You’ve no doubt heard that the Internet of Things (IoT) is expected to be a multi-trillion-dollar industry in the next decade. Much of that optimism is predicated on the promise of greater efficiency gains for enterprises as a result of IoT data collection and analysis. But while generating massive amounts of gigabytes is fairly easy these days, it’s not easy to know what to do with all that IoT data. Most companies’ primary challenges center around increasing revenue, reducing operating costs and mitigating business risk.
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