IoT Projects Increasingly Target Revenue Growth

J. Marcus

Summary Bullets:

• Most IoT projects to date have focused on increasing efficiency or reducing costs

• In 2018, IoT deployments are increasingly intended to generate new revenues as well

IoT offers operators and enterprises a slew of opportunities, with the rise of pervasive connectivity opening up new ways to both collect and generate data in pursuit of stronger businesses and a better experience for customers. The GlobalData IoT Innovations Tracker is following new deployments across sectors worldwide, capturing the key use cases and technology choices made by the deploying organizations. But it also considers the key questions for each deployment: Why are we doing this? What do we hope to gain from this IoT project?
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