How IoT Technology Helps Reduce Costs During the Festive Season

Date : 12-27-2018

How Can IoT Help During the Holidays?

The Internet of Things (IoT) is a network of devices, wearables, smartphones, and vehicles which connect, interact and exchange data.

With this kind of functionality, users with such a network are capable of living an efficient life. IoT is capable of gathering data and providing actionable insights.

Many activities happen during the festive season. There’s a lot of gifting, eating and drinking with friends and family. Flexible, mobile businesses are required to support the festivities. These include pop-up caterers and pop-up restaurants among others.

With the festive season currently ongoing, how has technology made life easier especially through the reduction of costs?

Energy and Cost Reduction

Energy and cost reduction becomes a very important factor when organizations are working twice as hard to deliver the festive season goodies. This forces them to work for longer hours thus increasing energy and overall cost. IoT devices remain handy for them as such devices can assist the organizations to control the use of electric devices including lighting, heaters, and refrigerators.

For instance, in the case of a catering organization that needs their perishable products kept fresh, IoT solutions can notify the concerned employee that refrigeration has gone down a notch and either give them a chance to rectify the anomaly through their smartphone or correct it automatically. That way, the system saves the organization the cost of getting new produce after the previous ones went bad.

IoT offers control over lighting through using smart lighting system. It gives the user the power to control the light intensity or switch off lighting in areas not being used in the organization. Coupled with Aeotec Multisensor 6, organizations can be able to automatically switch off lighting in rooms not being used and switch them up when in use as a result of motion detection.

The smart outlet is another form of cost saving as users can use it to switch sockets on and off from the comfort of a smartphone or wearables like a digital watch. This, in turn, helps with the conservation of power. When the organization is busy working overtime to service the festive season, the electric bill is kept at a bare minimum.

Mobility of Organizations

Pop-up or mobile business can reach their consumers and offer them great services. Pop-up caterings and food trucks need energy for running appliances and keeping food fresh through refrigeration. With the possibilities of IoT technology, they do not have to waste time in the management of appliances but concentrate on customer service and customer experience.

With almost full autonomy left to the IoT system, employees can concentrate on more important issues that generate revenue for the organization.

Once an organization goes mobile, they get to more clients than staging at one particular point. But leaving their headquarters, sometimes unattended presents risks like theft or fires. These risks can be averted with IoT compatible devices like the Ring Doorbell or the Aeotec by Aeon Labs ZW120 door and window sensors. Intrusion can be sensed and stopped thus saving organizations costs they had to incur purchasing stolen merchandise.

Despite making life easier, IoT solutions has helped or can help people reduce costs this festive season.

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