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Whether You Build Or Buy An IoT Platform, Experience Matters
I have a friend who had a house built to his specifications. He bought the property, hired an architect and then made sure that he had highly experienced contractors and project managers working together to build the house. There were a few cost overruns and some surprises along the way, but the experience of the contractors and the architect paid off, and he is now very happy in his house. Best of all, the quality that went into the design and execution resulted in very few issues after he moved in. When it comes to experience, embarking on digital transformation through the internet of things (IoT) is no different from building a house: It is complex to put together and significant know-how is needed. As the co-founder of an IoT software company, I know you can’t solve a lack of experience simply by throwing great technology at it. IoT requires so much orchestration of various elements that the potential surface area for failure is massive. In most cases, I've found it is not the technology that results in failure.
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