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People, Processes, Services, and Things by Bill Dry, Hazim Dahir

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Chapter 3

Drivers of IoE

There are multiple drivers of IoE. This section explores the key drivers of IoE in two different dimensions: business drivers and technology drivers.

Business Drivers

It is particularly critical to articulate the problems that we try to solve in IoE. IoE potential ideas need to have a return on investment ordering—ideas that deliver great impact on both topline as well as bottomline, leverage the new IoE data paradigm, and then those that result in connectedness.

Fundamentally, IoE business drivers fall into two key categories: revenue-generating drivers and expense-reducing drivers.

Many IoE business drivers address the key challenges mentioned in Chapter 2, including IoT security and a contextual, linked IoE experience ...

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