Even though the Internet of Things (IoT) has been around for awhile, it still feels sort of like a dystopian novel title. With minimal imagination you could easily be scared off of any automated home appliance. However, for some it is very new and confusing. It is easy to explain it as the devices that connect you remotely to your home or appliances, but important to remember that it is beyond just the mechanical connection. From a business strategy perspective, IoT offers insights through analytics that not only predicts, but helps you define the outcomes you want. This interesting topic came to us from ZDNet and their article, “In 2018, IoT will move beyond experimentation.”

It is important to remember that to capitalize on any of the benefits, it requires organizations to collaborate in new ways. They can harness the potential made possible by IoT and then the platform offerings will have the ability to specialize to meet the specific needs of the user.

Melody K. Smith

Sponsored by Access Innovations, the world leader in thesaurus, ontology, and taxonomy creation and metadata application.