Data Management Will Make or Break Your IoT Solution

The Internet of Things (IoT) could add over $1 trillion of economic value to the industrial economy — but only if it can implement data management strategies that make the most of this technology’s overall potential. This, according to a recent report from McKinsey, underscores what’s at stake for businesses that want to get their IoT networks right.

Network professionals are well aware of the promise of IoT. From boosting efficiency on factory floors to mapping out productive workflows across enterprises, this new paradigm is changing the way organizations collect information, analyze proprietary data, and draw actionable insights from networked assets.

IoT is all about insights. And these insights are derived from data. However, we can't analyze this data properly if it's not managed well. Generating value from your IoT devices rests on the foundation of good data management and strong networks.

This is why IoT data needs to be collected with deliberate purpose and care — and it has to be stored, organized, prioritized, and secured accordingly. Without a data management strategy in place that does so, organizations won't be able to locate the insights they need to take the actions that will help them succeed in beating back the competition.

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