1) Before investing in IoT, take a step back and revisit your business strategy. Find out what you are trying to achieve and evaluate how IoT could help you to. 2)  A product company shall think of making an intelligent product using IoT, while a service-based company can use it to deliver more intelligent service. 3) Think about the data involved i.e storing data, analysing data, sharing data with those who need it, securing data.

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