K
Kathleen Martin
Guest
We’ve seen examples of companies that have not been able to adapt to current technologies when a change in the existing business model occurs. Think about the companies that fell by the wayside when the software industry switched from a per-licensee pricing model to SaaS. In this frequently evolving digital world, we are on the brink of the same type of change within IoT. Companies are aggressively looking at taking the dive into IoT implementation, which is why it is necessary for the adoption of professional IoT services.
It is assumed that by the end of 2025, over 27.1 billion IoT devices are expected to be part of the globe. This will accelerate growth synchronized with the latest solutions offered by IoT. In April 2021, 500 decision-makers in the U.K. and the U.S. announced their adherence to ramping up IoT investment, with 49 percent planning new projects in the next two or three years, and 89 percent planning budget increases.
However, many companies do not have the proper resources and skills that are required to architect, integrate, and strengthen a connected solution in their enterprise setting. Plus, without an experienced technical team, the IoT project cost can be high and escalate into unanticipated risks, which can cause disturbances in the growth of the project. Let’s discuss the reason many IoT projects fail, or are not as successful as originally projected to be, and the ways in which the adoption of IoT services can help deliver quality solutions.
The Reasoning Behind Failed IoT Projects
Research shows that respondents are struggling most with security, connectivity, and device onboarding. All these are considered top challenges. 39 percent said that security was their biggest obstacle, whereas the other 35 percent device on-boarding, testing, and certification. The rest said that cellular connectivity across multiple countries and regions causes difficulty. Therefore, overall experience says that IoT projects undertaken in the last twelve months had failed to attain the expected potential.
IoT devices drag in many complexities like connectivity issues or the configuration of an existing system with an IoT ecosystem. Still, it is expected that IoT should facilitate reliable and secure connectivity that can crush international or local restrictions. It should be robust and well-designed, capable of overcoming escalating security threats.
Besides connectivity and other issues, logistical challenges also disrupt growth, especially for global or multi-region roll-outs, the ongoing management and coordination of multiple vendors, and many other related challenges that companies have to deal with.
As we already discussed, some organizations lack specialist skills internally to develop and deploy IoT-based solutions. Organizations often don’t have the in-house expertise or a team to manage multiple vendor relationships for various components of an IoT solution.
Continue reading: https://www.iotforall.com/why-does-your-business-require-professional-services-to-accelerate-iot-adoption
It is assumed that by the end of 2025, over 27.1 billion IoT devices are expected to be part of the globe. This will accelerate growth synchronized with the latest solutions offered by IoT. In April 2021, 500 decision-makers in the U.K. and the U.S. announced their adherence to ramping up IoT investment, with 49 percent planning new projects in the next two or three years, and 89 percent planning budget increases.
However, many companies do not have the proper resources and skills that are required to architect, integrate, and strengthen a connected solution in their enterprise setting. Plus, without an experienced technical team, the IoT project cost can be high and escalate into unanticipated risks, which can cause disturbances in the growth of the project. Let’s discuss the reason many IoT projects fail, or are not as successful as originally projected to be, and the ways in which the adoption of IoT services can help deliver quality solutions.
The Reasoning Behind Failed IoT Projects
Research shows that respondents are struggling most with security, connectivity, and device onboarding. All these are considered top challenges. 39 percent said that security was their biggest obstacle, whereas the other 35 percent device on-boarding, testing, and certification. The rest said that cellular connectivity across multiple countries and regions causes difficulty. Therefore, overall experience says that IoT projects undertaken in the last twelve months had failed to attain the expected potential.
IoT devices drag in many complexities like connectivity issues or the configuration of an existing system with an IoT ecosystem. Still, it is expected that IoT should facilitate reliable and secure connectivity that can crush international or local restrictions. It should be robust and well-designed, capable of overcoming escalating security threats.
Besides connectivity and other issues, logistical challenges also disrupt growth, especially for global or multi-region roll-outs, the ongoing management and coordination of multiple vendors, and many other related challenges that companies have to deal with.
As we already discussed, some organizations lack specialist skills internally to develop and deploy IoT-based solutions. Organizations often don’t have the in-house expertise or a team to manage multiple vendor relationships for various components of an IoT solution.
Continue reading: https://www.iotforall.com/why-does-your-business-require-professional-services-to-accelerate-iot-adoption
