6 Simple Yet Effective Steps for IoT Monetization
Most of the organizations do not possess the capabilities to use the huge amount of data and insights generated from connected devices to their advantage. Companies undergoing digital transformation should take some simple steps to pave the path for the monetization of IoT The Internet of Things (IoT) has brought revolution in the virtually every industry across the world. Connected devices have generated an enormous amount of data, and the insights based on this data can be utilized to update the products & services and enhance the consumer experience. These insights enable generation of new revenue streams for business.