Organizations shouldn’t rush into IoT without a proper understanding of its benefits, business implications and the need for digital transformation. The simplest way to start is to get a Subject Matter Expert in IoT to advise how to start. It’s a long journey and every journey starts with a simple step.
“That’s a lot of churning and creative destruction, and it’s probably safe to say that almost all of today’s Fortune 500 companies will be replaced by new companies in new industries over the next 59 years” [Source: Mark J. Perry]
If today’s businesses don’t transform, they will face the same fate as the Fortune 500 companies.
About the Author
Dr. Mazlan Abbas is currently the Co-Founder and CEO of FAVORIOT Sdn Bhd. He is an IOT Evangelist and a Thought Leader. He received an award as 50 Most Impactful Smart Cities Leaders by World CSR 2017. He is ranked No. 20th Thought Leader in IOT by 2014 Onalytics Report – “The Internet of Things – Top 100 Thought Leaders”, ranked Top 10 in IoT Top 100 Influencers by Postscapes 2016/2017, ranked Top 100 in Smart Cities Top Experts by Agilience Authority Index May 2016. He is also a Global Vision Board Member. You can reach him on LinkedIn or Twitter. Check all his presentation slides HERE.