Technology

Executive Summary It may seem like a no-brainer for a business to hold onto proprietary data if it wants any chance at advancing against the competition. But, in truth, hoarding data could hold a business back, rather than propel it forward. A much-needed mindset shift is necessary when it comes to the way companies view sharing proprietary data. A company can only reap the benefits of sharing data when its senior management understands how it can positively impact its sales, its development opportunities, its employees, and its customers. In a culture where data is shared, companies can mutually benefit from...

Executive Summary Being willing to go back to the drawing board and refine your product’s design can expand both its role and how effectively it is used and maintained. Staying stuck in the past with your design process will ultimately leave customers unsatisfied. Customers today desire a streamlined and automated approach to the products they are buying, especially when it comes to maintenance and upgrades. By rethinking your product design process and employing real-time data, you have the ability to create a more valuable and versatile product that will increase customer satisfaction and help your bottom-line. DID YOU MISS?: IoT...

Executive Summary By using real-time cyclical data to close the loop, you no longer have to be in the dark about how your products work for your customers, or if they are working at all. When you’re stuck with limited, linear data, it’s not possible to get fast and accurate feedback about your product’s performance. Real-time data can help you spot defects in your product or inefficiencies in its performance before problems become acute. Utilizing cyclical data can help you improve the design of your products, how you manufacture them, how well they perform, and how efficiently you service them....

Executive Summary Think twice before you’re fooled by sleek design. You may get a lot more than you bargained for because of a lack of IoT security on your latest device. One IoT device infected with malware or designed with poor security can do everything from leak confidential files to endanger a life. When producing an IoT device, you must prioritize privacy and security over profit and design if you want your customers to keep coming back. It’s time to take a second look at the security of your IoT devices (or lack thereof). Ensure they have sufficient privacy measures...