Most IoT projects don't make it past proof of concept, but some have proven successful. Explore three examples that showcase how IoT can improve processes and lives
Brian Gilmore writes in IoT Agenda
"It is a recurring theme across enterprises, whether startups or Fortune 100: IoT is more complicated than we'd hoped. From the early promises of the first IoT platforms to the utter confusion of the hundreds that followed in those footsteps, the IoT ecosystem is still a Wild West of vendors, slide decks and handwaving. And the customers suffer for it.
The failure rate for IoT projects is estimated to be anywhere from 50% to 75%. Including all of the one-offs and home lab proofs of concept makes that rate far higher. Like the cloud -- and just about every other massive technology trend before it -- IoT was a product before it was out of the cradle. Nobody wanted to miss the bus this time, and the market acted before it really stopped to think about the basics. So, what is IoT, and why would we use it?..."
The opportunities that lie in IoT
"Cloud technology has long been accepted as fundamental to the way the modern world operates,"
writes Tim Lovejoy in techradar.pro
"with even the most skeptical and reluctant sectors now embracing the value it offers. What comes next, as IoT devices proliferate in our work and home lives, is a move towards edge computing, which has particular advantages for the public sector.
IoT presents vast opportunities across the public sector. Autonomous transport, health monitoring devices, traffic and lighting applications, law enforcement are all possibilities as well as smart bin sensors to ensure rubbish never overflows..."