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    StartNewsRetail sector loses R$ 31,7 billion a year due to lack of

    Retail sector loses R$ 31,7 billion a year due to lack of investments in IoT

    The lack of investment in Internet of Things (IoT) technologies has caused significant losses in various sectors of the Brazilian economy. In retail, for example, the lack of automation and intelligent monitoring results in a billion-dollar loss. According to the Brazilian Association for Loss Prevention (Abrappe), in partnership with KPMG, the average loss rate in retail increased from 1,21% in 2021 to 1,48% in 2022, totaling a financial impact of R$ 31,7 billion per year

    These losses are attributed to operational breakdowns and inventory errors. The lack of adoption of advanced technologies, like tracking sensors, radio frequency identification (RFID) and artificial intelligence, it hinders inventory monitoring and the identification of operational risks, reducing efficiency and increasing costs for companies. However, companies that have already adopted technological solutions for loss prevention have recorded significant reductions in operational losses

    But retail is not the only sector impacted by the low adoption of IoT. Besides trade, other areas of the economy fail to achieve significant gains due to the lack of digitalization and automation

    ● Public Administration: Most government buildings and public agencies still operate with corrective maintenance, without sensors for climate control and energy consumption, which results in resource waste and high operating costs

    ● Industry and Manufacturing: Despite the advances of Industry 4.0 in production lines, the management of facilities within factories is still outdated. Many industrial plants do not use sensors for predictive maintenance of building equipment, environmental monitoring or automated climate control management, impacting productivity and workplace safety

    ● Transport and Mobility: Subway stations, trains and bus terminals face challenges in adopting technologies to optimize cleaning and maintenance, what compromises the user experience and generates unnecessary operational costs

    The research by the Brazilian Association of Facility Management, Property e Workplace (ABRAFAC) highlights the advancement of digitalization in the hospital sector, where 52,7% of institutions already have alert and alarm systems for real-time monitoring of processes and equipment, and 57,1% use display panels for operational management. This progress has ensured greater security and predictability in hospital infrastructure, reducing waste and improving patient experience

    THE EVOLV, specialized in IoT solutions, has been one of the companies responsible for this transformation in Brazil. With cases in hospitals, industries, state-owned companies and more than 25 airports, the company develops technologies that assist in the digitalization and automation of building management, reducing costs and increasing operational efficiency. In retail, the adoption of these solutions can represent a significant savings of 40% and an increase in the competitiveness of the sector

    E-Commerce Update
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    E-Commerce Update is a leading company in the Brazilian market, specialized in producing and disseminating high-quality content about the e-commerce sector
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