By 2030, McKinsey predicts the value of the Internet of Things (IoT) will exceed $12.5 trillion. As today’s most significant trend in digital business transformation, IoT solutions will drive business value in 2025 and beyond. However, even top-performing businesses face many challenges in successfully deploying IoT solutions that maintain the expected ROI. Within the realms of data management and cybersecurity, organizations must choose solutions that address emergent challenges with reliable performance, scalability, and security.
This guide to building IoT solutions is designed to help businesses deploy and improve their IoT network for the needs of their industry and their personal goals for growth. To achieve a secure and scalable network that integrates numerous IoT solutions and applications, businesses must first understand how IoT drives value in 2025.
Key IoT Factors that Drive Business Value
The primary objective of businesses that are building new IoT solutions should be to incorporate smart functionalities that maximize efficiency. For example, temperature and proximity sensors in smart buildings efficiently automate numerous functions from temperature control to security.
Applying the same logic to all IoT implementations reveals the need for sustainable solutions for connectivity and data collection in any industry. Regardless of whether the IoT devices automate the functions of ATMs, collect data for parking monitoring equipment, or connect devices within a brand’s network of Kiosks, the same key factors determine the value of the new systems, including:
- Reliable connectivity
- Remote signal monitoring
- Uptime tracking and management
- Geo-location tracking
- Secure payment processing
- Cost optimization
- Predictive maintenance
These features should be deciding factors of any business’s decision to adopt IoT devices. These steps can help businesses guarantee that their solutions drive value moving forward.
1. Identify the Business’s Needs and Goals
In order for IoT solutions to address a business’s specific challenges, companies should evaluate their pain points and goals for scalability. This will reveal areas where IoT can increase efficiency and profitability. For example, IoT sensors can track the real-time location and status of equipment assets, collect data from vending machines and other purchase points, and monitor vehicle performance.
Unpredicted equipment failures are a major pain point in many industries; with IoT networks, businesses can receive and manage real-time data that drives smarter decision-making. IoT presents opportunities to enhance efficiency in manufacturing, sales, retail, and more by remotely monitoring the company’s assets and automating its most labor-intensive data analysis tasks.
2. Prioritize Reliable Connectivity
IoT solutions can only drive value if they prioritize reliable connectivity across diverse devices. Poorly designed IoT solutions suffer from slow or unstable connections, which can reduce their value to a business by causing lost revenue, gaps in data collection, security issues, and operational downtime.
By contrast, well-equipped IoT solutions leverage SIM-based connectivity to make sure businesses receive consistent real-time data transmissions. To combat the threat of network failures, high-quality IoT systems utilize cellular backup solutions. Additionally, many modern solutions centralize IoT management to a single command point, which provides real-time signal strength monitoring, performance diagnostics, and more.
By prioritizing secure, consistent network connections, businesses can maximize the value of their IoT investments.
3. Manage Data Effectively
New user data generated by IoT deployment can overwhelm a business and reduce the value of the investment. Effective IoT devices come with real-time processing workflows that managers can use to analyze data and make proactive decisions backed by real-time performance.
For example, IoT-enabled kiosks and parking meters need to support fast and secure transactions to improve the customer experience. Data collection from these transactions needs to be compliant with financial data regulations as well as collected and analyzed by the system of the business. Businesses that can successfully scale their digital infrastructure in 2025 and beyond will be those that secure data management as a top priority.
The amount of data being collected is also a pain point for new IoT deployment. This is why systems should optimize their data storage solutions to deliver scalable yet cost-effective data-retention. From a centralized dashboard, businesses can track their device performance and react with strategies based on real-time, meaningful insights, strategies that improve productivity, reduce costs, and drive growth.
Contact Allpoint Wireless to Build IoT Solutions that Drive the Value of your Business
IoT solutions that drive value in 2025 and beyond are those that provide cost-effective installations with high-reliability connections. Regardless of industry, businesses can deploy IoT solutions that maximize efficiency and uptime while reducing costs, provided they invest in secure and scalable wireless devices installed with their needs in mind.
Allpoint Wireless is the nation’s #1 low cost wireless solution provider, and our experienced team can match your business with the IoT devices and wireless network management points that make the most sense for your operations, both now and in the future. Contact our team today to learn how to obtain IoT devices that will drive the value of your business in a digital-forward age.