5 times IoT for SMEs: This is how digitalization opens up great opportunities even for small companies

 5 times IoT for SMEs

Industry 4.0. Digitalization. Smart Factory. Digital, intelligently networked work processes, machines, employees and customers. According to all experts, the Internet of Things is a trillion-euro, exponentially growing, exciting global market of the future. And it is not just the large corporations that will benefit from this potential, as they will be completely transformed: Just about every company can make itself fit for the digital future, with different, appropriate measures and innovative solutions. That's why we are deliberately focusing on smaller, medium-sized enterprises (SMEs) in our new blog article. We use five points to illustrate how they in particular can benefit from targeted IoT measures and how they should exploit the enormous potential of digital technologies for themselves in order to maintain their competitive edge - not least in challenging times of crisis.


1. Process Optimization

IoT solutions are based on intelligent network structures and reliable real-time capability: as such, they offer optimal opportunities to optimize, monitor and control existing processes. Operating data collected via IoT technology is stored and processed in central information systems across the company and then evaluated and analyzed in detail. The resulting measures ensure the desired results: Risk minimization, yield optimization and cost reduction.


2. Cloud Computing

Constant data collection and data analysis requires reliable, permanent data transmission. Ideally, this runs via networking of the machines and a connection to an IoT cloud. Such a cloud solution is particularly suitable for smaller companies that do not yet have their own suitable IT infrastructure. In this way, they can simply purchase exactly the services as an on-demand "Software-as-a-Service" package that they also need for the respective IoT project - for exactly the desired period of time. This means that a strategically sensible entry into digitalization is also possible with low resources and without complex system integration. 

“Colocation 4.0" is a popular buzzword here: Many companies outsource their data centers to experienced service providers, not least because they guarantee a high level of reliability, scalability and state-of-the-art security concepts. The external specialists thus provide a stable, secure foundation for the internal systems - including power supply, cooling, environmental protection requirements and more - virtually in the background. The companies themselves can concentrate on their own digital transformation.


3. Digital Workplace

Mobile and flexible working, including home office: an important foundation of "Digital Resilience". The Digital Workplace is a guarantor of business continuity. The prerequisite is the right infrastructure with the necessary bandwidth (VPN), the appropriate hardware (notebooks, smartphones) and the necessary authorizations (Active Directory) and accounts (SaaS).

This creates flexible, digital workplaces that maintain operations even if locations have to be closed - for example, during a pandemic. Online meetings? No problem: Video conferencing is now standard, and the entire field of augmented/virtual reality is recommended for the maintenance of machinery and equipment. Agile, flexible collaboration in cross-functional and decentralized teams is no longer a pipe dream. A positive side effect of these investments: Minimized travel activities conserve human resources.


4. Recruiting

Potential new, young employees are now all part of the "digital native" generation. For them, many aspects of a digital world are a matter of course. This makes it all the easier for them to find their way around in it and - for example - to apply IoT technologies or even to develop and implement IoT solutions themselves. The thesis is therefore: the more digitized a company is, the more attractive it becomes for digital natives. The formula for successful recruiting could therefore be: A modern work environment attracts equally modern potential employees - no matter how large the company is. 


5. Smart Factory

No, the transformation to the "Smart Factory" is not too big for SMEs. Because even smaller companies can design their processes smartly and intelligently in order to optimize the areas of quality, costs and time. Smart Factory means: less waste, shorter lead times, more reliable delivery dates, faster quoting. It is precisely these opportunities for digitalization that small and medium-sized companies can and should take advantage of, even in initially small and manageable steps. Because this is exactly how they secure a competitive edge over their non-digitized competitors who have not yet recognized these opportunities.

veröffentlicht am : 2021-10-06 10:00