Everyone knows that The Internet of Things will be a powerful driver of innovation and competitive advantage. Except, as Professor Hosanagar points out, it is essentially just two things- sensors and big data. 

The key to harnessing the value is exploiting the extra information. To achieve that analytics embedded in the ERP, CRM, PLM and other enterprise systems is vital.

Only in that way will IoT lead to better decision making and more importantly, effective and efficient decision execution