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How to transform your business with the Internet of Things

How to transform your business with the Internet of Things

January 9, 2017 By James L Leave a Comment

The Internet of things is the internetworking of physical devices, vehicles, buildings, and other items—embedded with electronics, software, sensors, actuators, and network connectivity that enable these objects to collect and exchange data. In 2013 the Global Standards Initiative on Internet of Things (IoT-GSI) defined the IoT as “the infrastructure of the information society.

Key Takeaways:

  • The Internet of Things (IoT) is more than just hype. It should be a key piece of an organisation’s digital transformation and can deliver significant value when it comes to competitive advantage.
  • The challenge is avoiding a deceleration in business velocity. To avoid this, organisations should look at data coherence and service assurance.
  • Digital transformation and IoT is growing exponentially and will continue to drive more connections between people, machines, data and processes.

“The key challenge of enabling a successful digital transformation strategy that includes both IoT and service assurance is having a true and complete understanding of all the moving parts of the enterprise in one clear snapshot with context and actionable intelligence.”

https://insidesmallbusiness.com.au/planning-management/how-to-transform-your-business-with-internet-of-things-for-tues-1312

Related posts:

  1. The digital trends your small business should embrace in 2017
  2. OTR taps into The Internet of Things – Convenience & Impulse Retailing
  3. How SMEs can unlock the benefits of digital transformation
  4. Why digital transformation is the great accelerator for SMEs

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