IoT in Business – Far More than a Buzzword!

Internet of things or IoT is fast emerging as one of the most common buzzword in the tech and business world. But what is it that makes the vision for a Connected World so fascinating and inviting! Well, we have moved over the dotcom revolution and are speeding away past the mobile revolution too. So …

Sourced through Scoop.it from: blog.hiddenbrains.com

Get the ‘Internet of Things’ Advantage for your Business:  One of the many ways to realize your Company’s vision for the Connected World is to align your business strategies with IoT/M2M. The Internet of Things is mainly about going beyond control scripts, the pre-defined workflows and operating procedures.  At the same time, a few of the important points that need to be taken care of when implementing IOT strategies for your business are:

*  Make careful connections – Not just M2M (Machine-to-Machine), but with the layers between devices demonstrating how they connect, make conclusions, and take action.
*  IoT and Big Data are both unique and important as both are based on improvements in technology that conclusively drive business improvements. This calls for more FOCUS on catering to concrete problems with purposeful intent.
*  Create IoT strategies that are connected to measurable outcomes. So, if you are planning to gather more data and insights for your business just because you can do so, ensure what you are enabling can be visibly linked to enhance business processes.

Summary:  Companies supporting IoT beyond the modest collection of information and allowing a host of devices and signals deliver for the business, the focus shifts from the uniqueness of connected and intelligent things to business process and model transformation. More so, this can prove to be an asset for IT project managers, strategists and decision-makers to refine their approaches to understand the implementation of IoT to create greater value. So the takeaway for businesses should not be to create the Internet of (Every)thing; but create a viable network that is consciously chosen and decisively positioned.

See on Scoop.itInternet of Things – Technology focus

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