inety percent of companies that took part in the 2021 Microsoft IoT Signals survey have already adopted the Internet of Things solutions to reduce operating costs, unlock additional revenue streams, and gain a competitive edge
Companies that struggle with IoT product development typically cite high scalability costs, technical challenges, and vague ROI perspectives as the key reasons for IoT project failure.
As a startup look
you could avoid most of these challenges by carefully planning your IoT pilot in advance.
Here’s where our guide to IoT solution development comes in useful.
Understanding IoT Product Development
To help you build an IoT device and the accompanying software ecosystem in a risk-free way, we’re starting an article series that dives into the Internet of Things technologies and IoT product development best practices.
This time, we’ll focus on the Internet of Things definition, arch