The 3 phases of an effective IoT strategy

IoT is quickly becoming the most important business revolution of the digital age, with its implications being felt across all industries worldwide. However, unlocking the true potential of IoT requires not only a clear roadmap with specific objectives, but also a solid front-end and back-end infrastructure that’s capable of making sense of the data obtained. It’s for this reason that both public and private organizations sometimes struggle when implementing a successful IoT strategy and fail to reach the desired return-on-investment (ROI).

To address the risks you may encounter with IoT, we’ve created this short, insightful infographic. After reading it, you’ll have a better idea of the tools and actions you should be executing during each of the three stages of IoT implementation to overcome challenges and maximize effectiveness. You’ll also obtain a straightforward checklist that your teams can refer to when establishing or optimizing their strategies.

View: The 3 phases of an effective IoT strategy

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Digital technology has forever changed the dynamics between customers and companies. Companies must continually reinvent their business by going one step ahead of ever-evolving digital trends or risk becoming silent observers while their industry is led by other businesses more adept at digital transformation.

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FINNING | Digital Transformation on the Azure Cloud

In 2015, Finning decided to upgrade its customer experience strategy. The goal: to double down on interconnectivity and integration by using IoT devices to obtain data from all available touchpoints.

Watch this video to learn how Finning managed to overcome two of the construction industry’s main challenges—disconnected data and paper-based processes—and reap the benefits of digital transformation with Azure IoT.

How Entrepreneurs Are Connecting the World With IoT

As we enter a new decade, the number of IoT-connected devices is predicted to grow 3x from 2019 to 2020, totaling 21 billion devices. As competition increases, so does innovation, and companies across the world are coming up with new uses and applications for the ever-increasing number of devices that are turned on each day.

In this Entrepreneur.com article, you’ll learn how companies and startups are finding new market niches to exploit the near unlimited potential of IoT technology, and how they’re causing disruptive waves that ripple across different trades to nurture a near trillion-dollar industry.

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Finding the right IoT solution for your business

It’s no secret that IoT is revolutionizing business around the world. However, investing in IoT is not as simple as investing money in new platforms or applications. The real challenge lies in finding a model that works for your business and adjusts to your organization’s focus and competitive advantage. In other words, it’s the opposite of a one-size-fits-all approach, and making the wrong choice can have profound consequences that can take years to overcome.

In this infographic, we’ll cover the distinctions between Software-as-a-Service (SaaS) and Platform-as-a-Service models, as well as explain the main variables that can determine where your business stands when choosing one of these models.

View: Finding the right IoT solution for your business

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IoT is easy to understand: it’s about connecting devices over the Internet so they can communicate with us, with other applications, and with each other. But while IoT may be simple to explain, putting an effective IoT strategy into practice is vastly more complex.

Subscribe now to stay up to date on how Microsoft technologies deliver the flexibility and scalability you need to control, monitor, and manage your things, allowing you to capture real-time data that can be applied to uncover new business insights and revenue streams.

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FINNING | Customer Value of Self-Service IoT Apps on the Azure Cloud

Finning, the second largest supplier of Caterpillar machinery in the world, was intent on delivering next-generation, experience-enhancing services to its clients. However, there was something standing in the way: siloed databases that were forcing users to use multiple logins for multiple platforms, resulting in a disjointed and ultimately convoluted practice. Watch this video to learn how Finning used Microsoft Azure Cloud to unify fragmented data sets and streamline its customer journey roadmap.

FINNING digitally transforms its operations with IoT apps on Azure cloud

FINNING, the world’s largest Caterpillar dealer, started its digital transformation journey with customers in mind, but soon realized that its own operations were seeing just as many benefits as its clients. Not willing to turn down an opportunity to improve, FINNING quickly learned that the data obtained from customer-facing solutions enabled it to gain insights into internal processes and become even more efficient. Watch this video to learn how Azure IoT can have game-changing solutions that push forward internal process optimization and enhance customer satisfaction.

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More than ever before, organizations are augmenting human skills, ingenuity, and business acumen with data analytics, productivity, and enterprise solutions to gain a competitive edge. Subscribe today to stay informed on how solutions like Dynamics 365, Power BI, and other Microsoft services and solutions are enabling modern businesses to take the lead over competitors and finish first in the marketplace.

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Finishing first with Renault Sports Formula One and Dynamics 365

To monitor every aspect of performance, a Renault Sports Formula One race car is outfitted with over 200 sensors that generate more than 35 billion data points over a typical race weekend. Since two or more sensors can be matched to form around 20,000 different virtual channels, cars relay an enormous volume of data back to the Renault Sports team during races and tests. By pairing Azure-based Dynamics 365 for Operations with Microsoft Power BI, the Renault Sports team can bring up and track this data in real time, enabling them to make exact modifications and adjustments at lightning speed to squeeze more performance out of the car. Watch this short video to see how the Renault Sports Formula One team capitalizes on the features of Dynamics 365 for Operations and Microsoft Azure to make its cars faster than ever and reach the finish line first.