IoT Agenda: Fundamental IoT mistakes and how to avoid them

by Michael Beamer

This continued, rapid growth in IoT has created a world of limitless opportunity for businesses from nearly every category — from healthcare to fitness wearables to smart home appliances to connected cars to the industrial shop floor. No matter their differences, all of these companies have one thing in common: the ability to connect “things” and enable new business models as never seen before.

Operating a successful IoT business requires a lot more than offering a niche technology. It requires figuring out how to monetize that technology too, and this involves learning from past IoT mistakes.