The power of the Internet of Things (IoT) comes from extracting and exploiting process, business, and customer data that are locked inside enterprises.
Inside devices, inside machines, inside infrastructure. These data boost the productivity of human and capital assets, enhance visibility into processes, help secure enterprises against attack, and drive profitability by identifying new business opportunities.
The IoT value cycle explores how IoT data can improve operations by optimizing four parameters: visibility, security, profitability, and productivity.
Enhanced visibility is achieved by securely connecting all data sources to processes, using algorithms to extract value. Security comes from protecting company, employee, and customer IoT data, in-motion or at-rest, from attack, and by governing those data throughout their life cycles. The third parameter, profitability, is achieved by using IoT solutions to better understand customers and their preferences. Productivity, the fourth and final parameter, is achieved by using IoT data to squeeze the most from production processes and empower the people who run them.
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