It has become a no-brainer for organisations to jump on the Internet of Things (IoT) bandwagon. With the amount of data flowing between internet-connected devices, it is vital that organisations are able to implement an effective IoT strategy in order to remain competitive. Yet, as companies race to adopt this technology, it is no secret that many IoT projects are struggling to get off the ground.
In fact, research from Cisco highlights that as many as three quarters of all IoT projects are failing. This is primarily because they have been designed to solve individual problems, meaning they become siloed. With Gartner predicting that, by 2020, more than 65 per cent of enterprises will adopt IoT products, it is crucial that businesses stop trying to cram IoT adoption into a short space of time.