Barend Smet

Barend Smet is the President and Co-founder of the Thaumatec Techgroup. With over 20 years of business and entrepreneurial experience, Barend expertise ranges from new business development, business case definition, process improvement, Internet of Things and Artificial business models and Finance and Investment strategies. Having successfully set up several IT companies, Barend knows what creates value for customers, how to communicate this value and build a business model and organization that delivers what you promise.

IoT and the Importance of Strategic Differentiation

This is the third part in a three-part series on IoT value drivers. Our previous post outlined Operational Effectiveness and how IoT can help optimize operational performance, risk management, and reduce product and service costs. Here we will discuss Strategic Differentiation and how IoT can provide new and exciting opportunities for companies. We will continue …

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IoT and the Importance of Operational Effectiveness

As outlined in the previous post in this three-piece series, there are 3 fundamental reasons why many IoT projects fail: Lack of a solid IoT Value proposition Underestimation of the complexity of IoT projects Organizations not ready for the impact of IoT on their employees, processes, IT systems and business models. However, we believe that …

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3 categories why IoT projects fail to live up to their promise

The Internet of Things (IoT) claims huge promise and potential in all industries.  A new update by the International Data Corporation (IDC) World Wide Internet of Things Spending Guide shows IoT spending growing 8.2% year over year to $742 billion in 2020.  The IDC expects global IoT spending will return to double-digit growth rates in …

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10 steps to successfully start international cooperation

The pandemic struck in 2020.  Corporate strategies morphed from focusing on development to survival.  Items like allowing employees to work from home and online e-commerce became a strategic IT priority. Hence, despite the pandemic, it was business-as-usual.  The concept of working remotely made many organizations realize that the proximity of their business partners and suppliers is …

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