It is reasonable to suggest the greatest value from internet of things applications will come from insight gleaned from all the raw data, not the actual creation of data or connections to support the gathering of that data.
A survey of enterprise executives conducted by the Economist Intelligence Unit found 38 percent of respondents believe the internet of things will have “major impact” in most markets and industries within the next three years. Some 40 percent believe IoT will have some impact in a few markets or industries within the next three years.
With the caveat that even industry insiders can be wrong about technology impact, and the further qualification that the impact of IoT within a three year period was the framework, there is significant belief that the insights gleaned from IoT will have impact on some to most industries.
As always is the case, we are most likely to err on the time frame. In most cases, gaining business value takes longer than most expect. On the other hand, important new technologies virtually always have greater impact than initially forecast.
1 comment:
Nice Post!!!
IoT is fundamentally changing the way we do business. Companies are now looking at how the IoT can be leveraged across their entire operations. I came across an Article "Impact of IoT on Various Sectors" which is very useful to know the industries where IoT has impacted.
Post a Comment