Internet of Things (IoT) is becoming important to remain competitive for almost every industry out there. Business goals for implementing IoT can range from improving internal operations to offering completely new services to improving regulatory compliance. But who at each company should be responsible for digging into this new world and defining how to implement IoT? We’ve learned that it’s important to have supporters across several groups to develop a truly successful IoT solution:
1. Initiative lead
Those who lead initiatives should always keep a pulse on competition, market conditions, changes in business models, risk assessment and supporting technologies among many other trends. This high-level perspective means executives should be the internal champions of initiatives like adopting IoT into an organization. Their involvement, however can range from setting high level direction and enabling teams within the organization to executing on an initiative directly.