Enterprise IoT and the Quantified Work Space

IoT or the Internet of Absolutely Everything has pretty much become core to product development for semiconductor, consumer, lifestyle, industrial and automotive companies. Include the Government into the mix as well – moonshot or not. 

However, one of its larger opportunity spaces lies in Enterprise IoT. Case-in-point being Intel, who has included IoT as part of its IT annual report and the IT leadership pyramid, to drive business strategy.

At this point, we are no longer talking about IoT within the product mix, but about IoT driving business operations and perhaps enterprise strategy. IoT is no longer a CTO priority, but a CXO priority, with CIOs, CSOs and CMOs becoming bellwethers. It shouldn’t come as a surprise when CRM systems, HRM systems, Order Processing systems, etc. carry IoT enablement and IoT compatibility.

Here are the key trends in this space –

1. Employee heat maps within an office facility highlighting space usage, driving dynamic space design for collaboration and innovation. Hospitals, Warehouses and Service Industries could adopt this first. This is leading into a discipline called Sociometric Analysis
2. Sales team management - especially in the case of distributed teams. This could range from productivity monitoring to event / presentation management. With real time data, the entire lead and presentation management process could be managed better
3. Marketing – Predictive Campaigns!
4. Hiring and People Management could rely heavily on IoT for onboarding, asset allocation, release management, etc.
5. Inventory Management, Facility Management and Administration will have a direct impact due from IoT, such as dynamic parking space allocation, energy management, ERT, etc.
6. Finally – Finance. Finance will be able to better predict its operational costs, assess deprecation in a much more accurate manner and focus on granular reporting with traceability

There are several others popping up as this space evolves, with a key concern being privacy and security. These are problems that may in turn have IoT solutions themselves. The business opportunity here is certainly undeniable.