The 3 Stages of Realizing of Internet of Things Value
The first step is that IoT device data contributes first to operations improvement.
How far along are we on the IoT maturity curve? Is anyone seeing value yet?
That’s the question addressed in a recent study out of MIT Sloan Management Review’s research arm. The survey report, co-written by Stephanie L. Woerner, of the MIT Sloan Center for Information Systems Research and Sukamal Banerjee of HCL Technologies, is based on input from 263 executives, and cautions realizing IoT value is a step-by-step evolution that starts with smaller projects and, if successful, eventually leads to an overhaul of the entire business model. Read more…