As an increasing number of devices become internet enabled, businesses around the world are begining to realise the potential that the IoT has to offer. However, it is important to consider where the Internet of Things can add value to existing business processes. Typically, an IoT based system will create huge volumes of data that must be analysed in order to refine performance and maximise value.
Not every business is ready to become a part of the IoT ecosystem, so honestly evaluating your stregnths, weaknesses and IT infrastructure is a vital step. Once complete, consider the different hardware and software investments that you'll need to commit to in order to make your new IoT strategy a success - from automated sensors to secure software and more.
- Security & threat models must be considered before designing or deploying IoT systems.
- Integration into existing workflows & processes is key to IoT implementation success.
- Logistics, followed by construction, is currently the largest market for IoT systems and hardware.
Combining Advanced Technologies
The Internet of Things describes a world of connected devices. By embedding processing power into everyday items, businesses will be able to send data to and receive data from a range of objects. Utilising this correctly can provide a huge competitive advantage but only if implemented strategically and with careful planning.
Ultimately, investing in IoT enabled technology is no small investment. From utilising data warehouses to the internet enabled sensors that collect data - a full system has a lot of moving parts. In this infographic, we highlight 6 steps that will help your business prepare for the future.
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The Internet of Things is set to see a high volume of growth over the next 5 years. Currently, there is no easy answer to the question: how can it benefit my organisation? The answer to this question is intrinsically linked to the value and use of automation.
However, where there is huge potential is the intersection between the physical and the digital world. Systems that are able to communicate based on physical stimuli without human interaction can be incredibly beneficial - whether it is on a production line or office environment.
But before a truely connected world can emerge, the foundations must first be laid. That requires an understanding of how to integrate systems and, more importantly, the translation and usage of data.
To see how CommonTime Infinity can help you develop low-code IoT applications, download the platform for free.