IoT

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|What is the Internet of Things?

What exactly do we mean when we say IoT? IoT, also known as the Internet of Things, is about more than simply connecting a device to the Internet. It’s about connecting to any physical device for centralized monitoring and control, real-time data capture, automation enablement and rich analytics.

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|Why IoT?

The Internet of Things (IoT) has created endless possibilities for new efficiencies. Through automation, everyday consumer devices and common user touch points, as well as self-service technologies we can create entirely new user experiences and points of interaction. Once we wake up these everyday devices and build out the IoT ecosystem, we can reimagine the way consumers interact and businesses operate.[/vc_column_text][/vc_column_inner][vc_column_inner width=”1/4″][vc_column_text]

GLOBAL MARKET Intelligent Vending

Expected to Reach

$11.84B

By 2025

Source: Grand View Research

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|Global Market

Interactive Kiosks CAGR

$13.43%

from 2017-2021

Source: Technavio

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|What is the scope of IoT?

The Internet of Things is going to have a tremendous impact when you consider the fact that more than 31 billion devices will be connected to the Internet by the year 2020. That’s more than five devices for every man, woman and child on the planet.[/vc_column_text][/vc_column_inner][vc_column_inner width=”1/4″][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width=”1/4″][vc_column_text]

GLOBAL MARKET Smart Lockers

Projected to Reach

$24.2B

By 2024

Source: Grand View Research

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|The Numbers Are Staggering

It’s all melding together. By 2020 there will be 44 trillion gigabytes of data. That’s equal to the number of stars in the universe. That’s a view worth admiring. Now picture one trillion sensors contributing to the rise of data in 2020. Picture $3 trillion being invested in the Internet of Things over the next 10 years.[/vc_column_text][/vc_column_inner][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/4″][vc_single_image media=”2531″ media_width_percent=”100″ alignment=”center”][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/4″][vc_single_image media=”2532″ media_width_percent=”100″ alignment=”center”][/vc_column_inner][vc_column_inner width=”1/2″][vc_column_text]

|How Can IoT Help Your Business?

If you can’t measure it, you can’t improve it. Not only does the Internet of Things allow you to measure and improve things that couldn’t be measured a few years ago, the right IoT platform helps you crunch the numbers to figure out patterns and understand why things happen.[/vc_column_text][/vc_column_inner][vc_column_inner width=”1/4″][vc_column_text]

GLOBAL MARKET Retail Automation

Expected to Reach

$275.43B

By 2020

Source: Grand View Research

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More Canopy Features

Our IoT platform helps you achieve your business goals

Dashboard

Canopy provides an operator with a centralized web portal.

Operations

A feature-rich user interface to help manage the implementation.

Facilities

Track customizable, detailed information about your locations.

Devices

Track information on all of your connected devices.

Customers

Canopy has customer relationship management (CRM) capabilities.

Transactions

Monitor and manage device transactions and revenue.

Payments

Securely transact from a device via your chosen processor.

Inventory

Gain visibility into your inventory levels across the network.

IoT Campaigns

Automate tasks through an easy-to-use framework.

Marketing

Create rich marketing campaigns that deliver promotional content.

Incidents

Canopy provides an integrated incident management solution.

Reports

Canned and analytic reporting capabilities are available.

“We knew we needed this from day one. It’s an enterprise class solution that’s going to allow us to monitor a fleet of these things across the country and have that real-time visibility.”
Eric Hoersten
Swing King co-founder and COO/CTO

Awards and Recognition

A few of the places where Banyan has received recognition

Inc. 500 logo
IoT Innovations logo
Industry Today logo
Business Radio X logo
RFID Journal logo
VxChange logo

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A Few Of Our Customers

We like to keep good company.

Revel Systems logo
Posiflex logo
C2C logo
M&M Systems logo
Sapience logo
Payscape logo
PDI logo
PTI logo
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Integrations with several 3rd-party APIs and applications

Use third-party data in your KPIs and your IoT campaigns.

Ecobee logo
MailChimp logo
Honeywell logo
Dark Sky logo
Nest logo
Paypal logo
Square logo
Twilio logo
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Resources For Learning About the Internet of Things

Stay up-to-date in this fast moving industry

Smart industry control concept. Hands holding tablet on blurred automation machine as background.
What Can IoT Do For Your Business?

Few emerging technologies offer more transformative potential for forward-thinking companies than the Internet of Things.

Read more
How IoT Data Can Enhance The Banking Industry

Any industry that benefits from data aggregated from products and customers is transformed by IoT and banking is riding just such a wave.

Read more
Now In Beta: A Fresh New Look For The Canopy IoT Platform

Upgrades include an improved navigation structure, faster performance and enhanced visualizations that put even more power into the hands of Canopy’s users.

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Chef and owner at restaurant
Case Study: MDM Solution Helps Revel Systems Support Its Customers

Revel Systems wanted to find a way that they could remotely monitor, update and even fix their point-of-sale solutions in the event something goes wrong.

Read more
Now’s the Time To Leverage Remote Monitoring and Management

The Internet of Things has the potential to dramatically improve the visibility that IT managers have into their operations.

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ipad with sign in front of it
Why Mobile Device Management is a Critical Tool for Modern IT Operations

Keep networks of mobile devices, such as tablet computers, fully-functional to ensure a positive customer experience. An MDM solution can help with diagnosing issues and pushing the latest software updates.

Read more
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