Say goodbye to disconnected thinking and hello to smarter decision-making and improved outcomes
Over the last few years, we have steadily progressed towards a connected world where billions of interconnected things communicate seamlessly with each other, people, and systems.
According to a Gartner forecast, IT services for the IoT market will represent a $58 billion opportunity in 2025, up at a 34 percent CAGR from 2020. An Accenture study estimates that nearly 60 percent of organisations are already engaged in IoT projects. However, they often face significant challenges in deploying and managing an IoT solution, and most of these projects have not been able to deliver the promised benefits.
A foundational challenge is connectivity – ensuring that different devices spread across multiple regions can be connected in the most optimal and cost-effective manner. With many vendors, OEMs, and service providers, ensuring interoperability between different devices, including legacy assets, is another priority. Some of the use cases we can enable includes:
What’s threatening to spoil the IoT party?
Connectivity, which is a foundational challenge – ensuring that different devices spread across multiple regions can be connected in an optimal and cost-effective way. In many IoT use cases, endpoints are not adequately secured, making the ecosystem vulnerable. Securing these different devices across the entire IoT estate is a big challenge. Moreover, leveraging the vast amount of data generated to make more informed business decisions requires an integrated data management platform.
How does a trusted partner help
I. Overcome IoT deployment challenges
II. Safeguard against threats
In a recent article discussing the evolving landscape of IoT and its impact on industries, Mysore Madhusudhan , Executive Vice President of Collaboration and Connected Solutions at Tata Communications, highlighted the transformative potential of successful IoT projects.
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"The adoption and application of mobile technology is transforming the way we live and work. The world continues to go mobile, as the broader mobility ecosystem grows exponentially, resulting in the intersection of man, machine, methods, materials and mobility - what we refer to as the 5Ms. Based on our experience with many customers, we have seen that most successful lOT projects are able to solve the challenges of ubiquitous connectivity, data management and intelligence and security." - Mysore Madhusudhan (Executive Vice President - Collaboration and Connected Solutions, Tata Communications)
Embarking on the Journey towards Connected Success Stories
Tata Communications has played a pivotal role in transforming the IoT landscape for various enterprises. These real-world examples demonstrate not only the power of seamless connectivity and robust cybersecurity but also the tangible benefits achieved by organizations embracing the IoT revolution. Let's delve into some illustrative success stories that showcase the transformative impact of our solutions in diverse industries.
Illustrious Success Stories
Pharma & Chemicals Giant: Tata Communications transformed worker safety for a pharma & chemicals giant using the Safepass solution. Over 8000 employees were connected through wearable devices, enhancing safety through capabilities like geo-fencing, visitor and location tracking, and eliminating the need for manual headcounts.
Middle East Airline: Achieved a 50 percent reduction in baggage-related complaints, a 50 percent improvement in baggage transfer time, and halved check-in reporting time for customers.
Saudi Arabia's Smart Street Lights: Driven by Saudi Arabia's 2030 Vision, Tata Communications delivered an end-to-end platform for city-wide street light management. Achieved 20 percent energy savings, 80 percent operational savings in time for physical checks of streetlights, covering 83,000 lamps on 64,000 lamp posts.
India Smart City Initiative: Centralised control across services, including smart parking, water management, traffic congestion, and street lighting, resulted in a 27% reduction in energy consumption for 15,000 street lights. The deployment saw ROI being achieved in less than three years.
International Dairy Company: The utilization of an IoT global asset tracking solution in conjunction with Tata Communications MOVE? SIM cards ensured a confidential and steadfast data transmission, resulting in an 11% decrease in goods damage, saving 30 minutes per delivery, and a 12% decline in pallet theft.
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Conclusion:
Connecting and securing the growing world of smart devices can be tricky. But having a reliable partner, like Tata Communications, with our all-in-one IoT services and strong cybersecurity solutions, can help tackle these challenges. Our solutions with globally available connectivity, end-to-end visibility and secure end-point access means your enterprise can unlock the full potential of IoT and ensuring a safe digital world. Discover how you can make your enterprise world of devices more hyperconnected: https://www.tatacommunications.com/powering-hyperconnected-ecosystems/connected-solutions/
That's a fantastic vision, @user! As Arthur C. Clarke said, "Any sufficiently advanced technology is indistinguishable from magic." ??♂? ManyMangoes can be your magical partner in this hyperconnected future, boosting your decision making and business outcomes. Let's start the journey together! ?????? #ConnectEDThread
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