Almost every developing company struggles when it comes to making money and keeping the most profit margins. When companies grow in stature and follow the traditional manufacturing and managing system, it becomes challenging to reduce the extra costs. When we look at the market, we find that most competitive businesses are digitized.
traditional and old-fashioned companies are missing the trick named IoT technology.
Hence, Businesses are getting faded gradually.
Example of UPS Manufacturing Company
UPS manufacturing company has been operating for 10 years and has 30 employees. They have manufactured more than 900 devices for different clients across various industries. But the company is facing the following problems:
- Accepting orders is easy, but delivering products at the right time is challenging because purchasing components at the right time and manufacturing products without delay isn’t easy.
- Hiring and training engineers is a good idea, but it puts a massive burden on finance. In contrast, outsourcing technicians might damage the work quality.
- If there are not enough HR services for after-sales, managing the after-sales service schedule can be challenging.
- When a customer calls from a far area and wants you to fix a problem it can be expensive. It might not be as expensive when customers pay for it, but when they call you during the guarantee period, it can be costly for the company.
Digitalization Is the Solution to These Problems
Company managers must understand that the problems mentioned above can be solved with digital transformation. But for that, they need to hire a consultant for IoT development. The IoT consultant will analyze every aspect of the business and then share ideas, so that you can become a digital master.
How Does IoT Technology Help ?
IoT helps business in many ways :
IoT Virtual Assistant
Lots of customer service issues can be fixed by implementing IoT virtual assistants. Each monitoring system can have a log of alarms, so when a customer connects a device to the internet on their site, a virtual assistant can monitor their alarms. Factory technicians can also play their part remotely.
Guarantee Control
In most cases, companies can’t determine that operators have misused the device. But with IoT, companies can control misuse. Moreover, they can disable the guarantee in case of misuse.
Digital Portal for Customers
As mentioned earlier, supplying all components on time isn’t easy. But with digital portals, it will be easy for customers to schedule orders, and companies can deliver orders sooner.
Temperature and Humidity Check
Digital devices are sensitive to temperature and humidity. Therefore, implementing IoT gateways can help collect data and warn users if the conditions are damaging the device.
Smart Updates
Sometimes it’s hard to implement updates on sold devices. But with IoT, you can access devices remotely and update them.
Conclusion
If you want your company to stay competitive, implementing IoT applications and IoT platforms can help you stay in the competition. Luckily, Arshon technology can help you stay competitive.
