IoT Magic?
By John R. Brandt Here’s something I bet you didn’t know: The Internet of Things (IoT) isn’t just a digital revolution, but also a magical place in which the ordinary rules of business and finance don’t apply. Don’t believe me? Just ask a bunch of manufacturing executives.[1] First, they’ll tell you that they and their companies aren’t yet ready for the IoT: Only 11% have an IoT process strategy in place, Only 12% have an IoT product strategy in place, and Nearly half (44%) have trouble identifying opportunities to use the IoT in their plants or products Next, [...]