ENTERPRISE BUSINESS ADOPTION OF IOT

Microsoft just released IOT Signals.

It is interesting reading. You find the report here. Microsoft conducted the report by an online survey, in total 3000 respondents. Decisions makers (Business and IT) and developers.

Read the report to crunch the numbers yourselves. Below I give you my key take aways.

THOUGHTS

By looking at the pictures and diagrams I've drawn my own "quick" conclusions. :) Enterprises is still looking for the "Silver Bullet", I know that, at least to some extent, lack of available technical resources can be problematic. However, in some cases I think that problem is exaggerated.

1. Enterprises most often have a sourcing strategy with frame agreements with consultancy companies to "Staff" projects. Without having a procurement procedure for technical specialists/tech resources that will give the projects a headache.

Focus area from enterprise: Cost reduction

 

2.  Top five reasons for IoT adoption, four out of five reasons are related to cost optimization. That is, of course, where the big bucket of gold lies. The last one of the five is related to safety and security.

Focus area from enterprise: Cost reduction and efficiency

 

3. Top three benefits for IoT adoption; increased efficiency, increased yield and improve quality. This is areas that are complex but it is not only a technical issue to solve. IoT will be part of achieving that. But you need to be persistent to get there.

Focus area from enterprise: Efficiency and improved quality --> should result in better yield.. or?

 

4. Top 5 challenges... 

Many IoT projects can be complex and there will be technical challenges to solve, some harder that others. Remember that many companies have a legacy to handle. This legacy can be due to an old product design or complex systems to integrate with. If so, it is not a technical challenge, it is more that a quick fix won't solve the problem. 

 

Focus from enterprise: Complexity & technical challenges --> focus on cost

 

My quick conclusion: I think that what is really problematic is the lack of resources and the lack of knowledge. If you source the same old way you will get the same old results and design patterns. That sourcing strategy came, a long time ago, to save enterprises money. Technical resources became bread and butter. To implement an integrated IoT service, Microsoft and others have solved the really tricky problems with security, scalability, portability etc. What is needed is actually employing/sourcing resources/consultants that have experience in the area and give them a budget to really implement the solutions. If you want to achieve these long term goals of improved quality, increased yield and increased efficiency you need to put some stake in the projects. The return of investment will come, if you have a solid service.

You can't have the cake and eat it..  

 

Mattias Zaunders