Establishing the Business Architecture and Digital Infrastructure for IoT
With IoT investment reaching over $800B this year and expected CAGR of 20% continuing until the foreseeable future, companies are running fast and furious to IoT. Sometimes this run can seem like it’s on a treadmill if the company’s strategy is not well thought out and, in the process, cost millions of dollars. Strategies for digitization and field automation continue to be refined to yield incremental gains and IoT can help companies leverage more advanced and predictive analytics to yield bigger gains. But does your company’s strategy include a robust product infrastructure to take your company from digitization to digitalization and open up new revenue streams?
In this presentation, a former IoT Executive Sponsor discussed their experience tackling both the strategy and technology pieces of their company’s IoT platform.