6 reasons why companies need IoT

During my time as a professional cyclist, I learned that the more information and technology I could leverage, the faster I rode. As technology improved, the data and insights I collected from daily training optimized my performance. I monitored things like heart rate, power, and nutrition and incorporated all of it into my routine. The more I analyzed and integrated this data into my training regimen, the better I began to understand how sensitive each individual aspect of my lifestyle was and how information delivered key indications of my fitness. In a sport where races are won and lost sometimes by inches, any increase in my fitness, even if it was only one percent, could mean the difference between winning and losing. If I could have connected my entire body to sensors that delivered real-time insights to increase performance, I would have.

In athletics, I was just touching the surface of how to incorporate information technology into understanding human potential. Luckily for business, similar enterprise transformations are possible today by using key technologies such as the Internet of Things (IoT). With the visibility and analytics delivered by connected devices, companies can make the right decisions at the right time, safeguarding profitability and customer service. And not unlike cycling, small percentages in improvement for a business could mean the difference between establishing competitive advantage or dropping behind the pack. So, here are six key reasons why I think organizations across every industry need to adopt IoT into their digital transformation strategy.

https://blogs.oracle.com/scm/post/6-reasons-why-companies-need-iot