Optimise store and warehouse operations with M2M communications
Machine-to-machine communications present many opportunities in the consumer goods and retail sector states Vodafone’s new research paper, The state of M2M in consumer goods and retail.
Dublin, Ireland – Machine-to-machine communications present many opportunities in the consumer goods and retail sector states Vodafone’s new research paper, The state of M2M in consumer goods and retail.
M2M can help optimise the operations of stores and warehouses, cutting energy use and maximising utilisation, as well as improve supply chain effectiveness and get products to stores more quickly. It can even help interact directly with consumers through connected instore services such as digital signage and wireless point of sale.
The consumer goods and retail industry definitely sees the potential for M2M: 35 percent strongly agree that early adopters of M2M will gain competitive advantage, compared to 29 percent in other sectors. 83 percent agree that M2M is the future for customer interaction.
The top driver for investing in M2M is to deliver process and productivity improvements, cited by 51 percent of respondents, compared to 44 percent in all industries. Cost savings came in second, cited by 47 percent of respondents, compared to 45 percent in all industries.
The research paper highlights findings from Vodafone’s main research paper, The M2M adoption barometer 2013, which discusses the global adoption of machine-to-machine (M2M) communications for operational efficiency, amongst other advantages.
The research confirms the broad industry and global coverage of M2M technology and how the effects are transforming large and small scale businesses. It revealed 78 percent of respondents see M2M adoption as crucial to business success and those that are in the process of implementing M2M, consider it a key priority – 50 percent of organisations will have adopted M2M by 2015.
Visit m2m.vodafone.com/barometer to learn more and download both research papers in full.
- Contact Information
- Lia Banton
- Marketing Manager - M2M Northern Europe
- Vodafone Global Enterprise Ltd.
- (44) (0) 7785665880
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