The Future Is Now
With the continuous and rapid development of technology, more and more companies today hope to complete digital transformation and provide customers with the greatest value.
With this in mind, Microsoft has been developing a comprehensive Internet of Things (IoT) product portfolio for many years. At Build2020, Microsoft outlined its Internet of Things roadmap, which proposes a transition from connecting resources and devices to connecting smart manufacturing environments, ultimately leading to a connected ecosystem—connecting different environments around the world in real-time.
Companies that want to take the next step toward digital transformation need to adhere to a strategic strategy throughout the process. These organizations will need a fully connected solution.
For some, this includes moving to platforms like the Microsoft ecosystem. The Microsoft ecosystem, built with enterprise customers in mind, is a complete system with new infrastructure and functionality. Seamless interoperability with Microsoft Office and Enterprise Planning products is at the heart of its digital ecosystem, helping to consolidate its value for many types of businesses.
83% of organizations have improved their efficiency by introducing IoT technology, | Dataprot.net
Just as important as the industries adopting IoT will be the ability to benefit beyond the typical cost savings that include increased customer loyalty and overall profitability. This is the perfect time for companies looking to take the step to find a connected solution that allows them to accurately collect and analyze more data than ever, allowing them to transform their business and achieve improvements in all operations.
Every day we see more and more IoT devices designed for use in the home, in the car, and even as wearable devices. This trend also extends to various sectors such as manufacturing or transport.
These sensors can report various data elements, such as asset location and health, temperature, ultraviolet radiation, liquid level, smoke, gas, chemicals, etc.
These sensors not only communicate with each other through the network but also with each other in different environments. Although the term “Internet of Things Ecosystem” is usually reminiscent of this image of a network of devices that can communicate back and forth, if you can’t do something meaningful with the data collected by the entire organization, this kind of hardware and the things it produces are nothing. Meaningless.
Being able to read data is where connected software comes into play; especially complete systems, such as those developed by Microsoft and its Dynamics 365 and Office 365 products.
The Microsoft Ecosystem
Microsoft’s focus on developing closer interoperability between products provides a complete overview of day-to-day operations. The Microsoft ecosystem has been designed specifically for enterprise use to seamlessly integrate existing cloud services and products. This means that several products work together on the same platform.
Office 365 products (such as Outlook, Sharepoint, and Teams) work directly with Dynamics 365 CRM and ERP (such as finance and customer service) to provide up-to-date information anytime, anywhere. You can use Dynamics 365 and Power Automate and Power BI in Office 365 to extend your reports, which can be viewed from different devices.
This comprehensive suite of connectivity helps organizations operate more efficiently and keep up with less-prepared competitors by giving employees access to the tools and data they need to do their jobs and keeping them in a better position to take advantage of the growing IoT movement.
Global IoT spending is estimated to be upward of $ 15 trillion (USD) over a six-year period from 2019 to 2025. This growth is happening across all sectors and is driven by the use of IoT in the retail, retail, healthcare, automotive, and transportation sectors. In manufacturing alone, up to 58% of companies believe the Internet of Things is essential to transform operations as more and more companies move to digital.
Final Thoughts
Microsoft has invested nearly $ 5 billion in IoT in recent years, creating a strong partner ecosystem to drive IoT adoption. Microsoft has focused on critical areas such as research and development, security, smart services, and other emerging technologies to build a trusted network of people and solutions to improve customer experiences around the world.
As technology continues to advance and use cases and opportunities evolve, it’s clear that more organizations will need to leverage IoT devices and capabilities across everything from fleet maintenance and inventory management to health monitoring and unified experiences.
The right decision will be invaluable for these companies and for those who have not yet embarked on digital transformation. The Microsoft ecosystem has already proven itself as an equally valuable partner in the development of devices and IoT capabilities, seamlessly linking connected devices with Office 365 and Dynamics 365 products on a single platform.
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