MANAGING in the

NEW WORLD

There is a lot of hype surrounding the use of the Internet of Things (IOT). Now is the time to separate the wheat from the chaff. Companies are now competing in a world lacking the usual sectoral boundaries. Bots are even intruding in to homes. To ensure that there is a successful IOT marketplace, companies need to first make sure that the data warehousing being done, is clean. Future production systems will also be shaped by this pattern. One of the sectors already feeling the heat, is the automotive. Self- driving cars are already creating doubts in the minds of many of the legacy players. But to ensure, that companies are able to leverage in to this data and IOT, cyber security needs to be really solid. This is the crux behind enterprise IOT.

Source:https://www.mckinsey.com/featured-insights/internet-of-things/our-insights/the-internet-of-things-how-to-capture-the-value-of-iot

Uploaded Date:26 June 2019

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