Innovate and be competitive with the Internet of Things
The Internet of Things is growing exponentially. According to analysts, the number of connected objects is expected to reach 50 billion by 2020. The ability to transform ordinary products into smart, connected objects is allowing businesses to generate new revenue streams and drive innovation. From optimizing business performance to creating new services or business models and improving quality of service, find out how your business can capture the value of the Internet of Things.
Enhance operational efficiency
The Internet of Things is raising standards in terms of operational effectiveness. New data collected from smart, connected objects is a gold mine for businesses and can be used to analyze the efficiency of internal procedures in order to meet productivity objectives and reduce costs. For instance, in supply chain operations, inventory management can be improved through real-time tracking of products in sectors such as retail, manufacturing and healthcare.
Increase quality of service and customer satisfaction
A lot of the value generated by the Internet of Things will be captured by customers such as businesses that use IoT systems to improve the efficiency of their operating processes and end users that benefit from increased quality of service and improved products. This applies to factories that rely on predictive maintenance to reduce machine downtime through continuous monitoring of performance, and by extrapolating learnings from the IoT data collected from other models.
Create new business models
With IoT solutions, businesses can generate new revenue streams by creating innovative business models. For example, smart, connected equipment allows organizations to switch to product-as-a-service models thanks to sensors that exact information on product usage. Likewise, insurers can provide clients with personalized pricing models with wearables that monitor healthy living habits and connected cars that track driving behavior.
Identify new services
The Internet of Things affords companies the ability to identify new services that increase the comfort, health and security of customers and employees. In stores, customers are benefiting from optimized shopping experiences thanks to automatic check-out processes and personalized promotions. In cars, connectivity enables new services thanks to applications used for route planning, real-time navigation and info-tainment. The connected car will also provide new features like remote disabling of stolen cars and automatic maintenance recommendations.
Building a global picture, making the right decisions and successfully implementing your IoT project
With Orange as your IoT partner, benefit from our expert advice that will allow you to paint a comprehensive picture of the challenges you may face. Our IoT professionals will help you bring together the different elements that need to be taken into account before starting an IoT project (estimated ROI, potential business/service models overview on the ecosystem, etc.). We also guide you in making the business and technical decisions that will help you meet your objectives.
Once you have defined how the Internet of Things can best be used by your business, the next step is successfully implementing your IoT project in four key steps:
The first step is to transform ordinary devices into smart, connected devices that communicate through embedded software development. The second step consists of finding a solution to transmit data across multiple networks (fixed, mobile, satellite, etc.). Once this data is sent, you’ll need to gather, store and process it according to your business’ needs, using either cloud-based or application enablement platforms. Lastly, you’ll need to view and manipulate relevant data on web interfaces, dashboards or applications.
Orange Business Services can accompany your business throughout these steps because our tailor-made solutions are perfectly adapted to your needs. We’re also there during the post-implementation transformation process thanks to our vast range of end-to-end solutions.
Because the protection of sensitive, confidential data is vital to the integrity of your enterprise, we offer a complete suite of industry-leading security services. At Orange, we understand that while IoT will bring us to new levels of interaction with our customers, it will also mean a greater-than-ever attack footprint for potential attackers. Security is an integral part of our products, and we constantly take steps to expand our security controls and features to keep up with the latest trends.
revised 2 Dec 2015