How IoT can improve IT operations

MARIA KOROLOV | January 4, 2019

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While the internet of things (IoT) continues to draw praise for its promise to reinvent such areas as supply chain management and the connected home, a more quiet revolution may be brewing, as companies are already experimenting with IoT devices to improve the productivity, efficiency and security of internal IT operations. IoT market projections are bullish, and the enterprise segment is no exception, as Bain & Co. estimates enterprise IoT spending to surpass $520 billion by 2021, more than double the $235 billion spent in 2017. According to Bain, enterprises are running more proofs of concept now than two years ago, and more organizations are considering new use cases as well — 60 percent in 2018 compared with less than 40 percent in 2016.

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Spryker

Spryker is the commerce technology company offering a unique commerce operating system, as well as a wide range of corresponding customer interfaces (apps) which enable companies to harness the full potential of their products and services by connecting them to various customer touchpoints and creating forward-looking customer centric and IoT use cases, responding to increasing device variety and user journey complexity.

OTHER ARTICLES

How Retail Security Can Welcome IoT Innovations Without Putting Customers at Risk

Article | March 11, 2020

Retail businesses, from mom-and-pop shops to major department stores, are investing heavily in technology to enhance the in-store experience. With the imminent arrival of mainstream 5G, smarter systems are expected to dominate the retail space as the internet of things (IoT) expands. But as we know from connected device deployments in other sectors, such as financial services and healthcare, the IoT is fraught with security vulnerabilities. For retail security, the risks of deploying IoT devices are no less dire. As organizations rely more on the IoT to enable internet connection at every stage of the retail process, protecting IoT infrastructure is critical. Getting on board with the right mindset can go a long way toward achieving a win-win for retail security.

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A three-step approach to successful IoT adoption

Article | March 11, 2020

Most would agree that the adoption rate of the Internet of Things (IoT) has fallen well short of predictions. Given the proven benefits that the IoT can deliver, such as preventative maintenance and real-time asset management, it’s confounding that every company isn’t well on its way to leveraging IoT. There are far more attempts to adopt the IoT than successes, says Terri Foudray, founder and CEO of Rumble, as well as several reasons that the IoT is not meeting or exceeding adoption forecasts. The culprits behind adoption failures include the lack of available talent, the overwhelming and complex volume of prospective vendors, the lack of a solid business case to define success, and the derailing of initiatives caused by unanticipated political and cultural pitfalls that often accompany enterprise-wide technology adoption.

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How Big Data and IoT Are Connected

Article | April 1, 2020

Big data as a term and a field, has been around for some time. It relates to the ways in which we study, analyze and process data sets that are too large to be handled by traditional data-processing software. Data can be described as ‘big’ when it demonstrates the four ‘V’ qualities: veracity (accuracy), velocity (speed), volume (size) and variety (both structured and unstructured). IoT, on the other hand, came much later and relates to devices, data and marrying them together. This area looks at making devices ‘smart’ (anything from watches to kettles) and collecting data about their performance or usage to influence consumer behavior.

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IoT Adoption: Before and After COVID-19

Article | April 14, 2020

The survey data I’m referring to comes from a study conducted by the Eclipse Foundation about the adoption of commercial Internet of Things (IoT) technology. The aim of the study was to get a better understanding of the IoT industry landscape by identifying the requirements, priorities, and challenges faced by organizations deploying and using commercial IoT technologies. More than 350 respondents from multiple industries responded, with about a quarter of respondents coming from industrial production businesses. While this survey was not solely focused on the manufacturing and processing industries, its results reflect the general business community’s IoT adoption at the end of 2019. As such, it is a pre-COVID-19 snapshot of IoT adoption.

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Spotlight

Spryker

Spryker is the commerce technology company offering a unique commerce operating system, as well as a wide range of corresponding customer interfaces (apps) which enable companies to harness the full potential of their products and services by connecting them to various customer touchpoints and creating forward-looking customer centric and IoT use cases, responding to increasing device variety and user journey complexity.

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