The Internet of Things is one of the most used Tech Terms in the last decade. Engineering students saw a rise in IOT workshops and more and more research and perspectives were brought into the technology. The idea of “smart” and “automated” products that is supposed to make life a lot easier for us seemed so believable and promising.
However, IOT garnered some frowned faces from the industry after some stage one IOT industry systems fell prey to many cyberthreats.
Experts said that IOT is still in the baby stage and as they dig deeper into it, it`s becoming evident that handing a complexity of that level is an extreme task and may not be handled well by the current systems and would not suffice as a barrier to malicious threats.
Establishing helpful IoT systems that run securely, efficiently and independently has proved incredibly difficult. However, Blockchain seems to be the light seen from the tunnel. Blockchain technology makes a promise for easing that burden on IOT.
In 2018, security, privacy and identity verification has become the most basic concern in IoT deployments. Vast amounts of IoT data must be collected, transferred and delivered in a secure fashion amongst valid stakeholders, and processing now occurs at various layers within an architecture to trigger decisions at the right point. If a source is not cooperating or conducting well, they need to also be removed or resolved.
The fact that there are so many types of threats and so many poorly secured devices further confuses matters. Add to this the growing cadre of IoT communication protocols and you have an extremely complex problem that is difficult to solve at scale.
How`s Blockchain comes to the rescue.
The blockchain model that’s based on cryptographically secured and immutable distributed ledger technology and consensus could improve IoT frameworks with better automated resource optimization and security by making sure it provides:
• A distributed system of record for sharing data across a network of key stakeholders.
• Embedded business terms for automating interactions between nodes in the system.
• Hash-based security, verification of identity and provenance authentication.
• Consensus and agreement models for detecting bad actors and mitigating threats.
These features allow the Blockchain to validate itself with the network making sure at least it`s at least a little bit more secure. Business logic could execute automatically via smart contracts. The best feature about Blockchain is the absence of a central system. And with no central system to attack, threats like denial of service attacks could be inherently solved at different layers in the architecture.
Now how can Blockchain improve IOT?
• No more worry during Software Updates: The ability to publish software updates as a URL on the blockchain will be provided. And to make things better, it can be done with a cryptographic hash of the update which can be validated by blockchain-connected IoT devices during the process so an extra layer of security is added.
• Payments and micropayments made simpler: Automated payments using IOT has been a big No-No in the industry for the trust issues. But now, these can be done to business network participants based on sensor data (indicating, for example, service completion or product delivery), as well as micropayments between devices themselves if needed. And all this can be accomplished without Human Intervention.
• Analytical model tracking: Allow the system to record metadata and results about logic executed at the edge of the network for the purposes of regulatory compliance, and create an immutable history of why certain “decisions” were made during IoT processing.
In spite of all this promises and potential, the involvement of Blockchain in IOT is not meant to solve every issue. Current performance and scalability limitations are incompatible with many IoT functions. A new type of blockchain platform is needed which is capable of supporting the large volume of devices and their processes involved in an IoT system. What will likely emerge is a hybrid or polyglot architecture, with varying frameworks customized to utilize blockchain differently at IoT’s edge, platform and enterprise layers.
But as businesses continue to make changes constant efforts to root out the efficiency and security problems, it is becoming obvious that blockchain-based solutions are believed to have merit and bring real-world value to the table.
To put it simply, Blockchain is not the answer to everything that`s still to be fixed with IoT. But it can take it a step further.
The future of internet of things is quite promising. Smart, autonomous, interconnected and self managed are the terms which best describes IoT which is growing both in intelligence and complexity.
Enterprise, technological companies are all working to implement IoT techniques in their business. To increase their business value and outcome they will need more number of sensor embedded digital products. More and more industries will look at IoT to attract customers, develop their brands and improve user experience.
Retail shopping will also have a complete transformation in future. From smart selves to smart tags will replace barcodes which will inform more about products than a showroom executive does. IoT will improve customers lifetime value that will eventually increase market share of brands.
Amalgamation of beacon with IoT is a great help for store`s operating success. Beacon is a small bluetooth ratio transmitter that uses low energy Bluetooth Connections automatically send push notifications to customer devices when they approach near the stores. One of the prime benefits of Beacon technology is it enhances users experience and productivity. since these are small devices it can be installed anywhere in the store. IoT sensors and Beacon devices help in collecting data which will assist the store to operate successfully. Shopping patters and behaviour of customers can be collected which will help the store knowing likes and dislikes of customers
Machine learning AI will give tremendous scope to IoT. It will be able to predict when does a machine needs repair, it will self optimise productions. A combination of AI, IoT and Big Data will give rise to next generation applications and advancements.
So, IoT industry has a great future in the upcoming years. The future will be promising and certainly worth which can be looked forward to.
There are still much more work which can be done. IoT has the potential to create lot of value for organisations who want to implement it.
Retail Analytics is a term that has been used by retailers to analyse and understand their customers and change their product listings, prices and more. Though this term is relatively new in the limelight, it has been used by retailers for a long time. Let’s understand how it is used.
Today, the world has shifted from the traditional brick and mortar business and the whole purchasing process of most of the things that the urban population wants to buy is in their hands now through the channels of apps, emails, websites, Social Media and other such online mediums.
But regardless of the fact that whether customers are buying online or offline, businesses today are taking that extra step to make sure they understand their customers better and drive more conversions that increases profits.
How is Retail Analytics being used in the today and the future!
Retail Marketing Analytics: Marketing is something that has been playing a pivotal role for businesses to drive more customers in. And these served and serve very well for businesses now. But now, some Old-school marketing ways found their basic principles getting slipped into digital ones. With so many analytics tools being available to businesses now, they are applying the old techniques to new ones like Customer acquisition, customer retention and more with better accuracy and more avenues to explore. And till now, this new front of the Retail Marketing Analytics has fetched well for businesses.
IOT coming into play: The Internet Of Things movement is offering retailers a substantial number of opportunities and avenues to expand to. Be it boosting customer experience, or increasing supply chain and revenue streams, IOT is coming into play. As more and more consumers are increasingly adopting connected devices and wearable technologies, retailers are being able to leverage data from these devices to optimise customer interactions, it is also being used to enhance the in-store experience and deliver custom and personalised offers and dynamic pricing to customers. From the business point of view, the Internet of Things technologies could help retailers drive operational efficiencies via employing a myriad of connected devices to perform things, such as track inventory or adjusting pricing in real-time.
Sentiment analysis: It is often important for businesses to know how their customers feel about their product. Though every business has an idea about it, there is often an absence of Data to support it. Sentiment analysis is a new way of determining how customers and potential buyers feel about your product. It uses the concept of ‘text analysis’ to understand what customers are talking about the product on different channels like Social Media. Sentiment analysis helps predict trends, can connect customer reactions to products and marketing materials, and can be the missing link that explains sales fluctuations for any business.
Point of Sale analytics, or POS analytics, is a broad field that uses the information that relates to the final sale of an item. Now, POS analytics is becoming a big part of Retail Analytics in general that is not just covering not what was purchased and by whom, but also where that item was stored or shipped from, and information about the customer including rewards points, address, email, etc.. So this contributes to the data that helps into making better understanding and decisions for businesses.
Not ‘Anticipatory’ anymore: A few years back , a news came out about Amazon patenting the idea of “anticipatory shipping” and everybody lost their minds. Anticipatory shipping is the idea of “moving goods around based on their predictive analysis of likely consumer behaviour.” Because of your history, in other words, Amazon could predict that you were about to order a pack of toilet paper. and make sure it was in stock at the closest distributor well before you even clicked on the order button. This was a “WTF” idea a few years back but now a lot of businesses are closer to better analytics through different tools into retail so be it on a smaller level or a larger level, ‘anticipatory’ shipping or stocking of products is the future for retail.
Dynamic Pricing: In the world of Retailing, Dynamic pricing is something that retailers have been using even before the term has been circulated in Business schools. Dynamic pricing is the act of changing the selling price of a product based on the ability of the customer to pay. With more and more personal details being used into targeting ads and being incorporated into retail Analytics, businesses now have a better understanding of what the buying capacity of a person is. So regardless of whether you are aware of it or not as a customer, dynamic pricing is being used on you too.
The Indian Government announced its vision of Smart cities a few years back and since then the Smart Cities Mission has kicked off. And with this new concept coming in, there are a lot of things to look out for and trends to keep an eye on for both consumers and businesses.
In layman terms, A Smart City is a city equipped with the basic infrastructure to give a decent quality lifestyle, a clean and a sustainable environment through the application of some smart solutions with or without the use of technology.
Every Smart City is supposed to have a basic infrastructure well equipped with better transport means, assured and uninterrupted supply of Electricity and clean water, better government-citizen relationships using e-governance portals, ensuring safety and security of citizens and of course a consistent and fast IT connectivity.
Apart from these basic needs, a Smart city must incorporate smart solutions to make the problems faced by Urban Citizens on a daily basis. Public should be able to access information about their city, grievance redressal should be made more swift, electronic service delivery, citizens’ engagement, waste to energy & fuel, waste to compost, 100% treatment of wastewater, smart meters & management, monitoring water quality, renewable source of energy, efficient energy and green building, smart parking, intelligent traffic management system. All these are some features a smart city needs.
India is all set to have 1 Smart City at least in every State and Union Territory of hers. And today, in 2018, we are seeing some trends that need to be taken note on.
Electric Commutes Booming: One of the main focus areas of a smart city is that it should be as Environment-friendly as it can be made. So as a result of it, the government has increased its spending on incorporation and promotion of Electric Vehicles as one of the primary mediums of transport within the city. Many States have started giving projects to Engineering Colleges and Universities to come up with better designs and execution plans for manufacturing of Electric Vehicles like E-Rickshaws. So as a result, more and more businesses are coming in and investing their RnD and money into making Electric vehicles that can be used for daily commutes by the Urban Citizens.
Here Comes 5G: It’s been quite some time that the world has been fascinated by what 4G had to offer and India got a sweeter piece of the pie after the rise of JIO. Now, it’s time for the next step. Major Communication Brands like Verizon Wireless and AT&T have been eyeing on the Technology for a long time and have been one of the first companies to go after the technology. We can expect that India will also not be far on the race and have more 5G connectivity options incorporated soon. Smart Cities are said to be the niche in which this 5G connectivity will be most used and incorporated on a daily basis. And it makes total sense that a city heavily dependent on Technology will keep on growing and taking up new technologies as they come faster than other cities.
The Living Maps: Probably the most interesting trend on the list, “The Living Maps” is a very interesting and futuristic concept that can turn the whole game for Smart cities if implemented correctly. It is evident that in these Smart Cities, The technology involved in the day to day activities, both governmental and personal will be on a shared network of their own in the IOT model. Using these, there’s a concept that involves the merging of GIS, big data, and analytics to create real-time ‘living maps’ to model community behavior.
Blockchain: The star child of Technologies that came up in the last 5 years, ‘Blockchain’ is expected to hold its position in Smart cities also. With Increasing investments in Cryptocurrency and more and more business taking up Blockchain as a part to make their customer delivering of products, Blockchain will surely be implemented as a part of the daily technology use in Smart Cities. Experts believe that certain Smart cities across the world may incorporate the use of Cryptocurrencies for a part of the day to day transaction within the city.
Safety, The most promising one: One of the core problems that the Smart cities are set to solve is the safety issue that many people all over the world face. The organizations in charge of Smart cities are currently in the process of developing large-scale technologies that will use the power of AI, image recognition, Big Data, Robotics and other technologies to create a service that can easily take a widespread surveillance of the whole city, locate and take appropriate measures in case of the safety of any citizen is compromised.
As an end-note, we can expect that Smart Cities will try to provide the best living conditions for its Citizens, and especially in a country like India which is increasing its demands in use of technology every day, it is a big problem solver, now, we just have to wait and see how well the proposed designs and plans are executed.
With the increase in people using Cloud as their primary and secondary Storage option for their files, there emerges a lot more concerns for the security of the Data that the users voluntarily provide to the Cloud Storage companies.
Cloud storage, in layman terms, is “Somebody else’s computer” where you store your data and can access it whenever you want with the help of the internet. In 2018, a lot of Heavy internet users are moving on to cloud storage because of two main reasons: one being that they are finding it extremely hard to allot space for the amount of files they want to keep on their devices, and second that they fear losing the files and the data if they lose or irreparably damage their device somehow.
Where’s the Key to the storage?
In general, most of the files held by major cloud storage companies are encrypted so that someone who is not authorised to access the files, can only access encrypted data.
But who holds the key to the encryption. Normally it is held by the companies themselves because it gives the users less hassle to go through to get their files. While some high-level data encryption keys might also be kept with the users.
Why is it more secure than what you think
Regardless of what you believe, Data on the Cloud is multiple times secure than the traditional systems. No, just because Cloud is called “Someone else’s computer” doesn’t mean that that computer is as accessible and vulnerable as yours. Every Cloud Storage and computing company spends millions of dollars every year on keeping the data safe. They have multiple layers of firewalls and encryption tools that make sure that your data is kept safe from unauthorised people’s hands. There’s one added advantage in the security of Cloud storage over traditional storage devices is that your storage device can be stolen and it can be irreparably damaged, but with cloud security, there’s practically little to no chance of that happening. Also, Most Cloud storage companies give their users a controlled access, so even if you have your data on their cloud, it doesn’t mean that any third party, or any employee of the company can access your data at their will.
So which is better?
In 2018, if you have a smartphone, you will understand the reason why Cloud Storage is hailed as a boon. Legacy systems in 2018 only give you a faster internet-free way to access it. But if you have internet access like most of the urban Indian population has at the moment, and with increasing and already-there Security enhancers on the cloud, you know that Cloud Storage is the way to go.
IoT, one of the most talked about industries in the last decade has gone through its beginner stage as an industry and is moving towards some big and dynamic changes in the whole system in this year of 2018 itself.
IOT has gathered a lot of attention now, with every industry using it or including it in some form or the other. IOT increases productivity, efficiency and also explores new business model. The global IOT market is increasing at a significant rate. In the last five years all IOT industries as well as companies have grabbed a significant notice. Here are some uses of IOT trends in different sector.
In this year of 2018, there’s a high expectation among Industry leaders that the Blockchain Technology will increase its stand as one of the most lucrative trends in the IOT industry. Since the boom in awareness about cryptocurrency in the last few years and Etherium and Bitcoin becoming household discussion topics, investment in Blockchain is expected to go up this year. But how will Blockchain facilitate the IOT industry? If the technology of Blockchain is merged with IOT, it will open a vast area of possibilities, one of which will be a secure way of recording the data processed by IOT devices. Blockchain could provide the infrastructure needed by two gadgets to transfer money or data directly and IOT will use the “smart contracts” avenue to incorporate the agreement made between the two parties. This will be a boon for the IOT industry because it adds another dimension of security to the data and in case of any leakage, blockchain can locate the issue node and repair it faster.
IOT in medicine
Whenever we have thought about IOT, one of the first scenarios that comes into our minds is our home appliances and our phones talking to each other and making our life a little bit easier. However, there’s a very big avenue where IOT can be and is being used to and that is probably the best use of it. IOT is currently in the process of being incorporated into the medical field on a large scale. Currently, there are some hospitals which are already testing out a few applications of IOT in the healthcare industry like Remote Monitoring of patient, better alerts and management of patients arrival, Cleanliness in the room. According to a report, the expenditure and investments on IOT in the healthcare sector are projected to grow at a rate of 15 percent per annum, with a volume of up to $117 billion by the year 2020. Needless to say, IOT can prove to be a huge boon for the healthcare sector.
Big Data and AI
Now that billions of consumer and industrial devices are being connected to IOT and transmitting data every passing minute, the amount of data that is produced needs to be processed and analyzed, will grow multiple folds. The key idea is not just to procure data but to extract workable and detailed insights from this data and that will need some fast and executable big data techniques and artificial engineering works to process all that huge amount of data.
A collective convergence of AI, IOT and Big Data is going to give rise to a wave of next-gen applications and advancements. And, it may become a difficult task to look at either of these three technologies as a stand-alone Technology anymore. Companies these days are going big on Data Analytics to drive their business for growth as they can understand how their customers are behaving in relation to their products. Now, more and more companies are realizing that they can make this process even faster and more efficient with the involvement of IOT in it. As of
2018, one thing is for sure, that IOT is going to be one of the most sought-after technologies by Industries which rely on Big Data.
In the Digital Ecosystem of the year 2018, Data security is something that can definitely not be ignored and will be one of the top IOT trends of 2018 and beyond. Everyone from IOT industry leaders to tech-savvy consumers has shifted their focus from just the “Wow!” factor of IOT to data security, and 2018 will witness major progress in the field of IOT protection and privacy.
The new GDPR set of regulations related to data privacy that needs to be implemented in the Europian Nation and other overall developments in the personal security worldwide, security will undoubtedly receive a kickstart again as a result of IOT developments in 2018.
The real challenge, however, will be to make people understand the changes in the system as well as their outcomes clearly, and adopt concrete measures to benefit from the possible upside because some people will find it increasingly difficult to go through their IOT devices without banging into some firewalls. So needless to say, IOT security will be under heavy scrutiny.
The risk of cybersecurity failing will greatly increase as enterprises, people, and processes connect every part of their daily lives, along with national economies. The harsh truth is, the future environment may allow for attacks to be mounted not only from public networks but even private gadgets, like a smart home or smartphones. Thus, IOT security features will prove useful and it is to be expected that IOT industry is going to come up with an unexpected addition for fortifying the security in the connected world of IOT.
The global mining industry has witnessed as significant transformation the prime reason behind such transformation is the introduction of numerous smart mining technologies for carrying out operations these include several automated mining equipment sensors, RFID tags and different types of mine monitoring software.
IOT is the creation of a network of physical devices which enables to establish connectivity while exchanging data without human to human or human to computer interaction.
HISTORY OF MINING INDUSTRY
Previously the mining industry was largely dependent only on labour force. Miners mainly used iron, chisels and hammers, pickaxes, compressed drills, and other manually operated tools for mining operations.
Emergence of IOT in Mining Industry
Market size for connected mining segment has considerably grown over the past few years as there is an improved emergence in mining industry, which has not only ensured opportunities for the market but also led to significant investment in smart mining.
As opportunities are rising in the market, it will ensure productivity, sustainability and safety with minimum amount of cost wastages involved. As a result of which miners will be benefitted with smarter, cheaper and smaller internet connected sensors in their factories. Previously the global smart mining markets was under valued but now it is projected to reach dollar 22,589.5 millions by 2024 and expecting their annual growth increasing by 14.7% from 2016 to 2024.
Beacons are strong wireless devices which helps to transmit signals via BLE. Beacon has a strong influence on purchases, app engagement and retention. retailers can use Beacon as a advertising tool
Industries which can use Beacon Technology are b2b, ecommerce hospitality information technology politics health,real estate sports etc, beacon helps to get accurate location within a small area and even transmits small amount of data via bluetooth low energy upto 50 metres. It is not only beneficial for indoor location technology but also can be applied outside. It is possible to estimate distance from a beacon by measuring relative signal strength and to estimate exact location by beacon triangle
There is lot of buzz everywhere about internet of things. But what is IoT? Where it can be used? What are its benefits? Is it a boon for us? How does it work? What is its Importance? Here is an detailed answer to your questions.
IOT is the creation of a network of physical devices which enables to establish connectivity while exchanging data without human to human or human to computer interaction. While the world is getting modern, machines are getting advanced some of the best gifts bestowed upon us by technology are sensor driven decision analytics, instantaneous control and response to complex autonomous systems, tracking buying behaviour for real time marketing, smart home devices and health care monitoring via internet of things.
Application of IOT
· Supply chain and logistics: Industries can track the deliveries of their material by the use of RTLS. Perishable goods can be monitored to keep it safe from damage.
· Workers safety in plants: These devices can be used inside factories as well as during rescue against some hazards.
· Inventory management: To track down the flow of inventory in retail shops so as to track which goods are flowing fast and which are not, understanding the shelf life of goods.
· Production flow monitoring: IOT in manufacturing can be used to monitor the production process start from refining process to final packaging. This will make the industries to digitalize their whole manufacturing process.
· IOT in agricultural sector:It ensures the crop and soil receive exactly what they need for optimum health and productivity. This will increase the profitability.
How does IOT work?
Devices have built in sensors which are connected to IOT platform which integrates data from different devices and analyses to give the result. There are lots of other parts in an IOT device: sensors, actuators, board antennas , chips, web/mobile interfaces and so forth. Sensors can help to collect information related to what a business wants to achieve by sensing its surroundings. On the other hand, actuators help to bring changes in the state. They take decisions and report data back so that an effective solution can be perceived.
1. Automation of an entire factory build on over 5 acres of land.
2. Understanding the flow of the production process.
3. Picking out technologies to be used for different components of Supply Chain
4. Architecture for Inventory Visibility at every level & its control
Approach & Solutions:
We developed a multi-purpose application with inventory, automated tracking, reporting, etc. that was used to turn RFID reads to actionable intelligence.
1. Our tracking platform manages data from RFID, barcoding & QR, BLE & Beacons, RTLS, outdoor GPS location and even from generic IoT sensors.
2. Every item or pack that was manufactured was given a unique, secure identity in the cloud for tracking and monitoring throughout its lifecycle. Rich individual profiles were created with detailed product and logistics information, such as the intended destination or where it was made.
3. On-product sensors can record temperature and humidity or the status of packaging (such as damage in transit), and send this data in real-time to the cloud where customizable rules automatically register analytics and trigger alerts and business workflows
4. Mobile and supply chain apps were built for brand inspectors and consumers to identify and scan products.
5. Each interaction is captured in real-time and sent to the cloud, updating the product’s profile with scan location, user information or product status. This data is used to trigger customized rules or alerts; for example, to send an SMS to the nearest field investigator based on the geo-location of the scan.
6. A wealth of data on the products, operations and consumers is available in the intuitive dashboard which provides actionable insight on distribution partners, countries or product lines, as well as direct end user information including social profiles, locations and preferences to help build a valuable marketing database.
1. Traceability through Live location and time-based data on all inventory, with parent-child hierarchies covering component-level to shipment-level.
2. Real-time reports and alerts on cold chain performance and quality control data.
3. Real-time stock levels at warehouses and retail outlets, with auto replenishment to reduce out of-stock situations
4. The same technology allowed the marketing teams to launch consumer engagement campaigns, where the product itself became brand-controlled, interactive media.
5. Once the faulty ingredient, packaging or batch is isolated, the company was able to identify all the affected stock and its location. This pinpoint accuracy enabled the manufacturers to make recalls faster, minimize the scale and out-of-pocket costs of the recall, and consequently limit the longer-term, devastating damage to brand reputation
With real-time cold chain management, instant alerts could be sent if temperature thresholds were exceeded so that cargo spoilage and disposal charges were prevented.
6. Products which ends up in the wrong markets were spotted using geo-location software rules which could be notified to the staff in real-time via dashboard alerts and SMS.
Telematics is transforming business operations and customer engagement. Companies that manage fleets can use fleet telematics to collect real-time information such as vehicle behavior, fuel usage, speed, mileage, and driver insights to increase productivity, reduce expenses, and improve safety.
TenPi’s IoT solutions for telematics and fleet management gives you real-time information about vehicle operation to:
Optimize routes and increase productivity.
Control fuel costs.
Reduce operational expenses.
Improve driver safety.
Increase fleet security.
Remotely diagnose maintenance requirements.
1. Connected car systems monitoring
2. Smart driving assistance
3. Cloud-based infotainment solutions
4. Automated emergency management
5. Real-time fleet management
6. Driver safety systems
7. Optimized logistics
6. Predictive maintenance
In addition to making fleet operations safer and more cost effective, telematics enables new services that can significantly impact customer satisfaction:
1. Rental car companies use vehicle telematics to provide enhanced customer service and faster emergency response.
2. Insurance providers use vehicle telematics data to analyze driving patterns, encourage safe driving, and reward customers with lower premiums for good driving behavior.
3. Car manufacturers also use telematics to offer remote diagnostic and safety services for the lifetime of a vehicle and to build better relationships with their customers.
To know more about our Fleet Management services write to us at firstname.lastname@example.org
What is Precision Farming?
Precision Agriculture is an approach to farm management that uses information technology (IT) to ensure that the crops and soil receive exactly what they need for optimum health and productivity. The goal of Precision Agriculture is to ensure profitability, sustainability and protection of the environment. Precision Agriculture is also known as satellite agriculture, as-needed farming and site-specific crop management (SSCM).
Precision agriculture relies upon specialized equipment, software and IT services. The approach includes accessing real-time data about the conditions of the crops, soil and ambient air, along with other relevant information such as hyper-local weather predictions, labor costs and equipment availability. Predictive analytics software uses the data to provide farmers with guidance about crop rotation, optimal planting times, harvesting times and soil management.
At a basic level, precision agriculture can include simple practices such as field scouting and the spot application of pesticides. However, precision agriculture usually brings to mind complex, intensely managed production systems using global positioning system (GPS) technology to spatially reference soil, water, yield, and other data for the variable rate application of agricultural inputs within a field. Research is ongoing to develop or improve yield monitoring methods and equipment, determine economic and environmental impacts of variable rate application of agricultural inputs, and use remotely sensed data to make management recommendations. Many farmers think that precision agriculture will allow them to achieve uniform production over their farm. In reality, the goal of precision agriculture should be to optimize inputs for agricultural production according to the capability of the land. Precision agriculture methods help farmers recognize areas that have productivity and environmental problems and to select the best solution for each one. At the extreme, precision agriculture may help a producer identify land that should be taken out of the current production system because of economic and environmental considerations.
How does Precision Farming help?
1. Monitoring the soil and plan physicochemical parameters: by placing sensors (electrical conductivity, nitrates, temperature, evapotranspiration, radiation, leaf and soil moisture, etc.) the optimal conditions for plant growth can be achieved.
2. Obtaining data in real time: the application of sensing devices in the fields will allow a continuous monitoring of the chosen parameters and will offer real time data ensuring an updated status of the field and plant parameters at all time.
3. Automating field management: by incorporating a Decision Support System (DSS) in the farm’s Precision Agriculture environment the best conditions for the specific soil and plant species will be automatically optimized based on the data obtained by the sensors. The DSS will suggest the best moment for watering (or whether there is need or not), the need to irrigate to wash the salt content due to an excess in the radicular area, the need to fertilize, etc.
4. Saving time and costs: by introducing a Precision Agriculture system in the daily operation of an agricultural exploitation time is saved due to the on-line measurement methods. Data from the sensors is automatically transmitted to a central server and this can be consulted using a Smartphone or Laptop. Or even, email or SMS alerts can be programmed to notify the field owner when there is a need to irrigate, fertilize or address any issue in their properties. Moreover, costs in terms of water, pesticides and others are optimized and can easily be reduced.
5. Improving brand image: By using Precision Agriculture technology, not only the yield and profits will be increased but also the perception of the general public and Public Administration (through Smart Agriculture and environmental care) towards the farmers’ activity will be enhanced.
In the United States it has been reported that thousands of pellets of temperature sensitive pharmaceuticals are wasted each year in transit, as the temperature conditions violates the safety standards of the drugs thus causing changes in the molecular dynamics of the drugs which have reverse effects on the patients consuming the drug.
The growing use of sensors on the production floor has enabled the aggregation of data over multiple departments and across manufacturing plants distributed globally. Referred to as the Internet of Things for Pharmaceutical Manufacturing (IoT-PM), this has the power to radically change how pharmaceutical manufacturing plants operate. It allows manufacturing activities to be supervised from any location at any point of time. Real-time monitoring enables minimizing waste, increasing equipment utilization, and lowering production costs.
Some of the applications for IoT in the pharmaceutical manufacturing and supply chains include:
• Smart serialization through AIDC (Automatic Identification and Data Capturing), which involves automatically identifying objects, collecting information and feeding it into the computer system, all done sans human involvement.
• Real-time logistics visibility using RFID (Radio Frequency Identification) & sensors to capture and report parameters.
• Smart warehousing and routing.
• Predictive maintenance of machines & equipment.
• Customized Medicine.
• 3D Printed Drugs.
2) Surveillance at Manufacturing house:
Pharmaceuticals packaging is critical to ensuring products quality. Companies must follow strict guidelines for determining the way a drug is transported, administered, and consumed. Smart pharma packaging can help ensure that shipments and medications are accurately tracked, and that the supply chain remains fluid,efficient and cost-effective.
Tools such as automated guided vehicles, RFID tracking, sorting and process-flow tracking enabled the company to ensure consistent batch production. This will give the company real-time visibility into their manufacturing operations, increasing productivity and improving the bottom-line.
3) Smart packing of the pharmaceuticals:
The product offers smart packaging, asset tracking, and counterfeit protection. End-to-end asset tracking through Smart pack ensures the product isn’t tampered with in transit from the manufacturer to the patient. This offers the manufacturer the ability to mitigate reputational risks, ensuring cost savings by averting lawsuits.
IoT Adoption (Challenges faced)
To fully capitalize on the potential of the Internet of Things and enjoy the benefits throughout their value chain, pharma companies must first invest in a supportive IoT infrastructure with the capacity needed to handle heavy-duty requirements. Since security is paramount, companies must also be prepared to invest in IoT-based security solutions.
Another hurdle pertains to the availability and suitability of manufacturing equipment to modify and validate IoT solutions. Balancing project requirements with commercial supply needs and key performance indicators (KPIs) for gauging operational efficiency can be overwhelming. The IoT solution may require validation if its purpose is to support GMP best practices. This could extend project timelines and efforts.
Pharma companies must view their IoT investments from the standpoint of fostering innovation, heightening efficiencies, improving processes and operational performance, and adding more value for the business, its suppliers, and its customers. By adhering to IoT best practices and learning from others that have successfully implemented IoT platforms and solutions, pharmaceuticals companies can be better prepared to face the growing demands of today’s hyper-competitive, hyper-connected global economy.
Investing in transformational technologies has its own set of challenges. Following are our recommendations and best practices for implementing and benefiting from the Internet of Things.
• Think big, start small, fail fast, scale quickly. This is critical; IoT investments in sensors and network capacity for data management can be huge, and it can take time to realize the returns.
• Choose the most compelling application/ solution with the highest potential business value for the first implementation.
• Bring key decision makers on board; define success criteria early in the project lifecycle.
• Perform pilots; establish business benefits through a proof-of-concept (PoC).
• Employ agile methodologies for proof-of concept implementations to realize tangible benefits from greater user interactions, with the flexibility to customize solutions in a structured way.
• Augment your team with a suitable partner that offers a dedicated infrastructure and facilities, plus expert industry and technology teams focused on integrating various skill sets to effect digital transformation across the implementation lifecycle.
To know more about our services and solutions, mail us your queries at email@example.com