How to make IoT in business work for you

By • on November 4, 2019

The Ericsson website noted that finding a business model that secures your enterprise’s future and enables a competitive advantage requires thinking out of the box. Within the Internet of Things (IoT), the mass deployment of sensors and high-resolution data enables new business models for industries that have been primarily driven by physical products. IoT platforms have a key role as an enabler to design and implement new, potentially disruptive business models. Steelcase, a market-leading manufacturer of furniture for offices is creating a new business model to offer a subscription to customers for smart workplace solutions. To ensure new business models become a reality, Steelcase strives to simplify the communication layer in smart offices. Exploring new business models, sharing a vision, and defining an IoT roadmap can enable the market to develop and mature.

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