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whitepaper
PRODUCT LIFE CYCLE IN THE AGE OF IOT
By now, companies big and small have heard of the
 possibilities that the Internet of Things (IoT) brings to their business. Collecting data from sensors and devices, and using smart analytics to turn the data into information that can be used to provide a new service, or optimize the efficiency of the existing products and services has been shown in many proof-of-concepts, and pilot deployments for the past few years. Massive ROI projections from IoT deployments have caused people to claim that “data is the new oil.” Although the excitement around the potential economic value that IoT will bring is warranted, these returns can only be achieved if companies can deploy and manage these IoT platforms and systems at scale throughout their life cycle.
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