Internet of Things: Business Implications and Opportunities
In today’s digital landscape, devices, machines, and objects of all sizes can automatically transfer data through a network, seamlessly “communicating” with each other in real time without the need for human interventions.This is thanks to the advancement of Internet of Things (IoT). Some of the examples of applications of IoT are smart home security systems, wearable health monitors, motion sensor detector and logistics tracking. IoT helps automate activities, saving time, cost, operation management. Data is automatically collected and easily accessible allowing businesses to continuously improve their services and products. Join us in this 1-day workshop to learn more on what Internet of Things (IoT) is, what problems can IoT solve, potential impacts & opportunities to businesses and most importantly how to get started on the IoT journey.
Any professional who wants to understand and leverage on IoT to boost their business productivity and customer experience for a better bottom line.
- History of IoT
- The core concepts of IoT – Sensors, Connectivity, and
- IoT and its relation to Digital Transformation and IR 4.0
- IoT might make things smarter and easier, but what real-world problem can IoT potentially solve? And what issues can it solve right now? What kind of data is critical to collect?
- How to train users across your organization including business leaders to spot IoT opportunities, develop business plans and prepare for their journey.
- The possible issues and problems companies and individuals may face when getting started with IoT
- Understand the steps in IoT journey and define the steps in developing IoT Solutions
- How organizations can benefit from new revenue streams or new business opportunities generated by new business models and services.
- Building IoT Business Canvas
- Moving from technology-based to outcome-based business model
- Building the Internet of Things Checklist
- Using a Project IoT Workbook from Maciej Kranz
Real Case Application