Tech Data Smart IoT Solutions’ Advice for an Effective IoT Business.
A smarter, more connected world is quickly approaching – one in which information technology and operational technology fuse, offering unbound opportunities to advance your business. By 2022, the Internet of Things (IoT) will be a $19 trillion industry1. The key to surviving this digital disruption is effectively monetizing IoT.
Successful IoT partners:
- leverage the ecosystem of smart IoT offerings, from sensors and actuators to virtual objects and people, by integrating devices (“things”) and smart data into a collective platform.
- understand how to design and sell IoT solutions like GPS tracking systems and smart office spaces, from a range of verticals (manufacturing, transportation, smart spaces, and retail), around their customers’ individual business challenges.
- employ businesses and financial advisors that provide expert consultation on optimizing shifting business models.
- use the expertise of data scientists; people familiar with how to analyze and decipher data produced from connected things, who can leverage it to make strategic business decisions.
1Industrial and Enterprise Internet of Things (IoT): Market Analysis and Forecasts for Enterprise IoT and IIoT 2017 - 2022. (2017, February). Retrieved March 9, 2017, from http://www.researchandmarkets.com/research/rkdzld/industrial_and
2Crandell, C. (2016, August 31). How IoT Redefines What Sales Success Looks Like. Retrieved March 02, 2017, from https://www.forbes.com/sites/christinecrandell/2016/08/30/how-iot-refines-what-sales-success-looks-like/#2057c0af584d
3O'Donnell, L. (2016, December 07). 10 Steps To Building A Successful Internet of Things Practice In The Channel. Retrieved March 10, 2017, from http://www.crn.com/slide-shows/internet-of-things/300083068/10-steps-to-building-a-successful-internet-of-things-practice-in-the-channel.htm/pgno/0/2?itc=refresh