How to Achieve IoT Success in Five Easy Steps

The Internet of Things (IoT) is the enabler for new types of business model that will increase the bottom line for businesses and improve the range of service they offer. Edge computing promises near real-time insights and facilitates localized actions that are turned to the needs of customers. In doing so, business can ensure they remain competitive in a rapidly changing world.

Full IoT solutions conventionally require significant upfront investment, despite, according to industry studies, success rates for such projects only reaching 26%. Technology ‘pilots’, which are often recommended for the first step into digital transformation, are largely to blame. This is because pilots are about proving success - when things don’t go to plan, transformation halts and strategy is re-evaluated.

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Date: 1.8.2018

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