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IoT data management: a guide on how to implement projects

business woman uses smartphone for iot data management while leaning on her premium class car. Source: Bosch.IO

If your company is successful, the chances are you have satisfied customers. But to ensure that you continue meeting your customers’ needs, it’s vital to understand the ways in which they are using your products or services. The advance of digitalization now means that IoT data management is playing a key role in product development. These data provide you with an exact picture of how customers are actually using your products. In turn, this means you can quickly identify any weaknesses, better understand your customers’ needs, and custom-design your products accordingly.

The benefits of IoT data management

An ongoing analysis of IoT data will help you continuously improve the quality of your products and services in line with your customers’ true requirements.

grafic about IoT data management Source: Bosch.IO
At a glance: The advantages of IoT data management for development, quality and as a basis for providing new services in the automotive industry. IoT data can be used to optimize products and test procedures during development. In terms of quality, malfunctions in the field can be detected and analyzed at an early stage. The data also provides the basis for evaluation for the remanufacturing of components. IoT data also enables new, data-driven services, such as monitoring the vehicle fleet, individual vehicles, as well as products.

We have put together 12 vital tips you can follow to ensure that you make a success of your IoT data management projects. These tips are based on our experience with IoT data management projects in the automotive sector, but they are valid for all sectors. Three examples:

  • Assign a project manager
    Data management is not a part-time role to be filled alongside a normal workday routine. It is therefore vital to assign a specific project manager. Choose your project manager and allocate sufficient time on the basis of the number of products and the volume of data involved.
  • Identify and involve stakeholders
    Be sure to consult with all stakeholders, thereby ensuring that every aspect of your project is taken into consideration. It will also help you exploit synergy effects and leverage know-how from different departments of your company.
  • Encourage knowledge sharing
    Be sure to exploit know-how already available within your organization. You may have departments that have experience with data management or data intelligence and are already using specific software tools in this field. By starting here, you can clear up questions in advance and avoid any pitfalls.

More about IoT Data Management with Bosch

How to make the most of your agricultural IoT data? Read in this blog post.

By leveraging IoT data, customers are able to optimize devices and their functionality as well as develop new services and solutions. Read more about Bosch IoT Insights.

Take a look at Bosch IoT Insights and try it out for free.