The interconnection of multiple digital interfaces enables this new generation of IOT devices that are smart, connected to the internet in real-time and able to communicate both ways from a central IOT management server to machines and back. Machines can be monitored using multiple sources of feedback that allows for all types of data collection and statistics.
Business Models Are Changing: Taking A more Calculated Approach
The idea of the digital transformation comes as a result of innovating the backbone systems controlling our online experiences. Algorithms dictate much of what we see, how we influence others through marketing, and our overall digital reach as businesses.
If we can learn to understand how these systems work for us, we can best use them for our benefit if we can transform how we do things to excite them.
There are some basic facts about how these algorithms function: