The Internet of Things (IoT) – the interconnection of all aspects of life via the internet – has long been a reality and opens up a world of new products and services. Now the challenge for companies is to exploit the IoT’s potential for business growth. Key to success is the analysis of the immense amounts of data (“big data”). It becomes the basis for developing business models and therefore a tangible added value for companies.
Having a big data strategy in place is the foundation for the efficient use and monetization of data such as:
Complex software solutions support companies in analyzing collected data and invoicing it directly. Taking advantage of M2M communication in increasingly dense networks of devices, they allow to automate and accelerate IoT-based business processes.