Accelerating Business Transformation with IoT Initiatives

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Accelerating Business Transformation
with IoT Initiatives
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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 arent 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.

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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/busi
  ness-transformation-iot-initiatives