Using M2M technology, businesses can improve efficiency in their daily operations and deliver a higher quality of service to customers. Machine-to-Machine (M2M) solutions provide businesses with real-time data and can increase visibility throughout the supply chain while reducing costs across the business. This type of interconnected information hub is sometimes referred to as the Internet of Things (IOT).
As challenges grow in the retail sector, retailers can respond to changes via three strategies: delivering a more intimate service, creating a better shopping experience, and increasing operational efficiency.
To get the upper hand against the competition, businesses can secure an edge by being able to reach and serve customers better. Knowing customer preferences and understanding their shopping habits can help drive sales.
For a superior shopping experience customers need to be able to find the goods they want quickly and efficiently – the customer’s experience and the way a retailer meets this need, is key.
Supply chains are vital to ensuring that customers can buy what they want, when they want. It’s essential that businesses keep track of its expenses, such as energy and fuel costs.
Vodafone has published an M2M Retail Insight guide that delves into Machine-to-Machine solutions in the retail sector, which can be downloaded here.
Additionally, the latest in M2M news can be found on the World of M2M hub site here.
October 24, 2024 – Metastat Insights – The global Base Station RF Power Amplifier market…
London, 23rd October 2024 – Under the High Patronage of His Majesty King Mohammed VI,…
Boynton Beach, FL – September 10, 2024 – Sunshine State Dentistry of Boynton Beach, led…
Sep 10, 2024 – Dallas, TX – A new report by Metastat Insights reveals that…
Reykjavik, Iceland – September 2024 – The Reykjavik Internet Marketing Conference (RIMC), Iceland's longest-running digital…
Hafnarfjörður, Iceland, July 16, 2024 – One evening in Iceland, Ástvaldur, the founder of Sleipnir…