3 Phases of Evolution for IoT Strategy- Featuring Forrester Research

There’s no secret that the Internet of Things (IoT) is one of the most talked-about topics in the tech industry today. By aggregating sensors, connectivity, processing, analytics and machine learning, IoT has well transformed countless industries, creating new business opportunities for service providers in domains such as manufacturing, public safety, healthcare, connected mobility, connected home, and smart cities. Moreover, IoT innovations have also given service providers the capabilities that are required to change the way their customers live and work, while providing them with personalized experiences.

With the rapid development of IoT technology, companies are also expecting a huge impact on their future business. Nevertheless, a lot of these providers do not have a well-defined IoT strategy. While the ultimate aim of these businesses is to create value beyond connectivity, either by providing differentiating services or by becoming IoT service enablers, having a well-structured IoT strategy in place is key. Here’s a Ness video featuring Frank Gillett, VP, Principal Analyst at Forrester Research, who discusses the three scenarios that helps every organization structure their IoT strategy. In this video, Gillett clearly delineates the 3 phases of evolution for IoT strategies that every company can use to help them on their IoT journey.

Related Insights

Perspectives from Ness’s CTO-How to Leverage Metadata for Data Lineage and Avoid Cloud Vendor Lock-in

In a previous note, also published on Ness’s Blog, I wrote about Platform Modernization and Artificial...

Translating Big Data Trends into Useful Solutions

Data is everywhere, and there’s a lot of it. How can we best leverage it? In an article for Toolbox,...
Blog post

Payment Industry Trends- Part 1

Digital is changing the way consumers buy and transact, and thereby influencing how merchants sell their...

Contact us to learn more

Ness likes to work collaboratively with its customers, so please ask us questions if you would like to learn more about our services. We look forward to answering them.
Browser warning
We noticed that you are using Internet Explorer. Not all of our website’s functions will work on Internet Explorer. For a better experience, we recommend that you visit us on a different browser. Click here for a list of the latest versions.