IoT: Driving business outcomes in an era of connected world

“If I could save time in a bottle

The first thing that I'd like to do

Is to save everyday till eternity passes away

Just to spend it with you…”

When Jim Croce wrote the lyrics for this slow soulful song (time in a bottle), he couldn’t have ever guessed that nearly 50 years later someone in India will remember these lines when he writes about the transformational impact of Internet of Things (IoT), a technology that still sounds like an alien theory to most people. Because that is exactly what IoT does essentially – it helps you live and work smarter, provides greater functionality and helps you with better access to control things around you effortlessly, thereby giving you ‘time in a bottle’.

IoT is a term used for connected things; the process by which these things communicate and transmit data; the technology enabling this process and the final goal. To put it simply, the technology behind IoT is so efficient that it gives you an opportunity to spend more time with your friends & family and lets you do things that you really want. We are already living in the era of smart devices: smart cars, smart homes, smart phones, smart refrigerators, smart audio systems and beyond. These are all examples of consumer IoT solutions which are already making huge impact on our lives.

IoT solutions are revolutionizing the way Industries carry out their business. With their devices connected on the IoT, they are able to gather necessary data which is required to make informed business decisions. It can have an impactful transformation on all aspects of an enterprise, be it technologies, processes, business outcomes and profitability. In fact many companies in India?are?using?IoT solutions to drive their business growth as well as to innovate, as the technology is enabling them to become intelligent and data-driven. With key partnerships, innovative platforms and a consultative approach,?IoT?providers are helping enterprises to adopt?and integrate IoT solutions across their operations.?

Now let me tell you about the leader in the pack, and it’s just not me saying that, the Frost & Sullivan’s Mobile Services Report of Q4 FY 2020-21 has found that Airtel IoT is the market leader in India’s Cellular IoT Segment. With a revenue share of 45.5% in the Enterprise Cellular IoT segment, Airtel is clearly the preferred choice of enterprises in India.

Airtel IoT solutions lets you connect and manage billions of devices and applications in a highly secure and seamless fashion. Using Airtel’s Pan-India robust network with platform’s flexible API’s, Enterprises are harnessing the true potential of IoT. They have now improved control and manageability of their devices. With real-time data monitoring and analytics, they can now manage their inventory better and make informed decisions. With accelerated adoption of IoT ecosystem in daily business operations, Airtel Business has successfully developed industry specific use cases to address customer’s pain points and drive business value. The company has created significant strategic differentiation from competitors in the IoT market with unique industry-specific solutions that are highly secure and comply with the regulations. It supports over 6 million managed IoT connections and is trusted by over 2,500 large & over one million emerging enterprises from across sectors- Manufacturing, Energy and Utilities, Automobile, Logistics, Financial Services.

With its strong capabilities and deep expertise in the space, the company has embarked on a digital transformation journey pan-India to provide customers with IoT solutions irrespective of their size, industry, or location. To give you an example, Airtel Business has enabled Meghalaya Power Distribution Corporation (MPDC) to deploy 200,000 smart meters in homes across the state. These meters are equipped with Airtel’s 5G ready IoT SIMs that remotely transmit customers usage of energy in near real-time, cutting costs and helping to balance supply and demand. The implementation of smart metering infrastructure has been a major milestone for MPDC.

With Airtel i-Smart Technology, MG Motor India launched India’s first internet car as early as 2019, providing best-in-class connected car technology to customers, offering access to more than 60 connected features, including real-time infotainment and telematics. ?

With Airtel’s unique IoT solutions in areas such as asset tracking, vehicle telematics and industrial asset monitoring, among others, companies in India are already changing the way they do business in India and abroad. ?

It’s truly a ‘made in India’ solution for businesses that are growing with India!!