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Does Your Business Still Lack an IoT Strategy? Consider These Reasons to Have One
Consider the way we are practically
surrounded by gadgets and interfaces. There are smartphones, tablets, smart TVs
and now smart car computing system to an array of smart home appliances to the latest range of smart wearable devices. As per
an estimate of IDC, there will be a whopping 30 billion connected devices
by the time we reach 2020. Now think of the diversity and volume of data being
transmitted among them. Does not your mind instantly understand the huge
potential of this data for delivering insights?
Well, most businesses just lack a
strategy to make use of this volume of data used and transmitted among
connected devices. This network of devices is what we call as Internet of
Things and every business should have an IoT strategy to unlock the potential
of this volume of information for their business. Are you still on the lookout
for a solid reason for embracing an IoT strategy for your business? Well, we
propose these following reasons to consider.
1. Make Use Of Your Own IoT Data
Your business produces loads of data
day in and day out, right? Naturally, when looking for data driven business insights
you hardly need to look for other sources. But, the main problem is to manage
and maneuver this bucket of data for real actionable insights. Well, with an
IoT strategy and dedicated analytics in place you can easily gain competitive
insights, predict trends and gain customer insights.
2. Data-Driven Operation To Match Expectation
Can you guarantee all the business
elements behaving the way you want them? Does your business operation produce
the result you expect from them? Well, a connected workplace with too many apps
and diverse elements to distract employee focus often offers a big challenge to
manage resources and ensure optimum efficiency. How to deal with this cacophony
of apps and maze of devices causing workplace distractions? A solid IoT
strategy can easily take care of device usage and resources in a concerted
manner and can drive operational efficiency.
3. Data-driven Enterprise Security
When it comes to enterprise data
security, most businesses actually end up taking a skeptic look at the ever
increasing devices and interfaces at the workplace.
Well, volumes of gadgets and apps in use at the workplace
can only be threatening to data security if your business lacks an IoT strategy to deal with the connected devices. Moreover, with an IoT
strategy in place your devices and IT resources can enjoy an additional
security through the predictive insights concerning any imminent or probable
environmental damage, calamity or security breaches.
4. Cloud-Based Operation For Ease And Efficiency
When it comes to cloud-driven operation, most businesses still
consider themselves inept to embrace the cloud
in their business. Do you know why? It is simply because cloud is mostly
explained as an alternative non-device specific storage solution, not as a connectivity solution that gadgets can actively depend on upon. With the Wi-Fi and Bluetooth
led connected reality of devices, now cloud services once again became
important. The increasing volumes of data produced by the IoT devices will now
be unlocked by analytics-driven data apps for business insights. Already big
players have embraced cloud extensively followed by mid-grade ones and so a
rise of cloud-based IoT apps seem to be
the next big reality.
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