Tagged: Miguel Castillo

5 Business Ideas to Automatize Processes with IoT

The Internet of Things and Cloud Computing have been accelerating the digitization of different economic sectors from the last 30 years. This is exactly the case of the Industrial Sector, where pioneers, started decades ago working on digitization and process automation, always looking better efficiency in their processes to be more competitive. This digital revolution of  Process Automation started in the fabrication area, inside the factories,  where the computers started managing connected machines and business systems.

Ten year ago, match in time  with the first mobility technologies and other technologies like Radio Frequency IDentification (RFID) or GPS Systems in real time, another process started in the factories: the automation of processes outside factories, like logistic systems. Nowadays it seems normal to see traceability packages from factories to clients or in other areas of supply chain like inventory warehouse. Since a few year ago, many companies in different sectors are including Internet of Things in their strategies to transform and digitalize their businesses. The consequences  of introducing this tech are various and can give an answer to many different cases. The Process Automation outside factories is a good illustration about the use of IoT technologies to cost reduction and better efficiency.

When a company decides to transform their products into connected products, including sensors and internet connectivity into them, on one hand they want to explore new business models and in other hand  they also can use this information to automate some processes thanks the new information available or remote control over the products.There are so many examples already available, for example about Condition Monitoring ( we wrote a post about that here with a few examples)  on of them is Max, an elevator of Thyssen Krupp.

In the lift case,The elevators companies can introduce IoT in their maintenance processes and  include some sensors to receive information, analyze that and can predict some errors or failures before they happen. This improvement is a big change because now you can have the information in real time and before this specific information was only available if the maintenance team are there. The evolution of lifts towards the Internet of Things to the lift permits :

  1. Analyzing operational data from distance and improve the predictive maintenance, avoid failures  for example in some pieces that are starting to work improperly. It can automatize the maintenance, programming better scheduled calendar, including less maintenance.
  2. Improving the on-site maintenance by automating the process of provisioning the list of materials needed by the technician to do the job on the first visit. Therefore avoiding a second visit an intervention with the associated extra cost.    
  3. Automate the supervision of Service Level Agreements (SLAs) guarantee and process. Because you have real time information about availability and operation of the equipment, companies can improve their warranty service.
  4. Some quality processes can be automatize too, because now you have almost all the  statistical  information needed in the detection defective parts or production batches.  
  5. Billing processes can be improved by IoT too, for example including new variables like usage based billing usage conditions.

The Automation Process for connected objects is just one of the multiples choices  and challenges that  Internet of Things offers. If we have a map of the processes of a company, we will surely see IoT impacting in most of them. In some cases we can even see how the process is transformed from a manual process into a fully automated process.

Take for example a car rental through a mobile app . Thanks to IoT, now you can choose a car in one point of a city and return it in another place without human interaction in the process. Companies like Car2go and Emov are already this service in Madrid City.

Are you thinking to improve your business processes and be more efficiency with IoT? Contact us, tell us about your business  and we offer our best IoT solution to you.

Recently our CEO Miguel Castillo was invited by ICEMD (spanish) to write an article about Process Automation and IoT. This post is not a literal traduction but include some of his words in that.
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South Summit: Crowdsourcing the Innovation Ecosystem

We enjoyed 3 days of South Summit full of experiences: meeting new startups, learning from different speakers, testing new tech products, taking to customers … We had a space in the Orange Stand because the company has an acceleration program we won last year. This year The Orange Fab Program has selected three new startups: Momit, Sensovida and Iomando.  Momit has a Smart Home solution to reduce energy consumed at homes, Sensovida is an innovative telecare solution that detects the presence of a person in their houses and IOmando, a new system to control the access to our homes ( or companies) with a mobile phone and without keys. Our CEO Miguel Castillo participated in a round table about Empowering Disruptors moderated by Eric Tartanson VP Corporate Development at Orange .

South Summit Round Table

At South Summit there were several acceleration programs and investors interested in new services or products related with new technologies. These type of gatherings show the endless opportunities to innovate in any sector.  Attending round tables discussions and masterclasses from successful entrepreneurs is always inspiring.

Here is the list of ideas worth noting on our diary:

  1. Focus on your project as your only job
  2. Do not be afraid to fail
  3. You will certainly need more resources than you planned
  4. Time and money are scarce resources, so don’t waste them
  5. Don’t surrender!
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Join us at the South Summit 2016, la N@ve, Madrid

Hi!  Today and until Friday, we are present at South Summit 2016 in Madrid where Carriots has been chosen as one of the 100 finalist for the Startup Competition. More than 3000 projects were submitted to the competition in this occasion. The encounter also has a very interesting talks program during these 3 days with the participation of 250 international speakers from different areas of the startup ecosystem. It is very nice opportunity to learn directly from the best experts. You can see the program here.

Thanks to the Orange Fab program, Carriots will be present, with an IoT demo, at their booth. If you want to take a look at how the Internet of Things works in real with our technology, you want to visit us at Orange Stand in la N@ve.

South Summit  Orange-Carriots Stand
Luis Santos Innovation Director of Orange Spain, Laurent Paillassot CEO of Orange Spain, Miguel Castillo CEO of Carriots , Maria Montaner of Orange FAB Spain

The encounter, is organized by Spain Startup and Foundation IE-IE Business School, in collaboration with Endesa, BStartup of Banco Sabadell and Google for Entrepreneurs. This morning, our CEO, Miguel Castillo has participated in an investor’s speech to show Carriots exponential growth history. And tomorrow he will also participate in a round table.

South Summit CEO
Miguel Castillo, CEO of Carriots

Thank you to Maria Benjumea, founder of this event and the rest of the South Summit team made this encounter possible. We are spend a good time here!!

 

 

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Small entrepreneurs empowered by M2M and the CloudSmall entrepreneurs empowered by M2M and the Cloud

 

As this company blog starts, I feel the need to explain the vision that motivated us to create Carriots. Reading Google’s blog I found the right example on how the Cloud and M2M are revolutionary technologies for small entrepreneurs to create new businesses and new products.

Nomanini, the example of a social entrepreneur’s start up:

A small company in South Africa, Nomanini, has created a nice product with small resources by using the leverage of Cloud platforms and cheap electronics. This product also improves rural communities by helping local entrepreneurs to have an extra income.

Nomanini has created this portable sales terminal to sell vouchers for mobile services in Africa:

The Lula, Nomanini's portable voucher sales terminal
Source: Google App Engine Blog. http://googleappengine.blogspot.com.es/2012/12/developer-insights-mobile-voucher-sales.html

The application behind the device is running on Google AppEngine which is a powerful and general purpose Platform as a Service (PaaS). This is how the device integrates with the application over the cloud:

Nomanini uses Google App Engine to support the backend system
Source Google App Engine Blog. http://googleappengine.blogspot.com.es/2012/12/developer-insights-mobile-voucher-sales.html

Google’s approach and Carriots:

Certainly Google App Engine and Carriots M2M Application Platform can be seen as competitors. While Google App Engine has a broad approach, Carriots is more focused on M2M Apps and aims to help you build faster and easier applications for the Internet of Things. We designed Carriots with the same idea that applications should be built on the Cloud and integrated with cheap devices and other IT systems. Our approach is to help small entrepreneurs develop M2M applications faster and easier. We want developers to focus on their devices and their applications instead of writing a lot of code. The true winners of this competition in PaaS solutions are small entrepreneurs who can build lean start-ups, faster and with fewer resources.

Small Entrepreneurs can explore new ideas:

One of the keys of success in business is to experiment a lot and develop as many ideas as possible. Small entrepreneurs around the world have lots of ideas. Most of these ideas never become a new product because the cost of development is too high. Besides, when you develop new products, you have to accept failure as part of the creative process. Since resources are always scarce, entrepreneurs and companies have to prototype new products as cheap as the can. In M2M and IOT products, prototyping is now very cheap due to two factors:

1. Open Electronics Platforms for cheap and fast prototyping:

Platforms like Arduino, Raspberry-Pi or Souliss, just to name a few, help entrepreneurs transform a conceptual idea into a real working prototype. Certainly a prototype is not a product you can sell right away to a customer. But prototypes are extremely helpful to gather feedback from potential customers and test the idea behind your product. This open electronics platforms are the lean start of hardware IOT product design. The cost of hardware development in these platforms is very low and the knowledge of electronics you need is far simpler than developing a device from scratch.

2. M2M Applications Platforms to build applications for connected products:

IOT products and services depend on embedded software on the device and on backend applications. M2M Application Platforms, like Carriots, help developers build fast prototypes of that backend application without the cost of expending in IT infrastructure. Besides if the prototype is transformed into a product, scalability is not an issue. Application Platforms focused on M2M and IOT also provide simpler and proven solutions for issues like:

  • Device Management
  • Data Protocols implementation
  • Database management for Big Data
  • Rule Engine to build Apps
  • Integration with other Web Apps

Combining Open Electronics and M2M App Platforms:

When a Small Entrepreneurs combines these two emerging solutions, he is empowered to compete with large companies with higher resources because:

  • Fewer electronics and software knowledge is needed to develop a new product.
  • Product development is cheaper both in electronics and software
  • Faster the idea is transformed into a prototype to be tested.
  • Transforming a prototype into a product is cheaper and faster.

Besides, since the cost of product development is lower, failure is more acceptable and resources can be allocated into different product development.

The IOT revolution is a Blue Ocean for small entrepreneurs:

The revolution of Internet of Things has just started and the future is full of possibilities. In fact there are so many concept ideas to be tested, that small entrepreneurs have to face a Blue Ocean Strategy. At Carriots we are working hard to create a tool that small entrepreneurs can use to create new products and services.

Our platform is open to your product development. We welcome all kind of entrepreneurs to test Carriots and let us know what is your project about.

Regards,

Miguel.

(This post is written by Miguel Castillo, CEO of Carriots.com)

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