Date Published: 01/06/2023
The Internet of Things (IoT) is a phrase that we often hear in business-speak, but what exactly is it? In simple terms, the Internet of Things is a whole network of devices, software and people that share information with one another. The devices that are mentioned can be a wide variety, from smart devices in your home, such as a smart fridge, all the way to sophisticated tools that are used to solve complex problems. There are over 10 billion devices within the IoT network today, and it is anticipated to grow to 22 billion by the year 2025. Now, as the growing number of devices is increasing, we are needing to find new and innovative ways to offer seamless communication between everything.
With all these devices, there is not a lack of data to be used. The cloud, mobile devices and applications, analytics and big data all are working to collect data, without any effort required on the human’s part. Because of this, digital systems are able to record, monitor, adjust and track all interactions with various devices. Some industries that particularly benefit from low-code and IoT are those that use physical inventory and operations, such as manufacturing, logistics, construction or utilities.
Affordability: There is an increase in more affordable and reliable sensors, which has enabled more manufacturers to incorporate them into their products.
Simpler connectivity: the internet and networks have evolved over the time, making it easier to connect these sensors to the cloud and to transfer data back and forth.
AI: With machine and learning and AI, these devices can capture data more efficiently and have more seamless ways to integrate the data.
Cloud computing: the growing number of cloud platforms has made it so that most businesses and consumers have proper access to the infrastructure needed.
For many organizations, IoT can be the sweet spot to truly separate themselves from competition, by improving their operations and offering different solutions. IoT apps can be developed in which sensor data is combined with both predictive analytics and machine learning, resulting in more dynamic and intelligent products.
However, building applications around IoT can be extremely challenging and time consuming. They require complicated backend data, the connection of various systems, the necessity of analytics and data as well as the struggle of simply finding someone with the required skillset to implement these improvements. This is where low code has come in handy for many organizations. Through low-code platforms, users are able to build the applications much faster and in a much less complex fashion with the usage of drag and drop coding, versus traditional coding.
When using RMP Digital Suite, and through our partnership IoT.nxt, you can overcome the isolated data silos that work against you limiting your ability to transform your IoT data. You can leverage all critical datapoints in one ecosystem, supplying businesses with information on where people and assets are deployed at any time and which functions they are carrying out. Having all datapoints readily accessible enables businesses to seamlessly implement and integrate business processes and applications and increase the company’s efficiency, productivity and overall market performance.
Integration of systems: With RMP Digital Suite, you can easily integrate your IoT edge data with a broader range of systems and SaaS services, such as Office 365, SAP, CRM systems and other bespoke and legacy applications.
Incorporate business areas that were not previously digitized: You can integrate IoT edge data into enterprise applications so that business areas like machine monitoring or preventative maintenance can use the data to optimize their workflows.
Simplification of data: with IoT, there is often an abundance of data and it becomes challenging to manipulate it to find valuable information, pull trends and conduct forecasts. Through RMP Digital Suite, you can take this data and feed into a single source of truth to provide a digital overview of the entire organization as well as its technologies, equipment and processes.
Creating a more data driven and responsive organization: When using RMP, IT departments can easily ingest data to see at any time which of their assets and people are deployed as well as the functions they are carrying out. With the instant access to this information, the IT departments can do their jobs much more efficiently, inadvertently improving the business bottom line.
RunMyProcess DigitalSuite is helping companies across the world automate their business processes, reduce operational costs, and streamline sales outcomes. Our platform is easy to use and entirely customizable for the needs of your business. To learn more about DigitalSuite and how it could benefit your organization, sign up for a free trial today!