Company leaders about utilizing artificial intelligence

Acceleration in innovation opens a wide range of business opportunities facilitated by the Internet of Things (IoT).

IoT comprises cyber-physical communication and big data storage of information gathered by exponential technologies. The speed of change also leads to disruptive business models that reshape the business environment. Many companies focus their IoT investments on technology-enabled cost-savings and efficiency-gains. However, the Internet of Things is also a transformative force that opens new possibilities not only for increased efficiency but for greater differentiation and innovation as new business models are enabled. To address the outlined opportunities, companies need to move to a proactive business-led innovation approach where employees are trained to eventually master the Internet of Things.
The impact in Belgium – IoT Solutions across Industries

Sensor and communication technology continue to decline in size whilst performance increases. Consequently, the economics of sensor-based applications improve exponentially. Today’s applications include the use of sensors so small they can be worn or even ingested, and others so rugged that they can monitor the performance of high-speed rotating machinery such as jet engines and generator turbines. At the same time, big data tools for managing and analyzing the vast data sets generated by swarms of sensors are rapidly maturing. New IoT solutions are released at an ever-accelerating pace across a wide range of industries:
How Deloitte can help

Deloitte is a global IoT consulting market leader with a broad range of IoT services designed to meet client needs across industries. The end-to-end IoT service offering ranges from ideation to strategy to implementation. On a daily basis, we work on new IoT solutions where all of them have the potential to revolutionize the way we lead our lives and run our businesses. Deloitte’s IoT offering combines deep industry knowledge with cross-competency delivery capabilities.