Land businesses face an uncertain environment. With supply chain disruption, inflation, and macroeconomic uncertainty taking their toll, achieving profitability is becoming tougher. Meanwhile, sustainability and health and safety regulations are forcing them to invest in different ways of doing business.
To adapt to this dynamic, businesses need to make their operations more efficient, more sustainable and safer. Internet of Things (IoT) technologies offer the potential to develop visibility across their estates – including machinery, assets, and vehicles – helping them hone their operational fitness and put in place the foundations for automation.
There’s also a huge opportunity to collect and use data at the edge of their operations. This data has historically been under-exploited, despite its potential value in revealing how the business is operating at its most critical points. With IoT in play organizations can now collect this data systematically and use it to transform how they work.