The first wave of the Internet of Things (IoT) has focused on very high-value operations. However, although we have seen great strides inconnected cars, jet engine monitoring and remote healthcare management, the potential of many industries remains untapped. Indeed, we have only scratched the surface of what the Internet of Things makes possible. Early adopters of IoT technologies can expect to save money in operating costs that can be used to fund additional transformations, demonstrating for all to see that the potential of IoT technologies is growing as quickly as the Internet of Things itself.
Sourced through Scoop.it from: www.ibmbigdatahub.com
By Chris O’Connor. Taking the smart road forward with the Internet of Things will mean rethinking business models and strategies. To deliver real value using the Internet of Things, business and technology leaders must reimagine their technology strategy to focus on providing privacy and autonomy at radically low costs.