An Internet of Things project should be a business improvement initiative. CIOs should ensure that there is a basic business-case definition before investing in technology; this same business case will serve as the starting point for defining technology requirements and architecture.
Three Steps to Ensure Your IoT Project Is Driven by a Business Need
- Key Challenges
- A Business-Case Definition Framework for IoT Projects
- Step 1: Develop the Initial Business-Case Definition
- Step 2: Build a Pilot Project, Test It and Refine It
- Step 3: Produce Your Detailed Business Case and Technical Architecture
- Sample IoT Project Use Cases
- Example 1: Incremental Productivity Improvement Project: Asset Monitoring
- Example 2: Industry-Disrupting IoT Initiative: Usage-Based Insurance
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