiliency of systems.

Acting as a bridge between the physical and digital worlds, the Internet of Things offers tremendous business opportunities. IoT consultants help clients realize the benefits of emerging IoT technologies by building complex business models that connect technologies, suppliers, and consumers. Whether you just start your IoT venture or are already making your way through it, the IoT consultants will help you get the best of new technological possibilities and set them in harmony with your business strategy.

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Internet of Things

How Can IoT Inspire Modern Innovation

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IoT Inspire Modern Innovation

The Internet of things has continued to shape the modern technological landscape by penetrating more areas of life through the introduction of new devices. The market has several examples of the Internet of Things, and new IoT devices keep popping up virally everywhere.

The internet of things is advertised everywhere, from blogs to yellow pages, mass media, and newsreels. The IoT revolution gives people a fresh, innovative experience and a new sense of belonging. However, it is far more than simply connecting.

So let’s take a look at how the IoT inspires modern innovation.

●     Smart Homes

Most people can’t imagine a contemporary home now without smart security, lighting, appliances, indoor cameras, thermostats, etc. Smart homes have made life easier and convenient for people. This has ensured that people are more efficient with their resources and time.

A leading company specializing in making homes smarter is Nest Labs. Through a smart thermostat system, you can now remotely control the cooling and heating of your home. In addition, the device can automatically turn off your cooling or heating system when you are away to help you save energy consumption.

It would also be able to save your energy by learning your preferences. You would eventually pay less for your cooling and heating bills. It is a smart choice, especially for people living in cold climates.

●     Wearables

The Internet 9f things market has recently seen the influx of several weakest roughly classified as fitness and health devices. Apple, Fitbit, Samsung, and others represent this area of IoT use. These devices usually monitor sleep, calorie intake, heart rate and track activities and other metrics to help you stay healthy.

In other cases, these wearables can communicate with other third-party healthy provider applications to share information about chronic conditions. Finally, connectivity Is the key to IoT wearables. The previous generation of devices relied on rickety home Wi-Fi or physical cables.

But today’s IoT wearables have integrated connectivity right into the devices. As a result, most wearable aspects have shrunk, from the in-device SIM cards that connect through cellular to the sensors.

This has resulted in cellular-based connectivity that uses less power and in a sleek form, making the device easier to wear and use. In addition, IoT SIM cards are usually billed monthly through IoT sim card plans, making it easier to access.

●     Supply Chain and Retail Management

There is a convenience store where you do not need to wait in long lines to pay for your items; the Amazon Go no checkout store. You need to live close to these stores and have a unique app on your phone.

The store has specially equipped sensors that are connected to IoT devices. Ultimately IoT would transform the supply chain with revenue opportunities and operational efficiencies. The supply chain in today’s market is not just a way to keep an eye out for your product. It is now a way to get ahead of your competitors while strengthening your brand.

●     Agriculture

Most people often overlook smart farming when it comes to IoT innovation. However, several innovative products are geared toward forward-thinking farmers.

For example, some use distributed smart sensor networks to monitor several natural conditions like soil quality, air temperature, and humidity. Other hose automated irrigation systems.

An example of such an IoT device would be Blossom. It is a smart watering system that uses real-time forecasts and weather data to create the proper watering schedule for your yard. It also consists of a smart Bluetooth-enabled controller and a mobile app.

The system is easy to install, set and manage. Though it was initially developed for home use, you can also apply it on a larger scale.

●     Healthcare

IoT now plays a massive role in digitizing healthcare and helping improve both patient outcomes and clinic operations. End-to-end clinical management suites such as RTLS by CENTRACK are one of the vivid examples of IoT use in the healthcare industry.

RTLS uses smart sensors to track patients’ care and clinical operations from regulatory compliance, staff satisfaction, and patient care quality. In addition, it collects real-time data that clinics use to monitor the medical equipment state and avoid breakdowns through timely repair schedules.

Additionally, smart medication dispensers like HERO are used for people in need of home treatment. Specifically, they are for elderly care. The dispenser can correctly load the right prescription pill and monitor the pill intake.

Wrapping Up

Businesses would have to embrace the idea of the internet of things sooner than later. There is a lot of space in the IoT space at the current time. Though applications remain limited, technology for IoT is just coming into full maturity. The coming years will see IoT inspire modern innovation in the business and consumer worlds.

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Pocket Network Continues to Exceed Web3 Industry Demand with Record Number of Protocol Relays

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Pocket Network Continues to Exceed Web3 Industry Demand with Record Number of Protocol Relays

Middleware protocol for blockchain approaching one billion daily relays, ten times the volume from last year

 Pocket Network, a relay infrastructure middleware protocol that provides abundant blockchain bandwidth from a globally distributed network of 40k+ full nodes to applications in Web3 across 40+ blockchains, including Ethereum, Polygon, Solana, Fuse, Avalanche, and Harmony, today announced its protocol has processed a record number of relays, nearing the benchmark of one billion daily.

Relays have doubled week-over-week and Pocket is nearing one billion daily relays, ten times the 100 million average daily relays Pocket was averaging in November. In just the last week alone, Pocket has had more relays than it did for the whole month of December.

“Robust blockchains require robust decentralized infrastructure, and we’re glad that we’ve been able to serve the demands of growing blockchain ecosystems,” said Michael O’Rourke, CEO and Founder at Pocket Network. “Relays drive the growth of our full node infrastructure, which in turn creates a more resilient and secure network.”

New blockchains and app integrations continue to switch to the decentralized global infrastructure provided by Pocket. Harmony and Polygon alone are driving hundreds of millions of relays across Pocket.

With its sustained growth, Pocket is proving the demand for decentralized web3 infrastructure. This demand is agnostic to market conditions, and will continue to be a mainstay in a bear or bull market. In addition, liquidity channels will open up as its protocol becomes more undeniable in terms of industry utility, where they are replacing middlemen with middleware, and where they continue to eat up the inherent inefficiencies in the current way the crypto industry is supported by cloud computing and hosting providers. Being cheaper, faster, and better has been the winning formula to Pocket’s scale and dominance.

About Pocket Network

Pocket Network, a blockchain data ecosystem for Web3 applications is a platform built for applications that uses cost-efficient economics to coordinate and distribute data at scale. It enables seamless and secure interactions between blockchains and across applications. With Pocket, the use of blockchains can be simply integrated into websites, mobile apps, IoT and more, giving developers the freedom to put blockchain-enabled applications into the “pocket” of every mainstream consumer. For more information visit pokt.network.

This News has been Published in Partnership with PR Newswire

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Artificial Intelligence

Utilization of Artificial Intelligence As A Service to increase customer experience and strengthen security

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Artificial Intelligence As A Service

Artificial intelligence as a service (AIaaS) emerges as an excellent tool to solve existing issues from various sectors such as healthcare, education, and defense. Technology firms, startups, and leading companies have launched their innovative solutions to improve the overall productivity of organizations and enhance customer experience. Different issues have been identified and AI-driven solutions have been developed. Among all the solutions, improving customer experience remains the priority.

Market players integrated their service platform with AI-based services to ensure seamless operations and enhance the overall experience. In addition, AI-assisted conversational assistants have been deployed to handle the surge in the volume of queries in the healthcare and educational sectors. One of the most essential uses of AI-based services is related to maintaining national security. AI-based facial recognition apps have been developed and deployed to identify citizens during difficult situations such as war.

The implementation of AIaaS will increase in the coming years as companies try to develop innovative solutions to solve existing issues. According to the report published by Allied Market Research, the global artificial intelligence as a service market is expected to reach $77.04 billion by 2025. Following are some of the trends and activities taking place across the world.

Market players have been acquiring the services of AIaaS providers to improve the capabilities of their platforms. Newgen Software integrated Microsoft Azure Applied AI services for enabling automation and intelligent document processing. Under this integration, Newgen will implement automation solutions such as Azure Form Recognizer for gaining AI/ML-driven automation. The company integrated these solutions for empowering its end-to-end content management platform for its customers along with providing scalability and security benefits.

Many companies are implementing intelligent automation solutions for availing productivity gains and reshaping the workplaces with cloud and other emerging technologies. In addition, many enterprises are looking forward to digitizing content-driven processes, enhancing productivity, and improving customer services. The integration of Microsoft Azure in Newgen will enable enterprises in managing content processes in a secure and scalable manner. Moreover, enterprises can simplify the complex content management processes to achieve flexibility and reliability. The solutions built on Azure will be influential in speeding up the adoption of the cloud, modernizing applications, and improving customer experience. The integration activities of AI services will continue to enhance business processes.

Market players have been expanding their product portfolio and offering AI services to various sectors. Startups have been widening their products and providing services to the healthcare sector. Conversational AI startup Kore.ai launched a new service called HealthAssist for the healthcare sector. The startup plans to expand its services beyond standard customer service. With an experience of handling more than a billion conversations with the help of AI assistants, its new service will help the healthcare providers in testing, developing, and deploying voice-based and text-based AI assistants for customer service. This assistant will interact with patients, insurance providers, and healthcare service providers to solve their queries and direct them to human staff if required. The company gained HIPAA compliance, which implies that it has access to patient records, billing information, and others. This will reduce the tasks of human workers.

Raj Koneru, the CEO at Kore.ai highlighted that its AI assistant and technology have been adopted by a lot of healthcare providers across the world. Its new solution is focused on solving various challenges faced by healthcare providers. It will fill the gap between processes, improve access to care, and enhance customer experience. Conversational AI solutions will emerge for highly regulated, complex, and dynamic processes in the next few years.

The trend of launching new products involving AI-driven assistants continues as the requirements in various sectors emerge. Along with the healthcare sector, there is another sector that needs to solve the queries of people. It is the education sector. As new admission processes begin, there is a huge demand for help on different processes. Educational institutes have been struggling to offer support to people opting for the admission process and do not possess enough manpower to solve the queries of every student. SuperBot launched an AI-based admission helpline for enabling educational institutes to provide around-the-clock support for queries. This platform is AI-driven and powered by natural language processing platforms. It has the ability to handle nearly one million calls every day and offer support in nine regional languages in India.

The newly-launched solution will enable educational institutes in scaling up operations and eliminate the need to hire manual labor. In addition, they do not need to spend more on infrastructure expenditure. The requirement to set up call centers, expand sales departments, and hire new labor will be eliminated with the implementation of the AI-based assistant. SuperBot trained its conversational bot for more than 1,000 intents. Moreover, it directs the students to human staff if there is a need for advanced help. The company developed cutting-edge technology for providing personalized and scalable solutions to handle a surge in query volumes. New AI-driven solutions will be launched to solve different issues existing in the educational sector.

Identification of citizens and preventing misinformation are crucial factors in ensuring the security of any country. AI service providers are providing biometric apps for helping countries maintain security. ClearView AI provides facial recognition app to the Ukrainian Defense Ministry for assisting in the identification of citizens at checkpoints. Moreover, this app can be utilized for the identification of deceased people. As the war situation intensifies in Ukraine, the government has been seeking support from various governments along with AI provider companies of the world.

Hoan Ton-That, the CEO at ClearView AI, highlighted that its AI-based facial recognition system can identify people better than fingerprint biometrics. Moreover, it works even if citizens suffered facial injuries. The company executive outlined that the company developed this app for reuniting the families that have been separated during the war. The Ukrainian government will deploy the app in the near future. The company will ensure that there will be no misuse of the application and it complies with international standards such as the Geneva Convention. As technology firms strive to solve the existing problems, the effective utilization of technology during difficult times such as war will prove to be a boon for ensuring security and saving people.          

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