Since IoT has been gaining popularity and experimented with in different fields, the supply chain industry was completely transformed by this technology. In a supply chain, at every step of the process, IoT solutions are used to optimize and accelerate the operation. Here are some useful ways IoT has advanced the supply chain. - Inventory Forecasting: With machine learning, IoT can learn over time the pattern that enables an accurate forecast and immediately plans interventions if a problem is detected. - Monitoring & tracking: IoT systems like RFID helps supply chain managers locate the exact shipment or asset in real-time. This helps increase transparency which contributes to improved customer satisfaction. It can also monitor the storage conditions of raw materials and products. - Administration: The implementation of IoT has helped automate warehouse operations in large warehouses for major retailers and logistic companies. Machine intelligence with IoT is also an extremely beneficial tool to improve resource management by finding inefficiencies or detecting resource leaks.

IoT Proof of Concept is similar to a test run before the real implementation. It is a perfect way to introduce IoT into your business while verifying that the solution performs excellently. Utilizing IoT PoC allows you to experiment with the new model that benefits your operation process by evaluating your environment, collecting data, transforming & visualizing information, assessing performance, and other capabilities of digital transformation.

IoT devices have been so readily available that we sometimes forget it has only been possible so recently. Here are just a few examples of IoT in our lives. - Healthcare: Nowadays, your health can be monitored automatically and remotely in real-time. Sudden changes in temperature, blood pressure, heart rate, and so on are quickly notified so you can take action fast before the condition gets worse. Data collected could help physicians choose the best course of treatment and reach expected outcomes. - Smart Home: Ever wanted to come home to a cool lit-up house on a hot summer day? You can do that now with smart homes. Everything in your house from lights, water flows, and alarms all from one place. Not only are you promoting security, but also making your life a lot easier. And don't worry about forgetting to turn off your oven ever again! - Smart City: The term “smart city” has been a popular concept where the Internet of Things applications improve urban infrastructure and make urban centers more efficient, cheaper, and easier to live in. An application example would be sensors tracking the traffic and controlling traffic lights to decongest traffic.