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With the increasing pace of technology, the breadth and depth of the Internet of Things (IoT) are constantly pumping life into new possibilities and perceiving digital transformation, particularly when it comes to IoT asset management. Clever and efficient asset management is essential for prudent use and control of resources. In this Bog, we will learn about the benefits of asset management in IoT . Benefits of IoT: Connectivity: Gone are the days when different devices had to be operated for different tasks. With the introduction of IoT, you can now control and operate multiple devices from one platform. For example, the mobile phone can be connected with TV and channels can be changed from the mobile phone.  Health Monitoring: IoTis practical in terms of health devices to deliver the advantage of real-time network connectivity. It provides real-time information about weight, body composition, and most importantly, offers advice to attain objectives such as weight loss and desi...

One of the common terms used in the context of asset management is the Internet of Things (IoT). Everyone recommends IoT asset management solutions but they fail to explain what it is or how it can benefit a business. First, let’s understand what IoT is. What is IoT? It’s a network of various physical objects such as software, sensors, gadgets, and more that are called Things. These are connected via the internet; hence the name isthe Internet of Things. In other words, it is a network of everything you want to be connected with each other. Now let’s take a look at the benefits of IoT. Benefits of IoT Connectivity That time is gone when different devices had to be used for different tasks. With IoT, you can control many devices from one and access data on any of the connected devices. Personalised Since it’s a network of your Things, the resulting network of systems is highly personalised. For a business, you can tailor which user has access to which data. If a manager needs access to...

What is the Internet of Things? Internet of Things, commonly known as IoT, is the system in which interrelated objects like computing devices, digital gadgets, and machines within an organization are connected to the internet using sensors, software and other such technology. These objects are known as “things” in the Internet of Things and are given a unique identifier. The purpose of connecting these things to the internet is to enable the transfer of data over the internet so that it can be shared with authorised people. The major benefits of this system are, there is minimal human-to-human or human-to-computer interaction and authorized personnel can access data anytime and from anywhere.  Some experts also define the Internet of Things as a concept where all the objects in the world are connected to the internet. In this blog, we will talk about the Internet of Things from a business’s perspective. What is the importance of the Internet of Things in asset management? Using IoT...