Business Management

The IoT Imperative for Energy and Natural Resource Companies

Provided by SAP

Category Business Management

Type Analyst Report

Length 15

Publish Date December 11 2017

Date posted December 11 2017

Overview

The Energy and Natural Resources industry is facing a problem; operational costs are continuing to rise but new vendors are saturating the market forcing product prices down. The industry’s reliance on static data sources is only compounding the issue and organisations are now looking for new technologies that can help them leverage real-time insights to create new business models, products and services. This IDC report explores the current and impending potential for the Internet of Things in the Energy and Natural Resources industry and outlines a number of value generating scenarios that are set to be possible in the future.

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