The Queen’s Gambit of IoT
Summary
Now I don’t know about you, but I have some older kids, and distracting them with an invitation to sit down at the table to talk, normally doesn’t work out so well for the conversation. A recent Bain & Company survey of 627 executives (more than half of them in industrial roles) shows that IIoT uptake is going significantly slower than predicted back in 2016. As a producer you need to worry about the quality of your smart product, its relevance, reliability and ease of use, and the user experience in general. So, the focus from a consumer perspective is to build a strategy that solves the IT side - the business model, the enterprise integration and process management - first, before diving into the device itself. You could be neglecting your device capabilities in the short term, but like in a game of chess, as long as you don’t sacrifice your most important pieces, there are many ways to success.