How to Monetize IoT | @ThingsExpo @EastBancTech #BigData #IoT #M2M

The IoT is changing the way enterprises conduct business.
In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable again. Lastly he provided insight on the importance of properly establishing IoT in the cloud and the four steps you need to take in order to make your IoT program improve your service quality.

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