Role of IoT within Digital Transformation2022|25:09
The role of IoT within digital transformation is significant. How? IoT introduces massive new data collection and resultantly new insight perspectives from the analysis of this new data. These new insight perspectives challenge the status quo of ways we currently live our lives and conduct business and increasingly so in how we map physical environments into digital contexts. Businesses, for example, can then use these digital contexts based on IoT sensor data and insights to inform decisions to build competitive advantage, improve customer experience and gain deep insights, alongside improvements to productivity and efficiency. IoT implementations aligned to digital transformation objectives are becoming more strategic and holistic, rather than tactical and in silos. This strategic focus will enable disruption via new business models being considered not just for commercial gain but increasingly so for ‘Good for the Planet and For Good in general’ outcomes as well. So in this context IoT could and in many cases already is – having a significant impact on current business/ organisation vision, strategies and user-centric engagement models.