Wireless-value realisation is about boosting profits by wirelessly connecting all business tools – like computers and inventory trackers – to improve overall efficiency.
For instance, Shufersal, an Israeli retailer, leverages this principle by using power harvested from the network for Internet of Things (IoT) chips. IoT is just a fancy term for everyday items like fridges or phones connected to the internet for smart, automated functions.
These chips track their products from farm to store, enhancing supply chain efficiency, inventory management, and providing detailed product origin info. With fewer items going to waste and the bonus of potentially charging a bit more for this top-notch tracking, their profits get a nice little boost.
Despite the fancy ‘value-realisation’ term, we’re just talking about making bank. And, if you’re turning wired into wireless, chances are, you’re making more bank.