Revenue Accountability The second in a series on my insights into best practices for IoT solution development after working with developers and product managers across multiple industries.
Revenue Accountability Insurers and payers drive chronically ill, self-treated patients like diabetics away from better health and lower costs by continuing to increase the costs of treatment to the patient. An analysis of diabetes from a therapy and costs approach will provide an example with the number one chronic illness in terms of cost in the U.S.
Revenue Accountability With the emergence of the Internet of Things (IoT) mechanical and cyber security have converged for the general public in the form of passwords and fingerprints on smartphones integrated with keyed door locks as so called “smart locks.” rnThis convergence creates an opportunity for new learning for both worlds, mechanical and cyber security.
Revenue Accountability "Software is eating the world" but hardware is the key to building two-sided markets, also called platform business models, in the Internet of Things. Application software facilitates monetization, but consumers and producers are drawn to the marketplace by the adoption of hardware and the data that hardware produces.
Revenue Accountability A discussion with a security expert and IoT security skeptic leads to a consensus on how to find an appropriate balance of risk to value in IoT applications.
Revenue Accountability The Internet of Things is changing both the expectations of and opportunities for CIOs. The IoT CIO can no longer operate behind the scenes supporting operations; they must step up and take accountability for revenue and business outcomes.