Companies from various areas invest in IoT technology to become more competitive, attract new customers, improve business efficiency and lower operational costs. For CSPs, the main focus is on managing IoT devices and services in industry verticals, using graphical representations of data and processes to simplify understanding of the lifecycle, usage and management of a given service. However, data derived from connectivity, devices, applications and external systems need to be analyzed. This is where actionable analytics tools come into play helping organizations to unlock the value and as a result monetize IoT data.

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