By Exosite on May 5, 2016
The Internet of Things (IoT) movement is here and a growing number of companies are tossing their hats into the ring. IoT is giving rise to previously undiscovered business opportunities that can be exciting and terrifying. Organizations that are taking action with a complete IoT monetization strategy reap rewards with new revenue channels while companies starting late–or jumping in unprepared–find failed projects with wasted resources. In a recent article for IoT Now, Exosite's CTO Mark Benson identifies five key steps to successful IoT adoption:
- A cohesive IoT strategy
- A clear view of customer needs
- A viable IoT business model
- A reliable technology architecture
- An agile organizational alignment
Established in 2009, Exosite was one of the first IoT platform providers to hit the scene. Exosite offers a scalable, flexible, open, enterprise-ready software platform that enables manufacturers to design, develop, deploy, and support connected product fleets. With resources including IoT monetization strategies, guided IoT sessions, and transparent support libraries, Exosite is driving business transformation for organization worldwide.
For a full description of the five key steps and how Exosite is assisting companies with IoT business transformation, access the full article below.
About IoT Now
As the first global magazine of its kind, IoT Now explores the evolving opportunities and challenges facing CSPs, and they pass on some "lessons learned" from those who have taken the first steps in next gen IoT services.