A Strong Internet of Things Strategy Undergirds Success - Amyx+ Internet of Things (IoT)Published 2017-06-19
At Amyx+, we have discovered that the most common challenge with Internet of Things (IoT) projects is not the impleme...
At Amyx+, we have discovered that the most common challenge with Internet of Things (IoT) projects is not the implementation time, learning curve, or even the cost—although all of those issues can prevent a business from realizing its potential with the IoT. The most significant challenge is that many enterprise-level IoT projects lack a clear strategy. The lack of a cohesive plan that incorporates the unique aspects of the IoT and market needs results in these companies struggling to achieve their objectives, with little success. The opportunity offered with the IoT (an estimated 6.4 billion devices by 2020, with an impact of about 6% of the entire global economy) has lured companies with the promise of new markets and endless horizons, but its novelty has resulted in patchwork approaches or flash-in-the-pan projects that ultimately cost the company time and resources and fail to deliver on the full potential of the IoT. However, a strong framework for approaching IoT projects can ensure that your IoT products and services have the best chance of reaching your target customers and competing in the market. Here are four key areas that build on each other to provide a general structure for an IoT strategy... Read more (3 min reading time!)
Found in hashtags
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A Strong Internet of Things Strategy Undergirds Success https://t.co/WhIE5QNA7a #InternetofThings #IoT #IIoT