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Retailers recognize the potential of the Internet of Things to optimize operations and enhance customer experience. But for many there is an open question: How can we quantify Return on Investment? In fact, IoT initiatives are often delayed, or do not progress beyond trial, because the business case for individual initiatives is not strong enough.
However, if various IoT initiatives could be connected, not just to each other but also to the wider enterprise, far greater value could be extracted and the business case would become clear.
In this webcast, Nikki Baird of RSR and Oliver Guy of Software AG discuss how Connected Retail – the combination of IoT and Enterprise IT to deliver actionable insights across the business – supports the business case for the widespread adoption of IoT in retail. Topics include:
- A vision for Connected Retail – it’s more than isolated pockets of IoT excellence
- Pitfalls in building the business case – Real-world stories of IoT projects that stall
- The route to innovation – successfully building the business case for IoT, featuring practical examples