5 tips to succeed with IoT

5 tips to succeed with IoT

200+ billion connected devices by 2020, and endless new business opportunities come with them. Companies are now competing on code; the data and information surrounding their business. But how do you start to think about data in your organization?

  • Identify an initiative; process, product or other improvements?
  • Engage your customers early; co-creation with end users is needed.
  • Develop an experimental mind set.
  • Recalibrate the business; e.g. consider new subscription-based models.

Prime your company to really partner differently.

Key is also to understand that any person, place or thing has a virtual self as well as a physical self—this is where the new value will be created.

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