The Internet of Everything (IoE) or Internet of Things (IoT) is the network of physical objects, devices, vehicles, buildings and other items with sensors and network connectivity that exchange data. IoT currently doesn’t function without cloud-based applications to interpret and transmit the data coming from all these sensors, so it’s no surprise that the cloud will be the infinite key to using all that leveraged data.
If you’ve questioned the importance of the cloud before, knowing that particular tidbit should resonate as a sobering reminder to get on it.
The Internet of Things (IoT) is ushering in a new world that will change the way we live, work, buy, travel, communicate and so much more and without cloud-based applications none of it would be possible.
If your business model isn’t built for intuition, then you’ve got a lot of catching up to do. That’s what the cloud is offering - the ability to maintain business development awareness, customer engagement and real time market analytics. In the next few years, we’ll see an abundance of cloud based applications that will take data and make it transformative, funneling it into your sales engines, models and forecasts to feed the funnel.
Your next steps should be an evaluation of whether your business can leverage the Internet of Things, how to ensure your infrastructure is ready for a cloud led industry and finally how make sure it’s safe, reliable and disaster proof. Don’t get left behind.
The new world of technology is coming your way and will shape many cloud-based applications, be selective of how you decide to leverage customer data and shape the way you do business to be smarter, more instinctual and agile.
If you’re still wondering what Internet of Things (IoT) or Internet of Everything (IoE) is, refer to Monday’s blog – it’s a great cheat sheet!