The year 2019 is so exciting with a rapid pace of change in technology and transformative development. According to a research, Consumers bought more than 45 million wearable devices and fitness trackers in 2015, and analysts expect demand to grow by more than 45 percent annually through 2019, becoming one of the fastest-growing technology.<\/p>\n
What is Internet of Things (IoT)?<\/strong><\/p>\n Internet of Things (IoT) is the network of physical devices, vehicles and other appliances (home) embedded with electronics, sensors, software and exchange data amongst gadgets. The new Internet of Things is the \u201cIntelligence of Things\u201d which means that artificial intelligence (AI) with a combination of IoT will lead to the connectivity of many smart products and services. Impact of IoT in today\u2019s world.<\/strong><\/p>\n The Internet has become an Ecosystem, where the devices are connected virtually, and allowing quick & easy transfer of data. It is beneficial for both businesses as well as people living in society. As a techie, many of us use gadgets like Fit Bands to keep track of the number of steps in a day, hours we sleep, calories burned and distance covered while doing an exercise. These numerical figures & statistics will help us in keeping a track of our activities and can also have a regular check.<\/p>\n The Internet of Things is all about connecting the machines and the systems via sensors so that meaningful information and statistics can be collected & analyzed. This helps in keeping a track of our productivity and enhance it. Similarly, employers are using this smart technology to make their workforce more efficient and get the maximum amount of productivity from the employees.<\/p>\n How important is IoT in the field of HR?<\/strong><\/p>\n Since IoT is an emerging factor, it is very much important for HR to understand Human Resource Analytics. Interacting with software and devices with a keyboard will soon be history.<\/p>\n Speeches, Voice & Gestures are the next big thing of Communication. It is for sure that IoT will generate an unprecedented amount of data associated with people. In the end, this data will be extensively useful for decision making and resource optimization.<\/p>\n HR\u00a0 will\u00a0 have\u00a0 to\u00a0 leverage\u00a0 technology\u00a0 to manage the\u00a0 firm\u2019s human\u00a0 capital,\u00a0 wherein the\u00a0 technology-enabled\u00a0 HR\u00a0 will\u00a0 take\u00a0 the \u2018core\u00a0 competency\u2019\u00a0 stage\u00a0 in\u00a0 the organization. IoT\u2019s smart functions can be integrated with any of the HRMS which can make the system more powerful and make the task easier for the HR Leaders. In Human Resources, recruitment is one of the most critical domains of the function. With IoT making it possible to gauge employee response during recruitments, it will aid an efficient recruitment process with less subsequent attrition.<\/p>\n The HR function has the opportunity to be distinctive by thinking through how sensors and devices could add value to their services and develop own apps to connect with the IoT. Mobiles and Tablets help us to connect and to access all our favorite things, share our thoughts on social media and much more.<\/p>\n But, ever thought an employee will get the same consumer experience?<\/p>\n Having mobiles in our hands, do we have access to our data and analytics?<\/p>\n How about sharing knowledge with our colleagues and peers through corporate social collaboration?<\/p>\n It\u2019s all possible with IoT!<\/em><\/strong><\/p>\n We can access our data and other applications like:<\/p>\n Oracle\u2019s IoT Applications:<\/strong><\/p>\n With the help of Oracle Applications, one can manage workplace incidents to improve wellness and automate time and labor tracking to enhance productivity.<\/p>\n Conclusion<\/strong><\/p>\n The true challenge for HR is to brainstorm & develop customized apps. With the help of IoT, the sky is the limit! With Internet of Things, we are already in the next generation of technology. It is completely transforming the way we work and live. It is important that HR Leaders visualize the golden possibilities and start taking advantage of its presence by getting connected to the ecosystem.<\/p>\n It\u2019s true that few of us have a chance to become world-class athletes, with the technological boost. But by giving employees the data they need to accomplish personal and career goals; we can all become champs in our offices.<\/p>\n Kovaion\u2019s practice with Oracle\u2019s internet of things applications can help organizations enable them to identify where IoT can create value within in the workplace while removing customer barriers and making the most of IoT for HR Operations.<\/p>\n Haleem Khan M<\/strong> The year 2019 is so exciting with a rapid pace of change in technology and transformative development. According to a research, Consumers bought more than 45 million wearable devices and fitness trackers in 2015, and analysts expect demand to grow by more than 45 percent annually through 2019, becoming one of the fastest-growing technology. What […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-31108","post","type-post","status-publish","format-standard","hentry","category-business-events"],"acf":[],"_links":{"self":[{"href":"https:\/\/stage.kovaionplay.com\/stage-kovaion\/wp-json\/wp\/v2\/posts\/31108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stage.kovaionplay.com\/stage-kovaion\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stage.kovaionplay.com\/stage-kovaion\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stage.kovaionplay.com\/stage-kovaion\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stage.kovaionplay.com\/stage-kovaion\/wp-json\/wp\/v2\/comments?post=31108"}],"version-history":[{"count":1,"href":"https:\/\/stage.kovaionplay.com\/stage-kovaion\/wp-json\/wp\/v2\/posts\/31108\/revisions"}],"predecessor-version":[{"id":32303,"href":"https:\/\/stage.kovaionplay.com\/stage-kovaion\/wp-json\/wp\/v2\/posts\/31108\/revisions\/32303"}],"wp:attachment":[{"href":"https:\/\/stage.kovaionplay.com\/stage-kovaion\/wp-json\/wp\/v2\/media?parent=31108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stage.kovaionplay.com\/stage-kovaion\/wp-json\/wp\/v2\/categories?post=31108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stage.kovaionplay.com\/stage-kovaion\/wp-json\/wp\/v2\/tags?post=31108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\u201cAs per the estimates of Business Insider, there will be more than 45 billion IoT devices by 2020.\u201d<\/em><\/p>\n\n
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\nBusiness Development Associate
\nKovaion Consulting.<\/p>\n","protected":false},"excerpt":{"rendered":"