Proving the Value of IoT: A System Integrator’s Guide

IoT is widely regarded as both the present and the future for business of all sizes. However, getting blinded by the possibilities and opportunities that the technology presents in theory can make it seem like it is an easy ride to implement a fully functional IoT system. According to a study from Cisco, this is pretty far from the truth.

74% of all surveyed companies stated that they had not been successful in their IoT initiatives, and 60% had the opinion that IoT initiatives look good on paper, but prove to be more complex than expected. This means that partnerships are crucial in order to get from the planning stages to successful implementation. Having realistic expectations, engaging in collaboration between IT and the business operation, and making sure your internal IT works seamlessly with external partnerships proved to be key in companies with successful IoT implementation.

Increased Focus On Security:

IoT-based attacks have unfortunately increased in frequency as the technology is getting more widely spread. According to a survey from Gartner, almost 20% of the surveyed companies had observed at least one IoT-based attack in the past three years. Protecting against these threats are of crucial importance for companies who rely on their IoT environment to execute their business operation, but it is just as important for companies that are just now starting up their IoT implementation projects. Being aware of the importance of security means that your business can include security calculations into the IoT implementation budget.

Source: https://www.iotforall.com/white-paper/proving-the-value-of-iot-a-system-integrators-guide