With the Internet of Things (IoT) being a relatively new concept, the focus has been mainly on simply making it work than it being a commercial win. IoT, like the technology that fuels it, is still finding its ways into businesses, but have now reached enough companies for some basic principles to arise. In an article for InformationWeek, Allen Proithis explores what some would consider “common sense” approaches to IoT:
- Define the business problem.
- Make data a priority.
- Design the minimum viable product (MVP).
- Treat technology as an enabler.
- Exercise “urgent patience”.
- Bring your friends and make new ones.
- Be vigilant.
Common Sense for the Common Company
One of the first things to do is to identify the business problem. Knowing what you’re up against or what the issue is can help get everyone on the same page for the project. That way you can work out what the end result will be. The importance of data shouldn’t be overlooked as well. Make use of not just your IoT data but also operational data and data from partners. Additionally, taking time to design the minimum viable product should be made top priority. This way, the groundwork can be laid for a successful project that doesn’t start out as a giant sprawling mess.
Proithis also notes the importance of treating tech as an enabler:
Who do business leaders call first when starting an IoT project? Is it a semiconductor company, module maker, device maker, operator, systems integrator? Whomever they start with, I can guarantee they have a strong point of view on the technology that should be used. Instead, it’s more productive to begin an IoT project by selecting technologies based on the specific use case and business problem. Companies should be wary of building an IoT solution around one part of the technology ecosystem.
While the technology itself is an important part of this, your own agency shouldn’t be overlooked. Keeping a level head in high-stress situations will keep your project from spiraling out of control. Staying sharp and vigilant in these times will make sure you have the edge on your competition. But most of all, knowing when to call in experts should always be on your radar.
You can view the original article here: http://www.informationweek.com/big-data/big-data-analytics/a-common-sense-approach-to-iot/a/d-id/1329024