The Internet of Things is undoubtedly flavour of the month, but taking your project from initial concept to successful completion isn't straightforward and requires careful planning. Helen Saunders offers five key steps companies should take to minimise the risks to their projects.
In the third article of this series, Alan Griffiths of Cambashi looks into how different technology companies work together to provide Industrial IoT solutions and how the money flows. In other words, ‘Who pays whom for what?’
The debate about the impact of the Fourth Industrial Revolution tends be framed around issues such as product design, production lines and supply chains. However, it is vital also to consider its impact on the workforce, both in terms of how the allocation of labour will change and in how flexible our national skills base is going to be in responding to the challenge.