The number of devices connected by IoT (the Internet of Things) is growing rapidly, and more and more companies are keen to realise its benefits. However, many IT companies have so far struggled to deliver successful IoT applications. Myndar believes that successful IoT applications should:

1. Solve clear, well-defined business challenges and contribute to a long-term vision
2. Deliver useful data that companies can use to unlock additional opportunities
3. Help businesses to grow