IoT success stories: Reaping value from sensor data

The internet of things (IoT) is helping organizations collect more data than ever. What they do with that information is critical as IT leaders share how IoT is transforming several industries.

IoT success stories: Reaping value from sensor data
Jiraroj Praditcharoenkul / Getty Images

Enterprises re-platforming for the digital era are thirsty for data. And if data is the new oil, internet of things (IoT) technologies comprise the pumps extracting and transporting data to analytics engines for refinement.

Organizations across many industries, including construction and mining, cities and agriculture are tapping into IoT, in which sensors are powered by unlimited connectivity, ubiquitous data and massive processing power, says Jeanne W. Ross, principal research scientist of MIT SCISR.

And IT leaders are investing big bucks on this data-drilling infrastructure, with global IoT spending expected to top $1 trillion by 2022, according researcher IDC.

"We are increasingly observing how data generated by connected devices is helping businesses run more efficiently, gain insight into business processes and make real-time decisions," says IDC analyst Carrie MacGillivray.

Here technology leaders share with how IoT has transformed their offerings and operations.

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