IoT and Big Data are two sides of same coin. Internet of Things (IoT) transforming business operations and enabling new business models that create
unprecedented operational efficiencies , deliver increased value to customers, and create new business models.
Enterprises has to fully recognize the potential for IoT to enhance customer experience. By leveraging IoT gives better
insight of data and real time information improves decision making.
Following are key factors that are asscociated with Internet oF Things that spur companies for IoT adoption.
- Pressure to leverage data and deliver better customer experiences.
- IoT empowered customer experiences deliver top and bottom line business improvements.
- Industry such as transportation and logistics industry as well as energy, aerospace and automotive Use IoT Primarily For Asset Management.
- Improve the use of data and analytics to enhance business decision and outcome.