Why Partnerships Are Key To IoT Success

Adi Gaskell - June 2, 2017 - Forbes
URL 3 Min

The Internet of Things (IoT) is increasingly pervasive, with a recent report from IDC estimating that there will be over 82 billion connected devices by 2025.

Unfortunately, despite the growing ubiquity of IoT projects, a recent study from Cisco showed that nearly 75% of projects fail, with even those that were actually delivered seldom regarded as a success.

The report pinned the blame on such failures on a number of things, but central was the excessive focus on technology over the various human factors that influence IoT success. For instance, the most common reason cited for failure was a lack of effective collaboration between IT and the rest of the business, whilst a lack of IoT expertise in the business was also a key factor.

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