The Internet of Things (IoT) has the potential to significantly disrupt organisational functions by enabling businesses to collect and analyse vast amounts of data. As per Frost and Sullivan’s report, India is expected to witness an upsurge in IoT connections and reach 31.9 Mn by 2024.
These numbers point towards the next big technical disruption - the IoT disruption.
Today, IoT connects almost every device to the Internet. Chipsets and sensors are all around us in every industry. These devices generate massive datasets that IoT collects to further analyse. It processes data from various sources to deliver deep, valuable insights. These insights open a pandora of opportunities for improvement and growth. Organisations are realising the importance of the data being generated and that implementing IoT will be a key competitive advantage moving forward.
Vi is committed to helping such organisations transform their business digitally with IoT by offering end-to-end integrated IoT solutions. These solutions comprise of hardware, network, analytics, security, and managed services coupled with our core IoT connectivity solution.
IoT is disrupting various functions within organisations to help optimise processes, cut costs, alter operating models and reduce time to market, to name a few. Let's look at a few crucial enterprise functions IoT is disrupting in a big way.
Supply Chain Management
An IoT network transforms supply chain management by providing real-time data on logistics. You can optimise operations with data on transportation routes, asset movement, and delivery time, as well as enable predictive maintenance and quality control.
Vi Business's vast portfolio is best represented by its elite clients. During the critical COVID-19 vaccines drive, Vi partnered with a leading vaccine manufacturer to deliver vaccines as per global vaccine quality controls and compliance. The Smart Mobility-Cold Chain solution provided seamless remote asset and fleet tracking. The dashboard-based controls enabled efficient management, quality control and contingency planning. Importantly, Vi maintained the stipulated temperature control during transit and storage.
The second example is of working with a steel giant. This is another win for us, where we offered end-to-end fleet and asset management solutions. The IoT solution allows tracking vehicles, asset movement, and logistic support. Real-time insights enable the company to enhance safety and reduce vehicle misuse, theft, and other anomalies.
Human Resource
HR operations are tricky and IoT is increasingly used to enhance HR functions. It is helpful for mobile workforce monitoring (within or off-premises); real-time data on employees' attendance; recording body temperature; capturing attendance and tracking workforce utilisation and productivity.
Vi's Health, Safety and Wellness (HSW) fleet management solution is a massive step toward employees and vehicle safety by providing real-time visibility into drivers' driving patterns and routes. It also tracks night travel and vehicle parameters like over speed and braking. Geofencing and real-time mishap alerts improve safety and enable speedy actions when required.
A leading security company operating pan India has improved employees' safety by integrating Vi’s people tracking solutions with GPS-based employee IDs. The guards can generate real-time alerts and make two-way emergency calls through i-card tags.
Facility Management
Cost-effective facility management is the toughest route to achieve the ambitions of energy and cost reduction, improved efficiency and operation optimisation. IoT solutions monitor your building, equipment, and assets to deliver real-time insights into energy consumption, machine performance, predictive analytics and alerts to manage assets proactively, ensure parking space management, and more.
Vi has a rich set of facility management solutions. Energy management, Remote HVAC monitoring, asset tracking & management, condition-based monitoring (CBM), and smart locks are our winners. Our solutions have helped businesses enhance efficiency and reduce costs.
Recently, a leading Indian publishing house joined hands with us to monitor chillers and compressors at over 40 sites across India. Vi's Condition-Based Monitoring (CBM) solution provided real-time data for chillers and compressors used in the printing room with graphical reports on predefined parameters. Local sites could share these reports over the cloud platform via WiFi networks. Access to real-time data helps initiate timely actions to improve efficiency.
Our Remote HVAC monitoring solution offered to an auto component manufacturer had helped significantly reduce energy consumption and enhance equipment performance by collecting near-real-time data on critical equipment parameters. Graphical reports on the data drive rapid decision-making. Condition-based monitoring and intelligent maintenance keep machines healthy and reduce energy consumption and expense.
Sales Operations
To support the sales teams, the IoT management platform delivers detailed insights into their customer base. It provides real-time data about population density, demographics, customer preferences, and behavior, they can deliver hyper-customised solutions.
With advanced analytics and real-time customer insights, we deliver unparallel inventory management and sales forecast. Vi's IoT solutions provide complete visibility into daily operations and product sales.
Vi helped one of the largest FMCG company with an IoT Smart Mobility solution to provide control over ice cream carts' movement and keep them on a predefined path. Advanced analytics with heat maps helped direct carts to high-density customer areas to increase sales.
IoT disruption is the way ahead for greater efficiency, cost-saving, and enhanced customer experience, to name a few.
We at Vi Business, spearhead the changes IoT brings. With comprehensive planning, careful implementation, and highly skilled IoT experts, we deliver customised IoT solutions that best fit your needs.
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