The IoT is the manifestation that the raw material of the information age is datum. Data are the new source of innovation and the lever to achieve business sustainability. By extracting data from assets and products, companies can become more efficient through a strategic rethinking of their value chains and business processes. In so doing, companies will add the required readiness to shift from products to services, and eventually enter in the outcome economy. To truly embrace the digital transformation, organizations need to collect actionable data from their assets, processes, and products and then connect the OT (Operational Technology) world where data are generated to IT (Information Technology) world where data are consumed. Beside predictive maintenance and asset usage maximization/optimization the benefits are huge: the transformation of any business into a smart business, increasing competitiveness also in mature markets; the creation of new innovative products and services; and the enablement of service prosumerization.
To make this happen there are some key technology factors to consider during the implementation of an IoT architecture.