Get the most out of the Internet of Things in five steps

The Internet of Things (IOT) is poised to become a cornerstone of business innovation and growth, and its impact on Australian industries will be significant. From a technology perspective, IoT leverages the core components of networks (and their capability and coverage), security, analytics and cloud services to create a tremendous opportunity for organisations to profit in a time of disruption.

According to Dr Hugh Bradlow, “IoT is driving innovation. There is almost unprecedented opportunity to drive change and efficiency through improved predictive analytics based on the data collected by the connected (IoT) sensors."

IoT promises tremendous opportunities for innovation, driven in part by insights from data analytics and near real-time connectivity on an unlimited range of devices or ‘things’.

Key industries embracing IoT solutions are the mining sector, financial services and local government. We are also seeing adoption in the manufacturing, transport and logistics, and retail sectors.

This white paper looks at how you can use IoT to drive innovation and improve service, reduce cost, improve productivity and increase efficiency for your business. It also looks at how organisations can use IoT to drive innovation and improve service, reduce cost, improve productivity and increase efficiency for your business.

Provided by: Telstra Topic: Tech Industry Date Added: Oct 2016 Format: HTML

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