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The Journey Towards Successful IoT Projects
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The Journey Towards Successful IoT Projects
1.
4 Best practices Implement security
mechanisms such as secure booting, TPM or TLS List adjacent IoT systems for potential future integration Common mistakes Not building IoT systems in a modular manner Not building the IoT Solution on top of existing standards 3 Business Case Development Initiate the IoT project by developing the goal/vision and ROI model Takeaway: It is most common to start with a business model hypothesis but some just explore the technology to find value How companies start their IoT projects? 64 % Hypothesis-based approach 34 % Explorative approach 2 % Other 1 Proof of Concept (PoC) Try out a number of use cases in a small but real setting and quickly assess the solution feasibility. Which vendor is primarily in the lead to coordinate your IoT solution development? 29 % IoT Cloud / Platform provider 21 % No vendor, we build in-house 17 % SI (System integrator) 13 % Undecided 20 % Other Initial Pilot Rollout Work with a pilot product or a customer to implement the technology in a small but real setting DOWNLOAD NOW COMPLETE GUIDE TO IOT SOLUTION DEVELOPMENT OTHER SOURCES: INDUSTRIAL ANALYTICS REPORT 2016 / 17 https://iot-analytics.com/product/industrial-analytics-report-201617/ LIST OF 640+ ENTERPRISE IOT PROJECTS https://iot-analytics.com/product/list-of-640-iot-projects/ SUCCESS Takeaway: IoT Cloud / Platforms are leading the way in coordinating the IoT Solution Development 5 Common mistakes Individual system components are initially not designed to scale to thousands of devices – requiring major redesign efforts Commercial Deployment Roll out the solution to other products / customers / regions. Where are most IoT projects currently being realized? 22 % Connected industry 20 % Smart city 13 % Smart energy 13 % Connected car 6 % Smart agriculture 6 % Connected building 20 % Other Takeaway: Most IoT projects are currently implemented in industrial settings and cities Best practices Employ modern project management philosophies like design thinking and agile development Map the IoT skills gap to understand the kind of expertise that needs to be brought in from the outside Best practices Perform PoCs with several vendors to benchmark their capabilities Map the attack surface of the IoT solution and work with the “security by design” philosophy Common mistakes Not starting the organizational change effort on day 1 — starting early is crucial! Underestimating the required time, budget, and complexity 31-PAGE GUIDE INCLUDING: • BENCHMARK OF 8 MAJOR IOT VENDORS ALONG 15 COMPONENTS OF AN IOT SOLUTION • KEY LEARNINGS FROM CURRENT IOT PROJECTS • 3 DEEP DIVES ON CRUCIAL IOT ASPECTS: SECURITY, INTERCONNECTIVITY AND MANAGEABILITY REPORT VALUE $ 999— DOWNLOAD NOW FOR FREE https://iot-analytics.com/product/guide-to-iot-solution-development/ White paper | September 2016 GUIDE TO IOT SOLUTION DEVELOPMENT Target Audience: IoT Business Technical Decision Makers Companies building IoT Solutions need a structured approach to enhance the development process. Find out key learnings from initial pilot projects along the 5 phases of IoT solution development - including a high-level comparison of major IoT solution vendors. authored by Padraig Scully Knud Lasse Lueth APPLICATION CLOUD SERVICES COMMUNICATIONS DEVICE SECURITY See the guide for a complete comparison. Common mistakes Putting too much trust into one vendor‘s in-hourse capabilities to build a scalable solution instead of working with partners Best practices Map the engineering requirements across the technology stack Understand the ecosystem and its capabilities for the vendor in the lead 2 Build vs. Buy Decision Understand the engineering requirements, the capabilities of key vendors, and eventually choose suitable vendor(s) How do leading IoT vendors compare? (Excerpt) Components Device Management Operating System Edge Analytics Storage / Database Augmented / Virtual Reality Modules and Drivers 17 Components 8 leading IoT vendors See the guide for a complete comparison. = Offering available What does the technology stack look like? © April 2017, IoT Analytics GmbHDeveloped in partnership with Microsoft JOURNEY TOWARDS SUCCESSFUL IOT SOLUTIONS
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