{"id":13441,"date":"2017-04-11T09:57:21","date_gmt":"2017-04-11T09:57:21","guid":{"rendered":"https:\/\/www.softone.com.cy\/blog\/?p=13441"},"modified":"2017-04-11T10:58:30","modified_gmt":"2017-04-11T10:58:30","slug":"iot-and-business-strategies","status":"publish","type":"post","link":"https:\/\/www.softone.bg\/blog\/?p=13441","title":{"rendered":"IoT and business strategies"},"content":{"rendered":"<p>Even smarter products<\/p>\n<p>There was a time that phone calls was all that you could expect from your mobile phone. Since then, there have been dramatic changes and now, there is very little that you cannot actually do with your smart device. This is a development we need to thank <strong>IoT<\/strong> for, but it will not be the only one, as in the coming years this trend will prove to be even more dynamic. So, we\u2019re expecting to see results in designing and manufacturing<strong> even smarter products<\/strong> that will bring even bigger opportunities for businesses, thus ensuring <strong>productivity and improved ROI<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>Transformed business models<\/p>\n<p>IoT will bring changes to the existing business models, at least in some industries. Most probably, businesses will focus on <strong>customer behavior<\/strong> and, based on that, will redesign their future, short- and long-term, business strategies. It is more than certain that a large number of businesses will \u201clove\u201d the ability to access such data for the purpose of <strong>promoting their products and services<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>Smart decisions and processes<\/p>\n<p>What you need to know about IoT is that a big part of it has to do with smart sensors, and not just smart devices. These innovations will prove to be influential in terms of production, regardless of the industry your business belongs to. For example, you will be able to record data and send it to the <strong>cloud<\/strong>. Furthermore, you\u2019ll be able to gather specific feedback on how your customers are using your products and services, as well as how they are responding to your services. In reality, these insights will help businesses <strong>better understand their customers\u2019 demands<\/strong>, and improve their operations and their overall decision-making process.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even smarter products There was a time that phone calls was all that you could expect from your mobile phone. Since then, there have been dramatic changes and now, there is very little that you cannot actually do with your smart device. This is a development we need to thank IoT for, but it will &hellip; <a href=\"https:\/\/www.softone.bg\/blog\/?p=13441\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">IoT and business strategies<\/span><\/a><\/p>\n","protected":false},"author":95,"featured_media":13451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[121],"tags":[151,231],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>IoT and business strategies - SoftOne Technologies S.A.<\/title>\r\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"IoT and business strategies - SoftOne Technologies S.A.\" \/>\r\n<meta property=\"og:description\" content=\"Even smarter products There was a time that phone calls was all that you could expect from your mobile phone. 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