Product managers, corporate innovators, and supply chain experts alike are increasingly expected to understand enterprise data strategies. As the Internet of Things is incorporated into more and more business models, the importance of having a sound data strategy becomes clear. IoT devices generate massive amounts of data; organizations that make proper use of it will develop a competitive advantage in their market. However, with great assets come great responsibilities. If consumer data is being stored, securing said data is critical to maintaining the customer’s trust. If internal operational data is somehow breached, proprietary intellectual property or differentiators may be lost.