The Internet of Things - managed or unmanaged devices - plays a significant role across all industries and has the potential to disrupt entire businesses. Even though many IoT projects are being implemented as we speak, many businesses are too late to the game. One of the main challenges during the project planning phase is the value quantification.
The business value increases with the degree of process digitization. Digital Identity solutions, and IoT combined, help to make Information available in near real time throughout the entire business process, not confined to individual data silos. This allows a leaner and more customer/consumer friendly process.
Digitized business processes have many actors (employees, customers, third party and historic data, the device itself and many more). Each actor needs to be uniquely identifiable, and actions need to be recorded for audit purposes. But that is not enough as responsibilities may change over time and data privacy laws must be adhered to.
In this session, we will discuss the importance of digital identity management for an efficient business digitization process, as well as key requirements for such a system.
