Deriving business value from the Internet of Things is as much about managing relationships as it is about device management. MIT SMR’s research found that obtaining business value using the connections IoT creates between an organization and its customers, suppliers, and competitors depends on companies’ willingness to share data with other organizations. The research and subsequent fall 2016 report, “Data Sharing and Analytics Drive Success with IoT,” also looks at analytics capabilities, the impact of larger IoT projects on diseconomies of scale, and potential security issues that accompany device network growth.
AI and IoT offer significant benefits — as yet untapped — for facilities maintenance.
IoT-enabled devices are the new weakest link in data security — and companies need to address this now.
MIT Sloan Management Review
An infographic provides highlights of MIT SMR‘s 2016 Internet of Things report.