The Most Alarming Three Letters in Business

Three letters that alarm many businesses are not IRS but IoT, (AKA the Internet of Things), the Machine to Machine technology that collects and transforms data into information.

IoT could revolutionize business. A new Verizon report details increased efficiencies that could give, by 2025, a ten percent revenue advantage to businesses using IoT applications. Yet the same study estimates just ten percent of enterprises extensively adopted IoT.

These dabblers in IoT for shipping, maintenance (imagine factory equipment issuing service alerts), or security think it’s too intimidating to go ‘all in.” Some 92 percent of banks implementing IoT call “Complexity” the biggest challenge – but instead, “complexity” can bring project, career, and marketplace success…if everyone is on the same page with the right methodology and tools.

Our Project Success Enterprise Solution can get companies from a blank page to a completely organized, customized project management function, built from the ground up, equipped with the right tools and software, with fully trained staff.

Then, enterprises from manufacturing to finance to pharma might find another three letter word handy.

Win.

Connect with me:

• LinkedIn: http://www.linkedin.com/in/clintpadgett
• Twitter: @clintpadgett

Clint Padgett is the president and CEO of PSI. Since joining the firm in 1994, he has provided consulting, training, and account management to clients in a wide range of industries. His project experience covers many traditional and special applications, including: product development, equipment installation/startup, facility construction/moves, marketing, software/hardware system implementation, and international sporting events. He is a graduate of the Georgia Institute of Technology with a bachelor’s degree in electrical engineering. He also holds a master’s degree in business administration from the Fuqua School of Business at Duke University. He is associated with the Project Management Institute, the Institute of Electrical and Electronic Engineers, and the Product Development & Management Association, among others. Additionally, Clint is a published author and frequently speaks at conferences on the subject of project management, including the Executive Education program in the Scheller College of Business at the Georgia Institute of Technology, where he is an adjunct professor.