The Internet of Things. It wasn’t long ago that many of us had never heard the term. Now IoT is everywhere, and it's coming to you for good reason. The technology is fundamentally changing the way many industries operate, providing data and information that helps them run more efficiently, more safely and ultimately, more profitably.
For example, Recon's patented motion-based sensors not only track assets, they reveal actual usage and automatically transfer clear, actionable data to any device without scanning. While Recon has the only third-party motion-based sensors who's batteries last 5 years or more, there are many sensors of all types that track anything we can imagine like location, temperature, acceleration, humidity, speed or elevation.
Industries of all types are finding enormous savings by leveraging IoT based systems.
Here are some eye-opening stats and facts.
In manufacturing: A recent Ericsson study of jet engine production found that IoT technology could save about $27 million in a single factory, and up to $360 million globally.
In agriculture: IBM estimates that 90% of all crop failures are caused by the weather and that the use of IoT in crop management could reduce failures by up to 25%. According to The Nature Conservancy, such precision agriculture can cut water and fertilizer use by up to 40% without reducing yields.
In healthcare: A recent study by a leading IoT provider revealed that globally 60% of healthcare organizations have adopted IoT devices, and that 73% report cost savings.
According to McKinsey & Company, IoT will have a total economic impact of up to $11.1 trillion by 2025, which is right around the corner. Will your company be among those benefiting from it?
About Recon Dynamics
Recon's action-from-data service starts with patented motion-based sensors that not only track assets, they reveal actual usage and automatically transfer clear, actionable data to any device without scanning. Construction companies, electric utilities, the tree care industry and many others benefit from our systems. With a proven track record of improving efficiency, safety, and the bottom line, we'd love to hear how we can help you.
Care to learn more? Just let us know.