Tag: data monetization

The Digital Journey of a business is determined by when and how a business moves from Digitization to Digitalization to Digital Optimization to Digital Transformation.  Yes – these are distinct terms which almost always are used interchangeably. One thing to keep in mind is once the digital journey begins, each element in the digital chain…

In the last two years, both the volume and number of data sources have increased by unprecedented rates. From combining statistics and other mathematical tools to business data in order to assess and improve practices to taking a deep dive into historical process data to identify patterns and relationships among discrete process steps and inputs…

The declining cost and size of sensors and communication technologies boosts the “Internet of Things” (IoT) by leaps and bounds. In 2017 Internet of Things (IoT) and Industrial Internet of Things(IIoT) forecast, Bain predicts that by 2020 annual revenues for the IoT vendors selling the hardware, software and comprehensive solutions would exceed $470B, while General…