The Internet of Things is making new business models and revenue sources possible for digitized enterprises.
Topic

Innovation of Things

IoT is here and it is already changing the way businesses operate

The Internet of Things is making new business models and revenue sources possible for digitized enterprises.

Companies are collecting actionable and intelligent data faster, and are being notified real-time of what is happening in their business. 

They have gained visibility and information about their shipments, they know where their goods and assets are, and have greater insight into their operations. Processes are being automated, operational efficiences are
growing and new products and services are being developed.

Tech Companies Apply IoT to the Cold Chain

IT services and consulting company T-Systems was looking for innovative IoT (Internet of Things) partnerships when it met its partner, Roambee, three years ago. The technology company, owned by Deutsche Telekom, was looking for a fresh direction in the IoT space that served its existing customers’ needs. Logistics solutions were a natural fit, and cold chain solutions spoke directly to the needs of several of their enterprise-level customers. Those customers were experiencing loss of goods due to lack of visibility, temperature excursions, serialization challenges, and the need to know and verify independently that specific conditions were met throughout their global supply chain. 
T-Systems found partner Roambee and they began solving those challenges together. Using Roambee's innovative devices and robust platform and analytics, T-Systems added valuable pieces, such as hosting and world-class security, to create an end-to-end solution for its customers. Now, shipments and goods can be monitored throughout the entire supply chain, while making sure that temperature thresholds (along with humidity, light, tilt, altitude, impact shock, and tampering) are monitored and documented. 
Internet of Things
The corporate world cannot avoid digitization. All experts agree on this – whether they belong to IT, economy or policy. The only open question is how fast this will happen. Yet waiting is not an option: Everything that can be digitized, will be digitized and everything that can be connected, will be connected.

“In partnership with Roambee, T-Systems has been able to deliver technology for the cold chain that has significantly reduced costs and improved operational and logistic processes for our valued customers, while showing them additional benefits of IoT technology as applied to their industry,” says Bertus Cilliers, Chief Financial Officer of T-Systems, North America. 
By monitoring shipments in real-time and instantly flagging issues such as temperature excursions, hardware/coolant malfunctions, or deviations from handling protocols, customers can take measures to prevent damage in transit. 
Active tracking through logs and real-time alerts about temperature breaches gives shippers and 3PLs enough of a heads-up to contain problems before the damage is irreparable – making this technology very valuable. In addition to the apparent benefits of using this type of technology, there are less obvious but equally compelling benefits like reducing legal liability, better maintenance of equipment, instant audits and verifications, reduction in delays, reduction in working capital, reduced shipping (and packaging) costs, and reducing damage due to bad handling.