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Moreover, within just five years, the number of smart connected devices in the world will amount to more than 22 billion – all of which will produce colossal sets of collectible, curatable, and analyzable data, claimed IoT Analytics in their industry report. As such, performing an audit of your data sources is essential.
Insurers are increasingly adopting data from smart devices and related technologies to support and service their customers better. According to Statista , the projected installed base of IOT devices is expected to increase to 30.9 Much of the evidence required in the past is already available from the IOT sensors.
To capture the most value from hybrid cloud, business and IT leaders must develop a solid hybrid cloud strategy supporting their core businessobjectives. Organizations need to implement a zero-trust framework where data must also be encrypted to ensure only valid users can access it.
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