IoT innovation is about strategy and mindset - We talk IoT #28

With the Internet of Things, many things are possible. The potential of connectivity by design is huge. But randomly collecting data doesn’t turn it into gold overnight. Without a strategy and the right mindset, data itself has limited value. To build a long-term scalable business model strategy, monetarization and education of employees must go hand in hand.

In this episode, we learn from Max Morwind how data can generate value for any company. No matter the industry or size. If you do the work and invest in a solid strategy first and the necessary, culture and mindset change.

#iiot #cloud #wetalkiot

Summary of this week's episode:

01:28 IoT & Cloud: What is Microsoft up to?

02:35 How to start your IoT journey

05:12 Don’t underestimate culture and mindset

07:58 Case study: Heating manufacturer

11:30 How hidden champions profit from data

14:14 Innovation is not about size. It is about mindset

16:45 Start-ups focusing on sustainability

18:50 The big future trends

20:35 Metaverse at Microsoft

Shownotes:

Max Morwind: linkedin.com/in/maxmorwind

Viessmann case study: customers.microsoft.com/de-DE/story/740567-vie…

About Avnet Silica:

This podcast is brought to you by Avnet Silica - The Engineers of Evolution.

All podcast episodes can be found here: avnet.com/wps/portal/silica/resources/podcast

You can connect with us on LinkedIn: linkedin.com/company/silica-an-avnet-company. Or find us at avnet-silica.com.