Internet of Things (IoT)

When Your Product Becomes a Platform

The Internet of Things (IoT) has been described as one of the biggest innovations for business since the dawn of the Internet. Companies are working fast and furious to take advantage of the opportunities IoT provides and grab their stake in the multi-billion dollar market analysts predict it to become.

But as they say, nothing worth doing is without effort. Simply connecting a product is not enough to achieve everything the IoT promises. It’s just the first step. In reality, you are building a product as well as a platform. To realize the IoT’s full potential it’s important to understand and plan for how having a connected product will fundamentally change your business.
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