Key to success for IoT companies comes only through collaboration and co-creation. This is based on the fact that one needs to complete the chain of data collection through sensors at the point of interest to transmission of data to point of process and back to the point of action and feedback to sustain the desired result. Though there are several opportunities along the chain for value creation and hence opportunities for several companies to play, success is purely based on how well they work together and achieve the end result for the customer.
Additionally, open source hardware and great application of data analytics is making this domain promise more than one can imagine, realisation of the solution requires greater participation from ecosystem. Right from prototyping, initial trials to production readiness, there are several issues that have to be solved to arrive at a scalable solution. In order to facilitate this free flow of cooperation amongst various players in the IoT space, we are connecting and coordinating strategic partnership/ alliances across the value network.
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