IoT works, the The Internet of Things (IoT) business unit of HCL Technologies has launched “IoT Maturity: Bridging the Gap Between Devices and Value”, a maturity framework that helps large businesses transform with the help of IoT.
“Many companies have made inroads into use case-based IoT projects, but very few have embarked on transformative programmes. It is only by doing so that these firms will reach the intended IoT goals of efficiency, profitable business models and gaining a competitive edge,” said Sukamal Banerjee, CVP and Global Head, IoT Works, HCL Technologies.
This framework provides process efficiency using IoT enabled data which helps in building new revenue streams.
The IoT platform can centralise the data from the instruments which can then help transform the business.
“Defining the IoT platform strategy is the inflection point and there are four key components while choosing the right IoT platform — security, data analytics, scalability and agility,” added Banerjee.
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