IoT has a bright future. Industry analysts 451 Research say that by 2024, the IoT market opportunity will be worth $658bn. They predict that there will be nearly 14 billion connected devices in the same period.
The last five years have seen some maturity within the industry too; “winners” are emerging in key consumer IoT use-cases. Amazon’s Alexa-enabled range of devices has successfully infiltrated millions of homes and the Apple Watch is worn by sports enthusiasts and CEOs alike.
However, studies by Gartner have shown that 75% of IoT projects take longer than expected. A recent Cisco study also found that 33% of IoT projects fail. This guide analyses the top reasons behind this trend: slow decision making, technical complexity and business uncertainty.
Download the guide to discover 4 practical solutions to these problems, covering:
- Best practices for selecting hardware
- Infrastructure recommendations
- Embedded operating systems, optimised for IoT
- Making use of specialist talent