In this episode of the IoT For All Podcast, Dennis Gingrich, Sales & Finance Director at The Niello Company, joins Ryan Chacon to discuss IoT in the retail automotive industry. Gingrich shares how IoT solutions have been adopted in car dealerships to manage lot and key inventory effectively, greatly enhancing operational efficiency and customer experience. The solutions, provided by RecovR, have not only opened up new revenue streams but also enabled key recovery and theft protection for both the dealership and the consumers. Looking ahead, Gingrich sees the applications of IoT expanding to include improved vehicle maintenance scheduling and tracking. Discover more about IoT at https://www.iotforall.com (00:00) Intro (00:21) Dennis Gingrich and The Niello Company (01:20) Understanding the retail automotive industry (05:29) Challenges in the retail automotive industry (08:42) Adopting IoT and lot management (12:51) Benefits of IoT in retail automotive (20:18) IoT for key management (21:50) IoT adoption process and challenges (29:53) Future of IoT in retail automotive SUBSCRIBE TO THE CHANNEL: https://bit.ly/2NlcEwm​ Join Our Newsletter: https://www.iotforall.com/iot-newsletter Follow Us on Social: https://linktr.ee/iot4all Check out the IoT For All Media Network: https://www.iotforall.com/podcast-overview