In order to create transparency around what it takes to develop a commercial industrial IoT Solution, we created an IoT infographic that helps people adopting IoT technology understand some of the crucial elements of the journey. On a high level there are usually 5 steps:
- Business Case Development
- Build vs. Buy Decision
- Proof of Concept (PoC)
- Initial Pilot Rollout
- Commercial Deployment
The corresponding IoT infographic is based on our research, including 30+ interviews with IoT users and vendors:
Access: You can access the IoT infographic in high resolution as a PNG file HERE and as a PDF file HERE.
Key insights include:
- More than 1/3 of people do not start with a clear IoT problem in mind but rather explore the technology first
- IoT Cloud / Platforms are leading the way in coordinating the IoT Solution Development
- Not starting a comprehensive organizational change effort on day 1 is one of the most common mistakes cited
- Connected Industry and Smart City are currently leading the way in IoT Solution Development
Additional details such as a comparison of some key vendors and a detailed discussion of the technology stack are provided in the 31-page Guide to IoT solutions development for IoT business & technical decision makers.