The IoT is becoming more entrenched within all types of enterprises with each passing day. It is no longer limited to large organizations with ample budgets and dedicated resources. Today, entities of all shapes and sizes and in a wide array of industries are looking for ways to improve their outcomes based on the information and intelligence that IoT-based applications can offer.
We’ve heard countless times that data is the new oil. For organizations of all types, data is one of the most precious assets they can use to gain an edge over their competitors. What makes the data even more valuable is the ability to convert it over to worthwhile, actionable information, and then in turn transform the information into intelligence. And when organizations can use intelligence to make smarter decisions in real time, they have that true competitive edge in their respective marketplaces.