Posted on : July 2, 2018
Views : 4
Category : Technology
Show me the money: How does IoT technology pay back investment? IoT architects take a closer look. When a company decides to execute digital transformation, there are few steps that need to be taken to ensure successful IoT implementation, beginning from identifying business goals, comparing direct and indirect costs against the benefits and recognising where the biggest opportunity for return on investment (ROI) lies. At the same time, it is crucial to be patient and to understand that it can take time before an IoT investment starts to reap tangible benefits.