Towards business model innovation
Building on the continuous evolution in IoT technology, Delaware is already preparing new features for the demo. Like the use of sensors – that communicate via the Lora network – to detect theft of copper cable coils. That is just to name one. Last but not least, we will dive deeper into predictive analytics. Using real customer datasets, we will tap into machine data and demonstrate how we can build models for smarter decision-making and better action planning.
So start exploring your data and start making sense out of it, to make sure you don’t get outpaced by the competition. Data is the key, not only to product and service innovation, but to true business model innovation, generating new revenue streams and driving new customer value. Interested in how your business can benefit from IoT? Don’t hesitate to get in touch!
Author: Bruno Mommens.
You can follow Bruno on Twitter (@BMommens) or connect with him on LinkedIn.