Why IoT Projects Fail: Six Critical Capabilities to Consider

Following best practices in deploying IoT solutions mitigates the risks most commonly associated with failure. Why do IoT projects fail? Learn from KORE what hurdles there are on the path to launching and how to avoid them.

Even the simplest IoT solutions are highly complex, requiring the integration and management of many different components, services, systems, and processes. Many organizations learn the hard way that traditional IT expertise does not always translate to IoT, and there are myriad unanticipated capabilities, skillsets, and other resources required to successfully implement IoT. In fact, 60% of organizations stressed that IoT initiatives often look good on paper but prove to be much more difficult than expected.

In order to join the 26% that considered their IoT initiative a complete success, companies must “expect
the unexpected” and examine all of the potential considerations and components. By thoroughly planning for six critical IoT capabilities, organizations are poised to successfully launch an IoT project, maintain the success of an active IoT implementation, or reverse the fate of a deteriorating IoT initiative.

Mastering the technologies, acquiring the skillsets, and dedicating the resources required to manage each area of IoT solution management in-house are not realistic next steps for the vast majority of organizations. This is where IoT partners come in, providing the expertise, products, and services needed to support successful IoT initiatives. In fact, a recent study found that organisations that are most successful with IoT engage their IoT partner ecosystem at every stage, from strategic planning to post-deployment analytics.

Download the Ebook now to learn why IoT projects fail and how to succeed.