Published On: Wed, Dec 7th, 2016

Is Your Business Ready for the Internet of Things?

Remember the days of sending important documents through the mail or relying heavily on phone calls to conduct business? The rise of the internet changed all this by bringing about a “push” network, one that exchanged paper trails for e-mail threads. Now, with the rise of cloud-based services and wireless broadband technologies, systems are evolving more rapidly into a peer-to-peer network.In fact, according to statistics cited by Business Insider, there will be at least 24 billion Internet-of-Things (IoT) devices by 2020. Nearly every person on the planet now ownssome form of mobile technology, be it a laptop, a smartphone, or a tablet. Thus, it’s crucial for businesses to adapt to the changing times and integrate IoT into their workflow.

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Invest in the Right Infrastructure

While you may have enough computers and mobile devices to cover all of your employees, you can’t forget about something less tangible: bandwidth. Because IoT relies heavily on transmitting large amounts of data in real-time, you’ll need enough network bandwidth in order to handle this load. This is especially important given the fact that there could be unexpected data spikes every now and then. The last thing that you want is for all of your IoT systems to go down due to too much traffic.You’ll also need to invest inhigh-quality wireless broadband technologies for enterprises, as none of these will work well with slow and limited internet connections.

Look into Flexible Data Storage

Traditionally, active business data would be stored on local CPUs. Once this data was no longer in use, it would be archived in the form of floppy disks, CD-ROMS, and external hard drives. These days, though, more and more data is being backed up to more easily accessible cloud storage options out in the market.

While it may seem counterintuitive to give up physical servers and drives in favor of cloud storage, this could also provide your company more flexibility. You’ll have more room for more employees, for example, rather than using up office real estate just for equipment. You can also scale your storage plan up or down, depending on whether or not you need to expand or shrink your current team. More importantly, you’ll have less physical inventory to move around in case you have to move addresses. Just sync your devices to your cloud-based storage, and you’ll have access to your data almost instantly.

Find Ways to Analyze the Data

You aren’t just collecting data for the sake of amassing it and putting it away. You are, of course, analyzing this data to improve your business operations and profits. But with the massive amounts of data that you’ll have to deal with, you’ll need the right business platforms to cope with it all. You’ll also need to hire data experts to analyze and interpret this data so that you know exactly what it all means for your business.

Is your business ready to embrace the IoT revolution?As any company owner knows, adapting is key to surviving in any industry, so make sure you don’t get left behind.

About the Author

- Paul Linus is an eminent online journalist who has been writing news, features and editorials on different websites from across the world for about a decade.

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