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What is Your Industrial IOT Strategy?

How do we monetize the Internet of Things (IOT)?

That is the billion-dollar question, potentially even the trillion-dollar question. McKinsey and Company says that by 2025, the Internet of Things could have an economic impact potential of $11.1 trillion. The largest segment by far, is operational optimization applications at $4.3 trillion, which focuses on remote monitoring and tracking of equipment, as well as automatically adjusting machinery based on IOT data.

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IoT Enterprise Implementation: Somebody’s Gotta Do It

The Internet of Things (IoT) is the latest buzzword describing a variety of global enterprises from wearables to devices for the home or car. Basically, if it’s connected to the internet, it’s part of the new IoT world.

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