Businesses are placing high strategic value on the Internet of Things (IoT), and Cisco’s recent acquisition of IoT company Jasper Technologies for $1.4 Billion perfectly illustrates this point. As companies hone their focus on digital customer experiences, they are investing heavily in IoT initiatives that expand convenient, data-driven service and product offerings through Internet-connected devices.
In addition to sensors and networking capabilities, another technology needed to drive IoT forward is data management, specifically identity data management. A defining characteristic of IoT is that people, devices and apps all have digital identities, and a tremendous volume of data is generated and used by each one. Identity management is a key enabler of IoT’s data-intense relationships between people, devices and apps.