The Digital Transformation: From Conduits to Content
In the earlier days of the Internet of Things, the industry was obsessed with the magnitude of the network and forecasting how many millions and billions connected “things” it will encompass. As it turned out, those predictions were mostly overblown, vague and inconsistent.
But the hypothetical ability to connect billions of devices to the Internet is of little or no consequence to most industrial companies. Of course, telecom companies, wireless carriers, and semiconductor manufacturers see growth opportunities across many industrial sectors, but these numbers are meaningless to an organization that is trying to harness the IoT to optimize and grow its business and its customers’ business.
The fascination with astronomical number of connected devices is finally subsiding and the conversation is moving gradually from data pipes and conduits to utilizing their content to create business value. Read More