Lift IoT: Turning Sensor Data into Value

When companies talk about IoT – the “Internet of Things”, which typically refers to a system or device with sensors, a network for transmitting data, and a system that can process and trigger actions, it is today far more than just an industry buzzword. IoT is a critical part of turning data into value that can lead to improvement in operational efficiencies, reduced maintenance costs, and even real-time system adaptations for improved system performance. Most importantly, data is at the heart of any IoT product.