The ring of mechanical cash registers is as old-fashioned as delivery by horse and buggy in this Internet age. But simply having a connected point-of-sale (POS) system in your retail establishment doesn’t mean your payment methods are future-proofed. As customer expectations change and competition increases, businesses have to adapt to the latest technology to keep up, expand, and grow. Key to meeting these challenges is high speed, high data connectivity with 4G LTE cellular as the backbone of your point-of-sale system.
Internet of Things technology is swiftly changing the sales and marketing plans of businesses in every industry. In our transformation series, we’ve looked at how IoT has affected the restaurant business, healthcare, home automation, and fleet management. Companies small and large are taking advantage of everything IoT has to offer, transforming operations to present an entirely new paradigm for how business is conducted.
Perhaps no industry is more heavily affected by these adjustments to “business as usual” than the retail industry. IoT has simplified – and continues to simplify – the retail trade, building on already successful market-testing of previous IoT implementations.