From the course: IoT Foundations: Monetizing IoT

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What was not included

What was not included

- [Instructor] I focus on the core of IoT business. However, there are a few other areas that should be considered. Risk management, the business counterpart to cybersecurity, must be considered at the beginning of business planning. IoT platforms, the ecosystems they form, and eventually, the outcome economy are important to understand the complete picture. And once the IoT business strategy has been defined, it must be codified in the IoT business plan and product requirements. A successful IoT product is supported by an IoT company, so operational issues must also be considered. And value modeling must be considered in detail at the beginning of every successful product design.

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