The use of IoT in retail industry is tightly connected to GPS and RFID technologies that help brands track products through the entire supply chain process . It gives retailers the visibility they need to monitor product movement, conditions and track location as well as predict a precise delivery time.
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By offering IoT devices that monitor a connected home’s security and safety, insurers can track even the smallest anomalies in a home . If any abnormality occurs, the IoT system will automatically alert the insurance company, allowing the insurer to step in to prevent damage from happening.8 Şub 2022
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