Services IoT & Data Science to deliver in future
Automation business processes are in progress for more than 4 decades. Now businesses requires technology and systems to provide intelligence in serving Enterprises to anticipate future and take accurate decisions in preassigned moment.
Decisions that are based on extrapolations in past are mostly erroneous. Hence decisions should be based on well thought scientific models based on various factors, learning and expert systems, artificial intelligence, which is Data science.
“Digital science is exhaustive use of new technologies to enhance businesses”
Digital science will enabled services to more automated, more cost effective, more flexible, more agile and more robust. Many of us agree that growth requires faster and more intelligent data analysis and enterprises are more likely to increase their market-share when using digital technology connecting them to their eco-system.
IoT & Data Science expected deliverables in various Business:-
a. Customers Sales and Services:
- Order to Cash in one click
- Shortest delivery time
- After sales support to customers delivered instantly
- Reduction in quality cost
- Forecasting with pin point precision
b. Assets Management:
- Digital Assets Lifecycle Management
- Enabling Assets Performance, Strategy Management and Benchmarking
- Prediction the loss of life of Assets anytime
- Reduction in maintenance costs
- Reduction of total downtime
c. Safety:
- Signals to connected drivers during transportation to prevent accidents due to “fatigue”
- Cars embedded sensors to keep security distance and enable self-driving
- Prevent with "what if" scenarios big catastrophic accidents
- Prevent up to billion in damages and health-costs annually
d. Capacity:
- Transformation of the Energy Value Chain to enable energy efficiency, CO2 reduction.
- Intelligent traffic management to manage highways peak traffics
- Connected Logistics in Ports to increase Dock's efficiency
And many many more solutions that will be combined to deliver highly efficient system with minimal errors.
Some analysis conclude that 45% of establishments are using or planing to implement IoT in 2016 and IoT will save consumers and businesses trillions a per year in maintenance, services and consumables.