Internet of Things - The importance of data and its potential role in high-level strategy
The Internet of Things (IoT) is here, whether we like it or not. According to analyst firm, Gartner , the number of interconnected devices has seen major growth since 2016 - 30% to 6.4 billion in common use - and it will grow more than a double to 13.5 billion by 2020. Organisations today will look to platforms and services that help them manage and analyse the streams of data coming from connected devices. Although the Internet of Things (IoT) is a technology that has in fact been around for decades, IoT is starting to catch the attention of local business leaders – and will likely make great strides in 2019. IoT refers to an ever-growing network of physical sensors that feature embedded communications back to a centralised system. Simply put, this is the concept of basically connecting any device with an on and off switch to the Internet (and/or to each other). This includes everything from cellphones, coffee makers, washing machines, headphones, lamps, wearable...