The information is of course a major source of opportunities when it comes to improving efficiency, sales and profits. Arrange the data, make calculations and find patterns. Why not compare all expenses and revenues from each category of products and every single product? A result of a thorough investigation is perhaps that it is revealed what product is profitable and what product is not.
Data storage, communication paths and the management of the computers involved may well be handled by a so-called cloud service. Cloud computing is about sharing computer and server resources and thereby gain efficiency and reliability. In this case the cloud is used for example to save data, manage backups, create statistics and upgrade the software in every unit of the system when needed.
This evolution involving the possibilities of IoT is supported by all the new, cost-effective and low power sensors, processors and embedded boards and systems on the market. Wireless communication in short, medium and long distances offer increased bandwidths and more and more options. And even more is coming!