Accelerating Digital Transformation
by IoTizing the Business
Internet of Things
Internet of Things (IoT) has emerged as the key technology enabler for Digital Transformation and proved to be growth drivers for business across industries. McKinsey estimates that IoT will have economic impact – including consumer surplus – of as much as $11.1 trillion per year in 2025.
Machines, Game Consoles, Kitchen appliances—many of the devices we use for work or pleasure already communicate with each other via the Internet. Things have evolved rapidly in recent years and continue to change how we interact with our surroundings. For companies, IoT brings new ways to monitor and manage objects in the physical world, while massive new streams of data offer better avenues for decision making (often mediated by machines) and mainly monetize it.
The steady fall in prices of sensors and communications technologies, combined with a parallel rise in understanding of how they can be applied, have raised the application of IoT technologies. IoT has moved to operational phase and already started delivering values in industries ranging from Healthcare to manufacturing.
Our 4 Pillars of Building an IoT Ecosystem
Sensors & Actuators
Accurate data measurement at a great energy efficiency
Edge & Gateways
Handling data on different volume, velocity & variety scale
Cloud & Analytics
Storing, processing & analysing data to generate Insights
Building great experience through Web, mobility & AR/VR
Realtime monitoring of Industrial Machinery , Operations & energy consumption.
Digital Connected Factory
Digitally connected factories enables visibility and transparency of information throughout the value chain which leads to dynamic scheduling and advanced process control.
Data collected from industrial machinery is analysed and used for predicting future maintenance.
Realtime monitoring of renewable energy generation for alerts and faults.
Digital twin of energy sources like Solar helps to identify insights for improving operational efficiencies.
Device Health Analysis
Key operational and performance KPI data collected over longer period is analysed for health of devices.
Remote Health Monitoring
Connecting health devices (wearable and non-wearables) and automatic data collection at clinics, hospitals and at home.
Enabling virtual encounters with healthcare professional for remote diagnostic and tele-medicine.
Pratiti’s IoT capabilities have been helping us to upgrade our device communication capabilities and user experience through their cloud and mobile application development. I sincerely appreciate their commendable job and commitment, that was critical to take our product innovation