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 Automations

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

Latest News and Media

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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
State of Mississippi logo

Integrations With 3rd-Party APIs and Applications

Check out some of the highlights from our library of enterprise integrations

Ecobee logo
MailChimp logo
Salesforce logo
Netsuite logo
Fujitsu logo
Hubspot logo
Rainmachine logo
Nest logo
Paypal logo
Dell logo
Microsoft Azure logo
AWS logo
Payscape logo
Twilio logo
Wizr logo
Service Now logo
Verifone logo
Microsoft Windows logo

Common Branded Device Integrations

Our IoT software already connects to dozens of device brands. We do custom integrations also!

Ingenico logo
Posiflex logo
Honeywell logo
Epson logo
Elo logo
CPI logo
Axis logo
Nidec logo
Sankyo logo
Synaccess logo
Logitech logo
Magtek logo

Resources For Learning About the Internet of Things

Stay up-to-date in this fast moving industry

Digital Signage in a Retail Setting
Case Study: Improving Digital Signage In A Retail Setting

In electronics stores around the world, one of the largest technology companies on the planet had a particularly pesky problem with its digital signs becoming distorted.

Read more
How IoT and Other Emerging Technologies Will Affect Financial Services

How will IoT and other emerging technologies change the financial services industry? Here are some of the most interesting use cases.

Read more
IoT enabled factory using automation software
Using Automation With The Internet of Things

IoT-enabled equipment sending data to automation software will unleash productivity gains for years to come.

Read more
Mask wearing employee helping a mask wearing customer in a retail shop.
Using Technology To Optimize the Customer Experience

Good customer experiences are vital to business success. Sixty-nine percent of consumers say they will move on from a brand after a bad experience.

Read more
IoT Automations
IoT Campaigns Are Now IoT Automations

The next time you log into our IoT platform, Canopy, you will notice a change in the name of one of our modules.

Read more
Woman near a payment terminal
5 Ways Businesses Can Protect Their Payment Infrastructure

Being only PCI compliant is not enough. Businesses need to take additional security measures to protect sensitive cardholder data and their payment technology investments.

Read more
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