The five Cs provide an excellent framework for understanding the work that must go into an integrated, technological approach to business, especially solutions related to IoT and OOBM.
When the five Cs are used together, they merge into a fully-realized business solution capable of revitalizing even the world’s oldest industries, such as automotive or industrial. With rapid development of technology, it is crucial that older industries keep up, especially businesses that opened their doors decades (or even centuries) ago.
But, what are the 5 Cs of IoT, and how can your company go about incorporating them into your 21st century strategies?
What Are the 5 Cs of the Internet of Things?
Each of these 5 Cs is a necessary building block of IoT, and have the potential to revolutionize an entire industry:
Comprehensive data is what allows you to make informed, tactical decisions about your business. By collecting and analyzing data from your source streams, you can create strategies that propel your business forward. The raw material that is gathered flows into the other “Cs” in your IoT stack.
Keep in mind, however, that collecting and storing data involves a great deal of responsibility. The data you collect, especially if it contains any personal or identifying information of your customers or employees, must be kept secure. As a company, you are liable if any of your collected data leaks or is stolen. Remember: more data means more responsibility.
More Data Mean More Responsibility: How to Make the Collection Process More Secure
It’s important that data be collected securely and effortlessly connected. Setting up secure centralized data collection hubs that comprehend and compute data as it comes in from recording sites provides the necessary protection of sensitive data.
IoT technology makes it possible for a company to collect and process huge amounts of data, but it is crucial to keep this data secure. Companies that collect sensitive or proprietary data are legally responsible for protecting it.
Your business could be privy to all of the data in the world, but a collection of data doesn’t do much good unless you’ve got something to connect it to and a purpose to achieve.
Think of IoT connectivity similarly to how your cell phone works. Your phone connects to a satellite or network which enables you to share data with a much more expansive range. This network of connectivity allows for streamlined data collection and transmission, meaning you can reach further, wider, and faster.
IoT: Solving Connectivity Problems
Some customers want to set up remote work environments that offer just as much connectivity as a local office space. However, the limits of the typical remote office setup prevent teamwork and supervision. IoT connectivity services provide solutions that allow companies to make the adjustment to distanced business models, without sacrificing any of the connectivity that powers the traditional office environment.
Collecting and connecting data can’t go anywhere without a strong computational understanding of what the data says. Today’s IoT systems and hardware offer a wide variety of computing options that can be tailored to suit your company’s unique needs. As AI systems make way for machine learning, the speed of these computations is more important than ever. The world doesn’t slow down, and neither will IoT hardware and software solutions as they work to understand your business.
The Internet of Things Allows for More Efficient Computation
Many businesses require real-time updates through IoT hardware and software solutions. Creating a framework that efficiently computes your data in ways that are both practical and easy to understand is imperative when planning an IoT system for your business.
After computing, you’ll need a way to decipher and understand your information. This is the point of strategy. By making sure that you comprehend, you can make smart business decisions that will move the needle in your company. This understanding can happen both at human and computational levels.
Make Your Information Easier to Understand
AI software can be utilized to help make your findings easy to read and digest. If simplified data is something you need, an IoT service provider can also help you understand how the specific data you are collecting is being used.
Where would your business be if it didn’t have control over all of these distinct points of technology?
The control of your company belongs in your own hands. Not in a piece of hardware. communicating with another piece of hardware. Certainly not in a cloud of data that you aren’t even able to comprehend. At every stage, Internet of Things equipment puts you in the driver’s seat, revealing solutions that will help you do your work better. Ensuring the decisions you make point you towards solutions that benefit your customers as well as your entire IoT and OOBM strategies.
Merging the Five Cs to Revitalize an Industry
In our interconnected world, attention to these five C’s amounts to the best way to ensure that you are running an efficient, future-forward company. By adapting to technological advancements, older industries are able to pave the way forward, remain relevant, and integrate with a newer generation.
Some of the world’s oldest industries are beginning to reap the benefits of IoT technology, including the medical, manufacturing, and automotive industries. It is important, however, as new technology makes its way into older industries, that businesses are prepared to add new divisions to their companies to ensure that this new technology allows the business to scale and adapt seamlessly.
The Internet of Things: Where Technology (and the World) is Going
The 5 Cs, while incredibly powerful on their own, only see their full effects when working together in synchronicity. For example, while collecting data is powerful on its own, your company will not realize its full potential without a way to connect, compute, comprehend, and control this data.
Each of the 5 Cs works congruently with the others, creating a holistic and powerful system.
Xavier Dupont is the Senior Director Product Line, at Lantronix, a global provider of turnkey solutions and engineering services for the internet of things (IoT). Xavier’s and Lantronix’s goal is to enable IoT and their clients digital transformation by providing technology block from sensing, to data collection and visualization.