What’s next for IoT?
There’s no doubt that there’s a lot more “connected things” these days and that means a lot more data. Specifically, technology is moving out of the consumer’s hands and into Healthcare, Oil & Gas, Transportation, Aviation and more. The spread of smart devices and sensors creates new forms of value and brings challenges for enterprises seeking to exploit this technology. However, while this boom in data has the potential to advance the industrial space in ways never before thought possible, few companies today have the right technologies in place or the right business models that can truly utilize the power of IoT.
So what should enterprises know about the permeation of sensors and connected devices and how can they prepare now or risk being left behind by their faster moving competitors? Here are 4 things to keep an eye on: