In today’s world, IoT has become an essential part of almost all industries. Right from smart bulbs present in an office environment to a network of industrial machines detecting quality control issues, IoT is present everywhere. There is a good possibility that regardless of your business, IoT devices can play a crucial role in accelerating business values. The Internet of Things (IoT), being an emerging technology, is set to bring numerous advantages for those who leverage it. Right from the logistics industry to telecom, there is no shortage of IoT applications around the world that can transform our lives. Be it more promising customer loyalty, fuel savings, or effective corporate work culture, the internet of things is sure to reap the first best results. With IoT becoming a major business disruptor, industries are quick to grasp opportunities either for a market gain or for extra operational efficiency.

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In today’s world, IoT has become an essential part of almost all industries. Right from smart bulbs present in an office environment to a network of industrial machines detecting quality control issues, IoT is present everywhere. There is a good possibility that regardless of your business, IoT devices can play a crucial role in accelerating business values. The Internet of Things (IoT), being an emerging technology, is set to bring numerous advantages for those who leverage it. Right from the logistics industry to telecom, there is no shortage of IoT applications around the world that can transform our lives. Be it more promising customer loyalty, fuel savings, or effective corporate work culture, the internet of things is sure to reap the first best results.
With IoT becoming a major business disruptor, industries are quick to grasp opportunities either for a market gain or for extra operational efficiency. IoT solutions with MSRvantage provide functionalities, benefits, and impactful solutions to bring about security, sustainability, trust, and transparency and reduce the cost of transforming your fleet management.

Business Applications Of IoT
IoT is expected to bring numerous benefits to how businesses manage their core operations, supply chain processes, and customers’ experiences.
Few of the most adopted use cases of IoT are
1. Vehicle Fleet Management
Cross-border fleet management can be overwhelming, which is why organizations gather real-time information with professional vehicle fleet management solutions. Managing the fleet is the number one IoT use case at present. Today, most fleet management solutions are reliant on wide-area connectivity with low-cost IoT satellite technologies so that vehicle fleets are always truly connected at a reasonable price.
2. Supply Chain Management
With accelerated digitization, supply chain management has been undergoing
modernization because of low-power sensors, GPS, and other technologies that track and trace products as they move along a supply chain. IoT traceability lets stakeholders effectively plan and reassure about the location of items across the supply chain. IoT technologies can also monitor and manage delivery requirements. Further, with IoT-generated data and using back-end analytics, organizations can determine supply chain improvements.

3. IoT-based Process Automation

The industrial-automation setups have now been upgraded with IoT-based process automation. IoT-based process automation illustrates and elevates all the operational processes that were either manual or depended on out-of-date in the past. This adds flexibility and agility to the operations process. This further helps organizations align their manufacturing and operations processes according to changing customer demands.
4. Understand Big Data
Collecting and analyzing big data is vital for a business to run effectively. The Internet of things can provide valuable insights into market trends as well as product performance. Organizations can further leverage these insights to make informed decisions and business strategies.
5. Engaging Customers
IoT can provide businesses with each customer data in order to deliver customized services. With this, organizations can create more focused and effective marketing campaigns by better understanding their customers purchasing patterns.

CONCLUSION
In today’s competitive environment, IoT-enabled technologies can help businesses stay ahead in the race with corporate giants. Day by day, IoT-enabling technologies are becoming smaller, cheaper, easier to use, and more convenient. The latest IoT development practices are already showing impressive results. Organizations can leverage this new technology and the resulting data into their business model. Clearly, in order to leverage IoT and its business applications, one must have an IT partner to guide through the overload to succeed.
With MSRvantage IoT solutions, create a better traceability system for your business using IoT sensors combined with blockchain. Integrate MSRvantage IoT-enabled traceability across your supply chain, and certify authenticity, security, and origin using the Internet of Things- IoT. Accelerate your digital supply chain transformation with MSRvantage and reduce the cost of transforming your fleet management.