VIKASH SHARMA (13-1297)

DHEERAJ KUMAR SANDEY(31-1740)

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INDRAYANI
 IOT
And
It’s Impact On Retail Sector

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INTERNET
• By people ,For people ,About people.
• Full of Data, Images, Books, Recordings, Games, Commerce.

IOT – Internet of Things

• Things start to share their experience with each other
• Things + Sense + Communicate + Control

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WHAT IS INTERNET OF THINGS??

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APPLICATIONS

• Healthcare (Sensors & Wristbands).

• Transportation (Drivers can be aware of road conditions
& accidents).
• Infrastructure (In a building it can warn residents for
abnormal situations).
• Home Environment (Predict user intentions & set up
environment).

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WHO CARES???
IBM
In March 2015 invested $ 3 billion or Rs 203 Cr for next 4 years.

Google
May 28th at the Google I/O conference, the company announced
“Brillo”( operating system for the IOT) .

Intel
In 2015 Intel bought “Altera” valued at about $16.7 billion/ Rs
1,132 Cr , Intel’s largest acquisition ever.

Microsoft
Microsoft and Japanese electronics giant Toshiba announced a
new Internet of things (IoT) alliance. 6
IMPACT ON RETAIL SECTOR

 Smarter supply chains for greengrocers.

 Smarter stores : Monitor Stock levels.

 Improving happiness of retail workers.

 Robots keeping stock : Stockroom Robot.

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RESULTS AND BENEFITS

 Visibility of inventory in real-time to improve efficiency.

 Improved understanding of customer behaviour .

 Better customer experience.

 Reducing inventory costs.

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CHALLANGES

 The retailers that do not innovate are likely to see their

customer base dwindle.

 Technology Integration, Privacy , Security and data

ownership(cybercrime).

 Moving from Generalized to Personalized interaction

with Customers

 Managing and controlling supply chain and stock

control. 9
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