Bharti Airtel stock rose 27 times in just six years from 2002 to 2008.
How to find such amazing stocks?
The reason for this dream rally was that telecom technology became a part of everyone’s life, leading to spectacular growth in sales and profits of Bharti Airtel. Such great technological revolutions happen very rarely, but if we can identify ANY SUCH TECHNOLOGY THAT IS GOING TO BECOME A PART OF EVERYONE’S DAILY LIFE, then without losing any time we should buy the best stock in that technology.
Now again a new tech revolution is taking place - Internet of Things (IoT)
IoT is also bound to become a part of our daily life.
And certain stocks in IoT field will definitely deliver spectacular returns.
Our Selected Stock (name and research report available to paid subscribers only):
We have selected a really great Indian tech company that is present in IoT and other related technologies.
It has a market cap of over Rs 6000 crores and revenues over Rs 1000 crores. It is a high dividend paying and extremely reputed and well-established company.
The Internet of Things, or IoT for its acronym in English, is a term that refers to the connection of objects to each other and to humans through the Internet.
The applications of IoT technologies are multiple, because it is adjustable to almost any technology that is capable of providing relevant information about its own operation, about the performance of an activity and even about the environmental conditions that we need to monitor and control at a distance.
IoT opens the door to endless possibilities in the world of business. Devices, appliances, and even vehicles can connect and exchange data through a wired or wireless network. Almost every Internet-connected device in your workplace can communicate with other hardware and software… but how can this help your business?
Applications of IoT
we show some of the surprising practical applications of the IoT.
Virtual glasses, fitness bands to monitor for example calorie expenditure and heart beats, or GPS tracking belts, are just some examples of wearable devices that we have been using for some time now. Companies such as Google, Apple, Samsung and others have developed and introduced the Internet of Things and the application thereof into our daily lives.
The use of wearables or sensors connected to patients, allows doctors to monitor a patient's condition outside the hospital and in real-time. Through continuously monitoring certain metrics and automatic alerts on their vital signs, the Internet of Things helps to improve the care for patients and the prevention of lethal events in high-risk patients.
Another use is the integration of IoT technology into hospital beds, giving way to smart beds, equipped with special sensors to observe vital signs, blood pressure, oximeter and body temperature, among others.
The Internet of things can be very useful in the management of vehicular traffic in large cities, contributing to the concept of smart cities.
When we use our mobile phones as sensors, which collect and share data from our vehicles through applications such as Google Maps, we are using the Internet of Things to inform us and at the same time contribute to traffic monitoring, showing the conditions of the different routes, and feeding and improving the information on the different routes to the same destination, distance, estimated time of arrival.
The installation of sensors in fleet vehicles helps to establish an effective interconnectivity between the vehicles and their managers as well as between the vehicles and their drivers. Both driver and manager/ owner can know all kinds of details about the status, operation and needs of the vehicle, just by accessing the software in charge of collecting, processing and organizing the data. Even, receive alarms in real time of maintenance incidents without having been detected by the driver.
The application of the Internet of Things to fleet management assists with geolocation (and with it the monitoring of routes and identification of the most efficient routes), performance analysis, telemetry control and fuel savings , the reduction of polluting emissions to the environment and can even provide valuable information to improve the driving of vehicles.
Smart farms are a fact. The quality of soil is crucial to produce good crops, and the Internet of Things offers farmers the possibility to access detailed knowledge and valuable information of their soil condition.
Through the implementation of IoT sensors, a significant amount of data can be obtained on the state and stages of the soil. Information such as soil moisture, level of acidity, the presence of certain nutrients, temperature and many other chemical characteristics, helps farmers control irrigation, make water use more efficient, specify the best times to start sowing, and even discover the presence of diseases in plants and soil.
The application of the IoT to the hotel industry brings interesting improvements in the quality of the service. With the implementation of electronic keys, which are sent directly to the mobile devices of each guest, it is possible to automate various interactions.
Thus, the location of the guests, the sending of offers or information on activities of interest, the realization of orders to the room or room service, the automatic charge of accounts to the room or the request of personal hygiene supplies, are activities that can be easily managed through integrated applications using the Internet of Things technology.
With the use of electronic keys, the check-out process is automated, disabling the operation of doors, offering information about the rooms immediately available, and even assigning housekeeping tasks to maintenance personnel.
Smart grid and energy saving.
The progressive use of intelligent energy meters, or meters equipped with sensors, and the installation of sensors in different strategic points that go from the production plants to the different distribution points, allows better monitoring and control of the electrical network.
By establishing a bidirectional communication between the service provider company and the end user, information of enormous value can be obtained for the detection of faults, decision making and repair thereof.
It also allows offering valuable information to the end user about their consumption patterns and about the best ways to reduce or adjust their energy expenditure.
A sensor connected to water meters, connected to the Internet and accompanied by the necessary software, helps to collect, process and analyze data, which allows understanding the behavior of consumers, detecting faults in the supply service, report results and offer courses of action to the company that provides the service.
Likewise, it offers final consumers the possibility of tracking their own consumption information, through a web page and in real time, even receiving automatic alerts in case of detecting consumption out of range to their average consumption record, which could indicate the presence of a leak.
One of the areas where the application of IoT technology is most extensive is precisely maintenance management. Through the combination of sensors and software specialized in CMMS/ EAM maintenance management, a multifunctional tool is obtained whose use can be applied to a multiplicity of disciplines and practices, with the purpose of extending the useful life of physical assets, while guaranteeing asset reliability and availability.
When the characteristics of the software in charge of processing and arranging the data collected by the sensors are designed to specifically address the maintenance management needs of physical assets, their application is almost unlimited.
The real-time monitoring of physical assets allows determining when a measurement is out of range and it is necessary to perform condition-based maintenance (CBM), or even applying Artificial Intelligence (AI) algorithms such as Machine Learning or Deep Learning to predict the failure before it happens.
Other Benefits IoT
Improved business efficiency
IoT in a business often corresponds with a digitisation of processes. A shift to digital reduces cost and increases speed, flexibility, agility and thus the efficiency of businesses. With IoT, data collected from sensors can be swiftly analyzed and used without any human intervention, saving time for you and your staff.
Businesses thrive on data collection and exchange. With IoT, the way that data is handled has completely changed. If you are selling products, IoT can revolutionise your market research. Not only does IoT offer access to more consumer data, it also tracks and records the patterns of how consumers interact with IoT devices.
With this information, businesses can offer consumers a better experience. Meanwhile, the real-time data can give your business an insight into the performance and productivity of your devices, increasing opportunities for innovation.
Tracking and Management of inventory
IoT makes business processes easy, including tracking and management of inventories. This is possible by simply installing IoT software and devices in warehouses and storage units. With IoT in place to manage inventory, personnel can focus on cognitively demanding tasks. Many companies are moving to a decentralised mode of tracking management, via blockchain applications that utilise smart contracts to streamline the process.
You can regulate your office environment from anywhere in the world using sensors to make sure energy is only utilised when it is needed. Smart offices can also ensure that temperature and lighting is at the optimal level for staff productivity and comfort. Smart workplaces not only benefit a business because of energy and cost saving, moderated environments also encourage a healthy and happy work place for staff.
One of the benefits of IoT is the way it can support business expansion and development. A recent Forbes survey showed that 60% of enterprises are expanding into new lines of business based on IoT initiatives such as decentralised, blockchain-based data sharing, security solutions that enable product and environment tracking, and SaaS solutions. As a result of all the data generated by IoT initiatives, more and more businesses are choosing to monetise their data.
IoT business potential
The global IoT market stood at USD 250 billion in 2019, and is projected to reach 1463 billion by 2027, a CAGR of 24.9%.
The global volume of data is increasing exponentially along the growth of the IoT. In the global IoT market, the installed base of IoT devices reached 23.1 billion devices in 2018. This is expected to grow to 75.4 billion in 2025. Much of the newly generated data is valuable; it can be used to optimise manufacturing operations, track assets with increasing accuracy, target existing consumer services with high granularity, and create entirely new services and business models.