5 Tips to Prevent Your IoT Project from Taking a Wrong Turn
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In 2019, Microsoft surveyed three thousand IT team leaders involved in IoT projects and reached a disappointing conclusion. It turns out 30% of IoT projects stall at the Proof of Concept (PoC) stage! On top of that, 75% of IoT deployments that eventually make it past PoC do not yield the expected results.
Surprisingly, even large companies with full-fledged IT departments and substantial R&D funds are struggling with IoT development. According to the Microsoft IoT Signals report, 38% of the respondents cite technical challenges as the major barrier to the Internet of Things adoption. Other factors affecting IoT project success rates include the lack of technical talent, limited budgets, and unclear bottom-line benefits.
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