How Machine-to-Machine Technology Can Help Your Business

How Machine-to-Machine Technology Can Help Your Business

The “Internet of Things” isn’t just a tech buzzword: it describes a technology that’s a powerful way to save your business big money, improve productivity and increase overall efficiency. It’s also not really ‘new’. The Internet of Things is a term that describes leveraging the Internet to improve machine-to-machine technology that’s been with us since at least the late 1960s.

Saving Money With M2M
Thanks to Radio Frequency Identification (RFID), subscriber identification module (SIM) cards and Wi-Fi, M2M technology is cheaper than it’s ever been, with the bar to entry lowering at a rapid rate. From quotidian conveniences such as having your office supplies order their own replacements (as with M2M printers), to more significant applications, such as monitoring and controlling the temperature in a sensitive warehouse, the benefits can be significant.

Imagine a world where sensors in your inventory signal your HVAC system that it’s too hot. That would add up to significant spoilage and waste savings. Remote monitoring allows for closer asset tracking, leading to less loss, breakage and theft. You can even have a security team monitor your business remotely from mobile devices -- or just check in on your goods or employees yourself directly from your phone. Companies such as U.S. Cellular provide tailored M2M solutions for businesses of all sizes from local to global that can help you increase efficiency and profitability

In the healthcare industry, M2M is quickly becoming ubiquitous, with advances in real-time reporting and tracking dramatically decreasing patient risk. Patients can now receive medication immediately -- when their vital signs say they need it, long before a nurse or doctor notices. For those working in the transport or logistics industries, M2M technology can automatically update you when your fleet’s brakes or tires are worn out, even while you’re busy putting out fires in your supply chain.

Long story short: M2M technology is a way of remotely and automatically monitoring and responding to the crucial operations of your business, in a way that saves labor, time and money. Isn’t it time you investigated what M2M technology can do for you?

Nicholas Pell is a freelance small business and personal finance writer based in Southern California. His work has appeared on MainStreet, Business Insider, WiseBread and Fox Business, amongst others.

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