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. https://www.iotworldtoday.com/2019/09/16/industrial-iot-vendor-altizon-debuts-four-week-challenge/
blog article
INDUSTRIAL IOT VENDOR ALTIZON DEBUTS FOUR-WEEK CHALLENGE
Given the right technology, the right strategy and enough time, industrial Internet of Things can drive powerful outcomes. But, in many cases, organizations deploying the technology end up with results that are less than what they hoped for. Various studies, from a 2017 Cisco survey to a 2019 Microsoft IoT Insights research, have indicated the failure rate for IoT projects is considerable. “People will try four or five pilots, because they don’t really know where to start,” said Vinay Nathan, chief executive officer of the IoT platform vendor Altizon. Altizon aims to break that pattern with what it calls a “4 Week Industrial IoT Challenge.”The promises of the program are specific: An approximately 15% improvement in overall equipment effectiveness. A 3% gain in process quality and a 5% reduction in overall energy and consumables in those initial weeks. BRIAN BUNTZ READ MORE