Why should CIO invest in IoT application development
In an ever-growing number of industries, the Chief Information Officer is becoming an indispensable part of the leadership team. As your organization’s CIO, it’s your responsibility to keep track of the constant technological changes confronting you and position your team to take full advantage of emergent opportunities. When it comes to the Internet of Things, IoT application development should be a vital part of your approach.
The Scope Of Possibilities
The Internet of Things has made a rapid transition from trade journal buzzword to core function for many companies. The IoT application is no longer about “pie in the sky” consumer goods like smart refrigerators; today countless companies are finding real applications for this technology that can drive sales, boost profits, and reduce costs.
One of the most fertile fields for exploring Internet of Things opportunities is in the field of business-to-business and enterprise commerce. If your company provides smart products that other companies rely on, you need to be prepared to make full use of the data those products collect. There are two key challenges standing between your organization and the full realization of its IoT application potential: Coping with the scale of the data collected and building the tools to put that data to work. Read more