Let’s just say it as it is – an IoT solution is not necessarily the optimal solution for all companies. It depends on what product or service your business offers. However, the possibilities with IoT solutions are almost endless when you first manage to think out of the box and utilize the IoT potential to the full.
When should you then develop an IoT solution? It will make sense when developing and implementing an IoT solution that will add more value to the product or service you offer.
If your company sells refrigerators, it could be nice if your costumers know when the milk is sour and the salami too old. If your company sells alarm systems, you can enable users to control the alarm system on the run and away from home. If your company produces music systems, why not give your costumers the ability to control the music from their iPhone while sitting on the couch? Yes, the possibilities are almost unlimited with IoT.