Six things you need to consider when building an IoT strategy

Along with unique new opportunities come new challenges. Here are some of the essential capabilities you’ll need to meet them head on – and to maximise the possibilities the internet of things presents.

1. Security

As companies collect data beyond traditional IT boundaries, security measures will be critical. Some key considerations include being able to secure and monitor devices, encrypt sensitive data, and build risk mitigation into systems.

2. Streaming Data

IoT applications accumulate more data than traditional batch processing can manage. Having capabilities for streaming data continually is key to reliably feeding real-time business processes and extracting timely insights.

3. Platform

An IoT platform makes it possible to develop, deploy, and manage IoT and M2M applications. Automate processes and network connections, store and manage sensor data, connect and control your devices, and analyse your data.

4. Applications

“Next generation” applications must be able to capture, collect, interpret, and act on vast amounts of information – detecting connectivity gaps, handling interruptions, and meeting specific business and industry requirements.

5. Cloud Platforms

IoT cloud solutions provide affordable access to high-speed data networks – to significantly extend the reach and usability of your IoT applications. They can also offer data storage, processing, analysis, and remote device management.

6. Data Management

IoT data management technologies ensure that you can collect the right data at the right time, even when connectivity is interrupted. Rely on in-memory systems to process massive data volumes generated by thousands of devices.