The digital world is changing at a breakneck speed, and businesses need to keep up with the latest innovations to stay ahead of the curve. One of the most powerful and disruptive technologies of our time is the Internet of Things, or IoT. IoT refers to the vast network of devices that are connected to the internet and can communicate with each other, from smartphones and smartwatches to industrial equipment and smart home appliances. These devices generate and exchange data, creating new opportunities for businesses to optimize their operations, enhance their products and services, and delight their customers. IoT is not just a trend; it’s a game-changer for businesses of all sizes and sectors. We’re on a mission to help mid-market businesses in Australia unlock the power of IoT and transform their performance.
Why should mid-market businesses in Australia care about IoT? Because it can deliver significant benefits across various aspects of their business, such as efficiency, productivity, quality, and customer satisfaction. A study by PwC and the Australian Computer Society (ACS) estimated that IoT can generate potential annual benefits of A$194–308 billion over a period of 8–18 years for five key industries in Australia: construction, mining, manufacturing, healthcare, and agriculture. These industries account for 25% of Australia’s GDP and can improve their productivity by around 2% per year through IoT. Furthermore, IoT offers a $30 billion opportunity for Australia’s tech sector by 2023, with hardware, software, and solutions experiencing unprecedented growth rates.
How can mid-market businesses in Australia leverage IoT to boost their performance? By implementing IoT solutions that suit their specific needs and goals. Whether it’s improving asset management, streamlining processes, enhancing quality control, or increasing customer loyalty, there’s an IoT solution for every challenge. The key is to partner with an experienced and reliable IoT provider that can offer end-to-end solutions, from strategy and design to implementation and support.
To empower businesses through technology so they can achieve sustainable competitive advantage and effectively mitigate risks
