PaaS is a great business model for companies that want to extract value from IoT data Buying your first car comes with some pretty powerful life lessons. When I was 12, I started a lawn mowing business so I could purchase my own set of wheels the moment I turned 16. Some years later, I was the proud owner of a classic Chevrolet Caprice. My plan worked! As part of that process, I learned a few things: New cars lose value instantly, don’t be afraid to walk…
Companies with strong analytics capabilities are 3X more likely to get value from the Internet of Things (IoT) than are those with weaker analytics capabilities.90% of respondents see IoT as an opportunity, while only 15% see it as a threat. For those with strong analytics capabilities, 95% see IoT as an opportunity.66% of the respondent companies who are actively working on IoT projects collect data from and send data to their customers, suppliers, or competitors.53%…
