There is no One-Size-Fits-All IoT Solution

A challenge with monetization of IoT across all segments is there is no one-size-fits-all IoT solution.  It is also impossible to implement a single HW or SW solution in any segment and realize the full potential of IoT (see “Wait and See” in this post – case is made for orchestrating niche applications of wearable technology to create a wearable network effect).

IoT means disruption.  Industrial IoT in particular illustrates this point.  Since the industrial revolution no single technology tool has potentially been this disruptive; computing didn’t do it; the web didn’t do it; social didn’t do it; mobile didn’t do it.  IoT hits industrial at its heart as not just a single tool but an arsenal of tools whose impact is unknown, hence the challenge of monetization.  It’s clear those who fail to appropriately implement value-generating IoT solutions will lose to those who actively do.  There can be no such thing as passively adopting industrial IoT.

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