Initiatives taken by IoT leaders to boost up business
What differentiates IoT leaders from laggard are the revenue gains that the leaders attain which is 15% as compared to the laggard which is even less than 5 %. IoT leaders know exactly how to monetize their application areas in order to boost up the revenues. Here’s how the approach of the IoT leaders differs from that of the IoT laggards as per the IoT updates.
Leaders aggressively pursue IoT applications
The IoT leaders learn the steep IoT learning curve aggressively and they are pro in anticipating that what percentage of the gross profits their IoT cases would yield over the next few years and how is it important to run more IoT pilots as far as possible.
Leaders willingly change the business processes to unlock the value of IoT
Leaders unanimously agree to the fact that in order to implement the IoT applications it is very important to bring about necessary changes in the business processes rather than sticking around the stubborn business policies. This includes removing the bottlenecks to steer the IoT programs forward.
Leaders willingly develop new applications
IoT leaders are found to be more aggressive and visionary to develop new IoT trends and applications that have advanced endpoints. For these, the leaders are keener to master the advanced endpoints thriving in today’s market. They are gaining expertise as to how to use these endpoints creatively for attaining higher levels of satiety and yielding positive results.
Leaders prepare themselves for cyber attacks
The prominent difference between leaders and laggards lies here. Leaders anticipate the cyber attacks much in advance and prepare themselves for the attacks well in advance. Whereas the laggards wake up after the breach has occurred and reported by a researcher.
Sudipto writes technical contents periodically and backs it up with extensive research and relevant examples. He’s an avid reader and a tech enthusiast at the same time with a little bit of “Arsenal Football Club” thrown in as well. He’s got a B.Tech in Electronics and Instrumentation engineering.