McKinsey explores what IoT leaders do to drive greater results in their business

  • IoT leaders are achieving cost and revenue gains of at least 15% or more, while laggards see less than 5%.
  • Pursuing 80% more IoT use cases compared to their peers, IoT leaders are progressing faster down the learning curve of monetising their application areas.
  • IoT leaders anticipate that their IoT use cases will boost their gross profits by 13% over the next three years, three times as much as IoT laggards.

What IoT leaders do to excel and drive greater results compared to their peers is explored in the recent 

By Louis Columbus, 28 February 2019, 0 comments. Categories: Enterprise, IoT.

The top 25 IoT startups to watch in 2019: A guide

  • 26,792 startups are relying on IoT as one of their main technologies to launch new products and services and support platform-based business models according to Crunchbase.
  • 78.4% of IoT startups Crunchbase tracks have had two funding rounds or less with seed, angel and early-stage rounds being the most common.
  • IoT startup funding reached $16.7bn in Q4, 2018, with last years’ funding levels 94% over 2017 according to Venture Scanner.
  • By 2020, 50% of IoT spending will be driven by discrete manufacturing, transportation and...

By Louis Columbus, 21 February 2019, 1 comment. Categories: AI, Data & Analytics, Enterprise, IIoT, IoT, Manufacturing, Oil & Gas.