Trends Report

Brief: The Two Fundamental IoT Business Opportunities

CIOs Need To Help Their Business Partners Focus On The Right IoT Value Scenarios

January 25th, 2016
Frank Gillett, null
Frank Gillett
With contributors:
Pascal Matzke , Laura Easton , Ian McPherson

Summary

The growth of Internet-of-Things (IoT) ideas and technology has sparked a wide variety of options and confusion, with many stakeholders involved. But if you break IoT possibilities into the two fundamental IoT scenarios, it makes it much simpler to think through the options. This brief frames out the details of the two IoT scenarios and their stakeholders, elaborates on the six categories within the two scenarios, and analyses the three levels of IoT business value for each. We spell out four action items for CIOs to better work with their business partners on IoT.

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