Internet of everything
Internet of everything

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Internet of everything

1.2.6 Maximising IoE value

Described image
Figure 6 Venn diagram demonstrating the value-link between tools,management and practices

For organisations to join the IoE economy, and maximise the value of their IoE implementation, organisations must consider:

  • Investing in a high-quality technology infrastructure and tools – A secure and reliable network infrastructure is required to support the IoE.
  • Adopting and following inclusive practices – An inclusive environment is one in which the employees of that environment feel as though they are part of the change. It is an open atmosphere where individuals feel that they are included.
  • Developing effective information-management practices – Management must be able to embrace and promote change. Information sharing and management must be supported, and data extracting techniques must be developed so that the right information is provided at the right time, to the right people and things.

Organisations are able to achieve a significant competitive advantage by adapting their business processes through the use of IoE technologies.

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