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Smart technology is the modern business buzzword. Most businesses are starting to look at how adopting smart technology and AI into their businesses. The coming years will see businesses in a variety of sectors transform the way they work, taking full potential of vast streams of data from within their business, and the smart technology that delivers it to them. Here are 5 industries that will be transformed by smart technology in the next 5 years.

Warehousing

Warehouses and product storage centres are complex networks of products, data, and staff. The data is what drives product inventory, stock levels, staff decisions, product locations, and more. With the inclusion of smart data delivery and other smart technologies, warehouses will become more efficient than ever. The guesswork and dips in productivity will disappear as smart technology and IoT devices help managers make decisions on what products need more stock delivery, which products should be closed to packing stations based on demand, and more. This transformation in warehousing opens the market to smaller competitors, who don’t need to try and achieve the same level of resources as the biggest market operators; with smart technology such as single-board computers driving data and smart devices, and on-site personnel making use of powerful tablets and ruggedized laptops such as the ASUS W202, the playing field will be even for all.

Production

Before warehouses are stocked with products, they have to be produced. The rapid rise of smart factories, according to Capgemini’s Digital Transformation Institute’s prediction, is likely to add as much as $1.5 trillion (£1.142 trillion) to the industrial sector’s output over the next 5 years. Factories will produce more products while lowering overall costs, as smart technologies dynamically respond to rapid changes in demand and production. With a suite of sensors, tools, and data streams, factories will smartly output products most in demand at peak efficiency, resulting in less wasted product, smart delivery of products most needed by sellers, and enabling scalability of output for quick expansion in the result of rapid rises in demand and business performance.

Digital Signage

Digital signage is a growing industry, and is expect to grow from $20.8 billion in 2019, to $29.6 billion in 2024, at a CAGR of 7.3%, according to Markets and Markets. Smart technology is enabling businesses to target customers individually, adapting advertisements to customers based on their interests and approaches to specific products. Single-board computers and Mini-PCs like the PA90 are ideal for use-cases like this, and offer size-conscious solutions for digital signage in any advertising or display-friendly environment. Improvements in display technology is also improving the quality and output of digital signage, resulting in wider adoption of displays across stores, sports establishments, and more.

Security

Smart technology is a natural fit for security applications, and is quickly being adopted by industries looking to secure their businesses. Connecting smart devices such as locks, cameras, and more to develop cohesive security ecosystems, security is becoming an industry where the reliance on human oversight is lessening, and AI and smart systems are driving the security of our businesses.

Healthcare

As life expectancy rises across the globe, healthcare is being transformed by smart technology. Smart chatbots are providing digital assistance before patients ever cross the threshold of a hospital, while smart hardware provides a range of insights and data on patient welfare that was unimaginable just a short time ago. Diagnoses and patient monitoring are two of the largest areas of healthcare set to change as smart technology plays a larger role in the sector. At a higher level, healthcare will become more efficient overall, as smart technologies help managers allocate staff to wards and hospital areas that require immediate support, ensuring staff levels are correct in every department, and change dynamically as needs change over time.   Smart technology offers an opportunity to transform entire industries for the better, resulting in smarter decisions, less product wastage, and the tailored delivery of products that customers really want, to name a few outcomes.   Want to bring smart technology into your business? Browse the ASUS range of single-board computers, Mini PCs, and other smart products now: https://www.asus.com/uk/