FEATURE : INTERNET OF THINGS quarters ( 72 %) are planning to increase their IoT budgets in the next two years .
There was consensus ( 81 %) that getting the IoT device design right is key to an effective IoT project .
Despite this , operational failures are often down to the device , with over two thirds ( 67 %) of respondents saying that most of their IoT project failures are down to an issue at the device level . Worse still , they can ’ t find help when they need it . Almost three-quarters ( 72 %) say that embedded firmware developers are hard to find and in short supply , for example .
Keen to measure the state of their IoT project , nine out of 10 respondents said that it would be beneficial for their business if they could assess their IoT project ’ s level of maturity and compare where their project is at with their industry peers .
AT THIS CRUCIAL
POINT IN THE SECTOR ’ S DEVELOPMENT , SECOND- BEST – IN ANY ASPECT – IS
NOT GOOD ENOUGH .
connectivity , and lasting value . At this crucial point in the sector ’ s development , second-best – in any aspect – is not good enough . Taking the time to assess a product ’ s maturity and then investing in expertise to improve quality from first principle is the necessary first step in today ’ s IoT projects .
Additionally , 95 % of US respondents said it would be beneficial to assess IoT project maturity and 94 % of US respondents said a monthly subscription service program with all end-to-end IoT services under one roof would be beneficial .
Nick Earle , CEO , Eseye , said : “ Businesses need to understand where they are to get to where they want to be . They also need to demand more from IoT service providers and a service model that emphasises quality at an affordable price point . They should be seeking end-to-end expertise incorporating device design ,
“ A change of mindset is needed , where buyers understand the capabilities they are working with and invest in the right connectivity technology that will Drive change for their unique business case . Increasing budgets allows IoT teams to invest in solving the problem by building connectivity-by-design into their products , rather than simply increasing the scale of inadequate devices . This survey demonstrates that there is a lot of demand and support for IoT but we need to capitalise on this by educating buyers and solving business problems rather than just throwing money at an inefficient model .” p
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