Accelerating Business Transformation with IoT Initiatives

1. Accelerating Business Transformation with IoT Initiatives

2. Accelerating Business Transformation with IoT Initiatives Abstract A recent research published in Forbes says, “There will be 35 billion smart devices online by 2021, and that number will rise to 75 billion by 2025”. The numbers are certainly compelling, but these statistics aren’t the trend worth noting here. While organizations seek to unleash an enigmatic customer experience, building consumer confidence around these applications and experience takes time and efforts. Taking advantage of the billions of Internet of Things (IoT) endpoints in 2021 to accelerate their business transformation would need CIOs to rethink their digital strategies and priorities, and make serious changes in their organizational processes, workflows, etc. This white paper discusses how organizations can accelerate their digital business transformation journey by implementing the best possible IoT initiatives. The paper also discusses the real-time use cases of how IoT Quality Assurance and testing are playing a critical role in business transformation post the pandemic world Accelerating Digital Business Transformation with IoT As enterprises prepare themselves for an IoT led digital business transformation, it is important to recognize that the exercise is not only limited to adopting digital technology, but also changing the business model, transforming operational processes, and improving customer experience.

3. Accelerating Business Transformation with IoT Initiatives • Addressing QA Complexities • To overcome IoT testing challenges and move ahead in their digital transformation journey, enterprises can leverage some of the key IoT testing services such as – • Identification and verification of various domains based on different conformance standards • Setting up an infrastructure of network and systems • Templatization of use cases based on real-time streaming of data from devices/sensors and according to vertical requirements • As new technologies are difficult to predict, uncertainties should always be considered in calculating ROI. Key recommendations to consider quantifying the ROI initiatives include calculating the ROI-based on cash flow, actual acceleration of the digital business transformation, and the transition costs of implementing the IoT initiatives. While IoT enables a myriad of business applications using IoT cloud, knowing those IoT examples and use cases can help businesses integrate IoT technologies into their future investment decisions • Read Full Whitepaper at: • https://www.cigniti.com/resource/white-papers/business-transformation-iot-initiatives