Dr.G.N.Vivekananda 1 , Urmila Shrawankar 2
doi.org/10.36647/TTITCCR/02.01.Art002
Abstract : In this modern world technologies have become one of the integral parts of the businesses as this has allowed the companies to stay in the running in the competitive business world. Machine to machine communication technology helps the business to boost their productivity and efficiency of the entire business operation. Apart from that with the assistance of this technology companies ensure effective inventory management and better shipment track that in turn facilitates competitive advantages to the companies. Not only that this also helps the companies to run a cost effective business by managing their resources effectively. This entire study showcases the importance and application of machine to machine communication in the manufacturing industry with the help of right methods and techniques. Secondary data has been gathered from reliable and authentic sources and qualitative research design and inductive approach has also ensured that the research is on the right track. From the results it is evident that M2M communication technology has a great impact on the business and this makes the business into smart business.
Keyword : Business, Efficiency, M2M Communication, Productivity.