3 common pitfalls to avoid in IoT projects

Any disruptive technology comes with the opportunity to learn fast and move forward. However, in recent months we are observing common recurring patterns. We aim to share these lessons learned to help others succeed earlier and harvest the benefits of real-time insights and actions. We also created a graphic to help describe the idea. Where are you in this picture today and where do you need to be?

1. Architecture not ready for a changing world

We hear often that change is the only constant. This has never been so applicable as in the world of the Internet of Things and accelerating technology advances. When the basic architecture is founded and rooted in the knowledge that the world is changing, you can deliver results; as only more things will be going online and you will be future proof for an ever growing number of data driven applications.

In addition to this, there will be many future use cases possible from the data that other industry partners will be interested in accessing to enable smarter decision making. Controlled access to this aggregated information (enabled by the yellow sun shape in the graphic) will have a premium value. If we refer to the graphic, in an ideal world manufacturers would focus on the infrastructure to enable and support application development by integrators, service companies and user groups.

2. Not knowing your “role” today and where you need to be, avoiding the red quadrants

Being all things to all people can be exhausting and counterproductive. In this regard, knowing your role in the new IoT world and where you should be heading are vital. We have observed the challenges here ourselves and see other industry players struggling. For example if you are an end user or service company, then the focus should not be on sensors and infrastructure development. When after-sales service and maintenance companies can harvest aggregated data, then the end-users will see enhanced service levels and up time.

3. Not realising that being a partner is as important as having a partner

In the connected world being a partner is as important as selecting a partner. Knowing your role and your partner’s role allows you to make the most out of these new relations in a very dynamic and evolving market. Take time to align on the most important issues of the goals, security and how to handle the changing world scenarios.

Fortunately there are many options available today with platforms, partners and players.

Want to avoid more pitfalls or to discuss getting back into the right quadrant,  feel free to contact us.