Clearly there is a massive pressure on executives to seize the opportunity that real-time analytics provides, and the Internet of Things bring with it a wealth of data to analyse. As I have said before, convenience and security are uneasy bedfellows. The business will always (and should) look at customer satisfaction and retention. So it is time to embed security into your business and use the same analytical approach to secure your business.
Internet of things a digitisation catalyst Clark’s immediate boss, CEO Bill McDermott, made a similar observation in a briefing at the supplier’s Select conference in Barcelona in November 2015. “We’ve gone from being an applications to a platform to a cloud to a network company, but it has all come together with the internet of things,” McDermott said. “We now see the idea of moving a company – by which I mean an SAP customer – that has been dealing with data and reports to one that not only responds but predicts. And it is in the predictions and correlations that are now possible with the internet of things that new business models are being invented