Systems like Fourkites – Alternative IoT Services

FourKites is the world’s first foretelling supply chain visibility tool, providing predictive analytics and real-time visibility to the world’s largest corporations and third-party logistics providers. FourKites app helps customers reduce operating costs, increase on-time efficiency, and enhance end-customer relationships by using a proprietary algorithm to measure shipment delivery times. FourKites’ network encompasses all modes, including LTL, truckload, ocean, air, intermodal, courier, and outspreads a real-time visibility into the yard, with millions of GPS devices in 175+ countries. At any given time, systems like FourKites manages over a million loads and over $100 billion in freight. The platform is mobile-friendly and comes with industry-leading end-to-end security.

What is the Internet of Things, and how does it work?

The Internet of Things (IoT) is a hot topic with significant technological, social, and economic implications. Consumer goods, durable goods, automobiles and trucks, manufacturing and service components, and other everyday items are being combined with powerful data analytic competences and Internet connectivity to change the way we work, live, and play. The impact of IoT on the Internet and economy has been estimated to be as high as 100 billion linked IoT devices and a global economic impact of $10 trillion by 2025, according to some estimates.

What are the key advantages of IoT for businesses?

Operating cost reduction

IoT solutions can help businesses save money while maintaining a competitive edge. IoT devices may be used in the manufacturing industry to track equipment and reduce downtime by detecting faults or misalignments on the production line. Businesses can also save money on electricity and increase power performance by using IoT and smart building systems to monitor and regulate inefficient electrical use.

Consumer behavior is better understood

Understanding consumer expectations and attitudes is critical to any business’s success. Businesses will be able to capture, track, and analyze data from video surveillance, social media, smartphone, and internet use thanks to the Internet of Things (IoT). This will enable analysts to forecast consumer desires and patterns, allowing companies to better design goods and provide customized value-added services to increase interaction. Organizations would be able to attract their target customers and cultivate brand loyalty if they have access to detailed customer profiles.

Increase production and reliability

For companies to remain profitable, increasing productivity and quality is a top priority. Via real-time monitoring of parts and raw materials, IoT devices can help manufacturing sectors exactly assess the request and efficiently achieve various stages of production. Companies may also use data from FourKites alternatives to determine their most productive hours, which can be used to plan crucial activities and meetings. IoT devices can also help with facility management by alerting workers to potential technical outages, allowing remote workstation troubleshooting and repair, and even automating routine tasks like setting thermostats and coffee makers on timers.

Enhance customer support and satisfaction

Customer service excellence is a critical component of every service’s overall profitability. IoT technologies such as mobile card readers that attach to smartphones to process purchases quickly and smart trackers that enable customers to track their shipped items can enhance customer service and satisfaction. Hyper-local ads and couponing will help businesses have a better customer experience and reach their target needs. Utility companies may use IoT solutions to detect problems and proactively address them using smart grid technology and smart meters.

Enhance workplace security

Employers may use IoT devices to ensure worker safety and improve overall workplace protection. Staff in high-risk environments such as mining, heavy industries, and construction can be constantly tracked and alert against falls and fatigue using embedded sensors and wearable. To save money, small businesses can use connected video surveillance cameras and smart locks. Small companies may use linked video surveillance cameras and smart locks to keep an eye on their offices at all times and secure valuable assets. IoT is set to have a major influence in the corporate world in the not-too-distant future. Adoption of IoT technologies will result in increased profitability and significant benefits for companies with careful strategy and preparation.

The company’s reputation would be more trustworthy

Customers, investors, and other business partners who are aware of the various benefits provided by the Internet of Things are likely to favor a company that uses high-tech solutions, especially IoT. Furthermore, if an organization offers a healthy and stable working atmosphere ensured by a network of smart devices, it is easier to attract highly-sought experienced workers.

Better market prospects

Because of the improved efficiency, a business that uses IoT solutions may provide a broader variety of services or products, or improve the quality of those services or products in comparison to its rivals, all while maintaining the same price. As an alternative, such a firm could take on tasks that are more difficult in terms of production complexity, time, or quantity. Overall, smart solutions increase a company’s competitiveness and attractiveness as a potential business partner.