The Internet of Things (IoT) is one of the go-to solutions for executives looking for more and better insights about their business. Collectively, IoT is made up of a network of devices and sensors, otherwise known as things, which connect to a company’s network and the cloud by various means. These devices generate data about the organization and its operations, and stream it to data stores and apps where it can be analyzed and acted upon. The resulting insights enable organizations to take action in response to something that has already happened, or which is expected to.
But the value of the data an IoT solution generates depends largely on how effectively you deploy and manage the devices. In addition to their breadth of form factors (from an incredibly small footprint to the size of a manufacturing assembly line), devices also have numerous capabilities and can be controlled at a minute scale. Once installed, they’re designed to perform their jobs without having to be physically touched again.