The race to data monetization is accelerating. Accenture believes that CSPs have high value data that provides the basis to develop a significant new revenue stream. By integrating data monetization and IoT strategies, CSPs are in a premier position to address and monetize the possibilities that will arise as the IoT matures. As connected products converge with biological sensing and contextual information – data that CSPs can provide through collection of data from digital interactions – is sure to be another source of revenue.
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