The Internet of Things (IoT) and edge computing are often thought of as futuristic or costly technologies best suited to large enterprises. But as costs fall and usability improves, these innovations are becoming increasingly accessible to businesses of all sizes, including small and medium enterprises (SMEs).
These technologies can help SMEs make better and faster decisions, improve efficiencies through automation, enrich customer experiences, and save money. Before delving into some use cases, let’s define the technologies.
Edge computing processes data closer to where it is created rather than sending it to a cloud server. This improves responsiveness of applications. The Internet of Things (IoT), meanwhile, connects everyday devices like sensors, cameras, lights or factory equipment to the internet, allowing them to collect, share, and act on data.
Edge & IoT in action at SMEs:
- Smarter power and lighting
One way we’re applying IoT to help our SME customers is in energy management. They are already using smart thermostats to automatically adjust office temperature to ensure comfort and reduce costs. Smart lights can be programmed to switch on during set hours or turn on and off when people enter and exit a room.
Some SMEs struggle to optimise battery and generator usage during periods of heavy load shedding. Remote monitoring tools can help them to diagnose faults and plan services. These connected devices also provide a wealth of data to help companies track and optimise energy usage.
- Security systems
Access control systems and digital cameras these days are connected to the internet. They facilitate access to the property for employees while keeping criminals out. IoT-based access control systems can enhance security by integrating biometric terminals, video surveillance, and AI-powered facial recognition. Digital cameras with video analytics can alert you of suspicious people and activity on your premises.
- Real-time equipment monitoring
In manufacturing and agriculture, sensors placed on machines or equipment can analyse performance data in real time. If a machine is overheating or about to break down, the system can trigger an immediate alert. This allows businesses to act fast, preventing costly breakdowns and downtime.
- Inventory management and loss prevention
Retailers can use IoT-enabled inventory tracking systems to monitor stock levels in real time. Smart shelves equipped with weight sensors and RFID tags can automatically update stock counts and alert store managers when items need restocking. Sensors can also help reduce theft by tracking goods in the warehouse and on the shelves.
- Smart classrooms
For education-focused SMEs, IoT can enhance both in-person and remote learning experiences. Smart whiteboards boast a host of collaboration features, enabling you to create media-rich content, share files, and directly edit them in real-time. IoT-powered attendance systems, meanwhile, can automate roll calls using biometric scanners.
The potential of IoT is already coming to life
As these examples show, edge computing and IoT are practical, cost-effective tools that most SMEs can use to enhance efficiency, security, and decision-making. These technologies offer tangible benefits that can help your business operate more efficiently. Embracing them can help you gain a competitive edge and position your business for long-term success.