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Walmart Inc (NYSE:WMT) Leveraged Its IoT Technology To Survive Through The Pandemic

The Covid-19 Outbreak didn’t take Walmart Inc (NYSE:WMT) to its knees, and the company has come forward to explain. The company takes great pride in its newly integrated internet of things (IoT) capabilities, saying that it managed to lower its energy consumption and enhance its food quality. The company terms its IoT deployment unmatchable and looks forward to great times ahead.

Walmart’s daily undertakings

Walmart manages to accomplish quite a lot every single day. For example, it analyzes about one terabyte of data and works on about 1.5 billion messages. The company’s proprietary software pulls along with a cloud-based dashboard application that is somewhat useful in detecting and managing anomalous events.

The company cites refrigeration failures as part of the anomalous events in experiences. Walmart seems more focused on ensuring smooth business operations and thus moves fast in fixing issues. Fixing refrigeration issues, for instance, enables the company to prevent the ice cream from melting. It also gets to achieve significant corporate profits.

Radhakrishnan’s contributions to business progress

Sanjay Radhakrishnan happens to be the company’s VP of technology, and he has been doing a great job managing the company’s IoT platforms and applications.He recently spoke out regarding Walmart’s IoT platforms and applications, and he seems to be loving the various changes the company has been implementing lately. He speaks out regarding the fast-changing store ecosystems and how the company has been making befitting changes.

Radhakrishnan recollects on its journey, outlining how they had kicked off with some three significant objectives. The first objective had been to enable the company to benefit from the impact of IoT. The second goal had been to take charge of their own data. The company’s move had everything to do with gaining control of its data and using it to achieve business progress. The company believes that tremendous business insights can be pretty powerful in helping any company move forward.

The last target was to make important moves to help the company uphold its strong connection with its customers. Taking the customer experience a notch higher has over the years remained a great priority for the company. It vows to continue looking f out for the best for all its customers.

Published by Nicholas Maithya

Nicholas is a Financial Analyst by profession, who enjoys writing about investments, technological developments, business, economics and other financial topics at various financial publications. Join him here on Wallstreetpr.com as he endeavors to deliver to you the latest breaking news on the above mentioned fronts. Contact him by email at nmaithya@gmail.com or follow Nicholas Kitonyi @nmaithyak on Twitter.

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