The Internet of Things (IoT) | More than just a buzzword. It undoubtedly represents the direction in which technology is moving.
The Internet of Things (IoT) is more than just a buzzword. It is a reality happening parallel to your business, in which you can choose to be part, or ignore at your own risk. The IoT undoubtedly represents the direction in which technology is moving and will continue to move, driving technology players to focus on improving their products and disrupting the tech landscape as we know it.
With wearable tech, artificial intelligence, smart home systems, multi-channel spanning apps and smart city solutions, technology and life itself as we know them have already started to change. Moreover, that change is fast-paced as demand increases continuously for life-improving customer experiences.
Main purpose of the Internet of Things is to streamline the experience that we, as customers, have with devices, apps, processes and systems, enabling and favouring the interconnectivity of various systems, machines and sensors. The better the connection between those systems, the less users have to worry about monitoring data themselves, tracking and linking data from one system to the other.
Solutions comprised within the Internet of Things are very diverse – ranging from connected homes and cars, over to smart city lighting or health tracking apps. Every day, technology providers search for new ways in which common practices such as home temperature control, managing city lights and energy saving, tracking health condition information or traffic monitoring can be made more ‘smart’, more customer-focused, more safe, time- and cost-saving.
While pinpointed by several sources as such, the huge potential and business value of the Internet of Things is said to be undermined by others. Organisations that realise the massive market impact of the IoT and its further evolution potential have already started to invest in aligning their business strategy and their capability which implies much more than some might realise.
The IoT is dependant on major market drivers such as cloud computing, big data and mobile. It is through these drivers that advanced machine-to-machine communication, essential to the Internet of Things, is enabled and taken to new development levels. As such, it becomes clear that effective use of cloud computing, big data and mobile capabilities are a prerequisite for organisations looking to exist within the IoT.
While mobile, big data and cloud computing are essential challenges which today’s organisations face, mastering these capabilities is crucial before even talking about the Internet of Things. Gathering, tracking and analysing big data within the IoT landscape is only possible through the use of cloud computing. This again is tightly connected to the mobile environment where much of the big data is recorded and disseminated.
To earn a position as a player within the Internet of Things environment, organisations have to address challenges, whether those challenges are optimising mobile services delivery, increasing customer satisfaction through smart and targeted use of big data, developing customer-centric products and services, ensuring IT capabilities are aligned with the business goals or scaling automation across several processes and teams.
We recognise the challenges that your organisation might be facing as part of your desired positioning for an active role within the IoT:
Using Agile enabled transformation we can help you get on top of challenges such as the ones above, by driving you to:
Find out more about how we can help you – contact us today.