Internet of everything
Internet of everything

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Internet of everything

1.2.5 IoE and industries

For organisations to realise the potential value of the IoE, they must focus on the IoE-driven capabilities that most benefit their organisation. This can vary across industries.

Table 3 displays some of the potential uses of the IoE across multiple industries, including manufacturing, energy firms, and retail organisations.

Table _unit1.2.1 Table 3 The use of the IoE in industries

Manufacturing Energy firms Retail
IoE capabilities may include real-time, multidimensional data analysis, intergrated video collaboration, and remote tracking of physical assets. IoE capabilities may include integration of sensor data, ability to direct staff, and predictive analytics. IoE capabilities may include video, customer behaviour analysis, data analytics and visualisation, and location-based marketing on any device.

The IoE affects five core priorities of an organisation (Table 4).

Table _unit1.2.2 Table 4 Core priorities

Customer experience Innovation Employee productivity Asset utilisation Supply
Improving customer relationships to garner more of the market. Reducing time to market products and improving product development to meet customer needs. Providing the ability to be more productive and scalable. Lowering costs. Identifying areas of waste and delay, while increasing logistical efficiency.
IOE_1

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