The ideal state of Concox IoT business - the future of IoT

Concox - China smart IoT solutions provider/manufacturer provides end-to-end IoT solutions and high-quality 2G/3G/4G GPS trackers all over the world at the best price.

Data Visualization

After successfully acquiring, collecting, and transmitting data, it is only by visualizing it that it can stimulate human imagination. To occupy a dominant position in business activities, it is absolutely inseparable from the structure that makes data visible.

From the point of view of data acquisition, “capable of acquiring data that was previously unavailable to humans” “capable of obtaining physical and electronic data that cannot be directly obtained” is “less costly than previous methods” and “more efficient than previous methods”. Can help business activities.

From the point of view of collection and transmission, for objects located in the distance or scattered over a wide range, “capable of collecting data that humans cannot collect” “reducing the time required for projects that would otherwise take a lot of time and Cost can also play a role in business activities.

Although visualization may allow us to discover unprecedented ideas, from the perspective of business activities, we should start with actual results (reducing cost and time), and discover new ideas that should be regarded as added value or unexpected gains. This is the way forward on the ground.

Speaking of data visibility, tracksolid(www.iconcox.com)- as an end-to-end solution, it is a secure, open and scalable platform that plays an essential role in the optimization of resource utilization by enabling visibility and simplifying management.

Tracksolid, as a cloud-based solution with a complete set of services designed for remote management, fleet tracking, asset tracking and a diverse set of vertical applications. With Tracksolid, Concox can assure you a secure, open and scalable platform to optimize your resource utilization by enabling visibility and simplifying management.

State Visualization

Through the data visualization , managers can compare the work of employees to improve work efficiency. But if a new trend like IoT is only used to improve work efficiency, it is too wasteful. So while actually achieving results, you should also think about the extent to which IoT can ultimately help business activities.

In this sense, because the area of business activity is the real world, IoT should be able to observe and verify all the states that occur in business activities. If the answer is no, then you should find a way to make it possible. It is the "visualization of the state."

In the commercial activities, confirm whether it exists. “The state that leads to the loss of opportunity” is “significantly in a state of uselessness” is very important. For example, the retail industry, which has been paying great attention to data long ago, will obtain data such as "what is good in sales" and "how much is in stock" according to the sales situation, and then "how long should the interval be last, and how much should be loaded at one time" The optimization calculations monitor the state of the lost opportunity and the state of uselessness.

From the point of view of useless work, out of stock is the biggest opportunity to lose. If sales data can be obtained, it is possible to accurately predict the possibility of out of stock based on inventory. Unexpected out-of-stock situations can occur if you cannot accurately grasp the sharp changes in sales and why such changes occur. If the out-of-stock knowledge of ordinary goods does not cause too much loss, but if it is a product with great development potential, then it may be missed not only the immediate opportunity but also the risk of losing future business opportunities.

Nowadays, consumers are becoming more diversified and the competition in the industry is becoming more and more fierce. If only existing customers are used as the target, it will be difficult to produce in the fierce competition. Consumers must be analyzed before they become their customers.

It is difficult to grasp the situation that the customer's needs cannot be satisfied simply by the data. However, by analyzing the image data, the customer's behavior pattern can be understood to a certain extent. Through the public opinion on the Internet, the customer's psychological state can be understood to a certain extent, so as to grasp "why the customer came to the store but did not purchase the goods". "Why are customers picking up the goods but not buying them?"

This way, you can discover your own potential by not only grasping the results on the surface but also grasping the potential possibilities. Once you reach this stage, you can analyze the issues such as "what is the cause of the loss of opportunity" and "whether it can avoid this situation." In addition, when you grasp this situation, even if you only submit a report to the management and related departments, it is also a very important contribution.

Optimization

After grasping most of the status, including potential business opportunities, the next stage is optimization. Prior to this, it was only seen as a conclusion, but if you can expand your horizons from a time and space perspective, you can discover potential business opportunities. And then, we need to find out the state that best brings business advantage from many states, and propose specific ways to achieve this state. If you can do this, you can provide extremely important information for business decisions.

For example, in the business environment of recent years, in addition to the traditional methods of making products, materials, and sales methods, the business model of “profit-making method” is used to determine the winning and losing situation. Although at first glance it seems that many business models have been proposed and time, in reality, these are just a combination of about ten basic models. Since the business model is a method of earning money, it is simply the exchange between the value that can be provided and the value of the payment, and the value of the payment far exceeds the business model of providing value, which is impossible.

That is to say, as long as the state of the business activity and the necessary resources owned by the business are listed one by one, the optimization of the business model combination and the optimization of the profitability can be simulated in the information space.

Self-discipline

The final stage of the IoT blueprint is to "control" the real world and create a system that allows the IT world to achieve self-discipline at the same time as the real world. This is also the stage in which the optimized business model can operate in the real world in the expected state.

As mentioned in the previous section, the real-world models created in the IT world are not all perfect. In most cases, the actual effects are different from what was expected. Therefore, it is particularly important to be able to find the deviation between the actual situation and the intended goal and to be able to change the planned system. This is equivalent to "C" and "A" in the PDCA (Plan Do Check Action) loop.

From a system that is capable of correcting one's own behavior and constantly changing it (called an autonomous system in the field of engineering), this is not a completely unrealized theory in terms of whether or not a business activity exists. For example, many merchants now choose to analyze public opinion on the Internet in order to grasp the consumer's purchasing tendency before the consumer comes to the store. However, because the speech on the network is relatively random, and the purpose of the speaker is not to Merchants convey their opinions, so the frequency of keywords can not accurately grasp the market demand.

In particular, public opinion on the Internet is mainly based on complaints and dissatisfaction. If you only look at the number of speeches, you may come to the opposite conclusion. However, even under such circumstances, as long as the speakers in the statistics contain speakers who are more inclined to speaking and speaking intentions, as well as those who are interested in business activities, they can still be based on the speeches of these people (in the ability to accurately grasp the content and intentions). In the case), observe how real society reacts.

In a sense, this can also observe how real society reacts to control and grasp the real situation of the market. Although not all commercial activities can use this method to accurately grasp the market conditions or control the market in a certain sense, the ultimate goal of IoT is to be able to lead the market or industry.

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