Remove 2028 Remove Internet of things Remove Management
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How IoT Unlocks Uninterrupted Hypergrowth for Retail and CPG

Acuvate

The worldwide internet of things in the retail sector was worth $ 31.99 billion in 2020 and is anticipated to increase at a compound annual growth rate (CAGR) of 26% between 2021 and 2028. Smart Manage your Assets with Digital Twins. Set up revolutionary use cases with asset digital twins.

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Asset Management in CPG using Digital Twins

Acuvate

Not new to the energy sector, the digital twin concept has been slowly making its foray into asset management for the CPG sector. Powered by AI and cloud technology, digital twins leverage digital data generated by various assets to enable proactive asset monitoring and maintenance and lower asset management costs. Billion by 2028.

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IoT-based Asset Management 101

Acuvate

billion by 2028. In a world that is constantly in motion, the demand for IoT-based asset management and inventory management solution only promises to grow. Managing assets and equipment and gaining real-time visibility into their location and functioning can typically be a blind spot for businesses. The result?