Some techniques have been deduced, which when followed to the hilt, can prove to be advantageous to any company working with the Internet of Things (IOT). While several companies are now applying IOT to their work, business intelligence shared by McKinsey points out to these three techniques most effective at enhancing the impact. First of all, companies must take stock of what they already have. They need use IOT to sell or make whatever the company is doing in the first place. The learning curve can be aced using multiple use cases. Any opportunities for changes in the business processes need to be leveraged when they appear. This may be a hard job, as the way the company works, needs then a slight modification.

Source:https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/what-it-takes-to-get-an-edge-in-the-internet-of-things

Uploaded Date:07 June 2019